Job Description:
The Role
The Manager, Fund Pricing ensures the quality of prices through analysis and judgment to produce and release accurate, timely fund NAVs to Fidelity shareholders. Other responsibilities include:
- Analyze, research, and resolve price and NAV discrepancies.
- Robust understanding when reviewing daily tolerances and exceptions of security valuations to ensure accurate security price holding analysis.
- Synthesize information from various sources, such as Fund Accounting, portfolio management, custody operations, trading desk, brokers, market data and pricing services.
- Assist in the assignment of fair value accounting levels (Topic 820) and validation of Fair Value methodologies.
- Identify problems which could have potential impact on daily operations and could adversely affect customer and vendor relations.
- Assess work processes to build, maintain, and implement validation techniques and suggest ideas for improvement an assist management in implementation.
- Train new employees on formal and informal basis.
- Participation in a nightly rotation to review and complete NAV dissemination to internal and external clients.
- Strong escalation assessment and confidence raising issues to ensure no degradation of services and seeing issue through to resolution.
- Ability to research and connect with business partners using internal systems to prevent and/or remedy issues.
The Expertise and Skills You Bring
- Bachelor’s degree in business-related field (Accounting or Finance) preferred
- Five+ years of financial services experience required
- Pricing or Mutual Fund experience a plus
- Knowledge of Equity, Fixed Income, and Derivative knowledge preferred
- Strong digital literacy, knowledge of Microsoft Office Products (such as Word or Excel – VBA coding knowledge a plus), and the ability to train on and work with different operating systems.
- Very strong communication skills
- Strong Leadership skills
- Self-motivated with a curiosity to identify market trends
- Note: Fidelity will not provide immigration sponsorship for this position.
The Team
The Fund Pricing Team, within the Pricing and Valuation group, coordinates, prepares and reviews pricing for multiple assets. Ensures quality and reliability of security prices through strong operational expertise and high attention to detail to produce accurate and timely NAVs for multiple clients and product types.
Is this dynamic and diverse team ideal for you?
Certifications:
Category:Investment Operations
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.
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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.
