Product Development & Management
Product Area Leader, Stock Plan Services Private Market
- Boston, MA
Salary depends on a variety of factors including location and experience. Your recruiter will discuss with you.
Salary: listed in the job description
or discussed with your recruiter
Job Description:
Fidelity’s Workplace Investing (WI)/Healthcare (HCG) business units help employers offer successful benefit programs to improve their employees’ overall well-being. WI/HCG offers a broad range of integrated financial, health, and benefits solutions and provides innovative technology, strategic collaboration, outstanding service, and an engaging employee experience. WI/HCG is the market leader with ~30% market share serving 26K employer clients & 34M employees and administrating $3.0T in assets.
The Stock Plan Services (SPS) and NQ Deferred Comp (NQDC) Domain exists to focus and deliver upon the needs of our Stock Plan and NQDC Clients and their Participants. The domain focuses on four major tenets in operating principles and design decisions:
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Delivering Customer Value: Listening and adapting to our customers’ (Sponsors and Participants) needs to deliver the best SPS and NQDC experience.
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Enabling Growth: Developing new capabilities to attract prospects and enable us to enter new markets
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Driving Scale and Efficiency: The opportunity to bring value in our market starts with reducing unit costs.
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Diversity and Inclusion: Celebrating differing voices and perspectives in our products and our people.
As the Product Area Leader, SPS Private Market, you blend broad product and portfolio management expertise with an obsession for delivering business partner and/or customer value. You will help set the strategic direction for the Product Area and ensure continued alignment and prioritization in the work being delivered. You will set the vision and strategy within the Private Market Integration Product Area to drive our market expansion into the Private Market. You will work in an agile structure with teams oriented around strategic goals and delivering on our KPIs. As a leader, you will empower these teams, and associates to maximize value delivered through prioritization, creativity, innovation, collaboration, and decision making. By demonstrating and promoting Fidelity and agile leadership behaviors, you will evolve and sustain an innovative agile culture. You will partner with Fidelity Labs on the integration of the Fidelity Private Shares platform into the equity compensation ecosystem. You will help shape the overall Private Market platform strategy from early stage to late-stage support. You are committed to developing your own knowledge to bring the latest thinking to your role and to empower others with that knowledge.
In an agile structure, you be responsible for a group of Squads, Chapter Leaders and COEs around strategic goals, business partner or customer experiences, products or product sets, or platforms. You will lead a team of agile/product leaders who are focused on driving increased value through simplified experiences.
The Expertise You Have
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Proven track record leading multiple, cross-functional teams across various products, customer segments, and technology platforms, in an agile fashion
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Experience engaging with executive and senior (C-suite) internal and external customers and partners
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Experience defining and leading sophisticated products and programs within the domain and across the business
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Financial services experience, with private and public equity administration experience, a plus
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Bachelor’s Degree required; MBA preferred
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15+ years of work experience
The Skills You Bring
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Experienced and inspirational people leader, skilled at setting strategic direction across multiple products, segments, and experiences while empowering, motivating and aligning others to deliver results to achieve that strategy
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Ability to create a psychologically safe culture that drives debate and encourages all levels to challenge each other for the betterment of our business and our clients
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Executive level experience leading the development of broad, complex, innovative solutions and product offerings aligned with and in support of the strategic direction of the organization
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Strong communication, interpersonal and relationship building skills with which you influence and engage externally with customers and internally, across Fidelity and at all levels of the firm
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Passion for developing associates and an ability to attract and retain hard-working individuals and teams, and a proven commitment to diversity and inclusion
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You have a continuous improvement approach, are willing to challenge the status quo and push for new thinking, and enable an agile way of working
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You take a data-focused approach to decision making, in day-to-day leadership and strategic tradeoff analyses
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You have strong resource and financial management competence and successfully establish and maintain alignment with budget commitments
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Familiarity with data integration & technology (e.g., APIs, data exchange technology, future technology direction)
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Dedication to serving our clients and their participants—listening to client’s feedback and driving higher levels of engagement, simplifying their end to end experiences, engaging them in an inclusive manner, and setting them up for better outcomes.
The Value You Deliver
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Advancing and enabling an agile and frictionless organization by showing and encouraging agile behaviors
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Proactively partnering with the SPS & NQDC Leadership Team, other Domain, Product Areas, Chapter Area, COE, and Team leaders to:
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Understand the needs of customers and business partners
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Establish objectives and critical metrics that align with and enable delivery of strategic priorities and measure performance against agreed upon business, technology, financial, and people results
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Evaluate capacity needs and ensure access to and the best utilization of resources through alignment of ongoing prioritization, evolution of the domain mission and customer sentiment and feedback
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Remove impediments to delivering on strategic priorities and value
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Responding to the needs of our customers, and the market, industry, and regulatory changes by continuously evolving and aligning strategic priorities
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Sharing relevant insights, knowledge, and developments across the Domain
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Encouraging continuous learning and development, a growth attitude and increased skill proficiency
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Leading innovative growth strategies as part of Fidelity’s highest critical initiatives and attracting new customers, growing revenue, driving efficiency, and enhancing technology platforms.
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Working with chapter squad leaders to develop technology roadmaps, to drive consistency in use of platforms and APIs to minimize duplication and manage IT costs
Certifications:
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.
Join Us
At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.
Company overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process.
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This is my Fidelity
Benefits that adapt to everything life sends your way
401(k) with company match
Medical, dental, vision and prescription drug coverage
16-week maternity leave & 12-week parental leave
Student loan assistance
Fidelity is invested in you
Committed to Professional Development
At Fidelity, we are constantly adapting to the changing needs of our customers, new technologies, and better ways of working. And we empower our employees to do the same, with an emphasis on developing skills and connections that will help propel you forward in your career while being able to make an impact for Fidelity’s customers around the world.
We offer a wide range of options for professional development including online, in-person, and mentor driven solutions. Special interest and networking groups are also part of our culture of empowerment, personal and professional enrichment, diversity and inclusion, and knowledge sharing.
Continuing Education & Training
- Assess, build, and align your development plan through resources like our skill-building classroom and online courses.
- Video-based training for technology, leadership, management & more.
- Ongoing skills development and coaching opportunities.
- Paid training with a facilitator who is dedicated to your onboarding and will track and evaluate your progress, giving you strategies to improve.
- A range of talent development programs to support career mobility.
Mentoring
- Utilize the skills of experienced leaders to enrich your career.
- Dedicated mentors to help you grow into new areas of Fidelity’s business as you develop new skills.
- An open atmosphere of knowledge sharing and collaboration.
- Opportunities to pay it forward, sharing the knowledge you develop and as you help others define how they want their career to take shape.
Our Commitment to Diversity and Inclusion
"Fidelity believes in, and is committed to, fair and equitable treatment for every associate and customer, and to creating a safe and respectful environment, in which everyone is treated with kindness, compassion and respect." Abby Johnson | Chairman and CEO Fidelity Investments
At Fidelity, we are committed to building an enduring culture of inclusion and belonging that will attract, develop and retain a diverse workforce.
Fidelity’s ten affinity groups are self-organized groups of employees with common interests in areas such as race, ethnicity, gender or sexual orientation, or who share similar interests based on similar sets of experiences.
These Employee Resource Groups and Special Interest Groups are models of inclusion for Fidelity. They’re also a powerful form of engagement and development and can provide a pathway to visible leadership roles. Our affinity groups make a large contribution on the business, helping to ensure our products and services are delivered in a welcoming and equitable environment.
- Over 22K employees participate in an affinity group.
- Over 1,400 affinity group members volunteered for Fidelity Cares in 2020.
- 74% increase in affinity group memberships over the last three years.
Giving Back to Our Communities
Throughout Fidelity, you’ll find a genuine commitment to social responsibility – where we strive to make an impact for customers, while also making an impact on the world.
Fidelity Cares
- Provides associates with opportunities to actively volunteer and share their talents.
- Hosts numerous company-wide volunteer events (in-person and virtual).
- Partners with nonprofit organizations to support our local communities.
- More than 12,000 associates donate time annually – from interns to SVPs.
- Impact includes refurbishing schools, donating books and supplies, and teaching financial literacy.
Fidelity Charitable®
- Created to make it easy for people to support charitable organizations they care about.
- Helped deliver $7.3 billion in donor-recommended grants to charity in 2019.
- Supported more than 300,000 unique charities around the world.
- Since its inception, more than $42 billion has been given to public charities.
