Private Markets Business Analyst - Alternative Investments

fmr· Fidelity Service Company, Inc.
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📍 Boston, MAFull time💰 USD 89K–180K

About this role

Job Description:

NOTE: Fidelity will not provide sponsorship for this position.

The Role

As a Business Analyst supporting the onboarding of Private Markets in Fidelity Fund and Investment Operations (FFIO), this individual will serve as a vital conduit between the product delivery teams and stakeholders to ensure we meet the differentiated needs of Private Markets structures and requirements. They will work with various internal teams to allow for the efficient functioning of this key line of business in our firm and interact daily with internal stakeholders, legal/compliance, and others. This Analyst will develop a significant internal voice on behalf of the Private Markets product and the broader FFIO organization, influencing systems and architecture solution design based on complex requirements. 

As a member of the team, the Business Analyst leads initiatives with diverse scope and complexity, acting as the primary interface between end users, product management, and the systems organization. Our Analysts collaborate with business partners to assess complex business requirements and translate them into effective solutions. Finally, we support our product team’s dedication to quality by crafting and implementing tests that address business needs and ensure the delivery of solutions to our end users.

The Expertise and Skills You Bring

  • A Bachelor’s degree, preferably in Business, Finance, Accounting, Information Technology, or Management Information Systems

  • 3-5 or more years of experience in Financial Services, with a strong understanding of private markets, Alternative accounting, financial accounting and/or investment operations

  • Proven experience with Private Equity, Private Debt, and other Alternative investment structures

  • Deep understanding of private market structures such as Limited Partnerships, REITs, BDCs, private lending funds, CDOs, and CLOs

  • Strong knowledge of asset management back-office operations, accounting, investment operations, complex fund structures, and derivatives

  • Hands-on experience with FIS InvestOne and SS&C Geneva accounting platforms required.

  • Ability to analyze complex and ambiguous issues, recommending creative solutions with clear and concise presentations 

  • Proven expertise in various business analysis methodologies and techniques, including data analysis, use case development, story writing, user acceptance testing, and product documentation.

  • Affinity for data; where to get it, how to use it, what it means

  • Ability to translate business needs into clear, actionable business and systems requirements.

  • Strong written and verbal communication skills; Communicates clearly, concisely and impactfully to influence others

  • Approaches work with an open mind and sense of creativity by challenging current practices and recommending improvements to mitigate risks and drive positive change

  • Ability to navigate through ambiguous circumstances and demonstrate flexibility and adaptability to keep pace, make progress and bring others along

  • A growth mentality with a passion for continuous learning and development

  • Able to understand the technology and software architecture of an application

  • Excellent planning, organizational, and time management skills

The Team

In Global Product Solutions, we’re on a mission to deliver innovation and exceptional product and program solutions from concept through execution while cultivating our talent. Our team is part of the Fidelity Fund and Investment Operations (FFIO) organization. Doing this in the smartest and most effective way is more important than ever as we are implementing Fidelity’s new digital and alternative investment products, new and changing regulations, and a brand-new technology platform that will transform the way we work.

#FFIOAlts

#FidelityAlts

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 $89,000-$180,000 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:

Product Management

Frequently Asked Questions

What is the salary for the Private Markets Business Analyst - Alternative Investments role at fmr?
The listed salary for this Private Markets Business Analyst - Alternative Investments position at fmr is USD 89K–180K. This is an Full time role.
Where is the Private Markets Business Analyst - Alternative Investments position at fmr located?
This Private Markets Business Analyst - Alternative Investments role at fmr is based in Boston, MA. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Private Markets Business Analyst - Alternative Investments role at fmr full-time or part-time?
This is listed as a Full time position. It is posted as a Private Markets Business Analyst - Alternative Investments role in the Fidelity Service Company, Inc. department at fmr.
Which team or department does the Private Markets Business Analyst - Alternative Investments at fmr belong to?
This Private Markets Business Analyst - Alternative Investments 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 Private Markets Business Analyst - Alternative Investments 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 Private Markets Business Analyst - Alternative Investments job at fmr posted?
This Private Markets Business Analyst - Alternative Investments position at fmr was posted on Sep 14, 2026. Apply as soon as possible — early applications are often reviewed first.
Private Markets Business Analyst - Alternative Investments
fmr · 💰 USD 89K–180K
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