This position is within the Brokerage Treasury Group (Firm Funding) of Fidelity Institutional which is responsible for managing key assets and liabilities for Fidelitys Brokerage Business.
Brokerage Treasury of FI (Fidelity Institutional) is responsible for managing the liquidity needs across FI and Personal Investments (PI). Additionally, the group is responsible for the management and allocation of credit facilities with external credit providers. The group takes a strategic leadership role in the development of the funding alternatives and investment options necessary to meet the long-term business objectives of our internal business partners. Brokerage Treasury also works directly with regulatory, legal, finance and credit risk groups.
The Treasury Associate is an entry level position responsible for the groups reporting, accrual accounting, maintaining the group database and all contact information & contingency planning documents. In addition, the Treasury Associate is responsible for supporting the Treasury Analysts in the proper and timely execution of Firm Settlements and management of the Firms Liquidity needs. This entails the monitoring of incoming Fed Wire activity, management of the Participant Fund Requirements/Portfolio, management of most of the product settlements, and firm settlement/liquidity management for the multi-currency offering. The Treasury Associate will also be responsible for supporting the development of liquidity and investment options to support new products and the production of quarterly and ad-hoc management analysis/reporting.
The position requires incumbents who have a penchant for detailed, accounting driven work and an ability to handle complex data sets and maintain them at a detailed level as well as good problem solving skills. The successful candidate will be self motivated and thrive in an independent, fast paced dynamic environment.
Strong Excel PowerPoint and presentation skills as well as knowledge of Brokerage Operations and Finance is a plus.
Brokerage Treasury Firm Funding
Backup and Support Analysts with management of the Firms daily liquidity position
Maintain data for Balance Sheet, Liquidity & Dividend forecasts and distribute daily
Maintain data for the Brokerage Treasurers report and distribute daily
Support Treasury in creating senior management presentations and ad-hoc reporting
At Fidelity, we are focused on 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. Find your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer.
We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 2.
Original source: Indeed