Director, Derivatives and Liquid Alternative Investments Product Manager

Fidelity Investments

$110K — $222K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent in Finance/Accounting with 6-8 years in Derivative or Liquid Alts operations.
  • Advanced knowledge of alternative fund or hedge fund products.
  • In-depth understanding of derivative instruments including Cleared and OTC Swaps, Options, and Futures.
  • Proven experience in product strategy development aligned with business priorities.
  • Strong ability to identify opportunities for operational improvement.

Responsibilities

  • Develop product strategies and deliver effective solutions for derivatives and collateral management.
  • Translate product strategy into actionable backlogs with clear requirements.
  • Collaborate with engineering to design scalable solutions for derivatives processing.
  • Support product implementations, ensuring operational readiness and rollout planning.
  • Measure product performance using established metrics to drive improvement.

Benefits

  • Comprehensive health care coverage and emotional support resources.
  • Market-leading retirement plan.
  • Generous paid time off and parental leave.
  • Employee match program for charitable giving.
  • Educational assistance including tuition reimbursement and student loan repayment resources.
Full Job Description

Job Description:

The Role

Ready to lead product innovation in a vibrant environment? 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). Join us and help craft the future of derivatives operations!

The Expertise and Skills You Bring

  • Bachelor's degree or equivalent experience in Finance/Accounting with at least 6-8 of those years spent in either 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).
  • 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

With proven experience in product management and technology delivery, and strong expertise in derivatives and collateral management, you consistently define strategies and achieve measurable outcomes. You are effective in dynamic settings, crafting strategy and working alongside collaborators to drive progress. Your strong analytical abilities and capability to convert complex topics into actionable work add significant value. You possess excellent communication skills, maintain strong connections with business partners, and have a comprehensive grasp of market impacts on derivatives and collateral.

Note: Fidelitywill not provide immigration sponsorship forthis position.

The Team

We are a dynamic and collaborative team within Fidelity Fund and Investment Operations (FFIO), dedicated to delivering innovative solutions for complex financial instruments and operational capabilities. Our Derivatives and Collateral product area plays a critical role in enabling Fidelity9s asset management business, partnering across investment operations, risk, compliance, technology, and asset management teams. The Liquid Alternatives team plays a vital role in ensuring that FFIO systems can support the full range of financial instruments used by Fidelity9s funds. We develop and build solutions that improve operational efficiency, reduce risk, and enhance client outcomes. We cultivate a culture of innovation, accountability, and continuous improvement. Join us and be a part of driving impactful change across a critical and evolving domain! #FidelityAlts #FFIOAlts

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, candidate9s 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 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.


Certifications:

Category:

Product Management

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