Job Description- Current work authorization for Canada is required for all openings
- This is a regular, full-time role
- You will be working on a flexible hybrid schedule as part of Fidelity's dynamic working arrangement
The work location for this role is 483 Bay Street in Toronto until approximately late 2026 when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.The OpportunityFidelity is committed to meeting the wealth needs of Canadians by bringing the full strength of our organization to Managed Accounts. This means combining our world-class research and investment management expertise to help clients achieve their wealth goals. As a privately held company, we are able to take a long-term, big-picture view of the world and its markets. This allows us to provide unique insights to clients, meaningful thought leadership to the marketplace, and distinctive opportunities for our employees.
The Managed Accounts - Portfolio Services Group Analyst is responsible for running the day-to day portfolio management operations of discretionary Managed Accounts. A core objective of this role is to support the investment team by increasing the control, efficiency, and consistency of investment operations. This includes two core functions:
1) Assist with the execution and oversight of portfolio trading operations, including trade modelling, reconciliation, and issue resolution to ensure accurate portfolio records.
2) Strengthen portfolio oversight and data integrity by proactively monitoring activity, identifying discrepancies, and coordinating with stakeholders
Success in this role requires collaboration on new and innovative solutions to streamline Managed Accounts 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.
What You'll Do- Deliver effective oversight and control of market-related portfolio activities, including hands on responsibility for daily reconciliation processes and ensuring the accuracy and integrity of the investment book of record.
- Proactively monitor portfolio activity, flag trade requirements for execution, and investigate discrepancies or unusual results, working closely with relationship managers, advisors, and internal partners to support trading, settlements, account setup, security master maintenance, and related operational activities.
- Assist with trade modeling activities to support portfolio trading, rebalancing, client onboarding, and mandate changes across managed account platforms.
- Work independently to understand and resolve issues and projects as they arise; coordinate with other Fidelity Canada business partners and act as representative for Managed Accounts as necessary
- Coordinate with internal/external investment management business partners (i.e. Trading, operations, capital markets, relationship managers/advisors, IS, dealer compliance) on matters as necessary, including assisting with resolution of issues.
What You Will Bring- Excellent analytical and technical skills, including an advanced level understanding of Microsoft Excel is required. Experience with Access, VBA, SQL, and Python is considered an asset.
- Excellent written and verbal communication skills, with the ability to clearly articulate investment, operational, and technical concepts to both technical and non-technical audiences.
- 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.
What We're Looking For- 3+ years of work experience required, with exposure to portfolio management, trading, or investment operations for an asset manager or related entity required
- University degree required or equivalent work experience
- CFA Level 1 or CIM required
- Analytical and programming experience is an asset
- CFA/MBA/Programming designation is an asset
Total Rewards That Reflect Your Impact We believe exceptional work deserves exceptional recognition. That's why we offer a competitive compensation package designed to support your success today-and your financial well-being tomorrow.
For this role, your total rewards include
- Base Salary and Discretionary Performance Bonus: Total annual cash compensation of $94,000 to $117,000, based on your experience and qualifications.
- RRSP Contribution After 6 months of employment, we invest in your future with an RRSP contribution-no employee matching required.
We're proud to offer a compensation package that aligns with provincial pay transparency requirements.
This posting represents an existing vacancy within our organization-an opportunity to step into a role where your talents will make a meaningful difference.
We use AI-enabled LinkedIn Hiring Assistant to support parts of our sourcing process. Every hiring decision is reviewed and finalized by our recruiters. If you choose to ask questions to the LinkedIn HR Hiring Assistant, please be mindful that the responses are not official and must be confirmed for accuracy and completeness by Fidelity. If you are selected for an interview, the recruiter who contacts you can best answer your questions.
