Global Business Services (GBS) is the operational backbone of Fidelity International, crucial to the accurate, timely and efficient administration of our funds. Located in several global locations, including Dublin, we provide the middle and back office functions for the company ranging from trade settlement, corporate action processing and NAV generation, through to the production of reports and accounts for our funds. In an industry that is becoming ever more complex it's essential that we are able to be creative and adaptable in the services and solutions we offer. With this in mind, our mission is to add value in every aspect of investment administration by delivering excellent service with a combination of innovative flexible solutions, outstanding knowledge resources and total commitment to our company goals.
We achieve this by:
Within GBS, Corporate Actions are responsible for identifying, tracking, processing and reporting any Corporate Action events and Dividends, which effect any security position held by Fidelity's retail and institutional funds, on equity, fixed income and derivative type products. The global range of Fidelity's products and services expose the team to the full spectrum of corporate action types across most of the world's stock markets.
What you'll do
The team is in daily contact with approximately 30 custodian banks and information vendors researching, analysing and verifying corporate action information. The team is responsible for notifying the Portfolio Managers and Trading Desks globally with details of voluntary corporate actions. The team collect all responses and instruct the custodian banks in line with the Portfolio Managers wishes. There is also a strong emphasis on liaison with the many areas within Investment Services; working collaboratively to resolve mutual issues.
The team is responsible for processing all corporate action and dividend entitlements in the Accounting system on a timely and accurate basis in accordance with accounting practices. The team's daily processes are driven by the three daily valuation points at 10.00, 12.00 & 17.00 (UK time) and all activity must be loaded and checked prior to the valuation point. The team are also responsible for confirming the availability of entitlements and unblocking these from the trading system to enable trading. Processing will also include CFD's and also pre-processing certain mandatory events the day before ex-date within the Investment Services systems to reflect corporate action entitlements in the Start of Day positions delivered to Investment Management.
What you can expect
Who you are
Great minds, better together.
Fidelity International is an equal opportunities employer and is commited to a policy of treating all its employees and job applications equally.