Director - NFS Brokerage Treasury Operations - Bank Cash Admin
Fidelity Investments is a privately held, Boston-headquartered financial services company providing investing, trading, retirement, wealth management, brokerage, workplace benefits, custody and clearing, and digital-asset services.
About Fidelity Investments
Fidelity serves individual investors, employers, wealth-management firms, institutions, innovators, and charitable donors through diversified financial-services businesses. Current offerings include brokerage and trading, mutual funds and exchange-traded products, retirement and workplace savings, financial planning and advice, wealth management, institutional custody and clearing, and crypto/digital-asset products.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will lead NFS, LLC banking relationships and related operations, serving as the senior contact for banking partners. You will oversee bank account administration, invoice validation, contract management, daily cash concentration, and the FDIC Sweep program, while building a high-performing team.
Requirements
- Bachelor's degree
- 10+ years of experience in bank operations, banking administration, or related financial services
- Leadership experience managing operational teams
- Knowledge of banking products, treasury services, cash concentration, and settlement processes
- Understanding of bank documentation, contracts, entitlement governance, and invoice validation
- Analytical, communication, and relationship-management skills
- Ability to navigate matrixed organizations
Responsibilities
- Serve as primary liaison to strategic banking partners
- Lead bank performance and service reviews including bank scorecard evaluations
- Monitor service quality, pricing, and operational performance
- Oversee administration of NFS, LLC bank accounts
- Maintain authorized signers accurately
- Review, validate, and approve banking invoices
- Manage banking contracts and renewals with legal, risk, and procurement
- Oversee daily cash concentration and cash management settlements
- Ensure adherence to internal controls and regulatory requirements
- Provide oversight for the FDIC Sweep program
- Collaborate with product, technology, and operations teams
- Coach, mentor, and plan workforce for the team
Benefits
- Comprehensive health care coverage
- 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 and tuition reimbursement
- Bonus or other variable compensation
