Job Description:
Working Hours: Standard GMT (08:30am-5:00pm)
The Expertise We’re Looking For
- 3 years of financial services experience, preferably with exposure to Custody Operations and/or Trade/Fixed Income Life Cycle management
- 2 years of experience, in Trade Life Cycle, Settlements or Fails Management.
- Experience with OMGEO Alert, CTM, CLS, MISYS preferred.
The Purpose of Your Role
This position will be responsible for the day to day activities ensuring all trade confirmation and settlement processes, reporting, and inquiry responses are completed timely and accurately for the Fidelity Trading Desk FX and equity activities. This person will possess a full understanding of Fidelity’s organizational structure, information flow and internal systems, as well as good industry knowledge pertaining to trading and settlement of equity, and foreign currency (non USD) exchanges. They should be able to identify, analyse, and resolve complex issues or potential operational risk that may arise and effectively communicate with any party that may be involved.
The Skills You Bring
- Experience with industry practices and tools.
- Detailed knowledge of market settlement practices.
- Operational knowledge in FX settlement
- Proficient skills in various software applications to include, Excel, Word, Power point, Outlook
- Excellent interpersonal and communications skills.
- Working knowledge of agile methodologies
- Strong time management skills.
- Strong attention to detail
- Strong data analytical skills.
- Must be able to recognize high-risk items and escalate those items or seek assistance to minimize loss to either the shareholder and/or Fidelity.
- Must have the ability to develop solid action plans to resolve daily operational issues/problems.
The Value You Deliver
- Monitoring transactional confirmation, fails resolution, escrow activity and settlement.
- Communicate issues and take initiative to proactively resolve and prevent problems
- Perform market-specific processes to ensure confirmation and settlement in challenging foreign markets
- Communicate with internal Equity / FX Trading Desks, Broker, Custodian Banks, and other business partners to ensure operational challenges are managed
- Participate as a Subject Matter Expert on projects
- Ability to work effectively within a team environment to successfully manage daily work volumes and quality standards
- Works with Manager and Team Leads to identify process improvements
- Ensure that all responsibilities/assignments are performed in a timely fashion
- Deliver effective written and verbal communication to appropriate business partners
How Your Work Impacts the Organization
The Global Middle Office (GMO) acts as a servicing centre for FMR Co. and FIAM trading desks globally, facilitating the confirmation and settlement of security and currency transactions with brokers and custodian banks, and providing daily cash estimates to Trading. It is also responsible for coordinating corporate action executions, ensuring the collection of income to the Funds, resolving position differences and facilitating securities lending activities.
Trade Operations provides trade support to Fidelity's domestic and international equity, fixed income, high yield and foreign exchange trading desks located in Hong Kong, London and Boston.. Trade analysts work closely with the traders, broker-dealer community and the custodian bank network to facilitate trade matching and settlement in over 70 countries worldwide. In addition to the various external counterparts that the trade analysts deals with, there are also several internal groups that assist in the group's daily responsibilities, including Compliance, Treasurer's Office, Counterparty Risk, Legal, Fund Accounting and other Custody groups.
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Category:Investment Operations
Fidelity Investments Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.
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Strong & Reliable Incentives — Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
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Retirement Support — A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
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Parental & Family Support — Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.
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What We Do
At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.
