Vice President, Liquid Alts/Hedge Product Manager
Job Description:
The Role
In this role you will be responsible for assessing and documenting the requirements for alternative investment products operational ecosystem, including hedge funds and liquid alternatives products. The areas for evaluation will include Fidelity Fund Investment Operations. You will provide critical alternatives subject matter expertise and context to accelerate product roadmap and target state operating model.
This role is in the Alternatives group within Global Product Solutions (GPS). GPS is a central service team focused on intaking new product requirements from Asset Management to help expand FFIO’s capabilities and to accelerate operational readiness for new products and requirements. The role will interact with many groups within the Fidelity organization and effectively represents the business to customers and business partners.
The Expertise and Skills You Bring
- Advanced knowledge of broad and deep operations of liquid alternatives products and hedge funds including derivative instruments and requirements related to portfolio transactions for pooled investment funds.
- In-depth knowledge of US GAAP accounting financial reporting standards for investment companies including public and private funds.
- Research skills including the ability to gather information about a topic, review that information and analyze and interpret the details in a way to support a solution.
- Strong written and verbal communications skills. You will be able to absorb complex information and present it in a clear, digestible way to multiple audiences.
- Excellent organizational skills and attention to detail, with an ability to manage multiple, concurrent high priority assignments and deadlines.
- Proficiency in various PC software applications including Microsoft Excel, Word, and PowerPoint. Power BI preferred.
- 12+ years’ experience preferred including digital asset products servicing with an asset manager, audit firm or custodian.
- Bachelor’s Degree or equivalent experience. CAIA and /or CFA is a plus.
The Team
The Vice President, FFIO Global Product Solutions will join a team of ~50 customer obsessed fund and investment operations leaders. We strive to create innovative implementation and portfolio transition solutions for our business partners that result in positive outcomes for Fidelity investment products and clients. We are part of Fidelity Fund and Investment Operations (FFIO), and collaborate with investment operations, trading, compliance, legal, and oversight teams across all Fidelity asset management divisions to bring new products and services to our customers. We foster a culture of quality while embracing pace over perfection when implementing new investment products and capabilities across the Fidelity ecosystem. Global Product Solutions teams view investment and operations challenges as opportunities and enjoy designing client on-boarding and transition strategies that minimize portfolio disruption and transactions costs while improving the customer experience.
The base salary range for this position is - 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.