Private Wealth Portfolio Services Group Analyst

Who We Are

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and professionally.

What We Do

The Private Wealth Portfolio Services group is responsible for running the day-to-day discretionary investment management operations of Fidelity Private Wealth and Fidelity Wealth. A core objective of this role is to support the investment team by increasing the control, efficiency, and consistency of private wealth investment operations. This includes two core functions:

1. Discretionary trading for Fidelity clients. This includes trade modelling, pre/post trade compliance, providing trade instructions to trade desk and daily reconciliation.
2. Account and portfolio oversight.

Success in this role requires collaboration on new and innovative solutions to streamline private wealth portfolio management operations using leading edge, technology-based, data-driven solutions.

The successful candidate requires exceptional business acumen paired with strong analytical/communication skills to help facilitate the development and adoption of effective solutions for the wealth management business.

How You’ll Make an Impact

• Deliver effective oversight and control of market-related portfolio activities. This includes working dynamically with our relationship managers, and partners across the firm on trading, settlements, new accounts, reconciliations, security master, and related activities.
• Ability to act on behalf of the investment team to address their needs and issues relating to compliance and investment operations matters.
• Review, clear and/or escalate pre-trade compliance issues with portfolio managers, relationship managers, and compliance counterparts on behalf of the investment team.
• Work independently to understand and resolve issues and projects as they arise; coordinate with other Fidelity Canada business partners and act as representative for private wealth as necessary.
• Coordinate with internal/external investment management business partners (i.e. Trading, operations, capital markets, relationship managers, dealer compliance) on matters as necessary, including assisting with resolution of issues.

What We’re Looking For

• Completion of a University degree or equivalent work experience.
• 5+ years of relevant experience.
• Exposure to Portfolio management, trading, compliance and/or investment operations for an asset manager or related entity.
• Analytical/programming experience.
• Previous experience in a similar investment operation and or portfolio services role.
• CFA Level 1 or CIM is a must have.
• Other designation such as CFA/MBA/related masters degree or programming designation is an asset.

What you will Bring

• Excellent analytical and technical skills, including an advanced level understanding of Microsoft Excel and Access. Knowledge of VBA, SQL, and Python is an asset.
• Excellent communication skills with an ability to articulate medium to complex issues to a variety of audiences, including portfolio managers, traders and other PSG team members.
• Quick learner and solutions-oriented problem solver.
• Solid understanding of product structures and investments covering multiple asset classes (equity, fixed income, alternative funds).
• Experience with middle and back-office operations, including corporate actions is an asset.

This is a hybrid role with a mix of remote and in-office working.

Current work authorization for Canada is required for all openings.

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at FidelityCanadaStaffing@fidelity.ca.

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

• Canada's Top 100 Employers
• Greater Toronto's Top Employers
• Canada's Top Family-Friendly Employers
• Canada's Top Employers for Young People

• Great Place To Work Certified
• Best Workplaces for Inclusion
• Best Workplaces for Mental Wellness
• Best Workplaces for Today's Youth
• Best Workplaces for Women
• Best Workplaces in Financial Services & Insurance
• Best Workplaces in Ontario
• Best Workplaces with Most Trusted Executive Teams

• LinkedIn Top Companies in Canada

• Human Resource Director (HRD) - Best Place To Work
• HRD - 5-Star Benefit Program
• HRD - 5-Star Diversity & Inclusion Employer

Designations
• Canadian Compassionate Companies – Certified
• Benefits Canada's Workplace Benefits Award - Future of Work Strategy
• TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting
• Canadian HR Reporter's Most Innovative HR Team