Director, Derivatives and Liquid Alternative Investments Product Manager

About 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!

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

Requirements

• Bachelor's degree or equivalent experience in Finance/Accounting
• 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

Skills

• Proven experience in product management and technology delivery
• Strong expertise in derivatives and collateral management
• Ability to define strategies and achieve measurable outcomes
• Effective in dynamic settings, crafting strategy and collaborating with teams
• Strong analytical abilities and capability to convert complex topics into actionable work
• Excellent communication skills and ability to maintain strong connections with business partners
• Comprehensive grasp of market impacts on derivatives and collateral

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 Fidelity’s asset management business, partnering across investment operations, risk, compliance, technology, and asset management teams. The Liquid Alternatives team ensures that FFIO systems support the full range of financial instruments used by Fidelity’s funds. We develop solutions that improve operational efficiency, reduce risk, and enhance client outcomes, fostering a culture of innovation, accountability, and continuous improvement.

Note: Fidelity will not provide immigration sponsorship for this position. This role is transitioning to a full-time onsite working model, with expectations varying by region and role.