Fidelity Investments · 10 hours ago
VP, Treasury Operations - Cash Management Administration
Jersey City, NJ
Full-time
Hybrid
Director/Executive
$118K/yr - $226K/yr
15+ years expFidelity Investments is seeking a Vice President of Cash Management & Banking Administration to oversee banking relationships and operational activities. This leadership role involves serving as a primary liaison for banking partners and ensuring effective execution and optimization of bank-related services.
Asset ManagementFinanceFinancial ServicesRetirementWealth Management
Responsibilities
Serve as the primary liaison to strategic banking partners
Lead ongoing bank performance and service reviews, including facilitation of formal bank scorecard evaluations
Monitor service quality, pricing, & operational performance across banking partners
Oversee the administration of all NFS, LLC bank accounts, including new account openings, account maintenance, documentation management, and timely closure of accounts as needed
Ensure accurate and current maintenance of authorized signers
Review, validate, and approve banking invoices; ensure charges are accurate, documented, and paid on schedule
Manage banking contracts and renewals in partnership with legal, risk, and procurement teams
Oversee daily cash concentration for clearing house funds & provide oversight for various cash management settlements
Ensure adherence to internal controls, regulatory requirements, and industry best practices across bank administration processes
Provide administrative oversight and operational support for the FDIC Sweep program, ensuring accurate account setup
Collaborate with product, technology, and operations teams to enhance client experience and process efficiency
Develop a high‑performing team through coaching, mentoring, and workforce planning
Qualification
Required
Bachelor's degree
15+ years of experience in bank operations, banking administration, or a related financial services field
Proven leadership experience managing high-performing operational teams
Expert knowledge of banking products, treasury services, cash concentration, and settlement processes
Strong understanding of bank documentation, contracts, entitlement governance, and invoice validation
Excellent analytical, communication, and relationship‑management skills
Ability to navigate matrixed organizations and collaborate across business, technology, risk, and legal functions
Series 99 - FINRA
Benefits
Comprehensive health care coverage and 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, tuition reimbursement, and learning resources to develop your career
Company
Fidelity Investments
Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses we serve.
10001+ employees
H1B Sponsorship
Fidelity Investments has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (8)
2023 (4)
2022 (6)
2021 (8)
2020 (30)
Funding
Current Stage
Late StageTotal Funding
$152.82MKey Investors
Apple
2020-12-28Secondary Market· $2.5M
2018-01-14Secondary Market· $1M
2017-05-03Secondary Market· $12.5M
Leadership Team
Abigail Johnson
Chairman & CEO
Jeanmarie Ward
Senior Vice President of Architecture
Recent News
2026-02-04
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2026-02-04
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