Note: Fidelity will not provide immigration sponsorship for this position
The Vice President of Alternative Investments Risk Management is a senior leadership role responsible for establishing, enhancing, and overseeing the risk management framework across a broad range of alternative investment strategies. This leader will manage a team of risk professionals and partner closely with investment, product, treasury, finance, operations, and technology leaders to provide independent risk oversight, analytics, and strategic guidance.
The role supports a diverse portfolio of liquid and illiquid alternative investments, including hedge funds and liquid alternatives, private equity, private credit, venture capital, structured credit, real estate, digital assets, and derivative-based strategies. The successful candidate will leverage advanced analytics, stress testing, scenario analysis, and emerging technologies to assess portfolio risks, identify emerging issues, strengthen decision-making, and support strategic business initiatives.
The Expertise and Skills You Bring
- Bachelor's degree or equivalent experience in Finance, Economics, Mathematics, Statistics, Computer Science, or a related discipline; advanced degree and/or CFA, CAIA, FRM, or similar designation preferred
- 15+ years of experience in investment risk management, quantitative analytics, alternative investments, or related disciplines, including leadership experience
- Expertise across alternative investment strategies, including hedge funds, private equity, private credit, venture capital, structured credit, real estate, digital assets, and derivatives
- Deep understanding of market, credit, liquidity, valuation, operational, concentration, and counterparty risks
- Experience evaluating portfolio exposures, leverage, liquidity, factor sensitivities, private asset valuations, and tail-risk scenarios
- Strong knowledge of risk methodologies, including stress testing, scenario analysis, factor analysis, liquidity assessment, and portfolio risk modeling
- Experience developing and enhancing risk frameworks, governance processes, reporting, controls, and risk oversight programs
- Familiarity with platforms such as Aladdin, MSCI RiskManager, BarraOne, Bloomberg, S&P Global, Intex, or similar risk and analytics tools
- Strong technical and analytical capabilities, including Python, SQL, data visualization tools, and large financial datasets
- Ability to communicate complex risk concepts and influence investment professionals, executives, and governance committees
- Proven ability to lead high-performing teams, build strong cross-functional partnerships, and drive strategic initiatives across investments, finance, operations, treasury, and technology
- Intellectual curiosity, sound judgment, and a passion for innovation, continuous improvement, and talent development
- Ownership and ongoing enhancement of the risk management framework
- Identification and oversight of emerging and tail risk exposures
- Support for strategic initiatives, new product development, and business growth opportunities
- Partnership with data science and technology teams to advance risk analytics, infrastructure, and modernization efforts
- Data quality, model governance, and control framework responsibilities
The Team
This team is a part of Fidelity Investment’s Enterprise, Legal, Risk and Compliance group delivering independent investment risk insights and analytics focused upon Alternative Investments to the Asset Management team.
Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
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.
Skills Required
- Bachelor's degree in finance, economics, mathematics, statistics, computer science, or a related quantitative discipline
- 15 or more years of investment risk management, quantitative analytics, or alternative investments experience
- Significant experience leading and developing high-performing risk professionals
- Deep expertise across liquid and illiquid alternative investment strategies
- Extensive knowledge of market, credit, liquidity, valuation, concentration, arbitrage, collateral, structural, and operational risks
- Strong understanding of financing structures, OTC derivatives, leverage facilities, asset-backed securities, structured products, and complex legal entity structures
- Advanced knowledge of portfolio risk modeling, factor models, stress testing, scenario analysis, Monte Carlo simulations, liquidity modeling, and tail-risk assessment
- Experience evaluating private asset valuation methodologies and associated risks
- Strong understanding of quantitative risk frameworks and asset allocation across public and private markets
- Knowledge of LP/GP arrangements, interval funds, tender offer funds, and evergreen investment vehicles
- Experience building and managing enterprise-scale risk reporting and governance processes
- Experience with enterprise risk and performance platforms, including MSCI RiskManager, MSCI BarraOne, Bloomberg, RiskMetrics, IHS Markit, S&P Global, Intex Solutions, or Aladdin
- Advanced technical and analytical skills using SQL, Python, complex financial datasets, data analytics, visualization, business intelligence, and dashboarding tools
- Ability to communicate complex risk concepts to executive leadership, investment committees, portfolio managers, and boards
- Exceptional leadership, mentoring, team development, and retention skills
- Strong quantitative, critical-thinking, problem-solving, communication, presentation, project-management, and organizational skills
- Advanced degree such as MBA, MS, or PhD
- CFA, CAIA, FRM, or another relevant professional designation
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.
