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Senior Manager, Fidelity Alliance Network & Practice Management Solutions

National Financial Services LLC
MA Full Time
POSTED ON 12/14/2024 CLOSED ON 1/21/2025

What are the responsibilities and job description for the Senior Manager, Fidelity Alliance Network & Practice Management Solutions position at National Financial Services LLC?

Job Description: As a Senior Manager, Fidelity Alliance Network & Practice Management Solutions, you will work closely with cross-functional and dedicated partners to manage the Fidelity Alliance Network and support various strategic projects within the Practice Management Programs team. Your core responsibilities will include: Management of the Fidelity Alliance Network: Fidelity Alliance Network is an offering by Fidelity to our institutional clients, providing them access to discounts and special offers on products and services from a curated list of providers experienced in the wealth management industry, as well as discounts and special offers for their end investors. Upon accepting this role, you will first go through an onboarding period where you will inherit the network’s existing structure and protocols from the previous manager. You will learn from this manager the core components and tools to operate the network. You will then gradually manage the network independently, carrying out key areas of responsibility, including but not limited to: Evaluate and select vendors that request to join the network, bringing in relevant SMEs when applicable. Collaborate with internal stakeholders to understand their needs and ensure vendor services meet those requirements. Develop and maintain detailed documentation and client collateral to support and promote the network. Manage contracts and agreements with vendors, working in close partnership with LRCs and other internal processes with precision. Conduct regular reviews and assessments of vendor performance, addressing any issues or concerns promptly. Manage vendor risk, including conducting due diligence and implementing risk mitigation strategies. Develop and implement vendor management policies and procedures Track and report on vendor performance metrics, providing insights and recommendations for improvement. Drive usage and impact via various channels of distribution such as client webpages, internal meetings, etc. Respond to internal inquiries regarding the network providers. Support various strategic projects within the Practice Management Programs team (as capacity permits), example of projects include: Wealth Management Insights Research: Conduct research on various practice management topics to support the broader team’s focus and strategy. Data Analytics: Conduct data analysis to support decision-making and identify trends, patterns, and insights. Operational Process & Program Management: Follow guidelines and instructions to carefully and successfully complete internal processes that support the operations of the business, such as LRC reviews and process checklists. The Expertise and Skills You Bring: BS degree required, MBA desirable. 5 plus years of experience in program management. Excellent communicator, both verbal and written, demonstrating a high degree of professional integrity in all forms of communication. Skilled in managing the operational and logistical aspects of programs, with a strong emphasis on precise execution and attention to detail. Analytical and data-driven. Proficient in PowerPoint and Excel. A great team player. A self-starter with a growth mindset and a “can-do” attitude, thriving in fast-paced and changing environments. Genuinely interested in the world of wealth management, with demonstrated experience in the industry preferred. The Team The Fidelity Client Consulting Team provides consulting and practice management insights to intermediary clients on a range of topics, from business to technology practices. Our mission is to help financial intermediaries thrive by informing their strategy, identifying growth opportunities, improving their scale and efficiency, enhancing customer experience, and delivering insights that drive confidence, clarity, and results. We work with banks, broker-dealers, registered investment advisors, family offices, and other financial intermediaries. Certifications: Category: Program/Project Management 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
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