The Expertise We're Looking For
The Purpose of Your Role
This position will be responsible for the day to day activities ensuring all trade confirmation and settlement processes, reporting, and inquiry responses are completed timely and accurately for the Fidelity Trading Desk FX and equity activities. This person will possess a full understanding of Fidelity's organizational structure, information flow and internal systems, as well as good industry knowledge pertaining to trading and settlement of equity, fixed income and foreign currency (non USD) exchanges. They should be able to identify, analyse, and resolve complex issues or potential operational risk that may arise and effectively communicate with any party that may be involved.
The Skills You Bring
The Value You Deliver
How Your Work Impacts the Organization
The Global Middle Office (GMO) acts as a servicing centre for FMR Co. and FIAM 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.
Trade Operations provides trade support to Fidelity's domestic and international equity, fixed income, high yield and foreign exchange trading desks located in Hong Kong, London and Boston.. Trade analysts work closely with the traders, broker-dealer community and the custodian bank network to facilitate trade matching and settlement in over 70 countries worldwide. In addition to the various external counterparts that the trade analysts deals with, there are also several internal groups that assist in the group's daily responsibilities, including Compliance, Treasurer's Office, Counterparty Risk, Legal, Fund Accounting and other Custody groups.