Job Description:
The Role
Do you want an opportunity to join a dynamic team and play a pivotal role in the evolution of Fidelity's Model Portfolio business? Do you have a strategic lens while also being able to focus on execution? Fidelity Institutional (FI) is seeking a Model Portfolios Product Manager to support FI's model portfolio product offering.
You will work as part of a product management team designed to increase usage of existing products, improve all aspects of the products and Advisor experience, and develop new and innovative solutions to satisfy the growing demand of our Advisors.
You will work closely with partners in investment management, distribution, operations, marketing and technology to develop, implement and support the diverse Model Portfolio suite within FI.
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The Expertise and Skills You Bring
- Bachelor's degree required. Progress towards advanced degrees or professional certifications preferred.
- 7-10 years of financial services experience, preferably in product management or product strategy roles; managed account experience preferred
- Project management abilities with a history of successfully driving progress on key initiatives while coordinating and aligning critical dependencies
- Understanding of Fidelity's product capabilities and managed account offerings including Model Portfolios and SMAs
- Understanding of the evolving TAMP landscape and Fintech Marketplace
- Experience working directly with Intermediaries (BDs/RIAs) to understand advisor needs
- Understanding of the operational complexity required to deliver model portfolios in the marketplace
- Strong leadership and problem-solving skills
- 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
- Support strategy and execution of FI's Model Portfolios offering, ensuring our capabilities evolve with industry trends and the investment needs of Advisors.
- Provide ongoing product support including project management, intake request management, backlog prioritization, and ad hoc support for client and distribution needs.
- Drive development and prioritization of the Model's strategic roadmap and key initiatives while influencing roadmaps of cross-company business partners who support the Model's business.
- Act as liaison between investment professionals, distribution channel partners, marketing, operations, technology teams, and LRC.
- Develop business cases for new products and improvements to existing products.
- Develop project plans for building scale and efficiency into the end-to-end model's ecosystem.
- Oversee the alignment of future business needs with technology capabilities.
- Assist in modernizing the investment experience for advisors through Fidelity's own integrated platform experiences, or through working with 3rd party fintech/TAMP platforms.
- Work alongside our investment specialist teams, sales teams and relationship management organization to capture voice of client; used to drive roadmap, product positioning and product development for the Model's business.
The Team
The mission of the model portfolios team is to continue to advance our institutional asset management best thinking to advisors in the intermediary marketplace. We are dedicated to the intermediary and institutional marketplace, broker dealers and financial advisors. We are a gateway to Fidelity's broad and deep institutional investment management products. We are passionate about overall client satisfaction and participation in key initiatives aimed at retaining or gathering new assets are important components to the success of Fidelity Institutional Wealth Adviser (FIWA).
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. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite all business days of every other week in a Fidelity office.
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.