Senior Risk Manager – Alternative Accounting Risk

fmr· FMR LLC
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📍 Westlake, TXFull time💰 USD 89K–180K

About this role

Job Description:

Note: Fidelity is not providing immigration sponsorship for this position

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

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.

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:

Risk

Frequently Asked Questions

What is the salary for the Senior Risk Manager – Alternative Accounting Risk role at fmr?
The listed salary for this Senior Risk Manager – Alternative Accounting Risk position at fmr is USD 89K–180K. This is an Full time role.
Where is the Senior Risk Manager – Alternative Accounting Risk position at fmr located?
This Senior Risk Manager – Alternative Accounting Risk 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 Senior Risk Manager – Alternative Accounting Risk role at fmr full-time or part-time?
This is listed as a Full time position. It is posted as a Senior Risk Manager – Alternative Accounting Risk role in the FMR LLC department at fmr.
Which team or department does the Senior Risk Manager – Alternative Accounting Risk at fmr belong to?
This Senior Risk Manager – Alternative Accounting Risk position is part of the FMR LLC department at fmr. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Senior Risk Manager – Alternative Accounting Risk 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 Senior Risk Manager – Alternative Accounting Risk job at fmr posted?
This Senior Risk Manager – Alternative Accounting Risk position at fmr was posted on Sep 18, 2026. Apply as soon as possible — early applications are often reviewed first.
Senior Risk Manager – Alternative Accounting Risk
fmr · 💰 USD 89K–180K
Apply for this role ↗

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