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Director, Cash Payments/Money Movement and Sweep Programs

AT Fidelity Investments
Fidelity Investments

Director, Cash Payments/Money Movement and Sweep Programs

Boston, MA

Job Description:

The Role

We are seeking a results-oriented and motivated associate who thrives working with teams to deliver outstanding Cash Management products and services via Fidelity.com and our native mobile App. Interested in being part of the Cash Solutions team driving outstanding client and business value to Fidelity and our customers? If so, read on and apply soon!

This role will focus on the commercialization responsibilities of the FDIC Sweep and core accounts products and capabilities in the Cash Solutions domain.

The Expertise and Skills You Bring

  • Bachelor's Degree required, MBA preferred.
  • 8 - 12 years of proven experience in financial services, with focus in banking, treasury management, cash management experience is preferred.
  • Strong relationship management skills and comfort working with senior leadership internal and external to Fidelity.
  • A combination of strong analytical and interpersonal skills with a learning and growth mindset.
  • Experience working across Fidelity business units and ability to manage multiple vendors and partners (internal / external)
  • Comfortable managing multiple complex processes and initiatives, while maintaining updated and accurate documentation that aligns to legal, compliance, audit and other regulatory standards.
  • Strategy and execution skills to run impactful programs aligned to strategic plans & objectives
  • Strong presentation and persuasion skills to achieve consensus with multiple audiences including active listening skills to integrate different perspectives and achieve better outcomes.

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  • Experience managing vendors and related contracts, oversight and processes

Responsibilities of the job will include the following:

  • Directly manage multiple bank partners, collaborating with bank leadership, internal treasury and Enterprise Relationship Management teams.
  • Support the negotiation, drafting, review and approval of complex legal contracting processes.
  • Support the technology, operations, treasury and vendor teams for all FDIC Sweep program bank required control points, including interest rate management, invoicing, billing, etc.
  • Develop and maintain expertise in FDIC and other bank regulatory requirements pertinent to our sweep program.
  • Leveraging client centered techniques such as hypothesis driven design, journey mapping and other similar techniques to identify opportunities to innovate and grow the FDIC sweep program.
  • Lead the measurement and analytics Provide high level direction to internal partners across the FDIC and core account products and identify key insights that support leadership decisions in forecasting balances, business economics and planning.
  • Active participation in and/or leading defining requirements, understanding business & technology needs, and writing Agile stories to help advance the infrastructure and assist with system & process improvements.
  • Participating in and leading go to market efforts

The Team

Fidelity's Cash Solutions domain has critical building blocks for our customers. Our vision is to expand the role Fidelity can play in this critical area of customer finances, by offering innovative capabilities to serve the spending and saving needs of both new and existing customers.

Certifications:

Category:

Product Management
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.

Client-provided location(s): Boston, MA, USA; Smithfield, RI, USA; Merrimack, NH, USA
Job ID: Fidelity-2112110
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program

Company Videos

Hear directly from employees about what it is like to work at Fidelity Investments.