The Role
Are you passionate about identifying potential risks before they become challenges while supporting business partners build strategies that keep our organization protected? Over the past five years, Fidelity has made a significant investment in developing Alternative Products, with a strong focus on launching new offerings across private equity, private credit, hedge funds, real assets, and emerging digital assets As a Senior Risk Manager – Alternative Accounting Risk, you will provide risk leadership across Fidelity Fund and Investment Operations (FFIO) as the firm continues to grow its Alternatives platform. You will partner closely with FFIO leadership to identify, assess, and mitigate risks related to new product launches, fund operations, regulatory compliance, and operational readiness. This role leads risk activities across global teams, supports Sarbanes‑Oxley 404 requirements, and helps evolve FFIO toward an integrated, end‑to‑end risk model for alternative investments.
The Expertise and Skills You Bring
Bachelor’s degree and 7+ years of experience in risk management, audit, or related areas
Strong knowledge of alternative investment products and fund accounting/operations
Proven leadership or project management experience
Solid understanding of risk assessment, control evaluation, and regulatory requirements
Strong data and analytics skills (Excel, PowerPoint, Tableau)
Clear, confident communicator able to influence senior leaders
Strategic, adaptable thinker who challenges existing practices and drives improvement
Note: Fidelity is not providing immigration sponsorship for this position
The Team
You will join the FFIO Risk Team, which partners with FFIO leadership and cross‑functional teams (Risk, Legal, Compliance) to enable the safe and scalable growth of Fidelity’s Alternative Products. The team operates globally and plays a critical role in balancing innovation with strong governance and operational resilience.
The base salary range for this position is $89,000-$180,000 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.
Certifications:Category:RiskSkills Required
- Bachelor's degree
- 7+ years of experience in risk management, audit, or related areas
- Strong knowledge of alternative investment products and fund accounting/operations
- Proven leadership or project management experience
- Solid understanding of risk assessment, control evaluation, and regulatory requirements
- Experience supporting Sarbanes-Oxley (SOX) 404 requirements
- Strong data and analytics skills (Excel, PowerPoint, Tableau)
- Clear, confident communication skills with ability to influence senior leaders
- Strategic, adaptable mindset with process improvement orientation
Fidelity Investments Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.
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Strong & Reliable Incentives — Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
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Retirement Support — A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
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Parental & Family Support — Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.
Fidelity Investments Insights
What We Do
At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.
