What are the responsibilities and job description for the Manager, Corporate Actions Production Support position at Fidelity Investments?
Job Description
The Role
We are looking for a Manager, Corporate Actions Production Support, who will be responsible for daily tasks associated with the departmental policies within the Corporate Actions function. The Manager will lead and oversee daily Corporate Actions operations (both mandatory and voluntary events) while coordinating across multiple stakeholders (front office, PMs, fund accounting, custodians, etc.). The successful candidate will co-ordinate the flow of required information between various stakeholders, including the Front Office, Portfolio Managers, Fund Accounting, Treasurer’s Offices and Custodian Banks.
Bachelor’s Degree required. 6 years in financial services 4 years in Corporate Actions 2–3 years of leadership/management experience In-depth knowledge of Corporate Actions concepts and practices:
The Custody Services Division supports FMR Co.’s trading desks globally by facilitating confirmation and settlement of security and currency transactions. It works with brokers and trust institutions and provides daily cash estimates to trading. This team is responsible for all aspects of corporate action research and processing for assets across the approximately $1.5 trillion worth of assets under management, including actions cumulatively affecting securities worth in excess of $1 billion at a given time.
Certifications
Category:
Investment Operations
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
The Role
We are looking for a Manager, Corporate Actions Production Support, who will be responsible for daily tasks associated with the departmental policies within the Corporate Actions function. The Manager will lead and oversee daily Corporate Actions operations (both mandatory and voluntary events) while coordinating across multiple stakeholders (front office, PMs, fund accounting, custodians, etc.). The successful candidate will co-ordinate the flow of required information between various stakeholders, including the Front Office, Portfolio Managers, Fund Accounting, Treasurer’s Offices and Custodian Banks.
- Managing daily Corporate Actions workflows and processing
- Overseeing team operations and ensuring accuracy/timeliness
- Acting as a central point of coordination among business divisions
- Supporting large-scale asset actions (up to $1.5T AUM)
- Driving improvements in execution and operational efficiency
- Ensuring proper communication and data flow across systems and teams
- Corporate Actions lifecycle (mandatory & voluntary)
- Mutual fund operations
- Custody environment
- Fund accounting
- Understanding of project management principles and the Agile methodology.
- Note: Fidelity will not provide immigration sponsorship for this position.
The Custody Services Division supports FMR Co.’s trading desks globally by facilitating confirmation and settlement of security and currency transactions. It works with brokers and trust institutions and provides daily cash estimates to trading. This team is responsible for all aspects of corporate action research and processing for assets across the approximately $1.5 trillion worth of assets under management, including actions cumulatively affecting securities worth in excess of $1 billion at a given time.
Certifications
Category:
Investment Operations
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.