Director, Derivatives and Liquid Alternative Investments Product Manager

fmr· Fidelity Service Company, Inc.
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📍 Westlake, TXFull time

About this role

Fidelity will not provide immigration sponsorship for this position.

Job Description:

NOTE: Fidelity will not provide sponsorship for this position.

The Role

Ready to lead product innovation in a vibrant environment? As the Director, Derivatives and Liquid Alternative Investments Product Manager at Fidelity Investments, you will develop outstanding product strategies and deliver flawless solutions. These efforts will enable new investment products and capabilities, improve operational efficiency, and reduce risk across Fidelity Fund and Investment Operations (FFIO). Join us and help craft the future of derivatives operations!


The Expertise and Skills You Bring

  • Bachelor's degree or equivalent experience in Finance/Accounting with at least 6-8 of those years spent in either Derivative or Liquid Alts middle/back office operations.
  • Advanced knowledge of the alternative fund industry or hedge fund products.
  • Detailed derivative instrument knowledge (including Cleared and OTC Swaps, Options, and Futures).
  • Establishing and refining product strategy and roadmap for derivatives and collateral capabilities, aligned to FFIO and enterprise priorities, and maximizing business value
  • Finding opportunities for continuous improvement through market insights, regulatory developments, operations and business partner needs
  • Translating strategy into a prioritized, refined product backlog with clear requirements, acceptance criteria, and business value
  • Collaborating with engineering and architecture toprovide scalable, resilient solutions supporting derivatives and collateral management processing needs
  • Supporting product implementations, including operational readiness and rollout planning
  • Acting as the voice of the customer and business to ensure technology solutions meet the needs of operations and business partners
  • Making informed trade-off decisions balancing the demands of business partners, cost, and time-to-market
  • Measuring product performance using established metrics aligned to product, business, and technology goals

With proven experience in product management and technology delivery, and strong expertise in derivatives and collateral management, you consistently define strategies and achieve measurable outcomes. You are effective in dynamic settings, crafting strategy and working alongside collaborators to drive progress. Your strong analytical abilities and capability to convert complex topics into actionable work add significant value. You possess excellent communication skills, maintain strong connections with business partners, and have a comprehensive grasp of market impacts on derivatives and collateral.


The Team

We are a dynamic and collaborative team within Fidelity Fund and Investment Operations (FFIO), dedicated to delivering innovative solutions for complex financial instruments and operational capabilities. Our Derivatives and Collateral product area plays a critical role in enabling Fidelity’s asset management business, partnering across investment operations, risk, compliance, technology, and asset management teams. The Liquid Alternatives team plays a vital role in ensuring that FFIO systems can support the full range of financial instruments used by Fidelity’s funds. We develop and build solutions that improve operational efficiency, reduce risk, and enhance client outcomes. We cultivate a culture of innovation, accountability, and continuous improvement. Join us and be a part of driving impactful change across a critical and evolving domain! #FidelityAlts #FFIOAlts

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.

Certifications:

Category:

Product Management

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.

Frequently Asked Questions

Is the salary disclosed for the Director, Derivatives and Liquid Alternative Investments Product Manager position at fmr?
The salary for this Director, Derivatives and Liquid Alternative Investments Product Manager role at fmr is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Director, Derivatives and Liquid Alternative Investments Product Manager position at fmr located?
This Director, Derivatives and Liquid Alternative Investments Product Manager role at fmr is based in Westlake, TX. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Director, Derivatives and Liquid Alternative Investments Product Manager role at fmr full-time or part-time?
This is listed as a Full time position. It is posted as a Director, Derivatives and Liquid Alternative Investments Product Manager role in the Fidelity Service Company, Inc. department at fmr.
Which team or department does the Director, Derivatives and Liquid Alternative Investments Product Manager at fmr belong to?
This Director, Derivatives and Liquid Alternative Investments Product Manager position is part of the Fidelity Service Company, Inc. department at fmr. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Director, Derivatives and Liquid Alternative Investments Product Manager position at fmr?
Click the "Apply Now" button on this page. You will be redirected to fmr's official application portal hosted on workday where you can submit your application directly.
When was the Director, Derivatives and Liquid Alternative Investments Product Manager job at fmr posted?
This Director, Derivatives and Liquid Alternative Investments Product Manager position at fmr was posted on Oct 1, 2026. Apply as soon as possible — early applications are often reviewed first.
Director, Derivatives and Liquid Alternative Investments Product Manager
fmr
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