What are the responsibilities and job description for the Director, Alternative Investments position at Fidelity Investments Institutional Operations Company LLC?
Job Description: The Role The Director, Alternatives Investments is a member of the AI Investor Relations team and is accountable for supporting roadmaps across various alternative product portfolios and product structures including Limited Partnerships, REIT, BDCs, Interval Funds and Crypto. In this newly created role, you will work closely with multiple channels across Fidelity on product launches and build processes specific to servicing, record keeping, tax reporting, analytics, and investor communications. Additionally, you will help to drive innovation to ensure the product line continues to meet the evolving needs of our customers. The ideal candidate has deep expertise and knowledge in the alternative investment fund industry, including the operational service aspects of alternatives, and across a wide range of product structures. Refining, improving and driving the service business plans for Fidelity’s alternative fund servicing strategy to improve long-term marketability Providing support to sales and relationship management functions with alternatives subject matter expertise Providing product support to client service functions for client operational queries, sourcing from specialists within the organization as needed Identifying and working with Fidelity channels to remediate product/service gaps, overlaps and deficiencies Acting as a source of knowledge and insight on industry initiatives and plan for long-term product improvements based on emerging market trends and themes Provide line management for day-to-day operations, including leadership via mentorship, feedback on performance, observation and supervision for the management of a team of highly skilled operational associates. The Expertise and Skills You Bring The ideal candidate has deep expertise and knowledge in the alternative investment fund industry, including the operational service aspects of alternatives, and across a wide range of product structures. Bachelors or equivalent with 8 years of financial industry experience Experience managing for performance, analyzing operational data, and driving efficiencies Analytical and strategic mentality, hands on and detail oriented Direct managerial experience highly desired Leads projects and work activities by developing service models to support alternative products, services, processes or technological advancements Provides sophisticated analysis and solves a variety of problems, with functional/process implications across channels, typically of complex scope Makes decisions based on long-term view of trends, issues and business implications Identifies capabilities required for team and develops plan to reduce capability gaps Strategic problem solver with a passion for investment products and a deep understanding of the evolving driven environment The Team An Alternative Investment (AI) is a highly specialized investment vehicle that is tailored to sophisticated, high net-worth investors and are not traded on any public market. Our Alternative Investments group services all Fidelity lines of business and handles end-to-end operations from onboarding of assets, all transactions, reconciliation, and servicing requests. Certifications: Category: Business Analysis Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office. At Fidelity, we are passionate about 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. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact AccommodationsIreland@fmr.com For roles based in Germany: Contact Accommodationsgermany@fmr.com Fidelity Privacy Policy