Senior Fund Tax Operations/Oversight Analyst

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

Current work authorization for Canada is required for all openings.

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 Senior Fund Tax Operations/Oversight Analyst is a member of the Fund Treasurer’s Office and reports to the Senior Fund Tax Manager. This role is primarily responsible for overseeing the efficiency and tax operations of the funds including applicable third party service providers including the preparation of distribution calculations, taxable positions, and tax return filings. In addition, this role will provide support of special projects and key strategic initiatives of the organization.

The role of the Fund Treasurer’s Office is to: (1) provide fiduciary oversight to ensure the best interests of clients holding FIC products are upheld, and (2) provide regular disclosure to unitholders, regulators and internal governance committees based on regulatory requirements and internal guidelines.

How You’ll Make an Impact

Service Provider Oversight

• Assist with tax operation oversight of third party service providers to the Funds including review of monthly, quarterly, annual distribution calculations and tax returns. Ensure services are provided in a manner to discharge FIC's fiduciary duty to unitholders of the Funds, including engaging with appropriate staff at the third party service provider to quickly resolve issues.
• Prepare documentation required for foreign reclaims and ad-hoc requests related to this nature.
• Assist with oversight of foreign tax agents and review of foreign tax returns in applicable markets.
• Assist with tax analysis on fund events including large rebalancing, client redemptions, etc.
• Assist with review of the mutual fund corporation’s taxable position and relevant dividend rate calculations.
• Participate in tax operation automation related projects, initiatives and other non-routine projects as they arise.
• Prepare and present related scorecard materials, providing sufficient explanation and remediation plans for outliers.
• Participate in bi-weekly/monthly/quarterly reviews with third party service provider teams to review performance against agreed upon expectations (per service level agreement).
• Participate in annual due diligence with third party service providers and prepare the associated planning materials, agenda and final due diligence report for review by the appropriate FIC internal committees and Boards.

Board and Committee Reporting

• Assisting in the preparation of relevant project deliverables requested by internal FCSC committees as they arise.
• Assisting in the preparation of presentation materials for external committees and boards and for senior management.

Provide Coverage for Continuous Disclosure Reporting and other Fund Operations Oversight

• When requested, assisting the broader Fund Treasurer’s Office in:
• The review of regulatory filings such as financial statements, management report of fund performance, quarterly portfolio listing, prospectus disclosures and fund facts. Ensuring deadlines have been met and all continuous disclosure documents comply with IFRS, NI 81-106 and NI 81-102.
• The completion of any day-to-day oversight functions, ensuring they have been performed accurately and efficiently.

What You’ll Need

• Strong knowledge of Canadian and global investment industry.
• Intellectual curiosity and a desire to learn about new processes.
• Good fund accounting and mutual fund operations background.
• Exposure to fund tax operations is an advantage.
• Good analytical skills and problem solving.
• Strong communication skills and self-motivation to act proactively.
• Ability to build key partnerships with various internal and external parties.
• Ability to multi-task and prioritize numerous projects at one time.

What We’re Looking For

• 3+ years of Fund Accounting or Fund Tax and related operations knowledge.
• University degree in Finance, Accounting, Business or equivalent work experience.
• Critical third party vendor oversight experience.
• Designation/certifications such as CPA, CGA, CMA, MBA, CFA, Securities Course is an advantage.

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.