Job Description:
The Role
As a member of the Vendor Administration Team, you play a key role in efficiently maintaining and leading all aspects of market data expenses and provide oversight for market data and research vendors. This role and team provide high-level administration of market data inventory, reconcile, and process vendor invoices; investigate and resolve discrepancies, daily processing of user and service requests, and ad hoc reporting requests. While the area of focus is on inventory management you will also build positive relationships with internal business partners across Fidelity, work with your peers, corporate accounts payable, finance, and participate in internal and external audit reviews, and various cross team initiatives.
The Expertise and Skills You Bring
- BA/BS; 3 - 5 years market data industry experience and/or financial services experience is a plus
- Understand the concept of accrual methodologies and accounting principles
- Experience balancing general ledgers and cost center expenses
- Prepare and communicate purchase orders funding requests and vendor set-up forms
- Exceptional accuracy and attention to detail; with the ability to understand and meet quality control standards, detect errors, and take corrective action
- Strong written and verbal communication, with the ability to communicate with confidence, share ideas, strong organizational skills and able to prioritize tasks
- Innovative and creative approach to understanding and implementing complex concepts and data
- Ability to effectively respond to dynamically changing work environments
- Database Management experience using Workday, inventory databases or data tracking systems where expenses, users or services are stored (ex. invoice payment/expense tracking systems)
- Advance excel experience with exporting data, use of pivot tables and sophisticated formulas (v-lookups, h-lookups, pivots, embedding functions). Tactical use of excel for data reconciliations.
- Critical thinking skills with the ability to problem solve, work independently to manage vendors, and use data to analyze and draw meaningful conclusions (analytical skills)
The Team
Research & Market Data Administration provides high-quality, oversight of enterprise market data across Fidelity. The team's primary goal is to ensure the market data inventory Management database (FITS) is accurate, that invoices, and service access requests are processed in good order, and that financial data is accurately maintained and distributed to all business partners.
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.
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. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.
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 accommodations@fmr.com.
