About the Opportunity

Job Type: Fixed Term Contractor

Contract duration : 11 months.

Application Deadline: 29 January 2025

Job Description

                                                                                                

Title                 Senior Analyst – FSO Corporate Actions and Income - 12 month FTC / Secondment

Department      Corporate Actions & Income, FSO -Corporate Actions and Income                                                  

Location          Dublin, Ireland

Reports To      Manager – Corporate Actions and Income., FSO

Level                3

                                                                                               

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our FSO Corporate Actions and Income team and feel like your part of something bigger.

About your team

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.

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 daily valuation points 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 and liaising with back and front office teams. Processing will also include CFD’s and pre-processing certain events where applicable.

About your role

The Corporate Actions Senior Analyst role is a combined Corporate Actions BAU, and project role and the successful candidate should be open to take on tasks covering all areas of the Corporate Actions Team, including:

• Ensuring that all corporate actions are captured and scrubbed to multiple sources and accurately released into the Corporate Action system.
• Identification, escalation, and resolution of corporate action issues with particular emphasis on time critical and complex issues and managing custodian deadlines.
• Preparation of voluntary corporate action notifications for distribution to the fund managers and trading desks
• Timely instructing of Custodians on Optional events via MT565 messaging through Smartstream TLM Corporate Action system and other ad-hoc means when required, to ensure deadlines are met.
• Ensure all corporate actions are loaded to the accounting system on a timely and accurate basis to meet individual fund sign off times and that positions are placed into escrow as required and removed when available at the custodian.
• Accruing Cash Dividends in the Accounting system

• Providing feedback on custodian and vendor performance to the management team

• Support Project management team with ad hoc tasks and assist with implementation of current projects and testing when required.
• Liaison with other Operational areas such as Settlements/ Derivatives TMS, Pricing, Security Reference and Fair Value and  Investment Management with the local Portfolio Service Groups along with Risk and other stakeholders
• Support line manager in training and mentoring of junior members of the team.

About you

• Effective communicator and self