Job Description:

The Expertise We’re Looking For

Minimum eight years as a practicing attorney; with five years’ relevant experience.

Law firm or equivalent experience required.

Experience in securities, public or private finance, and/or corporate and transactional law preferred.

Deep knowledge of the Investment Company Act of 1940 and familiarity with the Securities Act of 1933, Securities Exchange Act of 1934, and Investment Advisers Act of 1940.

Working familiarity with money market funds and Rule 2a-7 of the Investment Company Act of 1940 is required.

Stable value insurance wrap and repurchase agreement contract negotiation experience is desirable but not required.

Strong academic background.

The Purpose of Your Role

Deliver comprehensive legal counsel as an attorney assigned to the Fidelity Asset Management Legal Department’s Portfolio Investments Team. You will provide real-time legal advice to fixed income investment professionals on the structure and legalities of investment products, including money markets, structured securities, and U.S. and non-U.S. government and corporate bonds. You will gain an understanding of all aspects of the investment process by working closely with the business, including portfolio management, trading, operations, and compliance teams on the evaluation, set-up, processing, and purchase of sophisticated instruments, including repurchase agreements. You will draft, review, and negotiate the various trading agreements, stable value wrap contracts, and security offering documents necessary to support fixed income investing. Finally, you will monitor and analyze credit and legal developments as well as legislative and regulatory developments related to fixed income products.

The Skills You Bring

Your clear oral and written communication skills, in particular the ability to reduce sophisticated legal issues to straightforward, practical analysis and advice.

Your natural collaborative approach in devising pragmatic and creative solutions across a variety of issues in a dynamic environment!

Your strategic and critical thinking skills, excellent judgment, and decision-making skills.

Your professional maturity, confidence, presence, and initiative.

Your agility and resilience characterized by the ability to remain calm under pressure with a “can-do” attitude.

Your ability to manage outside counsel to provide excellent legal services in an efficient manner.

The Value You Deliver

Be a key member and contributor to the Fidelity Asset Management Legal Department’s Portfolio Investments Team. You will work alongside a team of asset management attorneys primarily located in Merrimack, New Hampshire. This team works together to support the Fidelity Asset Management Group in respect of a broad range of investments held across Fidelity’s domestic and international funds, pools, and separately managed institutional accounts.

Work closely with portfolio managers, analysts, and traders to support Fidelity’s trillion dollar money market trading desk. Legal support will include providing guidance on applicable regulation including Rule 2a-7, helping to structure new investment products, and reviewing trading agreements and investment offering documents.

Support Fidelity’s taxable bond trading desks by reviewing and completing security offering documents (including structured and privately offered securities), providing regulatory guidance, and working with investment associates and bond underwriters to structure new investments.

Draft, negotiate and complete master agreements, trading agreements, and related documents required for various investments including cleared and non-cleared repurchase agreements, stable value products, forward settling securities, tender option bonds, and commercial paper programs.

As a member of a cross-functional team of associates you will work on projects that gauge the impact of proposed legislation and regulations, coordinate advocacy on behalf of Fidelity, and support implementation.

How Your Work Impacts the Organization

You will play a vital role in contributing to the legal work necessary to support the asset management investment process. You will be a critical ingredient to the highly valued legal guidance provided by the lawyers dedicated to the Asset Management Group. You will work closely with a dynamic, highly skilled, and collaborative group of legal and investment professionals.

Certifications:

Company Overview

At Fidelity Investments, our customers are at the heart of everything we do. As a privately held company with a rich 75-year history, our mission has remained the same since our founding: to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning and growth so you can build the career you’ve always imagined. We welcome associates from different backgrounds and with different perspectives to help us innovate and make a difference for our customers and our communities.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 2.

Fidelity will continue to keep the safety of associates and customers as our top priority and this will never change. As the pandemic evolves and Federal, State, and Local regulations emerge, it has become clear that knowing the vaccination status of all associates is critical to our safety efforts.

Therefore, Fidelity will require all candidates to disclose their COVID-19 vaccination status during the hiring process, and if vaccinated, provide proof of vaccine.

This is not a requirement to be vaccinated. It is a requirement to report vaccination status and, if vaccinated, provide proof.