Job Description

Designs, implements, and enhances an independent bottom-up risk framework to prevent errors, identify issues, and drive remediations for large-scale managed account client portfolios. Combines investment expertise with a high degree of technical proficiency to provide tax-sensitive, customized management of sophisticated investment solutions, including custom multi-account investment management and asset location strategies, optimized participant level portfolios, and unified managed household assets in retail and workplace accounts. Develops tax-aware transition strategies for high-net-worth clients.

Primary Responsibilities:

• Collaborates with business partners to enhance independent bottom-up risk framework for managed account products.
• Provides prototypes and technical design requirements for innovative approaches to monitor and control investment risk and characteristics in a large scale of client portfolios.
• Monitors unintended investment risks in managed account client portfolios.
• Leads the end-to-end issue management process to investigate and mitigate issues that might affect the investment outcomes of managed account clients.
• Creates queries and visuals to provide timely, accurate, and insightful client data analytics to support business partners across the organization.
• Creates hypothetical first trade analysis for prospect client portfolios and manages personalized client portfolios.

Education and Experience

Bachelor’s degree in Computer Science, Engineering, Information Technology, Information Systems, Business Administration, or a closely related field (or foreign education equivalent) and six (6) years of experience as a Vice President, Investment Management (or closely related occupation) monitoring, designing, and implementing risk management solutions for large-scale portfolios of over $200 billion Assets Under Management (AUM) and transactions, within a financial services industry.

Or, alternatively, Master’s degree in Computer Science, Engineering, Information Technology, Information Systems, Business Administration, or a closely related field (or foreign education equivalent) and four (4) years of experience as a Vice President, Investment Management (or closely related occupation) monitoring, designing, and implementing risk management solutions for large-scale portfolios of over $200 billion Assets Under Management (AUM) and transactions, within a financial services industry.

Skills and Knowledge

Candidate must also possess:

• Demonstrated Expertise (“DE”) providing leadership, investment managers, and risk professionals with actionable, data-driven insights using Big Data SQL, Oracle, Snowflake databases management, and Tableau visualization tools.
• DE managing risk and defining Policies and Procedures (P&P) using Confluence; and designing and implementing effective controls and mitigation strategies throughout the investment lifecycle, using KPI Tableau dashboards, Power Automate Email Alerts, SQL Data Querying, and Process Reverse Engineering frameworks.
• DE managing individual client portfolios using multi-portfolio optimization (Axioma); and navigating market fluctuations, capitalizing tax management opportunities, and adapting portfolios based on evolving market conditions and client needs, using Bloomberg Terminal and research reports.
• DE identifying, analyzing, and resolving performance discrepancies, including root cause analysis and developing corrective action plans, using data analysis tools, performance attribution software, and investment management and reporting platforms.

Salary: $166,899.00 - $176,899.00/year.

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Certifications:

Category:

Investment Operations

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.