VP, Treasurers Office - Alternatives Oversight - Private Equity

Fidelity Investments • Boston, MA

6d • $130,000 - $264,000

About The Position

As a Vice President in Fidelity’s Asset Management Treasurer’s Office, you will collaborate with senior Asset Management leaders and Fidelity’s alternatives center of excellence to evaluate new alternative products and design, execute, and maintain oversight programs for significant business processes. These processes include accounting policy, financial reporting, valuation, expenses, distribution, and governance.

The role works across the Treasurer’s Office and with back-office functions, legal, risk, compliance, and investment teams to consider product structure and the operational, financial, regulatory, and tax reporting needs of alternative products. You will assess oversight practices and operational readiness, support products through launch, and provide ongoing oversight of operations. Strong influencing skills and the ability to maintain and improve business-partner relationships are important.

The Asset Management Treasurer’s Office provides fiduciary oversight of Fidelity’s funds, shareholder activity, and service providers. It sets and monitors adherence to fund policies and supports the Funds’ Boards of Trustees in fulfilling their responsibilities to Fidelity Mutual Funds. The office also supports expansion of investment capabilities by ensuring appropriate oversight is in place before new products are implemented.

Fidelity is transitioning to a full-time onsite working model through a phased regional and role-based rollout. Current onsite expectations vary; they may require 100% onsite presence or less, and are likely to evolve. This transition does not apply to fully remote roles. The position’s specific onsite requirement is not stated.

Requirements

• Minimum 15 years of industry or equivalent experience.
• Experience with alternative asset classes, primarily private equity and private equity fund-of-fund structures.
• Technical and business knowledge of legal entity types, such as hedge funds, mutual funds, master/feeder, multi-class, open-end, and closed-end structures.
• Knowledge of operational risk management, internal controls, governance, and oversight processes.
• Understanding of key elements of a Sarbanes-Oxley compliance program for an alternative asset manager.
• Experience evaluating process improvement opportunities through technology solutions.
• Advanced technical skills in mutual fund and private fund accounting, including financial reporting.
• Advanced knowledge of investment types, fund products, and investment company operations.
• Ability to manage multiple points of view, influence others, make decisions, and communicate decisions effectively.
• Strong collaboration skills and ability to work effectively across organizations.
• Excellent written and verbal communication skills, with solid organizational and interpersonal skills.

Nice To Haves

• Bachelor’s degree in accounting or finance.
• Certified Public Accountant (CPA) certification.

Responsibilities

• Collaborate with senior Asset Management members and Fidelity’s alternatives center of excellence to evaluate new alternative products.
• Design, execute, and maintain oversight programs for accounting policy, financial reporting, valuation, expenses, distribution, and governance.
• Work across the Treasurer’s Office and with back-office, legal, risk, compliance, and investment teams to assess product structure and operational, financial, regulatory, and tax reporting considerations.
• Assess oversight practices and operational readiness for alternative products.
• Follow products through launch and provide ongoing oversight of their operations.
• Maintain and improve business-partner relationships and influence stakeholders.

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, tuition reimbursement, and learning resources.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior