Director, Asset Management Treasurers Office - Expense Oversight

Join to apply for the

Director, Asset Management Treasurers Office - Expense Oversight

role at

Fidelity Investments Director, Asset Management Treasurers Office - Expense Oversight

1 day ago Be among the first 25 applicants Join to apply for the

Director, Asset Management Treasurers Office - Expense Oversight

role at

Fidelity Investments Get AI-powered advice on this job and more exclusive features. Responsibilities

The Expense Oversight (EO) team within the Asset Management Treasurer’s Office oversees a variety of activities and information pertaining to the expenses of the products advised by Fidelity. These products include Mutual Funds, ETFs, Institutional Pools, BDCs, Limited Partnerships and 529s invested across the full asset class spectrum, including alternatives and crypto. Day-to-day responsibilities for the team include: Interpretation of expense arrangements Delivering instructions to operations teams for processing Reviewing results for accuracy, including accruals, payments, and reporting Providing subject matter expertise to various stakeholders

Job Description

The Role

Responsibilities

The Expense Oversight (EO) team within the Asset Management Treasurer’s Office oversees a variety of activities and information pertaining to the expenses of the products advised by Fidelity. These products include Mutual Funds, ETFs, Institutional Pools, BDCs, Limited Partnerships and 529s invested across the full asset class spectrum, including alternatives and crypto. Day-to-day responsibilities for the team include:

Interpretation of expense arrangements Delivering instructions to operations teams for processing Reviewing results for accuracy, including accruals, payments, and reporting Providing subject matter expertise to various stakeholders

Longer Term Areas Of Focus Include

Ensuring proper execution of controls Analysis of risks and controls to ensure proper risk mitigation Developing solutions as needed for new products or changing business requirements Partnering with key stakeholders on both tactical and strategic systems enhancements

As a Director on the Alternatives Team, you will take a lead role in the development and implementation of an oversight program designed to address the unique requirements and complexities of the alternatives asset class. You will also be responsible for the oversight of certain expense types, products and/or processes, and in doing so will engage independently in each of the activities listed above. This role involves working with and developing relationships within the Treasurer’s Office, Fidelity Fund and Investment Operations, key business partners within Asset Management, and various businesses across the firm.

This is a demanding role that in turn offers the potential for professional growth through the knowledge and skills that can be gained, and relationships developed.

The Expertise and Skills You Bring

A minimum of 9 years industry or equivalent experience A bachelor’s degree in finance/accounting or equivalent Experience with alternatives products – private equity, private credit, real assets, liquid alts, crypto Experience in applying technical accounting standards Experience with operational risk management and internal controls Advanced, working knowledge of MS Excel and PowerPoint Lead a team while also delivering on independent assignments Apply sound judgment to spot issues, assess risks, and identify items requiring attention Influence business partners and build strong relationships with Senior Leaders Make and effectively communicate decisions Summarize and present sophisticated findings in a clear, organized, and concise manner Prioritize multiple tasks/initiatives and handle time-sensitive activities Unwavering commitment to accuracy, quality, and completion of tasks

Note: Fidelity is not providing immigration sponsorship for this position.

The Team

The Asset Management Treasurers Office provides fiduciary oversight of Fidelity’s funds, shareholder activity, and service providers. We use industry knowledge, technical experience, and our responsibility as fiduciaries to set and monitor adherence to fund policies, and we support the Funds’ Boards of Trustees in fulfilling their responsibilities to the Fidelity Mutual Funds. In addition to overseeing Fidelity’s existing products, we also actively support Asset Management’s efforts to expand investment capabilities by ensuring appropriate oversight is in place for new products prior to implementation.

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. This does not apply to roles listed as Remote or Onsite.

Certifications

Category:

Investment Operations

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.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories. Seniority level

Seniority level Director Employment type

Employment type Full-time Job function

Job function Finance and Sales Referrals increase your chances of interviewing at Fidelity Investments by 2x Sign in to set job alerts for “Director Asset Management” roles.

Treasury Manager, Capital Markets & Risk

Boston, MA $117,000.00-$187,000.00 2 weeks ago Acton, MA $136,400.00-$178,000.00 1 week ago Norwood, MA $200,000.00-$225,000.00 2 weeks ago Director - Finance Management & Planning

Deputy Town Administrator / Finance Director

Natick, MA $155,000.00-$185,000.00 2 weeks ago Boston, MA $120,000.00-$140,000.00 1 month ago Beverly, MA $165,000.00-$180,000.00 1 day ago Treasury Sales Group Manager - Healthcare, Higher Education, and Nonprofit

Senior Audit Manager- Global Treasury, Vice President

Financial Analyst IV, Treasurer's Office

Senior Manager Treasury / Assistant Treasurer

Treasury Manager - Technology Transformation

Sr. Manager, ERP Business Analyst - R2R Treasury (REMOTE)

Dedham, MA $124,000.00-$250,000.00 6 hours ago TREASURY CASH AND FORECASTING MANAGER, Financial Affairs

Vice President, Asset Management Compliance

Boston, MA $123,000.00-$207,000.00 4 days ago Waltham, MA $185,000.00-$200,000.00 1 week ago Branch Team Leader, Framingham, MA, Full-Time, Onsite

Executive Assistant - Journal, Sentinel, Herald Editorial

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr