Equity Syndicate

Job Description:

Business Division

Fidelity Investments has more than $ 2.2 trillion in equity assets under management and, with its roots dating back to the 1940s, has long been a leader in managing equity portfolios. Fidelity relies on its proprietary research, disciplined portfolio management and sophisticated trading process to deliver superior long-term results for its shareholders and clients. Over the years, its capabilities have grown substantially, with investment strategies designed across style, capitalization, sector, and geography. While its platform has expanded, its principles have remained the same: to offer those strategies in which Fidelity can add value and to offer products that help meet client needs.

The Position

Based in Boston, we are seeking a candidate to join the Equity Syndicate team. Team members in this role will work closely with the trading desk to facilitate funds' participation in a variety of deal structures within equity capital markets. The primary focus will be on facilitating "over-the-wall" transactions, reverse inquiries, and managing testing-the-waters feedback communications pre-IPO.

Responsibilities

• Receive inbound wall cross requests that require the handling and dissemination of material non-public information (MNPI) via legal and compliance framework.
• Following strict guidelines, solicit portfolio manager interest in participation in a variety of different wall-cross transaction types.
• Negotiate on behalf of the Fidelity Funds' interest in both non-public and public capital markets transactions, including IPOs, Follow-Ons, PIPE deals, and other strategic liquidity situations.
• Proactively engage with Fidelity's investment professionals to craft creative liquidity solutions while leveraging ECM, Syndicate, and Trading relationships.
• Develop a deep understanding of various regulatory regimes and internal Fidelity policies.
• Manage external broker-dealer relationships to ensure optimal outcomes in ECM/Syndicate transactions.

Experience and Qualifications

• Bachelor's degree or higher.
• 3+ years of Equity Capital Markets (ECM) experience will be considered an asset.
• Familiarity with different investment styles, trading terminology, and objectives across portfolios to manage participation on public equity offerings.
• Possess strong written and verbal communication skills with an ability to engage investment professionals concisely and effectively.
• Sound attention to detail, ability to multi-task and prioritize.
• Ability to work individually and in a collaborative team setting across multiple time-zones.
• Mentally agile with strong decision-making skills.

Values

The following values are considered to be fundamental to the way in which our company operates:

• Accountability
• Integrity
• Teamwork
• Respect

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.

Join Us

At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.

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 all business days of every other week in a Fidelity office.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to [email protected].