Senior Business Risk Analyst, Trading, Treasury, & Securities Lending

Job Description

Senior Business Risk Analyst, Trading, Treasury, & Securities Lending

Please Note:

• Current work authorization for Canada is required for all openings
• You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement
• This is a full-time opportunity
• The work location for this role is 483 Bay Street in Toronto until approximately late 2026 when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.

Who We Are

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and expertly.

Business Overview

Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. We provide trade execution, clearing, custody and back-office support services to Canadian-based brokerage firms and the Canadian brokerage arms of U.S.-based firms.

For more information about Fidelity Clearing Canada, please visit https://clearing.fidelity.ca/

How You’ll Make an Impact:

As a Business Risk Analyst supporting FCC's Trading, Securities Lending, and Treasury businesses, you will help identify, assess, and mitigate operational risks across key capital markets functions. You will leverage strong analytical skills to develop and enhance risk reporting, dashboards, and key risk metrics, transforming data into actionable insights that support informed decision-making and risk oversight.

You will lead RCSAs, conduct operational risk reviews, analyze risk trends and events, and evaluate the effectiveness of key controls to strengthen the overall risk and control environment. By combining data analysis with risk expertise, you will identify emerging risks, highlight opportunities for process improvements, and provide meaningful recommendations to business leaders.

In addition, you will represent Risk Management in business and technology change initiatives impacting Trading, Treasury & Securities Lending, ensuring risks, controls, and governance requirements are appropriately incorporated throughout the project lifecycle.

Success in this role requires strong analytical thinking, operational risk expertise, reporting and visualization capabilities, and effective stakeholder management. The successful candidate will be adept at identifying and assessing operational risks, evaluating control effectiveness, leading risk assessments and change initiatives, and translating complex data and risk information into actionable recommendations that strengthen the business and control environment.

What You Will Do:

Operational Risk Management

• Partner with Trading, Securities Lending, and Treasury business leaders to identify, assess, and monitor operational risks.
• Execute and maintain risk management program requirements, including risk assessments/RCSAs, issue management, risk event reviews, and action plan tracking.
• Conduct process walkthroughs, control assessments, and targeted risk reviews to identify control gaps and opportunities for improvement.
• Conduct root cause analysis on operational risk events and control failures.
• Challenge and validate remediation plans to ensure risks are appropriately addressed.
• Support the development and maintenance of key risk indicators (KRIs).

Change and Project Risk Management

• Represent Risk Management on Trading, Treasury, and Securities Lending business and technology change initiatives.
• Provide risk and control guidance throughout project lifecycles, including new products, process enhancements, system implementations, and regulatory initiatives.
• Assess operational risks associated with proposed changes and ensure appropriate controls are designed and implemented.

Analytical Reporting and Dashboard Development

• Conduct risk assessments and recommendations for existing and potential trading & banking counterparties.
• Develop and enhance risk reporting, dashboards, scorecards, and management information packages.
• Analyze operational risk data, trends, incidents, and key performance indicators to identify emerging issues and opportunities for improvement.
• Automate and continuously improve reporting processes to enhance efficiency and decision-making.
• Prepare executive-level reports for business leaders, risk committees, and senior management.

Risk Culture and Advisory Support

• Promote strong risk awareness and accountability across supported business units.
• Provide risk management guidance, education, and training to business stakeholders.
• Build strong partnerships with business leaders while maintaining effective independent challenge.
• Act as a trusted advisor on operational risk matters affecting Trading, Securities Lending, and Treasury activities.

What We Are Looking For:

Required

• 3+ years of experience in risk management required, ideally within the securities or banking industry.
• University degree required, preferably in Business, Finance, Economics, Accounting, or a related field.
• Strong analytical and problem-solving skills with the ability to interpret financial and operational information.
• Excellent written and verbal communication skills with the ability to influence stakeholders at various levels.
• Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment.
• Proficiency with Microsoft Office applications, particularly Excel and PowerPoint.

Nice to Have

• Knowledge of CIRO, securities regulations, and Canadian financial industry practices.
• Knowledge of capital markets products, securities lending, treasury operations, liquidity management, collateral management, and settlement processes.
• Experience working in a clearing broker, custodian, or wealth management environment, preferably supporting trade desk activities and associated risk controls.
• Professional designations such as CFA or FRM are considered an asset.
• Experience with risk reporting tools, dashboards, or data analytics solutions.

Total Rewards That Reflect Your Impact

We believe exceptional work deserves exceptional recognition. That’s why we offer a competitive compensation package designed to support your success today-and your financial well-being tomorrow.

For this role, your total rewards include:

• Base Salary and Discretionary Performance Bonus: Total annual cash compensation (base salary pus target bonus) ranges from $105,000 to $123,000, based on your experience and qualifications.
• RRSP Contribution: After 6 months of employment, we invest in your future with an RRSP contribution-no employee matching required.

We’re proud to offer a compensation package that aligns with provincial pay transparency requirements.

This posting represents an existing vacancy within our organization-an opportunity to step into a role where your talents will make a meaningful difference.

We use AI-enabled LinkedIn Hiring Assistant to support parts of our sourcing process. Every hiring decision is reviewed and finalized by our recruiters. If you choose to ask questions to the LinkedIn HR Hiring Assistant, please be mindful that the responses are not official and must be confirmed for accuracy and completeness by Fidelity. If you are selected for an interview, the recruiter who contacts you can best answer your questions.

Some of the ways we’ll help you feel valued and supported as part of our team:

• Flexible working arrangements - 100% remote, hybrid, and in office options
• Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you
• Comprehensive health benefits that start on your first day, with 100% employer-paid premiums, that include up to $6000 annually for mental health services and therapy
• Parental leave top-up to 100% of your salary for a period of 25 weeks
• Up to $650 for home office equipment
• Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice
• Diversity and inclusion programs, including an active network of Employee Resource Groups
• Extensive professional development opportunities, including access to over 11,000 training and development courses, tuition reimbursement, and monetary rewards for completing a required designation

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at [email protected].

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

• Canada's Top 100 Employers o Greater Toronto's Top Employers o Canada's Top Family-Friendly Employers o Canada's Top Employers for Young People
• Great Place To Work® Certified o Best Workplaces for Inclusion o Best Workplaces for Mental Wellness o Best Workplaces for Today's Youth o Best Workplaces for Women o Best Workplaces in Financial Services & Insurance o Best Workplaces in Ontario o Best Workplaces with Most Trusted Executive Teams

• LinkedIn Top Companies in Canada
• Human Resource Director (HRD) - Best Place To Work o HRD - 5-Star Benefit Program o HRD - 5-Star Diversity & Inclusion Employer

Designations

• Canadian Compassionate Companies - Certified
• Benefits Canada's Workplace Benefits Award - Future of Work Strategy
• TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting
• Canadian HR Reporter's Most Innovative HR Team