Director, Derivatives and Liquid Alternative Investments Product Manager

Fidelity Investments

Brookline, NH(remote)

JOB DETAILS
SALARY
$110,000–$222,000
SKILLS
Accounting, Agile Programming Methodologies, Analysis Skills, Asset Management, Communication Skills, Continuous Improvement, Derivatives, ERISA (Employee Retirement Income Security Act of 1974), Establish Priorities, Finance, Financial Operations, Futures, Hedge Funds, Investment Funds, Investment Management, Investment Services, Marketing/Sales Collateral, Microsoft Exchange Server, Operational Improvement, Operational Strategy, Performance Metrics, Process Improvement, Product Backlog, Product Management, Product Planning, Product Strategy, Product Support, Regulations, Risk, Risk Management, Securities, Securities Investments, State Laws and Regulations, Strategic Planning, Swap Market, Team Player, Technical Delivery, Technical Leadership
LOCATION
Brookline, NH
POSTED
5 days ago

Job Description:

NOTE: Fidelity will not provide sponsorship for this position.

The Role

Ready to lead product innovation in a vibrant environment? As the Director, Derivatives and Liquid Alternative Investments Product Manager at Fidelity Investments, you will develop outstanding product strategies and deliver flawless solutions. These efforts will enable new investment products and capabilities, improve operational efficiency, and reduce risk across Fidelity Fund and Investment Operations (FFIO). Join us and help craft the future of derivatives operations!

The Expertise and Skills You Bring

  • Bachelor's degree or equivalent experience in Finance/Accounting with at least 6-8 of those years spent in either Derivative or Liquid Alts middle/back office operations.
  • Advanced knowledge of the alternative fund industry or hedge fund products.
  • Detailed derivative instrument knowledge (including Cleared and OTC Swaps, Options, and Futures).
  • Establishing and refining product strategy and roadmap for derivatives and collateral capabilities, aligned to FFIO and enterprise priorities, and maximizing business value
  • Finding opportunities for continuous improvement through market insights, regulatory developments, operations and business partner needs
  • Translating strategy into a prioritized, refined product backlog with clear requirements, acceptance criteria, and business value
  • Collaborating with engineering and architecture to provide scalable, resilient solutions supporting derivatives and collateral management processing needs
  • Supporting product implementations, including operational readiness and rollout planning
  • Acting as the voice of the customer and business to ensure technology solutions meet the needs of operations and business partners
  • Making informed trade-off decisions balancing the demands of business partners, cost, and time-to-market
  • Measuring product performance using established metrics aligned to product, business, and technology goals

With proven experience in product management and technology delivery, and strong expertise in derivatives and collateral management, you consistently define strategies and achieve measurable outcomes. You are effective in dynamic settings, crafting strategy and working alongside collaborators to drive progress. Your strong analytical abilities and capability to convert complex topics into actionable work add significant value. You possess excellent communication skills, maintain strong connections with business partners, and have a comprehensive grasp of market impacts on derivatives and collateral.

The Team

We are a dynamic and collaborative team within Fidelity Fund and Investment Operations (FFIO), dedicated to delivering innovative solutions for complex financial instruments and operational capabilities. Our Derivatives and Collateral product area plays a critical role in enabling Fidelity’s asset management business, partnering across investment operations, risk, compliance, technology, and asset management teams. The Liquid Alternatives team plays a vital role in ensuring that FFIO systems can support the full range of financial instruments used by Fidelity’s funds. We develop and build solutions that improve operational efficiency, reduce risk, and enhance client outcomes. We cultivate a culture of innovation, accountability, and continuous improvement. Join us and be a part of driving impactful change across a critical and evolving domain! #FidelityAlts #FFIOAlts

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $110,000-$222,000 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.

Certifications:

Category:

Product Management

About the Company

F

Fidelity Investments

We help over ~40 million people feel more confident in their most important financial goals, manage employee benefit programs for nearly 23,000 businesses, and support more than 3,600 advisory firms* with innovative investment and technology solutions to grow their businesses. Our diverse businesses and independence give us insight into the entire market and the stability needed to think and act for the long term as we deliver value to you.
COMPANY SIZE
10,000 employees or more
INDUSTRY
Banking
FOUNDED
1946
WEBSITE
https://jobs.fidelity.com/