Manager, Prime Trading
Location
San Francisco, CA
Compensation
$74k–$141k USD
Type
full time
Posted
2 weeks ago
Market range · company + function + seniority
p25 · target · p75 · n=66
Posted $141k · well below market
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Job description
Fidelity will not provide immigration sponsorship for this position.
Job Description:
NOTE: Fidelity will not provide sponsorship for this position.
The Role
This individual will be part of a dynamic team supporting Prime, Custody and Family Office clients as well as the Fidelity Capital Markets organization. The role requires a heavy emphasis on trading and related activities across all asset classes including equities, ETFs, options, and fixed income products. This role requires close coordination with other trading desks, risk, compliance, and operations. A high degree of accuracy, market awareness, communication skills, and a commitment to delivering a superior client trading experience are essential.
Client Coverage and Relationship Management
- Serve as the primary point of contact for family offices, RIA’s and Prime clients on trading and operational matters across all asset classes including equities, ETFs, options, and fixed income.
- Maintain strong, trusted relationships with internal trading desks, risk teams, and external market participants.
Trading Support and Daily Operations
- Demonstrated understanding of markets, trading, and liquidity characteristics across equities, ETFs, options, and fixed income.
- Oversee daily trade‑related support including order inquiries, execution status, trade adjustments, position breaks, and settlement issues.
Margin, Risk and Controls
- Ability to analyze client activity, margin usage, and risk exposures
- Monitor, track, and coordinate resolution of margin calls driven by market activity across multiple products.
- Communicate risk events, low-cash conditions, or collateral shortfalls proactively to clients and internal risk teams.
The Expertise and Skills You Bring
- Series 7, 57, and 63 licenses required
- Bachelor’s degree in Finance, Accounting, or Economics
- 4-7+ years of financial industry experience
- Brokerage or trading experience strongly preferred
- Proven ability to communicate effectively at all organizational levels
- Collaborative, team‑oriented, and proactive
- Highly self‑motivated with strong work ethics
- Ability to balance and prioritize multiple tasks under tight deadlines
The Team
Fidelity Capital Markets is the institutional trading arm of Fidelity Investments, providing trading products and services to a wide array of clients, including buy-side institutions and hedge funds, as well as to Fidelity’s own businesses. FCM offers a suite of electronic brokerage products and execution services across multiple asset classes including equities, fixed income, options, and forex, as well as prime brokerage, securities lending, and municipal and bank issued brokered CD underwriting. Our product coverage includes Equity Block Sales/Trading, Program/Electronic Trading, SAM Trading, International Equity Trading, Prime Brokerage, Soft Dollars, and New Accounts.
Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
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