Senior Risk Manager

Job Description:Senior Risk Manager – Alternative Accounting RiskAre 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. Fidelity currently has over 40 unique Alternative Products in the market, with another 40+ in the pipeline. FFIO is responsible for providing operational support for these Funds, including Fund Accounting, Shareholder Reporting, Data Governance, and Cash and Position Reconciliation. In addition, FFIO is accountable for meeting fund regulatory and audit obligations (e.g., Sarbanes-Oxley 404 and SOC 1 reporting).Summary of the RoleThe FFIO Risk team partners closely with FFIO Leadership to help FFIO develop a wide range of processes and controls to support these new Alternative Funds, including automation strategies to scale evolving business requirements. The FFIO Director of Alternative Funds Risk will provide strategic leadership to all of FFIO’s work across the Alternative Fund Landscape, including work performed in Westlake, Merrimack, Boston and Dublin Ireland. Specifically, this Director will drive our Alternative Fund Risk support across FFIO, frequently engage with SVP/VP Leaders in FFIO on risk topics related to new product development, and evaluate key risks during product rollout. This individual will also help develop mitigation strategies and assess operational readiness for go-live and direct our Sarbanes-Oxley 404 work across FFIO. Lastly, beyond MVP support, this leader would guide FFIO’s transition to a long-term, integrated risk model and oversee risk management from an end-to-end perspective across the Alternatives platform. The Expertise You HaveBachelors’ Degree required7+ years’ industry experience, including Audit or other Risk Management activitiesUnderstanding of Alternative Investment Products, including partnerships, crypto, direct lending, interval and evergreen funds, etc. Fund accounting and operations knowledge, specifically related to alternative investments, required Other applicable experience (e.g., accounting, real estate, billing, etc.) preferredDemonstrated leadership or project management experienceExcellent verbal and written communication skills with the ability to articulate complexThe Skills You BringUnderstands, supports and can articulate the vision, mission and strategy of RiskThinks strategically and approaches work with an open mind and sense of creativity by challenging current practices and recommending improvements to mitigate risks and drive positive changeWell versed in data analytics capabilities and tools (e.g., Excel, PowerPoint, Tableau); knows when and how to move from sample-based testing to analyzing full populations to surface risk or identify control deficienciesAbility to manage multiple tasks; and provide supervision and direction to less experienced associatesCommunicates clearly, concisely and impactfully in order to influence others; tailors messaging to audienceBuilds strong and inclusive working relationships, in person and virtually, with business partners and colleaguesAdaptable to new information, changing business priorities, input from others, and lessons learnedDemonstrated risk management knowledge and experience, including risk assessment and control evaluation The Value You DeliverThe candidate’s primary responsibility will be providing business unit risk support, including:Proactively engaging with the business and leveraging data to identify risks, provide guidance, execute risk assessments, and perform testing activitiesContinuously analyzing and assess the risk profile of the businessHelping to advance our data analytics strategies and use of digital technologies to support risk assessments and activitiesCollaborating across our Risk team and the Legal, Risk and Compliance group to optimize the Risk Management support provided to the business and advance the effectiveness of our programThe base salary range for this position is $89,000-$150,000 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.Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.Certifications:Category:Risk

Created: 2025-09-29