Principal Business Analyst - Alternative Investments

Fidelity • Boston, MA

12h

About The Position

The Principal Business Analyst supports the onboarding of Private Markets in Fidelity Fund and Investment Operations (FFIO), serving as a conduit between product delivery teams and stakeholders to address the needs of Private Markets structures and requirements. The role works with internal teams, legal, compliance, and other stakeholders to support this line of business and influence systems and architecture solution design based on complex requirements.

The Analyst leads initiatives of diverse scope and complexity and serves as the primary interface between end users, product management, and the systems organization. Responsibilities include assessing complex business requirements with business partners, translating them into effective solutions, and crafting and implementing tests that address business needs and ensure delivery of quality solutions.

The team is implementing Fidelity digital and alternative investment products, responding to new and changing regulations, and building a new technology platform. Fidelity states that its onsite working model is transitioning through a phased rollout, with requirements varying by role and location and subject to change.

Requirements

• Bachelor’s degree, preferably in Business, Finance, Accounting, Information Technology, or Management Information Systems.
• At least 3–5 years of experience in Financial Services, with a strong understanding of private markets, alternative accounting, financial accounting, and/or investment operations.
• Proven experience with Private Equity, Private Debt, and other alternative investment structures.
• Deep understanding of private market structures, including Limited Partnerships, REITs, BDCs, private lending funds, CDOs, and CLOs.
• Strong knowledge of asset management back-office operations, accounting, investment operations, complex fund structures, and derivatives.
• Hands-on experience with FIS InvestOne and SS&C Geneva accounting platforms.
• Ability to analyze complex and ambiguous issues, recommend creative solutions, and present them clearly and concisely.
• Expertise in business analysis methodologies and techniques, including data analysis, use case development, story writing, user acceptance testing, and product documentation.
• Ability to identify relevant data, use it effectively, and interpret its meaning.
• Ability to translate business needs into clear, actionable business and systems requirements.
• Strong written and verbal communication skills, including the ability to communicate clearly and impactfully to influence others.
• Creativity and openness to challenging current practices and recommending improvements to mitigate risks and drive positive change.
• Ability to navigate ambiguity and demonstrate flexibility and adaptability.
• Growth mentality and passion for continuous learning and development.
• Ability to understand application technology and software architecture.
• Excellent planning, organizational, and time-management skills.

Responsibilities

• Support onboarding of Private Markets within Fidelity Fund and Investment Operations.
• Act as a primary interface between end users, product management, and the systems organization.
• Collaborate with business partners to assess complex business requirements and translate them into effective solutions.
• Influence systems and architecture solution design based on complex requirements.
• Lead initiatives with diverse scope and complexity.
• Craft and implement tests that address business needs and help ensure quality delivery to end users.
• Work with internal teams, legal, compliance, and other stakeholders to support the Private Markets line of business.

Benefits

• Comprehensive health care coverage and emotional well-being support.
• Market-leading retirement benefits.
• Generous paid time off and parental leave.
• Charitable giving employee match program.
• Educational assistance, including student loan repayment, tuition reimbursement, and learning resources.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal