Assistant Treasurer

Fidelity Investments • Boston, MA

1d • $185,000 - $400,000

About The Position

The Assistant Treasurer is part of Fidelity’s Treasury leadership team and reports to the Corporate Treasurer. The role leads strategic Corporate Treasury activities, including liquidity management, balance sheet management, capital markets activity, and investments. It also supports FMR senior executives across Financial Services and Devonshire Investors and their respective teams.

The position manages and develops a team of 8–10 treasury professionals focused on liquidity management, balance sheet management, and investments, primarily located in Boston. It leads the development of FMR’s long-term balance sheet strategy and forecasts, liquidity frameworks and stress testing, capital planning, daily cash management, Treasury capital markets activity, and oversight of investments, loans, and lines of credit. The Assistant Treasurer also manages the Corporate ALCO agenda, builds relationships with internal and external stakeholders, supports money movement and digital asset initiatives, and helps ensure Corporate Treasury evolves with business priorities and best practices.

Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Onsite expectations vary and may evolve; the transition does not apply to fully remote roles. Fidelity will not provide immigration sponsorship for this position.

Requirements

• Significant senior-level treasury management experience gained within one or more complex, global organizations.
• Strong knowledge of capital markets, debt structuring, and derivative instruments, with key relationships across global financial institutions.
• Senior-level presence and the ability to gain trust and demonstrate credibility.
• Ability to thoughtfully challenge decisions or recommendations as appropriate and collaborate with critical partners across levels and subject areas.
• Proven influencing, negotiating, relationship management, and communication skills, both internally and externally.
• High degree of commercial awareness and business understanding.
• Excellent, demonstrable management and leadership skills.
• Proactive, thoughtful, can-do approach, with the ability to anticipate requirements and obstacles and plan to address them.
• Ability to balance high-level job requirements with attention to detail where appropriate.

Responsibilities

• Manage and develop a team of 8–10 treasury professionals focused on liquidity management, balance sheet management, and investments, primarily located in Boston.
• Develop FMR’s long-term balance sheet strategy and forecasts, including capital, liquidity, and investments.
• Develop FMR’s liquidity target-setting framework and liquidity composition across liquid and contingent funding sources; update liquidity stress tests and periodically test capabilities.
• Conduct capital planning analysis of capital and investment requests, partnering with tax, legal, corporate development, shares, and other groups on corporate actions, restructurings, and capital distribution analysis.
• Manage daily cash and forecast cash flow needs.
• Manage Treasury capital markets activity, including funding, repo, debt issuance and redemption, and hedging.
• Oversee seed and pilot capital investments, as well as loans and lines of credit to internal entities and third parties.
• Oversee key balance sheet and liquidity reports.
• Manage the Corporate ALCO agenda.
• Partner with businesses on money movement and digital asset initiatives.
• Build and maintain relationships with business partners, rating agencies, and other key third parties.
• Ensure a rigorous approach to financial and operational risk management.
• Lead the evolution of the Corporate Treasury function in line with business priorities and best practices, embracing change and challenging the status quo.
• Build and maintain Corporate Treasury policies and procedures, including resiliency and contingency planning.
• Provide support to FMR senior executives across Financial Services and Devonshire Investors and their respective teams.

Benefits

• Comprehensive health care coverage
• Emotional well-being support
• Retirement benefits
• Paid time off
• Parental leave
• Charitable giving employee match program
• Educational assistance, including student loan repayment and tuition reimbursement
• Learning resources to develop your career
• Bonus or other variable compensation may be included depending on position and eligibility requirements

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed