Assistant Treasurer

Fidelity • Boston, MA

5d

About The Position

The Assistant Treasurer is a member of Fidelity’s Treasury leadership team and reports to the Corporate Treasurer. The role is responsible for strategic aspects of Corporate Treasury, including liquidity management, balance sheet management, capital planning, capital markets activity, investments, and governance and reporting. The Assistant Treasurer also supports FMR senior executives across Financial Services and Devonshire Investors and their teams.

The position leads a team of 8–10 treasury professionals, primarily located in Boston, and helps ensure Corporate Treasury evolves in line with business priorities and best practices. The role partners with internal businesses and functions, rating agencies, shareholders, financial institutions, and other third parties, and promotes rigorous financial and operational risk management.

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.
• 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.
• Ability to 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 management and leadership skills.
• Proactive focus, depth of thought, and a can-do attitude.
• Ability to anticipate requirements and obstacles and develop plans 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.
• Develop FMR’s long-term balance sheet strategy and forecasts, including capital, liquidity, and investments.
• Develop FMR’s liquidity target-setting framework and determine 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.
• Partner 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, 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.

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
• Depending on position and eligibility, bonus or other variable compensation

What This Job Offers

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