Director, Cash and Money Movement, FDIC and Core Accounts

The Role

Seeking a talented team member to join our n team collaboration 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!  

Reporting to the Cash and Money Movement (CMM) Commercialization Team Leader, this position  will focus on the commercialization responsibilities supporting Cash and Money Movement Product area that includes digital retail banking, FDIC Sweep deposits, bill payments, digital money movement including ACH, RTP and Zelle for our retail customers, products and capabilities in the Cash Solutions team.

The Expertise and Skills You Bring

• Minimum 8  years’ experience in financial services, with focus in digital banking, retail money movement, treasury management, retail FDIC deposit and cash management
• Bachelor's Degree
• Proven Success in:
• Implementing and growing retail deposits, money movement products including ACH, RTP and Zelle and experience with payments and banking regulatory requirements a plus.
• Managing vendors and related contracts and leading multiple complex processes and initiatives, while maintaining updated and accurate documentation that aligns to legal, compliance, audit and other regulatory standard
• Working in a highly matrixed organization; internal and external
• Building relationships and working with senior leadership
• Demonstrated strategic thinking and execution skills to run impactful programs aligned to strategic plans & objectives
• Excellent presentation and influencing skills to achieve consensus with multiple audiences and  integrate different perspectives.
• Strong analytical skills combined with a growth mindset
• MBA preferred, but not required

Responsibilities of the job will include the following:

• Directly manage multiple bank partners, collaborating with bank leadership, internal treasury and Fidelity 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 and billing.
• Build and maintain expertise in FDIC and other bank regulatory requirements pertinent to our sweep program.
• Use client-centered techniques like hypothesis driven design and journey mapping to find opportunities for innovation and growth in the FDIC sweep program.
• 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 planning.
• Participate in  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.

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.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.