Ta Treasury Operations Associate Ii

Job Description:
The Role
The Fidelity Fund and Investment Operations team is looking for a TA Treasury Ops Representative to work in a wire room to process money movement and monitor treasury bank balances.
TA Treasury Ops Representative is primarily responsible for the timely and accurate transfer of ~ $20 billon dollars daily among various transfer agent banks, the Fidelity Group of Funds custodian banks, and FMTC/FIAM products. Other key functions include, business partner and banking relationship management; Fund income and expense analysis and allocation; Investment of excess cash; Funding of daily shareholder check-writing presentments; and Procedure development and maintenance.

• Update policies and procedures.
• Communicate with our banking partners as well as our internal and external business partners.
• Enter high dollar transfer agent shareholder and expense payment wire transfers
• Report cash requirements for shareholder check writing activity
• Process stop payments
• Review intraday and prior day bank account balances. Research and escalate exception items as appropriate.
• Review, analyze and pay banking service charges for transfer agent bank accounts. Resolve banking service issues and highlight bill exceptions to internal business partners.
• Effectively establish and maintain relationships with internal and external business partners
• Develop, review and maintain policy and procedures for the TA Treasury Operations team

The Expertise & Skills You Bring

• Looking for a motivated individual looking to learn more about treasury services
• Attention to detail
• 4-year college degree preferred
• Detail oriented individual with strong communication skills
• Ability to identify and escalate high risk items
• Ability to multi-task during a tight time frame
• Strong analytical and problem-solving skills
• Excellent customer service skills
• Proficient in Microsoft Office applications
• Please Note: This role is subject to a periodic enhanced background review (criminal check, credit review, public records search, and drug test)
• Responsible for money movement between the Fidelity Group of Funds and the related transfer agents
• Allocation of expenses from treasury accounts
• Review of bank bills
• Monitoring of treasury account bank balances

The Team
The TA Treasury Ops Representative I will serve as the Specialist for the TA Treasury Operations team and will enter money movement instructions for multiple banks and business partners. Work in conjunction with the Leads to ensure all daily functions are completed timely and accurately. Escalate any daily operational issues to the Leads and Senior Manager as appropriate.
This individual must work within a team that is responsible for several key banking competencies including monitoring bank account balances, reviewing bank pricing on Transfer Agent Bank accounts and resolving pricing discrepancies across multiple business lines including the Fidelity Group of Funds, FMTC, FIAM and NFS, and allocating expenses and interest to the Fidelity Group of Funds.
Certifications:
Category:
Investment Operations