Associate - Banking Payments

Associate – Banking Payments IN

About the Opportunity

Job Type: PermanentApplication Deadline: 25 March 2026

Job Description

                                                                                                

Title                 Associate – Banking Payments IN

Department      Banking, Payments & Distribution

Location          Bangalore

Level                1

Fidelity International offers world class investment solutions and retirement expertise. As a privately owned, independent company, investment is our only business. We are driven by the needs of our clients, not by shareholders. Our vision is to deliver innovative client solutions for a better future.

Our people are passionate, engaged, smart and curious, and we give them the independence and the confidence to make a difference. While we take pride in the excellence of our investment solutions and client service, we know we can always do better. We are honest, respectful and make tough calls, challenging the status quo to achieve better outcomes through innovation. Above all else, we always put our clients first.

About your team

Banking, Payments & Distribution is responsible for the receipt and payment of monies to / from investors / intermediaries and the reconciliation of cash and stock positions for Fidelity’s European based funds and Funds Network fund supermarket business. In addition, BRC includes the processing of fund distributions, tax & interest accrual processing and various other control related activities for Business Operations. 

The successful candidate, as a member of the BRC team will be responsible for supporting the growth of the BRC activities based in the India Service Centre. This role is responsible for ensuring that appropriate client money regulations and controls on customer assets are adhered to and best practice standards are maintained across all activities, particularly in the protection of customer assets and client monies.

About your role

This process involves daily allocation of payments received in the offshore/onshore bank accounts. It involves investigation of payments received, coordinating with other departments / Client Relationship Management teams for timely allocation of payments received, requesting deals, monitoring and recording outstanding items for report purpose. It also involves informing bank reconciliations team about money movements across various bank accounts. The process also entails ensuring adherence to compliance requirements with respect to money movements and customer assets in day to day operations.

About you

• B.Com or an equivalent bachelor’s degree from a recognised university.
• Strong analytical skills with attention to detail.
• To be able to prioritise and organise effectively to ensure deadlines are met.
• Demonstrates a high level of commitment to improving customer service / processes internally. Proactive approach towards problem solving.
• Excellent communication skills- verbal and written.
• Good computer skills with knowledge of MS Word, Excel and Power Point. Knowledge of GFAS, Autorek, Composer would be added advantage
• A flexible approach with an ability to work with other departments in the organisation. Should be approachable, assertive and credible
• Ability to remain highly motivated and focused towards the key deliverables.
• Team player who is also self-motivated and can work independently.
• Energetic & enthusiastic and a supportive and proactive team player.
• Demonstrates good use of initiative, a high level of commitment to improving customer services / processes
• Adaptable to changing business needs – a team player with a flexible approach and the ability to multi-task.

One last point – if it goes without saying, it should not be included. This means things like ‘good communication skills’ and ‘basic computer competency’.

Feel rewarded

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

Experience Level

Mid Level