Risk Manager – Alternative Investments Controls

Job Description:

The FFIO Risk Team is looking for a passionate, hard-working team member to help support the launch and ongoing support of new alternative products and related Sarbanes-Oxley Act Section 404 (SOX 404) compliance requirements.  This will include identifying, monitoring, and mitigating risks in order to protect the interests of the firm and our customers. The Risk Manager is responsible for protecting Fidelity’s customers and deepening their trust in Fidelity by partnering with the business to identify risks and develop innovative solutions to enhance controls, while fostering a strong risk mindset within the business.  To execute this goal, the team is responsible for identifying, assessing, and reporting on significant risks and helping management improve the control environment. 

The Team

Our team provides Business Unit Risk support across Fund Operations groups within Fidelity Fund and Investment Operations (FFIO), with a focus on Alternative Accounting.

This role is part of a larger Risk team that supports the other groups within FFIO, as well as a variety of Fidelity’s Corporate Functions, including Fidelity Real Estate Company (FREC), Corporate Accounting, Corporate Treasury, Procurement, and Enterprise HR.   

 The Expertise and Skills You Bring

• Bachelors’ Degree required
• 5+ years’ industry experience, including Audit or other Risk Management activities
• Subject matter expertise in Sarbanes-Oxley Act Section 404 (SOX 404), required
• Understanding of Alternative Investment Products, including partnerships, crypto, direct lending, interval and evergreen funds, etc. , preferred
• Fundamental knowledge of alternative product requirements and complexities, preferred
• Fund accounting and operations knowledge, specifically related to alternative investments, preferred
• Demonstrated leadership or project management experience 
• Excellent verbal and written communication skills with the ability to articulate complex information  
• Understands, supports and can articulate the vision, mission and strategy of Risk
• An understanding of SOX 404 requirements and ability to manage a maturing SOX 404 program
• Thinks 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 change
• Well 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 deficiencies
• Ability to prioritize and manage multiple tasks, and shift focus quickly based on risk/business need
• Communicates clearly, concisely and impactfully in order to influence others; tailors messaging to audience
• Builds strong and inclusive working relationships, in person and virtually, with business partners and colleagues
• Adaptable to new information, changing business priorities, input from others, and lessons learned
• Demonstrated risk management knowledge and experience, including risk assessment and control evaluation 

The Value You Deliver

The candidate’s primary responsibility will be providing business unit risk support, including:

• Engaging with and supporting the SOX 404 program
• Proactively engaging with the business and leveraging data to identify risks, provide guidance, execute risk assessments, and perform testing activities
• Continuously analyzing and assess the risk profile of the business
• Helping to advance our data analytics strategies and use of digital technologies to support risk assessments and activities
• Collaborating 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 program

Certifications: