Job Description:
Over the past five years, Fidelity has made a significant investment in developing Alternative Products, with a strong focus on launching new offerings across private equity, private credit, hedge funds, real assets, and emerging digital assets. Fidelity Fund and Investment Operations (FFIO) is responsible for providing operational support for these Funds, including Fund Accounting, Shareholder Reporting, Data Governance, and Cash and Position Reconciliation. In addition, FFIO is accountable for meeting fund regulatory and audit obligations (e.g., Sarbanes-Oxley 404 and SOC 1 reporting).
The Businesses We Support
This role will primarily support the Global Product Solutions (GPS) team within FFIO. GPS is responsible for managing fund events on behalf of Advisors and distribution channels and supporting core, alternative and digital asset product implementations.
The Expertise You Have
- Bachelors’ Degree required
- 5+ years’ industry experience, including Audit or other Risk Management activities
- Manage multiple projects simultaneously, with strong skills in planning, scheduling, resource allocation, and risk mitigation to ensure successful delivery
- Understanding of Alternative Investment Products, including partnerships, crypto, direct lending, interval and evergreen funds, etc.
- Fundamental knowledge of alternative product requirements and complexities
- Fund accounting and operations knowledge, specifically related to alternative investments
- Demonstrated leadership or project management experience
- Excellent verbal and written communication skills with the ability to articulate complex problems
The Skills You Bring
- Understands, supports and can articulate the vision, mission and strategy of Risk
- Support cross-functional projects from initiation to completion, ensuring alignment with business objectives, timely delivery, and adherence to quality standards
- Thinks strategically and approaches work with an open mind and sense of creativity by challenging current practices and recommending improvements to mitigate risks and drive positive change
- Well versed in data analytics capabilities and tools (e.g., Excel, PowerPoint, Tableau); knows when and how to move from sample-based testing to analyzing full populations to surface risk or identify control deficiencies
- Ability to prioritize and manage multiple tasks, and shift focus quickly based on risk/business need
- Communicates clearly, concisely and impactfully in order to influence others; tailors messaging to audience
- Builds strong and inclusive working relationships, in person and virtually, with business partners and colleagues
- Adaptable to new information, changing business priorities, input from others, and lessons learned
- Demonstrated risk management knowledge and experience, including risk assessment and control evaluation
The Value You Deliver
The candidate’s primary responsibility will be providing business unit risk support, including:
- Proactively engaging with the business and leveraging data to identify risks, provide guidance, execute risk assessments, and perform testing activities
- Continuously analyzing and assessing the risk profile of the business
- Collaborating across our Risk team and the Legal, Risk and Compliance group to optimize the Risk Management support provided to the business and advance the effectiveness of our program
Company Overview
At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit Fidelitycareers.com
Fidelity Investments is an equal opportunity employer.
Certifications:
Category:
Risk
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.
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.
