Director, Derivatives and Liquid Alternative Investments Product Manager

Fidelity•Merrimack, NH

5d•Onsite

About The Position

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). The role requires advanced knowledge of the alternative fund industry or hedge fund products and detailed derivative instrument knowledge (including Cleared and OTC Swaps, Options, and Futures). You will be responsible for establishing and refining product strategy and roadmap for derivatives and collateral capabilities, finding opportunities for continuous improvement, translating strategy into a prioritized product backlog, collaborating with engineering and architecture, supporting product implementations, acting as the voice of the customer, making informed trade-off decisions, and measuring product performance. The team is a dynamic and collaborative group within Fidelity Fund and Investment Operations (FFIO), dedicated to delivering innovative solutions for complex financial instruments and operational capabilities. 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.

Requirements

Bachelor's degree or equivalent experience in Finance/Accounting
At least 6-8 years of experience in 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)
Proven experience in product management and technology delivery
Strong expertise in derivatives and collateral management
Effective in dynamic settings, crafting strategy and working alongside collaborators to drive progress
Strong analytical abilities and capability to convert complex topics into actionable work
Excellent communication skills
Strong connections with business partners
Comprehensive grasp of market impacts on derivatives and collateral

Responsibilities

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