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International Grants Manager - India

Fidelity International Foundations

Location: FIL office, Gurgaon

Reports To: Lead Grants Manager, Asia

                                                                                               

About Fidelity International

 

Fidelity International offers world class investment solutions and retirement expertise. We are a privately owned, independent company, with the commitment and resources to provide the investment expertise, technology and service innovation needed to help our clients achieve their financial goals.

 

We invest USD $416 billion globally on behalf of clients in Asia-Pacific, Europe, the Middle East and South America. Our clients range from pension funds, central banks, sovereign wealth funds, large corporates, financial institutions, insurers and wealth managers, to private individuals.

Eight Roads is the proprietary investment arm of FIL Limited (‘FIL’). Building on our investment heritage, we invest directly into real estate, venture and growth businesses. As a private investment firm with permanent capital, we can invest with a long time horizon. This supports our focus on innovative and ambitious businesses looking to disrupt or lead their chosen markets.

 

Established in 1969 as the international arm of Fidelity Investments, founded in Boston in 1946, FIL became independent of the US organisation in 1980, and is today owned mainly by management and members of the original founding family.

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.

 

Find out more about what we do, our history, and how you could be a part of our future at http://www.fidelityrecruitment.com/india/about-us

 

Our Values

 

All of our people must be able to demonstrate affinity with the Fidelity core values:

 

Innovation – Being willing to experiment and try new and better ways to serve our clients.

Integrity – Taking personal responsibility for always acting in the best interests of our clients.

Excellence – Striving to be the best while knowing we can always be better next time.

 

Our Behaviours

 

All of our people must be able to operate in accordance with our behaviours:

 

Commitment – We are committed to our clients and proud to work for Fidelity. We push through obstacles to make things happen; we make decisions quickly and thoughtfully. We are individually committed to building a culture of excellence.

Collaboration – We collaborate with colleagues, seek alternative views, invite different ideas and always challenge traditional thinking. This approach allows us to create a whole that is much greater than the sum of its parts.

Client Focus – We are expected to, and measured on, our ability to put our client first. We go the extra mile to understand their needs and strive to exceed their expectations. We listen carefully, we communicate clearly, and we’re quick to respond. We’re respectful of the trust placed in us to manage their money.

 

 

Department Description

 

The Fidelity UK Foundation was established by FIL in 1988 to act as the conduit for Fidelity's philanthropic activities in the UK.  A sister foundation, the Fidelity International Foundation was established by FIL in Bermuda in 1992. Together these form ‘the Foundations’.

 

The Foundations followed the precedent of FMR Corp, the US Fidelity entity, which established its first charitable foundation nearly 40 years ago.  The philosophy of the Johnson family, which has been adopted by Fidelity International, is that philanthropic activities should be carried out away from the glare of publicity, and that the Foundations should work with charities almost as "venture capitalists" funding projects where our funding can make a meaningful difference to the charity concerned, and where the project will make the charity more effective.   

 

The Foundations have built up endowments of approximately US$760m, helped by large donations towards the endowment from FIL over recent years - and it is FIL’s general intention that it will continue to make donations over the next several years (subject of course to FIL's overall level of profitability).

 

Over US$25m of grants were approved in 2017/18 and the guideline grant-making budget for 2018/19 is expected to be at a similar level. The Foundations currently direct the majority of grants to registered charities or non-profits operating in countries where FIL has a business presence, operating primarily in the fields of:

  • arts, culture and heritage - including nationally significant heritage sites, internationally recognised museums and class-leading organisations in the visual and performing arts;
  • community development - funding non-profits which strengthen the communities in which Fidelity International employees live and work, particularly early interventions and charities which help young and/or disadvantaged people achieve their potential;
  • education - particularly initiatives which improve education outcomes for the disadvantaged, from early years through to transition to work;
  • health - including disability, palliative care and centres of excellence involved in ground-breaking research and treatments to address chronic illness (with a particular focus on investment in technology and specialist equipment).

      The Foundations take an investment approach to philanthropy, seeking to add lasting, measurable value to the recipient charities with a view to the recipient charities reaching new levels of achievement and long-term self-sufficiency. Embracing Fidelity’s commitment to excellence and continuous improvement, the Foundations target projects which represent creative and innovative means of building capacity in an organisation and typically support initiatives such as capital improvements, equipment, technology developments, and aspects of organisational planning and development

 

Purpose of your role

 

You will be responsible for managing the Fidelity International Foundation’s grants programme in India, with a particular focus on the states closest to our offices in Gurgaon and Mumbai. Your responsibilities will include research and analysis of charitable sectors and non-profit organisations in India, management of a portfolio of prospective and active grant requests and making written and verbal funding recommendations to the Head of Foundations and Trustees. The aim will be to develop a pipeline of opportunities that will lead to grant recommendations supporting India non-profits and increase over time the grant-making capacity of the Fidelity International Foundation. You will also be responsible for managing the relationships with grant recipients and, together with the Grants Monitoring & Evaluation Manager, for monitoring and reporting on the impact of grants.

 

Key Responsibilities

 

  • Develop and execute a philanthropic giving strategy for India which reflects the priorities and criteria of the Fidelity International Foundation.
  • Research and analyse charitable sectors and non-profit organisations in India.
  • Identify and engage with high impact non-profits within the Foundation’s priority sectors.
  • Develop a pipeline of potential grantees for the Foundation.
  • Review requests and proposals for funding from non-profits and help develop and refine these.
  • Conduct due diligence (site visits, review of organisations strategic plans, managerial capability, financial and fundraising capability etc.) and make funding recommendations to the Board of Trustees
  • Record all key information on the Foundation’s grants administration system, ensuring data is accurate and up-to-date
  • Monitor and report on status of funding, use of funds, effectiveness of grant against original stated objectives and other matters required by the Foundation

 

Experience and Qualifications Required

 

  • Strong research and analytical skills, including the ability to assess management capability and analyse financial data
  • Strong oral and written communication skills for preparing compelling and succinct proposals.
    • Fluency in written and spoken English is essential.
    • Fluency in Hindi is a significant advantage
  • Good organisational and interpersonal skills, with excellent relationship management skills
  • Ability to work independently whilst meeting key deadlines, understanding when to take the initiative and when to ask for guidance
  • Flexibility and willingness to travel both domestically and internationally
  • Ability to work successfully under pressure
  • Honesty and integrity, respects confidentiality
  • Previous experience in the financial or not-for-profit sector would be an advantage but is not essential.

Apply here: https://www.linkedin.com/jobs/view/international-grants-manager-senior-manager-india-at-fidelity-international-1047098266/

 

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