Senior Manager, Advisor Oversight - Alternative Investments

Senior Manager, Advisor Oversight Alternative Investments

Strategic Advisers' Advisor Oversight Team partners closely with Fidelity's investment management teams and key stakeholders to identify and mitigate risks associated with the engagement of external advisers within Fidelity investment products. The Advisor Oversight Program covers a breadth of asset classes and product structures. The team is looking to add a Senior Manager to support the Alternative Investment component of the program. Alternative Investments include private equity, private credit, private real assets (real estate and infrastructure) and hedge funds. Reporting to the Vice President, Advisor Oversight Alternative Investments the individual will be responsible for the following activities :

• Work with the team to support the development of a best-in-class Alternative Investment due diligence and oversight program covering all private asset classes, hedge fund strategies and structures.
• Create Board and Committee material to support cross-functional program reporting and decision making for the Alternative Investment boards, committees and workgroups. Key partners include : Investment Management, Compliance, Legal, Risk, Treasurers Office, Product, and Operations.
• Participate in initial and ongoing operational due diligence and oversight for funds and programs investing in alternative investment and private asset strategies; and investment advisors managing alternatives products and funds.
• Evaluate control environments of potential investment advisors and managers.
• Provide operational risk assessment of firms and products under consideration.
• Seek to identify opportunities for improvements in program and processes through technology solutions and / or process efficiency gains.
• Team responsibilities include : Participate in initial operational due diligence with potential investment advisors and managers to evaluate their control environments and perform a thorough operational risk assessment of the firm and products under consideration.
• Conduct ongoing monitoring activities to identify any material risks across the investment advisors and products, which include, but not limited to, coordination of the periodic questionnaire distribution and review across departments, oversight and assistance with collection and review of documents as needed.
• Prepare reports and presentations used to support board, senior management, committee and stakeholder meetings.

The Expertise and Skills You Bring

The Advisor Oversight Team partners closely with Fidelity's investment management teams and key stakeholders to identify and manage risks associated with the engagement of external advisers within Fidelity investment products. The Advisor Oversight Program covers a breadth of asset classes and product structures, including the growing Alternative Investment business. The team provides support and oversight of various aspects of Fidelity's registered and private funds and investment advisory services, including liquid alternatives, business development companies, hedge funds, private equity, hybrid funds, and insurance-related products. The team is also responsible for the illiquid manager oversight program. The team interacts frequently with Fidelity portfolio management teams and product development groups as well as Fidelity control partners, including Legal, Treasurer's Office, Risk, and Operations.

Note : Fidelity is not providing immigration sponsorship for this position.