Equity Syndicate Specialist
4 weeks ago
Job Description:
Fidelity Investments is a leader in managing equity portfolios, with over $2.2 trillion in equity assets under management. Our proprietary research, disciplined portfolio management, and sophisticated trading process enable us to deliver superior long-term results for our shareholders and clients.
The Position:
We are seeking a candidate to join the Equity Syndicate team, based in Boston. Team members in this role will work closely with the trading desk to facilitate funds participation in various 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.
- Solicit portfolio manager interest in participation in various wall-cross transaction types, following strict guidelines.
- 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, 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 fundamental to the way in which our company operates:
- Accountability
- Integrity
- Teamwork
- Respect
Certifications:
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, assist companies and non-profit organizations in delivering benefits to their employees, and provide institutions and independent advisors with investment and technology solutions to help invest their clients' money.
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