Analyst – Data Management recruitment
Fidelity and its subsidiaries employ over 5,400 people in 23 countries managing US$255.9 billion worldwide.
Fidelity’s investment style relies on fundamental research of companies and a strict bottom-up portfolio construction discipline. This means Fidelity’s analysts and portfolio managers look closely at a company’s balance sheet and future plans; meet regularly with and question its management; and then speak to its competitors, suppliers, customers and anyone else who might give them information that helps to assess whether the investment is a good one. Every investment in every portfolio is selected on its merit and ability to contribute to a better return.
The same can be said of its employees, who are encouraged to take intelligent risk in order to make small improvements that cumulatively improve the business. Fidelity is independent, not a subsidiary of a big bank or other institution, and is privately owned. This means that it can take long-term investment decisions rather than chase the next quarterly results as a listed company might. Fidelity believes its independence is a considerable advantage that benefits its customers.
As well as investment management, Fidelity distributes the funds of other managers through its FundsNetworkTM platform, administers pension schemes, and has interests in various other enterprises in Europe and Asia. For further information please visit www.fidelityrecruitment.com
Why would you choose to join Investment Administration?
“The operational backbone of Fidelity International” – Servicing the needs of our customers, such as Trading and Portfolio Management, and maintaining close relationships with external Auditors and Custodians on a daily basis. Always acting in the best interest of our investors, and, in so doing, create wealth for our investors and opportunities and rewards for our employees
“The Team” – Around 200 people strong spread across various teams in the UK, Luxembourg and Hong Kong. This combination means there is an exciting array of skills and nationalities across all levels, making everyday work interesting and rewarding.
“The Challenges” – Responsible for processing corporate actions, pricing securities, settling trades, publishing holdings and maintaining static data for all Fidelity International funds; alongside fund accounting and reconciliation of all pooled funds in the UK and Luxembourg. We process 180 corporate actions a month, as well as pricing 10,500 securities and settling 3,500 trades a day. In addition, the department calculates the Net Asset Values for funds worth in excess of $200 billion every day; all of this creates a fast paced and ever changing environment.
“The Spirit” – A busy, friendly and supportive working environment is the foundation of all success and growth. This is exactly what you will find within IA. Sound values are woven into the very fabric of our organisation, hence the long term customer trust, success and stability of the company.
“The Opportunities” – We can offer plenty of opportunity and career growth within each of our departments. For example we introduced a concept called “iAcademy”, unique to FIL, where you work with colleagues across all departments within IA in cross-functional training and knowledge transfer.
Purpose of your role
Working within the Data Management team, the analyst role will be expected to assist with the daily maintenance and set-up of data necessary to support Fidelity’s wide range of onshore and offshore funds.
The Administrator will be expected to assist with the following duties:
- Daily checking and updating static data on Enterprise, reviewing and investigating data
- Assist with the daily creation maintenance of securities or funds data using Bloomberg, Reuters or other reference sources.
- Reacting to internal requests and investigating, reviewing and data research using various sources
- Ensure that the department meets daily internal/external deadlines
- Adherence to departmental procedures
- Maintain systems and collate information that provides MIS information internally.
- Ensure external price distribution recipients receive correct fund price information and investigate queries
- Dealing with global custodian banks and their sub agents to obtain settlement information required to update the Alert system.
- Building new funds and securities within Enterprise and dependent systems
- Assist in testing/ implementation of projects which will impact the department as when needed
Your key accountabilities
Team Working
- Recognises own needs and asks for support from appropriate sources
- Proactively support colleagues
- Shares own knowledge and learning with colleagues
- Builds and maintains positive working relationships with colleagues
- Conducts relationships with others in a way that is consistent with FIL IA values
- Demonstrates a cultural awareness by adapting style that is sensitive to the local environment
- Supports and commits to decisions reached within the team
- Adapts approach and style to match different and changing circumstances to work effectively with people
Accuracy
- Ensures that all work submitted is accurate
- Communicates information fully and accurately
- Clarifies with manager if unsure what is expected of them, to ensure the task is delivered correctly
- Follows agreed and established procedures
Planning and Organising
- Looks ahead to what is required the next day and prepares thoroughly in advance
- Diarises reminders to ensure deadlines are met
- Manages time to ensure work is completed each day
Delivers Results
- Aims to complete all critical tasks within the deadline each day
- Has a “can do” approach and is prepared to work extra hours as required to meet deadlines
- Works steadily and efficiently throughout the day, maintaining good levels of concentration, even when unsupervised
- Takes the necessary time to produce quality work rather than rushing to finish work on time
- Takes responsibility for own mistakes highlighting them immediately so they can be resolved
- Learns from experience and takes responsibility for correcting own errors
- Highlights areas where working practices can be improved and looks for solutions
Your skills and experience
- Proven ability to communicate and work with all levels of personnel
- Understanding of the features and characteristics of equity, fixed income and derivative instruments
- Ability to work under pressure to tight deadlines in a time critical environment
- Ability to prioritise workloads
- Problem solver with keen analytical skills
- Good interpersonal skills
- Organised with good attention to detail
- Accurate with good concentration skills
- Dynamic “can do” attitude with a strong desire to make things happen
- Flexible and positive attitude
- Pro-active approach with ability to follow through and resolve issues
- Educated to minimum of ‘A’ level standard, degree level preferred
- Computer literate, with an expertise in Microsoft Excel and working experience of Word and Outlook
- Experience of Unit Trusts, OEICs and Off Shore funds advantageous
Key Competencies for the role
- Communicate with impact: Effectiveness Clarity
- Delivers results: Takes ownership for delivery, Accuracy
- Planning and Organisation: Prioritisation time management
- Problem Analysis
- Team Working
FIL Values
Candidates must be able to demonstrate affinity with the Fidelity core values:
Earn the client’s trust, Act with integrity, Make it happen, Think like an entrepreneur