Product Lead, Alternatives Private Credit at Fidelity Investments

Merrimack, New Hampshire, United States

Fidelity Investments Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset Management, Private CreditIndustries

Requirements

  • 6+ years’ experience preferred including alternatives products servicing with an asset manager, fund administration firm or custodian
  • Bachelor’s Degree or equivalent experience
  • Advanced knowledge of broad and deep operations of private credit products including bank loans, direct lending and collateralized loans obligations (CLOs) as well as fund structures associated with this segment
  • Strong written and verbal communications skills, with ability to absorb complex information and present it clearly to multiple audiences
  • Ability to grasp sophisticated product features and break them into clear and concise stories with well-defined business value and acceptance criteria
  • CAIA and/or CFA is a plus
  • Agile and Jira experience preferred

Responsibilities

  • Partner with other leaders to influence broader strategic decisions and roadmaps, set the mission, and bring the squad together to execute specific results
  • Ensure respective products or services are available, stable, and meet alternatives market standards
  • Ensure alignment on the “what” and “when” of the work performed by the squad through ongoing planning and prioritization, to enable iterative work, innovation, celebration of successes, and learning from failures
  • Provide critical alternatives subject matter expertise and context to accelerate the product roadmap and target state operating model
  • Maintain and develop own expertise and knowledge in private credit to bring the latest thinking to the role
  • Work in partnership with the Alternatives Product Area Leader, other product area leads, agile squads, chapter leaders, and key stakeholders to define the highest priority work
  • Promote agile and demonstrate Fidelity leadership principles to sustain an innovative agile culture
  • Define, refine, and communicate the team’s mission to squad members and business partners to empower and rally support
  • Anticipate, discover, and prioritize client/partner needs to serve as the voice of the clients and guide squad execution
  • Measure performance through established critical metrics and deliver agreed upon business, technology, and people results
  • Inspect and evaluate progress, and remove impediments for the squad
  • Define, present, and evaluate results against agreed acceptance criteria
  • Make informed trade-off decisions to strike the right balance between quality, cost, and timelines

Skills

Private Credit
Product Leadership
Agile
Squad Leadership
Strategic Planning
Roadmap Development
Operating Model
Stakeholder Management
Performance Metrics
Innovation
Fidelity Leadership Principles

Fidelity Investments

Investment management and financial services provider

About Fidelity Investments

Fidelity Investments offers a range of financial services and tools designed to help individuals manage their investments and stay informed about the markets. Their products include mobile applications and market monitoring tools that provide users with real-time market quotes, news, and trading capabilities. For example, the Fidelity Market Monitor for Glass delivers daily market quotes directly to Google Glass, while the Fidelity app for Windows Phone 8 allows users to access news and trading tools on their mobile devices. Additionally, features like the Watch List Visualization for iPad help users track stock price changes over time using a heatmap. What sets Fidelity apart from its competitors is its focus on integrating new technologies and user-friendly interfaces to enhance the investment experience. The goal of Fidelity Investments is to empower individuals with the information and tools they need to make informed financial decisions.

Boston, MassachusettsHeadquarters
1946Year Founded
$120,238.8MTotal Funding
DEBT_FINANCINGCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Health Insurance
Mental Health Support
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Parental Leave
Student Loan Assistance
Tuition Reimbursement

Risks

Loss of key personnel like Gita Bal may impact Fidelity's research capabilities.
Increased competition from Vanguard's new division could draw clients away from Fidelity.
Potential reputational risk from Bitcoin ETF outflows could affect Fidelity's offerings.

Differentiation

Fidelity Labs offers innovative beta products like Market Monitor for Google Glass.
Fidelity's mobile solutions are available on multiple platforms, including Windows Phone and iPad.
Fidelity's Open Limit Order Visualization provides unique insights into order execution proximity.

Upsides

Increased adoption of wearable tech could boost Fidelity's mobile solutions.
Growing interest in Bitcoin ETFs suggests expansion in Fidelity's digital asset offerings.
Rise of AI could benefit Fidelity's data analytics and AI-driven investment strategies.

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