Director, AM Treasurers Office, Alternatives Oversight
At a glance
Director-level Treasury role at Fidelity. Boston · full-time · $110,000–$222,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Check that alternative products are ready to operate, and oversee key events throughout their life cycles
- Oversee accounting and financial and regulatory reporting for private equity, real estate and other alternatives
- Coordinate with fund and investment operations, plus compliance, risk, technology and investment teams
- Help put appropriate oversight in place before new investment products are introduced
What you bring
- At least ten years of industry experience or equivalent
- Deep knowledge of accounting and financial reporting for private equity, real estate and other alternative investments
- Strong research and analytical ability, with care for accurate, complete work
- Knowledge of operational risk, internal controls, governance and oversight
Who this fits
This director-level role suits someone with substantial alternatives accounting and reporting experience who can manage several priorities and time-sensitive work. A bachelor's degree in accounting is preferred. The role is based in Boston, and Fidelity will not sponsor immigration for this position. Fidelity is moving toward full-time onsite work through a phased rollout, with current attendance expectations varying by role and location.
From the employer
Fidelity will not provide immigration sponsorship for this position.
Job Description:
The Role
As a Director of Alternatives Oversight in Asset Management’s Treasurers Office, you will be responsible for supporting the growing alternative product offerings, with a focus on private equity and real estate, by providing oversight of operational readiness, product life cycle events, accounting, and financial and regulatory reporting. You will think and work across Fidelity, partnering with Fidelity Fund and Investment Operations and with our key Asset Management business partners in Compliance, Risk, Technology, and the various Investment Divisions across the firm.
The Expertise And Skills You Bring
- Bachelor’s degree in accounting preferable.
- A minimum of 10 years industry or equivalent experience
- Extensive knowledge of private equity, real estate, and other alternative investment product accounting and financial reporting
- Exceptional research and analytical skills
- A motivated self-starter committed to accuracy, quality and completion of tasks
- Knowledge of operational risk management and internal controls, governance and oversight processes
- Outstanding verbal, written and formal presentations communication skills
- Ability to prioritize multiple tasks/initiatives and handle time-sensitive activities
- CPA or public accounting experience a plus.
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 Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
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.