Job Description:
Working Hours: 8:30-5:00 PM
Our Reconciliations team are centrally involved in managing resources, process, customer needs and responsible for the daily Cash reconciliations for Fidelity Mutual Funds. The team monitor exceptions to the bank in order to protect the Fidelity's integrity and our Shareholders.
The Purpose of Your Role
You role is essential in driving the accuracy of the mutual funds’ accounting and will require you to complete Cash, Position, Bank, Fund, and/or Proxy reconciliations on time and within expectations.
Outside the daily activities we also have a strong bias towards continuous improvement and have an active backlog of projects for you to lead or participate in. These are a fantastic way for you to build new or deepen existing skills and craft your career path.
The Skills You Bring
Our work is completed through various systematic, written, and verbal interactions. The team interact with the Fund Accounting Teams, TAAC, Cash and Banking Operations, Fidelity Transfer Agents, Transfer Agent Banks, and other internal partners. Key experiences you bring to the role are:
- Your base level knowledge of reconciliations and industry regulations, cash & securities movement, accounting principles and the various elements of NAV, Mil or Yield calculation
- A real passion for deepening your understanding of multiple security types/products and their process flows
- Having the capacity to quickly come up to speed on processes, systems, and tools used by your team to perform reconciliations (i.e. Frontier)
- Being able to competently work with Microsoft Office (e.g. Word or Excel)
- A comfort with autonomy and balancing multiple priorities is something our team would value highly
- Taking pride in how you handle competing priorities and keeping track of your time each day.
- Your eye for detail will be an asset as you identify high risk items, call them out or seek assistance to minimize shareholder and Fidelity risk.
The Value You Deliver
Your are central to the day to day operations of the team, while also using your analytical skills to contribute toward reporting to internal business partners or presentations to senior leaders in Ireland.
- You protect Fidelity through reconciling account activity or researching and resolve cash exceptions with the appropriate custodian bank.
- You're a self starter who utilize resources and can follow protocols and procedures autonomously.
- Leaders within the business look to you to provide exception status reports to business partners.
- You're the daily support that fosters strong relationships with fund accounting and custodian banks
- You're personal ownership and commitment drives accurate and timely reconciliations and exception resolution
- You provide timely customer service to internal and external business partners
