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Fmr

155 Seaport Blvd

Director, Operational Due Diligence.

LEADERSHIP$103K–211K/YR
Fidelity will not provide immigration sponsorship for this position. Job Description: The Role Strategic Advisers, LLC (SAI) is seeking a Director, Operational Due Diligence to lead initial due diligence, onboarding, and ongoing oversight of third-party sub-advisers and fund-of-funds managers across public, private, and alternative assets. In this role, you will assess managers' operational risk and control environments, prepare Board and Committee materials, and serve as a key relationship lead for external managers and internal partners. Your work will directly support Fidelity's growth in sub-advised funds, separately managed accounts, private markets and hedge fund offerings. The Value You Deliver Lead initial due diligence efforts for third-party providers in public, private and alternative assets Develop Board and Committee materials in support of initial due diligence presentations, quarterly reviews, brokerage reporting, ongoing monitoring and annual contract renewals Collaborate with key partners and subject matter experts from Compliance, Legal, Risk, Treasurers Office, Finance, Product, Operations and the Investment Team to support the due diligence and oversight process Evaluate control environments of potential investment advisers and managers Provide operational risk assessment of firms and products under consideration Provide effective relationship management for third-party managers and sub-advisors through ongoing engagement and communication Manage implementation activities with internal and external partners Participate in and contribute to governance forums related to due diligence efforts Evaluate and enhance the oversight program, including policies, procedures and controls Up to 25% travel required The Expertise and Skills You Bring Bachelor’s degree required 8+ years of relevant work experience  Broad-based investment industry experience; operational due diligence, compliance, operations, corporate audit, controller is a plus Experience with derivatives, private assets, hedge funds, Business Development Companies (BDCs), limited partnerships, interval, tender offer and fund-of-funds is a plus Proven ability to influence and collaborate with internal and external partners Strong analytical, organizational and problem-solving skills; ability to understand complex issues Demonstrated ability to identify key risks and manage them to resolution Strong project management, relationship management and communication skills Proven ability to simultaneously identify, prioritize and address multiple issues and quickly respond to shifts in priorities Self-starter with high attention to detail and accuracy The Team The Advisor Oversight Team within SAI oversees third-party engagements across the Private Assets and Alternative Investments Programs, Mutual Funds, Separately Managed Accounts, and other Fidelity Asset Management products. We partner closely with Fidelity's investment teams and key stakeholders to identify and manage the risks of engaging external advisers, and we provide risk and oversight guidance on new product initiatives. With the Alternative Investments business growing, we play a central role in the strategic growth of SAI and Fidelity Asset Management. The Group SAI is a registered investment advisor and Fidelity Investments Company that provides investment management services to clients through Fidelity’s retail and institutional distribution channels. For more than 30 years, SAI has specialized in the investment management of managed accounts and other custom solutions to help investors reach their financial goals. With more than $1.4 trillion in assets under management in a blend of Fidelity and third-party investment vehicles, Fidelity’s SAI is a leading provider of managed solutions for retail, workplace, and institutional clients. Fidelity’s Onsite Working Model Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles. The base salary range for this position is $103,000-211,000 USD per year. 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. Certifications: Category: Investment Operations 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 [email protected] Fidelity Privacy Policy
Pay
$103k–211k/yr
Where
155 Seaport Blvd · Boston MA · United States of America
Work
Not stated
Type
Not stated
Posted
2 Nov, 2026
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