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Corporate Actions Assistant Manager

Posted: 21 Jun 2022 Closes: 21 Jul 2022
Dublin Competitive
Permanent & Full-time FID_J34033

About the opportunity

Department overview

Global Business Services (GBS) is the operational backbone of Fidelity International, crucial to the accurate, timely and efficient administration of our funds. Located in several global locations, including Dublin, weprovide the middle and back office functions for the company ranging from trade settlement, corporate action processing and NAV generation, through to the production of reports and accounts for our funds. In an industry that is becoming ever more complex it's essential that we are able to be creative and adaptable in the services and solutions we offer. With this in mind, our mission is to add value in every aspect of investment administration by delivering excellent service with a combination of innovative flexible solutions, outstanding knowledge resourcesand total commitment to our company goals.

We achieve this by:
  • Providing a challenging and rewarding environment for our people
  • Working with customers on timely, cost effectiveand creative solutions
  • Constantly improving customer service delivery with strategic, scalable solutions in a risk-controlled environment
Within GBS, Corporate Actions are responsible for identifying, tracking, processing and reporting any Corporate Action events and Dividends, which effect any security position held by Fidelity's retail and institutional funds, on equity, fixed income and derivative type products. The global range of Fidelity's products and services expose the team to the full spectrum of corporate action types across most of the world's stock markets.

What you'll do

The team is in daily contact with approximately 30 custodian banks and information vendors researching, analysing and verifying corporate action information. The team is responsible for notifying the Portfolio Managers and Trading Desks globally with details of voluntary corporate actions. The team collect all responses and instruct the custodian banks in line with the Portfolio Managers wishes. There is also a strong emphasis on liaison with the many areas within Investment Services; working collaboratively to resolve mutual issues.

The team is responsible for processing all corporate action and dividend entitlements in the Accounting system on a timely and accurate basis in accordance with accounting practices. The team's daily processes are driven by the three daily valuation points at 10.00, 12.00 & 17.00 (UK time) and all activity must be loaded and checked prior to the valuation point. The team are also responsible for confirming the availability of entitlements and unblocking these from the trading system to enable trading. Processing will also include CFD's and also pre-processing certain mandatory events the day before ex-date within the Investment Services systems to reflect corporate action entitlements in the Start of Day positions delivered to Investment Management.

What you can expect
  • Ensuring that the team completes certain daily operational tasks in accordance with defined procedures
  • Pro-actively review procedures and risk and ensure that issues identified are resolved
  • Checking accuracy of any cash dividend input to the Accounting system ensuring this is completed timely and accurately
  • Checking notifications to Portfolio Managers and Instructions to Custodians
  • Monitoring status of corporate actions events during their life cycle
  • Ensuring adherence to departmental procedures
  • Resolution of queries arising from corporate actions and escalating where necessary
  • Oversee the team's Custody reconciliation breaks, both cash and stock, ensuring timely and accurate resolution
  • Maintaining relationships and communication between corporate actions and stakeholders, both internal and external
  • Assignment of actions and tasks across the corporate actions team
  • Support line manager in training and mentoring of junior members of the team
  • Participation in key departmental projects
  • Working with the Manager in setting individuals goals and providing input to the wider departmental goals
  • Providing formal feedback on Custodian Performance and representing FIL at custodian service level meetings

Who you are

The role will focus on performing some of the checks in the Corporate Actions group including validating entries in the Accounting system, providing support, guidance and direction to the Analysts and Senior Analysts in the team as well as assisting the Manager in people and team development. Therefore a minimum 3-5 years global corporate actions experience at a Supervisory level is required. Experience within an Investment Management environment is desirable.

  • Good time management skills with emphasis on ability to prioritise own work and meet tight deadlines
  • Strong attention to detail and be able to work effectively during pressure periods
  • Good team worker sharing knowledge effectively and showing a flexible work approach
  • Strong and effective communicator at all levels
  • Self-starter with a dynamic "can do" attitude with a strong desire to make things happen
  • Knowledge of Fixed Income / Derivative type instruments
  • Experience of participating in projects and procedural enhancements
  • Understanding of basic accounting principles
  • Ability to "think on your feet" and develop innovative and effective solutions to problems

About you

About Fidelity International

We've been helping our clients plan and save for the futures they want for over 50 years. From more than 25 locations around the world, we provide investment services and retirement expertise to 2.5 million clients - everyone from central banks and financial institutions to wealth managers and private individuals. We think generationally and look to the long term. And today, building on the security of private ownership and our strong sense of purpose, we're growing our business like never before.

What it's like to work here.

In our welcoming, caring culture, you'll feel valued, trusted and free to express yourself. We recognise the value of inclusion and diversity in culture, in thought and in experience. With this in mind, please let us know if you feel you might benefit from any reasonable adjustments to perform to the best of your ability during the recruitment process and beyond.

As well as a clear commitment to inclusion, we offer real flexibility about where, when and how you work. It's an approach we call 'dynamic working', and you'll find it brings the very best out in you.

Getting started

For more about who we are, how we work and the part you could play in both our progress and our future, visit

Or, if you're feeling inspired, start your journey with us right now.


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