ASSOCIATE (FTC) - RECONCILIATIONS - GPS DELIVERY

Title:                Associate (FTC) – Reconciliations - GPS Delivery

Department:   Global Platform Solutions Delivery                

Location:         Bengaluru

Reports To:     Manager

Level:              Grade 1

About Fidelity International

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 Reconcilations team and feel like you’re part of something bigger.

About your team

The WI Reconciliation team forms part of the wider Reconciliations, Product Management and Payments Capability. The department performs a wide variety of functions, supporting both Retail & Workplace Investing business channels and is responsible for; Completion of the daily reconciliation of onshore and offshore bank accounts and undertaking the administration of any task involved in completing this process. Ensuring that the appropriate operational procedures are followed for the handling of all monies in accordance with the various regulatory requirements.

Completion of all tasks within the timescales agreed with our client, outside financial institutions and other internal departments. Ensuring that members pension scheme contributions are identified, recorded and reconciled correctly, placing emphasis on ensuring all regulatory requirements are met.

As with all teams within Reconciliations, Product Management and Payments there is a heavy focus on all our processes to ensure that Client Money is always considered and that any FCA CASS regulations are not breached, to aid us in this we use our Client Money record keeping system, AutoRek, as part of many of our processes.

WI Reconciliations work closely with, Treasury, Finance, Operations and with Recs & Oversight in both UK and overseas offices.

About your role
 

Key Responsibilities

• Daily reconciliation of bank accounts for three different entities FPM, FILI (UK) & FILI Ireland

  
  

• Liaising with internal and external fund dealing teams regarding the placement and settlement of deals

  
  

• Instruct the processing of appropriate monies received

  
  

• Calculating and monitoring money market treasury / Institutional Cash Fund deposits and redemptions.

  
  

• Monitoring, labelling and resolution of outstanding entries within our client money record keeping system (AutoRek)

  
  

• Ownership of any issues identified and taking initiative to resolve in a timely manner with no or minimal impact to the client

  
  

• Ensure that Client Money rules are understood & applied to all applicable aspects of the role

  
  

• Where issues arise relating to Client Money, prompt escalation to CASS team, senior management, Compliance and potentially Risk

  
  

• Ability to respond effectively to change, and suggest solutions

  
  

Experience and Qualifications Required

• B.Com or an equivalent bachelor’s degree from a recognised university. Multi-departmental exposure will be an added advantage.

  
  

• Excellent PC skills notably Microsoft Office e.g. Excel, Word, PowerPoint

  
  

• Good numerical skills

  
  

• Efficient in processing with accuracy and attention to detail

  
  

• Team player with a flexible approach

  
  

• Strong willingness to learn

  
  

• Challenge established processes and seek improvements

  
  

• Ability to communicate clearly, concisely and with confidence at all levels and formats

  
  

• Analytical approach to problems and follows through logically to a conclusion / resolution

  
  

• Highly motivated and focused towards achieving key aims /goals

  
  

• Demonstrates a positive attitude and initiative

  
  

• Ability to treat customers (internally and externally) with equality and fairness

  
  

• Build and maintain positive relationships with other departments

  
  

• Effective problem solver and solution orientated

  
  

• Challenge established processes and seek improvements

  
  

• Ability to communicate clearly, concisely and with confidence at all levels and formats

  
  

• Analytical approach to problems and follows through logically to a conclusion / resolution

  
  

• Highly motivated and focused towards achieving key aims /goals

  
  

• Demonstrates a positive attitude and initiative

  
  

• Ability to treat customers (internally and externally) with equality and fairness

  
  

• Build and maintain positive relationships with other departments

  
  

• Effective problem solver and solution orientated

  
  

Feel rewarded

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.