Director, Asset Management Treasurer’s Office - Valuation Oversight
About The Position
The Role As a Senior Manager of Valuation Oversight in Asset Management’s Treasurer’s Office, you will be responsible for overseeing the valuation and pricing operations of the Fidelity retail and institutional funds and monitoring operational controls. In this role you will manage the valuation processes for privately-held and complex securities held across the Fidelity funds and accounts. You will coordinate the activities of third-party service providers, administer daily control functions, and perform market surveillance. You will support Fidelity’s various valuation committees including preparation and review of activity and risk reports, testing of fair value methodologies, and coordination of fair value determinations and related documentation. 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 Team The Asset Management Treasurer’s 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. Company Overview At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at accommodations@fmr.com or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.
Requirements
- A minimum of 6 years industry or equivalent experience
- A Bachelor’s degree in Finance/Accounting or equivalent
- Subject matter knowledge of technical accounting standards and generally accepted valuation methodologies for complex and alternative investments (private equity, private debt, direct loans, real estate, derivatives, etc.)
- Knowledge of operational risk management and internal controls, governance and oversight processes
- Advanced, working knowledge of MS Excel
- Motivated self-starter with the ability to work independently
- Team player and willingness to collaborate in a team setting
- 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
Nice To Haves
- Prior experience preparing, auditing private placement valuations, or progression towards a Chartered Financial Analyst designation a plus
Responsibilities
- Overseeing the valuation and pricing operations of the Fidelity retail and institutional funds and monitoring operational controls.
- Manage the valuation processes for privately-held and complex securities held across the Fidelity funds and accounts.
- Coordinate the activities of third-party service providers, administer daily control functions, and perform market surveillance.
- Support Fidelity’s various valuation committees including preparation and review of activity and risk reports, testing of fair value methodologies, and coordination of fair value determinations and related documentation.
- 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.
Benefits
- comprehensive health care coverage and emotional well-being support
- market-leading retirement
- generous paid time off and parental leave
- charitable giving employee match program
- educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
