Description

Job Description:

The Role

The Senior Manager Corporate Actions role is designed to offer production support within the Global Corporate Actions team and responsible for people and process management associated with researching, soliciting, processing and instructing on all dividend and corporate action events. In addition, the Senior Manager role is responsible for leading improvement initiatives, oversight of fund event implementations on applicable applications, audit preparation and management. The role will interact with many groups within the Fidelity organization and effectively represent the business to customers and business partners.

The Expertise and Skills You Bring

• 8+ years of financial services experience with an asset manager or custodian bank, preferably in mutual fund operations with exposure to Corporate Actions
• 4+ years of experience in Corporate Actions and/or Mutual Fund Accounting
• 3+ years of management experience
• Bachelor's Degree encouraged, but not required
• Innovative - looks for new ways to improve current processes and develops creative solutions
• Sharp judgment and proven ability logically identify, isolate and resolve problems
• Ability to lead independently and in a team environment under very critical deadlines
• Solid understanding of project and relationship management
• Ability to make decisions with limited/minimal oversight or guidance
• Working knowledge of downstream impacts, workflows and requirements of internal and external business partners and systems applications
• In-depth understanding of the workings of the corporate actions, custody, accounting and the investment operations industry
• Detailed knowledge of corporate action event processing including fund manager solicitation, accounting, tax implications, regulatory conditions, financial impact of transactions, trading implications, global and domestic processing standards and overall life of a corporate action event
• Strong Knowledge of all product types including but not limited to Stocks, Bonds, Options, Warrants, Rights through public and private deals
• Detailed knowledge of securities and monetary transactions with associated financial services industry systems, standards, and regulatory conditions
• Ability to recognize high risk items and call out those items or seek assistance to minimize loss to either the shareholder and/or Fidelity
• Provide functional and technical area expertise, oversight, problem resolution, training, analysis and reporting as needed across a variety of group responsibilities
• Lead projects in the development of technology solutions and represents the department on projects lead by business partners
• Identify areas of risk and work to mitigate them
• Conduct hiring, promotions, transfers, performance reviews, corrective action, terminations and other status changes of staffing
• Provide strategic vision and long-range tactical plans to ensure culture of continuous operational improvement
• Works with FFIO Tax, Institutional and Retail Accounting to determine tax and accounting treatment of highly sophisticated corporate actions
• Handle critical issues from all lines of Asset Management including FMR, FIC, FMTC, SAI, FIAM and Geode as well as External Managers
• Work closely with peers in Fund Accounting and Pricing to ensure urgent Corporate Actions related issues are resolved timely

The Team

This team is responsible for all aspects of corporate action research and processing for assets across the approximately $2 trillion worth of assets under management, including actions cumulatively affecting securities worth in excess of $1 billion at a given time. The Global Middle Office acts as a servicing center for FMR Co.'s 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.

Please see below for the salary range for work locations in Colorado only:
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Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:
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Please see below for the salary range for work locations in California only:
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Please see below for the salary range for work locations in Washington only:
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Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission 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. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a Best Place to Work in 2023. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we're calling "Dynamic Working."

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 Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 3.



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