Brokerage Reconciliation Representative - Fidelity Investments : Job Details

• Brokerage Reconciliation Representative

  The Role

  The Brokerage Reconciliation Representative position is focused on problem resolution as it relates to Fidelity Brokerage activity and related products. This role ensures that daily reconciliation occurs for balancing, exceptions, and analysis of the general ledger activity and bank activity. Each representative has assigned accounts and reconciliation is completed daily.

  Training will be held on all aspects of money movements, products reconciled, and underlying processing systems related to the general ledgers. The ledger activity that is reconciled ranges from physical check deposits, imaged check deposits, wires, ACH's, funding/investment instruments, currency trades, SWAP instruments, disbursements, and Fidelity specific products. The representative proactively reviews open item processing that might result in potential exposure/loss and communicates timely with business partners to resolve the outstanding monetary and processing issues. Strong research and communication skills are important for representatives to correctly explain issues to internal business partners, banks, correspondent clients, and leadership. Candidates should be able to articulate the issue and resolution steps and process work accurately.

  We look for our Brokersge Represetnatives to identify process improvements both within the department as well as suggestions for our processing areas and business partners.

  We are not able to provide immigration sponsorship for this position.

  The Expertise and Skills You Bring

  • Bachelor's degree in Accounting/Finance.

  • Experience in brokerage/finance/banking preferred

  • Communication and influence skills

  • You have and outstanding work ethic and strong time management skills

  • Fast learning and retention skills with the initiative to proactively become a subject matter expert.

  • You are a conscientious problem solver with excellent organization skills

  • You have experience in Microsoft Excel, Word, and PowerPoint

  • You must work well independently as well as in a team environment

  • You must have effective communication and influence skills, personally and electronically

  • You have the initiative and self-confidence to go the extra mile

  The Team

  FI Operational Accounting Bank reconciliation group is a back-office accounting and finance group which is responsible for supporting various Fidelity company's internal and external reconciliations processes. The group observes: external audit standards, internal compliance controls, compliance to Federal legislations, SEC regulatory requirements, and strict adherence to the Fidelity code of ethics.

Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.