What are the responsibilities and job description for the Director, Alternative Investment Product Management position at Fidelity Investments?
Job Description : The Role
Do you want to make a difference in our customers' lives and help investors reach their financial goals? Fidelity is committed to enabling investors to achieve better outcomes, by incorporating alternative investments into their portfolios. Since 2020, alternative investments through the RIA and BD channels at Fidelity have more than doubled in assets. As part of the Alternative Investment Product Team, you will help enable RIA and Broker-Dealer clients access to alternative investment strategies and to grow our leading platform, which consists of both Fidelity and unaffiliated third-party funds.
- Knowledge of alternative investment strategies and structures, including private equity, real assets, credit, hedge, and liquid alternatives
- Experience within the private wealth channel including the Registered Investment Advisor and / or Independent Broker Dealer channels
- Outstanding product and project management skills
- Experience managing day to day aspects of business-to-business relationships; Experience working with asset managers and technology platforms is a plus
- Collaborating with internal business partners to develop product strategy and support the launch of new products, solutions, or capabilities
The Expertise and Skills You Bring
The Team
The Alternative Investment Product team owns the product and platform solutions made available to Fidelity RIA and Broker Dealer clients and has shared responsibility for supporting the growth of Fidelity's own alternative investment capabilities. The role will work closely with key business partners to execute the platform strategy, supports day-to-day relationships with third party platforms, and will help efforts to launch Fidelity's proprietary alternative investment capabilities. Internally, the role will work closely with Product, Operations, Go-to-Market, Risk, Legal and client-facing teams.
The base salary range for this position is $100,000-$169,000 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.
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.
Certifications : Series 07 - FINRA
Category : Product Management
Salary : $100,000 - $169,000
