What are the responsibilities and job description for the Vice President, Advisor Oversight position at Soteriare?
Vice President, Advisor Oversight
The following information provides an overview of the skills, qualities, and qualifications needed for this role.
Apply locations Boston, MA time type Full time posted on Posted 4 Days Ago job requisition id 2103500
Job Description :
Vice President, Advisor Oversight
The Role
The Advisor Oversight Team partners closely with Fidelity’s investment management teams and key stakeholders to identify and mitigate risks associated with the engagement of external investment managers within Fidelity products. The Advisor Oversight Program covers a breadth of asset classes and product structures. The team is looking to add a Vice President to lead the Strategic Advisers Fund Sub-Advisory and SMA programs for public market asset classes. Reporting to the Head of Advisor Oversight, the Vice President, Advisor Oversight will be responsible for the following activities :
- Lead and develop best-in-class manager due diligence and oversight programs
- Seek continuous improvement of the program through the assessment of portfolio manager needs, industry best practices, and process improvement opportunities.
- Chair cross-functional management oversight committees for key program reporting and decision-making. Partners include : Investment Management, Compliance, Legal, Treasurer’s Office, Product, and Operations.
- Manage a team responsible for initial and ongoing operational due diligence and oversight for third-party, public market strategies within Fidelity products and funds.
- Team responsibilities include :
- Lead initial operational due diligence with potential investment advisors to evaluate their control environments and perform a thorough operational risk assessment of the firm and products under consideration.
- Conduct ongoing monitoring activities to identify any material risks across the investment advisors and products, which include, but not limited to, preparing manager scorecards and managing ad hoc events
- Preparation of reports and presentations to senior management and oversight boards.
- Resource planning and budgeting
The Expertise and Skills You Bring
The Team
The Advisor Oversight Team partners closely with Fidelity’s investment management teams and key stakeholders to identify and manage risks associated with the engagement of external advisers within Fidelity investment products. The Advisor Oversight Program covers a breadth of asset classes including public markets and illiquid alternatives. The team provides support and oversight for Fidelity’s products, including registered mutual funds, private funds, and separate accounts. The team interacts frequently with Fidelity portfolio management teams and product development groups, as well as, Fidelity control partners, including Legal, Treasurer’s Office, Compliance, and Operations.
Company Overview
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 complete the application or interview process. Please email us at accommodations@fmr.com or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.
Certifications : Category :
Investment Operations
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.
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