Director, Asset Management Risk (Blockchain & Digital Assets)

Fidelity Investments•Jersey City, NJ

1d•$110,000 - $222,000•Hybrid

About The Position

Blockchain and Digital Assets Risk – Asset Management Note: Fidelity is not providing immigration sponsorship for this position The Role Seeking a highly experienced and visionary Director of Digital Assets Risk to lead risk oversight across the full spectrum of digital asset investment products, tokenized structures, and emerging blockchain‑enabled strategies. In this role, you will define the risk framework, governance model, and control environment that supports the rapid evolution of digital asset strategies across portfolios, funds, and investment platforms. You will provide senior‑level risk expertise across investment, product, trading, operations, legal/compliance, and technology groups—ensuring digital asset innovation is supported by robust risk measurement, due diligence, and oversight. You will help the firm thoughtfully scale its digital asset capabilities while maintaining a resilient, future‑ready risk posture. The Expertise & Skills You Bring Asset Management & Risk Leadership 10+ years of experience in Asset Management risk, investment oversight, portfolio risk, or product risk, with several years at the director or senior leadership level. Deep understanding of how digital assets introduce new considerations into market risk, liquidity risk, valuation risk, counterparty risk, and operational risk. Ability to design and implement risk programs for new product types, evolving market structures, and innovative investment solutions. Digital Asset Domain Expertise Knowledge of tokenized treasury products and digital cash equivalents Experience with digital wrappers for traditional funds Experience evaluating risks in tokenization Ability to assess tokenization mechanics and map them to operational, liquidity, and regulatory risk Expertise analyzing staking models (e.g., delegated, native, validator operations) Understanding of locking periods, slashing risk, validator uptime, liquidity mismatches, and smart contract dependencies. DeFi & Protocol‑Level Knowledge Strong understanding of blockchain architecture, smart-contract design, tokenization standards, and interoperability protocols. Familiarity with DeFi primitives (staking, liquidity pools, lending protocols) and their integration into institutional frameworks. Market Structure & Trading Venues Knowledge Strong knowledge of centralized exchanges, counterparty evaluations, and venue due diligence. Understanding of decentralized market structure, routing, settlement, and on‑chain execution considerations. Risk & Control Expertise for Digital Asset Products Strong grounding in risk assessment frameworks, scenario analysis, controls testing, resiliency evaluations, and incident response for digital assets. Proven capability in conducting third‑party risk assessments of custodians, on‑chain data providers, trading venues, and staking‑as‑a‑service partners Ability to convert complex blockchain mechanics (custody, key management, settlement flows) into operational risk assessments. Regulatory & Compliance Insight Understanding of evolving digital asset regulatory frameworks, including implications for: tokenized funds, stablecoins and yield products, staking services, and digital asset custody Ability to guide teams through regulatory uncertainties and interpret regulatory updates into clear risk guidance. Cross‑Functional Leadership & Communication Skilled at influencing senior leaders across investment management, research, trading, product strategy, operations, legal, compliance, and technology groups. Exceptional communication skills—capable of distilling complex digital asset risk topics into clear, decision‑ready insights for committees and executives. Highly organized, detail‑oriented, and comfortable driving clarity in fast-moving, ambiguous environments. The Team Asset Management Risk provides direction to management and business units in proactively identifying and monitoring risks to protect the interests of the firm. To deliver 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 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. Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Please consult with your recruiter for the specific expectations for this position. Certifications: Category: Risk 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 [email protected], or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact [email protected] For roles based in Germany: Contact [email protected] Fidelity Privacy Policy

Requirements

10+ years of experience in Asset Management risk, investment oversight, portfolio risk, or product risk, with several years at the director or senior leadership level.
Deep understanding of how digital assets introduce new considerations into market risk, liquidity risk, valuation risk, counterparty risk, and operational risk.
Ability to design and implement risk programs for new product types, evolving market structures, and innovative investment solutions.
Knowledge of tokenized treasury products and digital cash equivalents
Experience with digital wrappers for traditional funds
Experience evaluating risks in tokenization
Ability to assess tokenization mechanics and map them to operational, liquidity, and regulatory risk
Expertise analyzing staking models (e.g., delegated, native, validator operations)
Understanding of locking periods, slashing risk, validator uptime, liquidity mismatches, and smart contract dependencies.
Strong understanding of blockchain architecture, smart-contract design, tokenization standards, and interoperability protocols.
Familiarity with DeFi primitives (staking, liquidity pools, lending protocols) and their integration into institutional frameworks.
Strong knowledge of centralized exchanges, counterparty evaluations, and venue due diligence.
Understanding of decentralized market structure, routing, settlement, and on‑chain execution considerations.
Strong grounding in risk assessment frameworks, scenario analysis, controls testing, resiliency evaluations, and incident response for digital assets.
Proven capability in conducting third‑party risk assessments of custodians, on‑chain data providers, trading venues, and staking‑as‑a‑service partners
Ability to convert complex blockchain mechanics (custody, key management, settlement flows) into operational risk assessments.
Understanding of evolving digital asset regulatory frameworks, including implications for: tokenized funds, stablecoins and yield products, staking services, and digital asset custody
Ability to guide teams through regulatory uncertainties and interpret regulatory updates into clear risk guidance.
Skilled at influencing senior leaders across investment management, research, trading, product strategy, operations, legal, compliance, and technology groups.
Exceptional communication skills—capable of distilling complex digital asset risk topics into clear, decision‑ready insights for committees and executives.
Highly organized, detail‑oriented, and comfortable driving clarity in fast-moving, ambiguous environments.