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Senior Manager - Asset Management Risk

Fidelity

Fidelity

Boston, MA, USA · Merrimack, NH, USA · Jersey City, NJ, USA · Durham, NC, USA · smithfield, ri, usa · Westlake, TX, USA · France
Posted on Dec 6, 2024

Job Description:

Job Description

Senior Manager – Asset Management Risk

Asset Management Risk provides direction to management and business units in proactively identifying and monitoring risks in order to protect the interests of the firm. To execute this goal, Asset Management Risk is responsible for identifying, analyzing, aggregating, and reporting on significant risk events and helping management develop and improve their controls and processes.

The Team and the Position

This role will be part of a team accountable for assisting management with developing and implementing controls related to new products, operational processes, and regulatory requirements. The team will lead targeted assessments and be prepared to make decisions on the design and/or effectiveness of the related control environment. There will be a strong focus on Alternative Products (e.g., credit alternative, private equity and real assets). Additional responsibilities include assisting the Controls Development Director with the development of executive presentations and producing project status reports. To successfully execute these responsibilities, the ideal candidate will possess strong controls-building skills and will have a fundamental understanding of the unique challenges related to Alternative Investment strategies.

The role will work closely with business partners specifically to assess areas of risk and support the department’s goals. The role requires the ability to work effectively with management, strong interpersonal and analytical skills, as well as the ability to prioritize and manage work to completion. The individual will be required to manage multiple projects and deliver high-quality work.

The Expertise You Have

  • Bachelor’s degree required, advanced degree preferred
  • 5-10 years’ experience in financial services or consulting
  • Project management experience
  • In depth knowledge of operational risk management and controls development
  • Knowledge of alternative product requirements and complexities is a plus, but not required

The Skills You Bring

  • A self-starter skilled at operating autonomously to achieve results in a dynamic environment
  • Superb verbal and written communications skills
  • Must thrive in a dynamic and fluid organization where priorities shift to respond to business needs
  • Outstanding relationship management and facilitation skills; customer service orientation
  • Strong collaborator; able to develop and maintain effective working relationships
  • Ability to partner with and influence others across the organization to assist management in achieving objectives
  • Ability to build executive level presentations / visualizations

The Value You Deliver

  • Partner with the Asset Management business groups to evaluate risks and controls associated with the launch of new products, new and changing regulations and new operational requirements
  • Ensure controls are adequately designed, sufficient to mitigate risks and are working as intended
  • Develop comprehensive, dynamic management reporting, including periodic status reports that highlight risks, dependencies and conclusions
  • Establish a strong rapport with the business partners and with management

Company Overview

At Fidelity, we are focused on 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 associate for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com.

The base salary range for this position is $81,000-$137,000 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.

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