Principal Business Analyst - Alternative Investments

Fidelity Investments • Boston, MA

1d • $89,000 - $180,000

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 requirements of Private Markets structures. The role works with internal teams and interacts with internal stakeholders, legal, compliance, and others. The Analyst represents the Private Markets product and broader FFIO organization, influencing systems and architecture solution design based on complex requirements.

The Analyst leads initiatives of diverse scope and complexity and acts as the primary interface between end users, product management, and the systems organization. They partner with business stakeholders to assess complex requirements and translate them into effective solutions. They also craft and implement tests that address business needs and verify solutions for end users.

The role is part of FFIO, which is implementing new digital and alternative investment products, responding to changing regulations, and adopting a new technology platform.

Requirements

• Bachelor’s degree; preferably in Business, Finance, Accounting, Information Technology, or Management Information Systems.
• 3–5 or more 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 and recommend creative solutions with clear, concise presentations.
• Expertise in business analysis methodologies and techniques, including data analysis, use case development, story writing, user acceptance testing, and product documentation.
• Ability to identify, use, and interpret data.
• Ability to translate business needs into clear, actionable business and systems requirements.
• Strong written and verbal communication skills, with the ability to communicate clearly, concisely, and impactfully to influence others.
• Ability to challenge current practices and recommend improvements to mitigate risks and drive positive change.
• Ability to navigate ambiguous circumstances 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 the onboarding of Private Markets in Fidelity Fund and Investment Operations.
• Serve as a conduit between product delivery teams and stakeholders to address Private Markets product needs and requirements.
• Work with internal teams and interact with internal stakeholders, legal, compliance, and others.
• Represent the Private Markets product and broader FFIO organization, influencing systems and architecture solution design based on complex requirements.
• Lead initiatives with diverse scope and complexity.
• Act as the primary interface between end users, product management, and the systems organization.
• Assess complex business requirements with business partners and translate them into effective solutions.
• Craft and implement tests that address business needs and ensure solutions meet end-user needs.

Benefits

• Comprehensive health care coverage
• Emotional well-being support
• Market-leading retirement benefits
• Generous paid time off
• Parental leave
• Charitable giving employee match program
• Educational assistance, including student loan repayment and tuition reimbursement
• Learning resources to develop your career
• Bonus or other variable compensation, depending on position and eligibility requirements

What This Job Offers

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