Senior Risk Manager – Alternative Accounting Risk

The Role

Are you passionate about identifying potential risks before they become challenges while supporting business partners build strategies that keep our organization protected? Over the past five years, Fidelity has made a significant investment in developing Alternative Products, with a strong focus on launching new offerings across private equity, private credit, hedge funds, real assets, and emerging digital assets As a Senior Risk Manager – Alternative Accounting Risk, you will provide risk leadership across Fidelity Fund and Investment Operations (FFIO) as the firm continues to grow its Alternatives platform. You will partner closely with FFIO leadership to identify, assess, and mitigate risks related to new product launches, fund operations, regulatory compliance, and operational readiness. This role leads risk activities across global teams, supports Sarbanes‑Oxley 404 requirements, and helps evolve FFIO toward an integrated, end‑to‑end risk model for alternative investments.

The Expertise and Skills You Bring

• Bachelor’s degree and 7+ years of experience in risk management, audit, or related areas

• Strong knowledge of alternative investment products and fund accounting/operations

• Proven leadership or project management experience

• Solid understanding of risk assessment, control evaluation, and regulatory requirements

• Strong data and analytics skills (Excel, PowerPoint, Tableau)

• Clear, confident communicator able to influence senior leaders

• Strategic, adaptable thinker who challenges existing practices and drives improvement

Note: Fidelity is not providing immigration sponsorship for this position

The Team

You will join the FFIO Risk Team, which partners with FFIO leadership and cross‑functional teams (Risk, Legal, Compliance) to enable the safe and scalable growth of Fidelity’s Alternative Products. The team operates globally and plays a critical role in balancing innovation with strong governance and operational resilience.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Please consult with your recruiter for the specific expectations for this position.