Job Description:
The Role
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 (more recently 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 mitigation over time
Developing solutions as needed for new products or changing business requirements
Partnering with key stakeholders on both tactical and strategic systems enhancements
As a Senior Manager on the EO team, you will be responsible for the oversight of certain expense types, products and/or processes. In doing so you will engage independently in all each the activities listed above, but with the support of a strong EO team. 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
A minimum of 6 years industry or equivalent experience
A bachelor's degree in finance/accounting or equivalent
Knowledge of technical accounting standards
Knowledge of operational risk management and internal controls
Advanced, working knowledge of MS Excel
The Skills You Bring
Motivated self-starter with the ability to work independently
Ability to apply sound judgment to spot issues, assess risks, and identify items requiring attention
Unwavering commitment to accuracy, quality, and completion of tasks
Possess excellent organizational, operations, and project/process management skills
Excellent verbal, written and formal presentations communication skills
Possess strong research and analytical skills
Ability to make and effectively communicate decisions
Ability to prioritize multiple tasks/initiatives and handle time-sensitive activities
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.
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.
