Director - Valuation Oversight, Asset Management Treasurer’s Office

Soteriare; Merrimack (NH); On-site; USD 100,000 - 160,000; Full time

Job summary

Join a forward-thinking company as a Director of Valuation Oversight in Asset Management. In this pivotal role, you will oversee pricing operations, ensuring the accuracy and integrity of valuations for complex investment strategies. Collaborating with various teams, you will implement and maintain robust valuation processes while managing third-party service providers. This role offers a unique opportunity to influence the operational controls of Fidelity's funds and contribute to strategic initiatives. If you are a motivated leader with a commitment to excellence and a passion for finance, this is the perfect opportunity for you.

Qualifications

• 10+ years of industry experience in asset management or equivalent.
• Expertise in valuation methods for alternative investments.

Responsibilities

• Oversee pricing operations and monitor controls for Fidelity Funds.
• Coordinate activities of third-party service providers and fund managers.

Skills

Technical Accounting Standards

Valuation Methods

Operational Risk Management

MS Excel

MS Access

Project Management

Analytical Skills

Communication Skills

Education

Bachelor’s Degree in Finance/Accounting

Graduate MS or MBA Degree

Tools

MS Excel

MS Access

Job description

Director - Valuation Oversight, Asset Management Treasurer’s Office page is loaded

Director - Valuation Oversight, Asset Management Treasurer’s Office

Apply locations Boston, MA Merrimack, NH time type Full time posted on Posted Yesterday time left to apply End Date: May 23, 2025 (13 days left to apply) job requisition id 2111602

Job Description:

The Role

As a Director of Valuation Oversight in Asset Management’s Treasurer’s Office, you will be responsible for overseeing the pricing operations of the Fidelity Funds and monitoring operational controls. In this role you will support the development, implementation, and administration of valuation processes for the funds’ investments in private market strategies including equity, credit, and real assets. You will coordinate and oversee the activities of third-party service providers, external fund managers, and Fidelity’s internal pricing and bookkeeping agent Fidelity Fund and Investment Operations (FFIO). You will administer control functions, support testing of fair value methodologies, and coordinate the fair value determination process and related documentation. You will maintain valuation policies and procedures and recommend changes and updates as appropriate and necessary. You will think and work across Fidelity, partnering with the rest of the Asset Management Treasurer’s Office and collaborating with business partners in FFIO, Compliance, Risk, Technology, and the various Investment Divisions across the firm.

The Expertise

• A minimum of 10 years industry or equivalent experience
• Bachelor’s degree in finance/accounting or equivalent. Graduate MS or MBA degree in finance/accounting a plus.
• Subject matter expertise of technical accounting standards and generally accepted valuation methods for complex and alternative investment classes (e.g., private equity, direct loans, real estate, fund-of-funds)
• Prior experience preparing and/or auditing security valuations a plus
• Knowledge of operational risk management and internal controls, governance, and oversight processes
• Advanced, working knowledge of MS Excel and MS Access
• Collaborative working style, willingness to roll up sleeves and tackle complex problems

The Skills You Bring

• Motivated initiative-taker with the ability to work independently
• 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
• Highly proficient verbal and written communication skills and strong presentation capability
• Advanced excel skills and experience developing light automation solutions
• Possess strong research and analytical skills
• Ability to make and effectively communicate decisions
• Ability to prioritize multiple tasks/initiatives and handle time-sensitive activities
• Ability to explain valuation concepts to diverse audiences

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 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

Certifications:

Category:

Investment Operations

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

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