Risk Manager - Alternative Investments Controls

Boston, MA, United States

Risk Manager - Alternative Investments Controls page is loaded Risk Manager - Alternative Investments Controls Apply locations Westlake, TX Boston, MA Merrimack, NH time type Full time posted on Posted 2 Days Ago job requisition id 2092708 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: Category: Risk Fidelity’s working model blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).

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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 participate in the application or interview process. To initiate a request for an accommodation please contact the following:

For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to [email protected], or by calling 800-835-5099, prompt 2, option 2

For roles based in Ireland: Contact [email protected]

For roles based in Germany: Contact A [email protected]

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