Risk Manager - Alternative Investments

Company: Fidelity Investments
Location: Merrimack
Posted on: September 21, 2023

Job Description:

Job Description:
Risk Manager FFIO, RiskThe FFIO, Risk Team within the Fidelity Legal Risk and Compliance group is looking for a passionate, hard-working team member to help support the launch and ongoing support of new alternative products.\u00A0 This will include identifying, monitoring and mitigating risks in order to protect the interests of the firm and our customers. The Risk Manager is responsible for protecting Fidelity s customers and deepening their trust in Fidelity by partnering with the business to identify risks and develop innovative solutions to enhance controls, while fostering a strong risk mindset within the business.\u00A0 To execute this goal, the team is responsible for identifying, assessing, and reporting on significant risks and helping management improve the control environment.\u00A0
The Businesses We Support
Our team provides Business Unit Risk support across Fund Operations groups within Fidelity Fund and Investment Operations (FFIO), with a focus on Alternative Accounting.
\u00A0The Expertise You Have

• Bachelors Degree required
• 5+ years industry experience, including Audit or other Risk Management activities
• Understanding of Alternative Investment Products, including partnerships, crypto, direct lending, interval and evergreen funds, etc.\u00A0
• Fundamental knowledge of alternative product requirements and complexities
• Fund accounting and operations knowledge, specifically related to alternative investments, required\u00A0
• Demonstrated leadership or project management experience\u00A0
• Excellent verbal and written communication skills with the ability to articulate complex information\u00A0\u00A0The Skills You Bring
  • Understands, supports and can articulate the vision, mission and strategy of Risk
  • Thinks strategically and approaches work with an open mind and sense of creativity by challenging current practices and recommending improvements to mitigate risks and drive positive change
  • Well versed in data analytics capabilities and tools (e.g., Excel, PowerPoint, Tableau);\u00A0knows when and how to move from sample-based testing to analyzing\u00A0full populations to surface risk or identify control deficiencies
  • Ability to prioritize and manage multiple tasks, and shift focus quickly based on risk/business need
  • Communicates clearly, concisely and impactfully in order to influence others; tailors messaging to audience
  • Builds strong and inclusive working relationships, in person and virtually, with business partners and colleagues
  • Adaptable to new information, changing business priorities, input from others, and lessons learned
  • Demonstrated risk management knowledge and experience, including risk assessment and control evaluation\u00A0
    The Value You Deliver The candidate s primary responsibility will be providing business unit risk support, including:
    • Proactively engaging with the business and leveraging data to identify risks, provide guidance, execute risk assessments, and perform testing activities
    • Continuously analyzing and assess the risk profile of the business
    • Helping to advance our data analytics strategies and use of digital technologies to support risk assessments and activities
    • Collaborating across our Risk team and the Legal, Risk and Compliance group to optimize the Risk Management support provided to the business and advance the effectiveness of our program
      about legal, risk, and compliance at Fidelity.
      #RiskJobs
      Company Overview\u00A0At 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 associate 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 complete the application or interview process. Please email us at or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.Certifications:
      Company OverviewFidelity Investments is a privately held company with a mission -to strengthen the financial well-being of our clients. -We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.Join UsAt Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a -, we have been recognized by our employees as a Best Place to Work in 2023. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we re calling \u201C\u201D. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.We invite you to -Find Your Fidelity -at -.Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.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, contact the HR Accommodation Team by sending an email to -, or by calling 800-835-5099, prompt 2, option 3.At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

Keywords: Fidelity Investments, New England , Risk Manager - Alternative Investments, Executive , Merrimack, Northeast