Alternative & Portfolio Valuation Oversight Manager

Job Description You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement. Current work authorization for Canada is required for all openings. Who We Are At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services – and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future. Business Overview The Fund Treasurer’s Office provides fiduciary oversight of the Fidelity (FIC) product line to ensure the best interests of investors in our funds are upheld. We also provide regular reporting and disclosure to investors, regulators, and corporate governance committees in accordance with internal guidelines and regulatory requirements. The Purpose of the Role The Alternative & Portfolio Valuation Oversight Manager’s main responsibilities include overseeing all key operational aspects of the funds managed by Fidelity, including but not limited to oversight of the back office and middle office functions of the Fund Administrator and Custodian, being the key point of contact in the relationship management of the service providers, delivering supervisory oversight over exception management and providing coverage for other members of the Fund Treasurer’s Office in their absence. Please note that the internal business title for this role is Fund Treasury Manager. The role of the Fund Treasurer’s Office is to (1) provide fiduciary oversight to ensure the best interests of clients holding FIC products are upheld, and (2) provide regular disclosure to unitholders, regulators and internal governance committees based on regulatory requirements and internal guidelines. What We’re Looking For Education University Degree, preferably with a focus on Finance or Accounting (or equivalent experience) Experience 5 Years in financial industry with emphasis on alternative asset operations and private asset fair valuation experience Experience preparing or reviewing private and or illiquid asset valuation packages Experience preparing or reviewing liquid securities daily pricing Extensive knowledge of fund accounting, pricing, custody and the operational aspects of investment funds including alternative investment funds operations, valuation and pricing Strong knowledge of the Canadian and global investment industry, including NI 81-102 and NI 81-106 Experience in dealing with valuation firms for private placement valuation Specific Certifications Accounting designation (CPA, CA) or equivalent is an asset In possession of, or working toward, post graduate designation (CFA, MBA, CBV) is an asset What You Will Do Manage Oversight of Private Asset Valuation and Pricing Lead/participate in biweekly/monthly/quarterly reviews with major valuation and pricing service groups, to review performance against agreed upon expectations (per service level agreement). Performance metrics are developed and included in a scorecard for review during monthly meetings. Participate and represent the Fund Treasurer’s Office in the valuation and pricing vendor relationship meetings. Lead/participate in overseeing private asset valuation, including but not limited to, real estate assets, private credit, infrastructure and private equity. Assist with analysis of complex accounting issues that arise Responsible for ensuring meaningful and timely communication of initiatives or findings to the attention of the FTO and impacted business partners. Oversee the planning and conduction of annual due diligence with major valuation and pricing service groups, including those of third‑party private asset managers. Ensure all due diligence sessions are held in a timely manner and cover the required service lines and scope. Supervise the completion of agendas and meeting materials to ensure quality and robust discussions are held. Complete the final due diligence reports and prepare presentations for the appropriate FIC internal committees and Boards. Ensure the accuracy of any private asset valuation and accounting considerations, including but not limited to, waterfall distribution calculations, incentive fees/carried interest, etc. Manage and design bespoke processes and oversight controls related to private asset valuation. Understand complex investing strategies of mutual funds and alternative products investing in private assets and design effective oversight controls to oversee any operational risks. Oversee capital call process Oversee and ensure accuracy of performance fees Contribute to the operational design of new alternative products Oversee Operational aspects of FIC’s Alternative Product Line up Participate and represent Fund Treasurer’s Office in all alternative product launches and large client transitions into alternative products to ensure effective implementation of new products and alignment of appropriate operational framework Provide ongoing oversight of existing alternative products to ensure efficient and effective operations along with a management of risk Work with key stakeholders (Sub‑Advisors, PSG teams, Custodians, Administrators, etc.) to ensure key operational details are understood in advance of launch. Design and build effective controls for alternative products which may be new to the FIC business Ability to communicate complex processes to internal and external business as they relate to alternative products to ensure key risks are understood Expertise You Bring You are a highly driven professional with a keen eye for detail You are proactive and continuously assess your surroundings to identify issues and areas where modifications to existing processes might be recommended or required You are an exceptional communicator who excels at communicating difficult information in the simplest of terms possible You excel at presenting information to Senior Leaders and Boards/ Committees both orally and through written presentations You are a team player who is able to find common ground and find solutions that are in the best interest of Fidelity and our investors You are motivated by collaboration, process efficiency and commitment to excellence Experience constructing control and effective oversight processes for new alternative products Some of the ways we’ll help you feel valued and supported as part of our team Flexible working arrangements – 100% remote, hybrid, and in‑office options Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you Comprehensive health benefits that start on your first day, with 100% employer‑paid premiums, that include up to $5,000 annually for mental health services and therapy Parental leave top‑up to 100% of your salary for a period of 25 weeks Up to $650 for home office equipment Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice Diversity and inclusion programs, including an active network of Employee Resource Groups Extensive professional development opportunities, including access to over 11,000 training and development courses, tuition reimbursement, and monetary rewards for completing a required designation We care a lot about fostering a compassionate, people‑centric culture, and are proud to have been named one of Canada’s Top 100 employers for the last five years. Total Rewards That Reflect Your Impact We believe exceptional work deserves exceptional recognition. That’s why we offer a competitive compensation package designed to support your success today—and your financial well‑being tomorrow. For this role, your total rewards include: Base Salary – a competitive annual range of $110,000 to $130,000 based on your experience and qualifications. Performance Bonus – Eligible for a discretionary bonus that rewards your contributions and results. RRSP Contribution – After 6 months of employment, we invest in your future with an RRSP contribution—no employee matching required. We’re proud to offer a compensation package that aligns with provincial pay transparency requirements. This posting represents an existing vacancy within our organization—an opportunity to step into a role where your talents will make a meaningful difference. Fidelity Canada is an equal opportunity employer Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally‑protected ground. Accommodation during the application process Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at . No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted. Why Work at Fidelity? We are proud to be recipients of the following Awards Canada's Top 100 Employers Greater Toronto's Top Employers Canada's Top Family‑Friendly Employers Canada's Top Employers for Young People Great Place To Work® Certified Best Workplaces for Inclusion Best Workplaces for Mental Wellness Best Workplaces for Today's Youth Best Workplaces for Women Best Workplaces in Financial Services & Insurance Best Workplaces in Ontario Best Workplaces with Most Trusted Executive Teams LinkedIn Top Companies in Canada Human Resource Director (HRD) - Best Place To Work HRD - 5‑Star Benefit Program HRD - 5‑Star Diversity & Inclusion Employer Designations Canadian Compassionate Companies – Certified Benefits Canada's Workplace Benefits Award – Future of Work Strategy TalentEgg National Recruitment Excellence Award – Special Award for Diversity & Inclusion in Recruiting Canadian HR Reporter’s Most Innovative HR Team #J-18808-Ljbffr