Graduate scheme

Greater London

Introduction

Like many other financial service institutions, Fidelity is exposed to Strategic Risk, Financial, Non-Financial and Investment Risk. The Global Risk function is responsible for the development of risk frameworks, tools and infrastructure to enable our business heads to manage risk and their risk appetite. This includes advising and supporting business heads on current and future risk exposures, risk and reward trade-offs, robust governance processes, and mitigation strategies to enable the best customer and employee outcomes, as well as sustainable profitability for the firm.

The Global Risk function forms part of the second line of defence which oversees and challenges Fidelity’s risk profile through our team of independent risk experts. Our team is highly skilled in quantitative and qualitative risk disciplines, and has a deep understanding of the business. We are present around the world and our involvement spans across all functions. Our team is diverse and we’re focussed on helping our people thrive and develop their career.

We’re looking for individuals who are interested in joining us on a rotational programme in our Risk business and seeking challenging and rewarding work.

What you’ll be doing:

We don’t expect you to come straight in and know everything about what we do.

As a graduate, and whatever you’ve studied, we’ll help make sure you get the most out of being a full-time employee.

You’ll have the opportunity to build a strong professional network with senior management across the organisation as you work on high profile change and transformation projects. 

Graduates on this programme rotate through a number of different teams within the Global Risk function, which might include:

  • The Non-Financial Risk Team: overseeing the application of the Operational Risk and Non-Financial framework to support the Fidelity strategic goals and business. This includes: providing oversight of Fidelity’s operational risk profile, control environment and mitigation activities (e.g. business and function management, legal entity boards, and control functions); promoting and reinforcing a strong culture of risk management and risk awareness; application of Risk & Control Self-Assessments to optimise Fidelity’s control environment; Risk Event framework oversight; development and oversight of Fidelity's Technology & Information Risk framework; and Portfolio, Projects & Change Risk oversight and assessment.

  • The Investment Risk & Oversight Team: holding responsibility for the framework and governance of all aspects of Investment Risk including market risk, derivatives risk, sub-advised risk, fund liquidity risk and (fund and corporate) counterparty risk. The team also provides oversight of the Operational Risk and Model Risk associated with the Investment Process.

  • The Investment Risk & Analytics Team: this team forms part of the Investment Risk function, alongside the Investment Risk Oversight and Investment Risk Operations teams. Responsibilities include ensuring that all investment risks taken by our funds are intentional, understood and appropriate for a given portfolio. To help perform this oversight, IR&A produce risk metrics such as Value-at-Risk and Stress Testing for Market Risk, and Fund Liquidity. IR&A, along with other teams, run the Investment Risk Committees which are the primary control meeting for overseeing investment risks within portfolios.

 

  • The Enterprise Risk Team: providing the overarching risk framework that supports all aspects of risk management across the global business. The ERM teams which are based in the UK, Germany, Ireland, India and Bermuda ensure the Framework’s application, covering: financial risks, strategic risks (including corporate ESG risks), emerging risks, governance, risk culture, risk appetite, risk assessment, risk profile, the internal capital assessment and reporting processes - including capital models, and the global policy framework. The model risk teams that are based in the UK and India act as the independent model risk control and validation function and sit within the ERM team.

 

  • The UK & Continental Europe Risk Team: a multi-national team, working across borders to partner with all of Fidelity’s client-facing businesses (Wholesale, Institutional, Workplace Investing, Adviser Platform and Personal Investing) to ensure that they manage their risk profiles appropriately. It does this by providing proactive and high quality risk support and oversight to the business, including risk solutions, training and education, challenge, assurance and reporting of risk. The team is strategic in its outlook and carefully weighs up risks and commercial needs. In this way, it contributes to the development of Fidelity International’s business and to the protection of its clients, end-investors and business interests.


What we look for:

You’ll be self-motivated, curious and enthusiastic about joining us at Fidelity. The work you’ll be doing requires analytical skillset, attention to detail and the ability to multi-task.

We welcome applications from students from all degree backgrounds. If you’re inquisitive and ambitious, a career at Fidelity could be a great opportunity for you.

As a minimum requirement you’ll need to:

  • Have graduated in 2021 or be graduating in 2022 (Bachelor’s or Master’s degree)
  • Have right to work in the UK at point of application.

If you are currently on a Tier 4 / Student Visa, this means you have the right to work in the UK

Our clients come from all walks of life and so do we. We are proud of our inclusive culture and encourage applications from the widest mix of talent, whatever your age, gender, ethnicity, sexual orientation, gender identity, social background and more.

As a flexible employer, we trust our people to perform their role in the way that works best for them, our clients and our business. We are a disability-friendly company and would welcome a conversation with you if you feel you might benefit from any reasonable adjustments to perform to the best of your ability during the recruitment process and beyond.

Training and Development

You’ll start the graduate programme with a comprehensive induction, during which we’ll introduce you to investment management and how it fits into the City, as well as to financial markets. After that, there are many more ways to develop your skills through the duration of the program.

Social and networking events will help you get to know our people and culture. All the while you’ll be learning on the job, working to clear goals and understanding your own potential.

 

How to Apply

Applications will close on Friday 14th January 2022 at midday / 12.00pm.  

Please note that you are required to apply and complete two online assessments by the above date and time in order to be considered for this programme. Please ensure you give yourself plenty of time to complete these as we will not be able to provide any extensions after this. Each assessment will take approximately 40 minutes to complete.

Assessment centres for this programme will take place around February/March 2022.

More Details

Apply by

14.01.2022

Locations

London

Regions

Greater London

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