Job Description:
Associate Analyst, Brokerage Operations
The Role
As a member of the Mutual Fund ACAT Settlements team, you will use your skills to resolve ACAT fails timely through contact with contra firms and by coordinating the accurate transfer of assets. This role requires an observant and inquisitive nature to identify patterns and problems in the work and an initiative to search for solutions to these issues. The role provides opportunities in contributing to systems development, process improvements and working across Fidelity.
The Expertise and Skills You Bring
College degree preferred
Relevant experience in back-office operations of mutual funds preferred
One or more years of industry related experience in either a brokerage firm, clearing firm or mutual fund company
Excellent interpersonal and communication skills (written and oral) to engage with contra firms, mutual fund families and internal business partners
Strong organizational and time-management skills
Analytical skills and the initiative to tackle complex problems
Ability to work both independently and within a dynamic team
The Team
The ACAT Settlements team is a part of the Operations and Service Group that supports Asset Services. The team handles the cleanup and closure of ACAT fails for banks, broker dealers and alternate agents, CDSC remittance, Share Lot Aging, and trade rejects. The team works with members across the Mutual Fund and Transfer of Assets groups.
Certifications:
Category:
Brokerage OperationsMost roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.
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.