Head of Product Governance
Job Description:
The Role
Fidelity Asset Management is seeking a highly experienced fund oversight professional for the role of Head of Product Governance. The Product Governance team within Fidelity Asset Management is a tenured team of approximately 20 professionals that focus on the interests of our fund shareholders. Its mission is to evaluate, develop, and lead proposals through board approval into execution and serve as product specialists to enable Fidelity’s investment product strategy. Proposals may include new funds, changes to funds, mergers, and liquidations, and the scope spans all Fidelity mutual funds, ETFs, and other registered funds across all asset classes and distribution channels.
This role requires a combination of deep subject matter expertise, diplomacy, communication, and a strong fiduciary orientation. You independently assess the benefits of any proposal to fund shareholders and must be comfortable expressing views that may be contrary to those of key senior stakeholders. You will interact directly with presidents of the investment divisions, the Head of Investment Product, leaders in other oversight functions, and the Boards of Trustees that oversee the funds.
The role reports to the Head of the Finance and Fund Oversight (FFO) group and is based in Boston.
The Expertise and Skills You Bring
Deep technical knowledge of mutual funds and ETFs and familiarity with Fidelity’s fund offerings. Knowledge of unregistered investment product structures and/or alternative investments is a plus.
Fiduciary orientation, with ability to balance different perspectives while placing fund shareholder interests first.
Ability to collaborate and build relationships at all levels of the organization.
Proven ability to consult and influence senior leaders.
Outstanding written and verbal communication skills.
Experience taking controversial positions with diplomacy and grace.
Ability to see the big picture while paying careful attention to detail, applying independent critical thinking and judgment.
Proven experience finding creative solutions to resolve intractable problems.
Balance of interpersonal skills and analytical acumen, and ability to recognize impact on others and adapt to be effective in different situations.
Experience managing and leading a high-functioning team, with focus on talent development.
Intellectual curiosity, humility, and a genuine desire for continuous improvement.
The Team
The Asset Management Finance and Fund Oversight (FFO) team partners across Asset Management to drive long-term strategy and uphold fiduciary standards for Fidelity and customers. FFO further supports AM business lines and boards by providing financial expertise and insights, leading strategic initiatives, providing independent oversight of investment offerings, supporting Fund Boards, and more. As the leader of Product Governance, you will lead a talented team and will be accountable for continued growth and development.
The base salary range for this position is $185,000-$400,000 per year.Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
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.
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.