Corporate Actions Rep III

Job Description:

Perform daily tasks associated with the processing and reconciliation of voluntary and mandatory corporate actions as well as research Class Action cases. Process corporate actions promptly and correctly with policies procedures and regulations. Interact with various groups across the organization as well as external vendors and business partners.

The Expertise Were Looking For

• 1-2 years of relevant Financial Services experience
• Mandatory and Voluntary Corporate Actions processing experience preferable
• Bachelors Degree or equivalent work experience

The Purpose of Your Role

• Conduct and keep track of corporate action activities.
• Conduct processing of all types of corporate action events both voluntary and mandatory.
• Facilitate the confirmation and settlement of security and currency transactions and provide daily cash estimates.
• Coordinate corporate action executions ensure the collection of income to the funds resolve position differences and facilitate securities lending activities.
• Assist the team with corporate action research and process tasks related to assets under management.
• Collaborate with stakeholders on issues and continuously follow up to resolve them.
• Escalate high-risk items or seek assistance to mitigate loss.
• Develop the knowledge required to grasp product and processing rules while working under the direction of more experienced colleagues.
• Display a strong sense of teamwork.
• Explore and communicate new ways of improving existing processes.

The Skills You Bring

• Your knowledge of the key elements of Corporate Actions processing
• Your knowledge of the Custody industry Fund Accounting and Mutual Fund Operations
• Your ability to manage multiple tasks effectively
• Your ability to identify and escalate high risk items
• Your strong written and verbal communications skills
• Your time management skills
• Your analytical and problem-solving skills
• Your Innovative mindset you look for new ways to improve current processes and develop creative solutions.

The Value You Deliver

• Responsibility for high quality processing of Mandatory and Voluntary corporate actions
• Managing the communication of complex corporate actions to internal stakeholders
• Interacting with many groups within the Fidelity organization and effectively representing the business to customers and business partners
• Escalating issues appropriately
• Demonstrating a strong team-work ethic

How Your Work Impacts the Organization

The Global Middle Office acts as a servicing centre 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.

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