The Role
This role will reside within the PB Optimize Product Management Team. The Product Manager will support the PB Optimize platform with a primary focus on solutioning margin replication, collateral analytics, and stress-based financing workflows. The role blends product ownership, analytical depth, and client facing responsibilities. It requires the ability to collaborate with Risk teams, Technology, Sales, and Account Management, while engaging sophisticated hedge fund clients. This candidate will help drive the evolution of PB Optimize by delivering key product enhancements and contributing to thought leadership in financing technology. The role operates in a fast paced and challenging, competitive environment while supporting a team-oriented culture.
*PB Optimize is aportfolio finance / treasury technology solutionoffered primarily to hedge fundclients of Fidelity Prime ServicesIt initially launched in 2012 and currently services+200clients.
Support the design and enhancement of margin replication capabilities that align withPB Optimize strategic initiatives
Contribute to collateral management workflows and ensureaccurate, transparent margin and exposure outputsfor clients
Monitor and analyze market trends and movementsThis involvesobservingmarket trends and estimating the significance they will have onplatform andclient portfolios.
Respond to changing market conditions by conducting ad-hoc exposure analyses across thehedge fund industry, often at the request of senior management and/or business partners.
Partner withSME’sto ensure the platform reflects real world risk practices and control expectations
Translate business and client requirements into clear product specifications and user stories.
Support roadmap planning and participate in delivery cycles with Technology teams.
Conduct testing andvalidatereleases to ensure improved accuracy, performance, and usability.
Participate in client meetings and discussions, including in person sessions with hedge funds that use PB Optimize for financing and risk workflows.
Gather client feedback andidentifyneeds that guide enhancements and new features.
Assistin presenting product capabilities and explaining risk concepts to sophisticated users.
The Expertise and Skills You Bring
Bachelorsor equivalent with8+ years of experience orMasterswith 3+ years of experience
Prime Brokerageindustry knowledge coupledfamiliaritywith hedge fund trading strategies, financing mechanics, and portfolio risk drivers.
CFA or progress towards CFA preferred
Experience with Agile developmentmethodologypreferred
Strong technical background, particularly with consumer-facing platforms and protocols.
Familiarity with user-interface and information architecture principles
Strong business and data analysis skills
High-energy performer withabilityto be responsive toshiftingbusiness and customer needs
Self-driven and able to manage multiple initiatives end to end in afast pacedsetting
Excellent interpersonal skills, with the ability to createstrong team,internaland customer relationships
Excellent productmanagement and tracking skills
Strong written and verbal communication skills
Strong presentation skillsa plus
Experience with internet platforms, distributed applications,andprotocolsa plus
Experience with Prime Brokerageand securities financetechnologiesa plus
The Team
Fidelity Capital Markets is the institutional trading arm of Fidelity Investments, providing trading products and services to a wide array of clients, including buy-side institutions and hedge funds, as well as to Fidelity’s own businesses. Fidelity Capital Markets offers a suite of electronic brokerage products and execution services across multiple asset classes including equities, fixed income, options, and forex, as well as prime brokerage, securities lending, and municipal and bank issued brokered CD underwriting. Our product coverage includes Equity Block Sales/Trading, Program/Electronic Trading, SAM Trading, International Equity Trading, Prime Brokerage, Soft Dollars, and New Accounts.
Note: Fidelity will not provide immigration sponsorship for this position.
The base salary range for this position is $100,000-185,000 USD per year.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s 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 benefits 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.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Capital Markets Product
Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses we serve. Fidelity’s strength comes from the scale of our diversified, market-leading financial services businesses that serve individuals, families, employers, wealth management firms, and institutions. With assets under administration of $15.0 trillion, including discretionary assets of $5.9 trillion as of March 31, 2025, we focus on meeting the unique needs of a broad and growing customer base. Privately held for 78 years, Fidelity employs more than 77,000 associates across the United States, Ireland, and India.
For our Terms and Conditions, please visit http://go.fidelity.com/LIterms
