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Director, Managed Account Investment Product



Boston, MA, USA
Posted on Tuesday, January 30, 2024

Job Description:

The Role

As key members of the Managed Account Investment Product team we are responsible for partnering with investment and distribution partners to develop, implement and support the diverse set of investment solutions offered by Strategic Advisers. We are fortunate to contribute to Fidelity’s rapidly growing advice business and capabilities with a focus on single asset class, multi-asset class, and multi-account solutions offered to retail, workplace, or institutional investors.

Another important role is to act as liaison between Strategic Advisers investment professionals and key product, sales and service, communications, legal and compliance business partners. In close partnership with Fidelity’s distribution channels, we help to effectively communicate our investment capabilities in terms of clear and powerful value drivers for clients!

In this role you will be part of a diverse, collaborative, and adaptive team tasked with helping grow Fidelity’s advice solutions in the market! We are seeking candidates who like to work in an agile and future-thinking organization which values positive change agents with an unwavering commitment to delivering better outcomes for our customers.

Primary Responsibilities

The responsibilities within Strategic Advisers managed account offerings/capabilities will contribute to several exciting areas of the business.

  • Responsible for a subset of solutions offered by Strategic Advisers – solutions spanning Unified Managed Account (UMA), Unified Managed Household (UMH), Digital, Separately Managed Accounts (SMA), Intermediary-Sold Model solutions, and dedicated funds – which currently represent over three million accounts and greater than $800B in assets
  • Collaborate closely with internal teams to help drive product positioning, product marketing, and product development
  • Lead ongoing project reporting for senior leaders and partner to provide updates on project implementation
  • Essential team member on solution launches by assisting in representing the investment team to communicate the investment process, investment philosophy, portfolio construction, positioning, messaging, and representative training, as well as thought leadership
  • Support development and prioritization of the strategic roadmap while influencing business partners to take action on new initiatives
  • Point-person for the on-going product management of the solutions including ongoing product support in the form of communications and positioning of investment process and methodology, as well as facilitation of client requests/exceptions, reporting/analysis improvements, and ad-hoc channel needs
  • Accountable for crafting and articulating investment solution philosophy, process, resources, and results to internal partners
  • Support distribution teams by answering complex client and prospect inquires related to the investment methodology underpinning our solutions
  • Support further product development efforts related to Retail, Workplace, Institutional platforms, and dedicated funds

The Expertise and Skills You Bring

  • Five (5+) plus years of financial services experience, preferably in product management, product development or product strategy roles
  • Investment and/or Product experience with single-asset class, multi-asset-class, and/or fund solutions including managed accounts
  • Progress towards advanced degrees, relevant professional certifications and/or equivalent(s) strongly preferred
  • Interpersonal skills and the ability to work collaboratively with individuals from different functional areas and varying levels of experience
  • Ability to communicate clearly and concisely in both written and verbal communication, and to logically present sophisticated proposals, issues, and arguments to key partners and senior leaders
  • Analytical and data-driven, with strong organizational abilities and problem-solving skills that can help find creative solutions to complex problems
  • Project management abilities with a history of successfully driving progress on key initiatives while coordinating and aligning critical dependencies
  • Proactive identification of critical issues, potential resolution plans, and quick decisioning
  • Familiarity and comfort with technology concepts and trading architectures for financial services / managed accounts