Head of Credit Alternatives Financing Expert

2 weeks ago


Chicago, Illinois, United States Fidelity Investments Full time
Job Summary:

We are seeking an experienced professional to lead Fidelity's Credit Alternatives Financing function. The successful candidate will bring strong subject matter expertise in credit investment products, leverage modelling, third-party negotiations, and will partner with Fidelity's portfolio management, product development, institutional sales, corporate treasury, legal, accounting, investment operations, and oversight functions to build a world-class alternatives business.

Key Responsibilities:
  • Develop and implement a comprehensive strategy for assessing, implementing, and portfolio financing activities in support of Fidelity's Direct Lending (and other relevant) businesses.
  • Establish, manage, and oversee financing structures and leverage facilities for specific product lines, including managing relationships with providers, developing reporting on usage/costs/flows, negotiating terms, onboarding facilities, and assessing provider performance.
  • Work with Fidelity's Product team, internal and external counsel, tax advisors, accounting teams, and other stakeholders on product development, structuring, and ongoing oversight, including financing vehicles, modelling of management fees, carry, anchor terms, and knowledge of various fund structures.
  • Support Fidelity's Sales and Marketing teams on new product benchmarking, business opportunities, client meetings, due diligence activities, and institutional side letter negotiations.
  • Represent investment teams in partnership with investment services, finance, and operations teams to support the day-to-day investments of Fidelity's alternative products, including cash flow forecasting and modelling, optimizing leverage facilities, determining the timing of cash calls, and board and regulatory reporting.
Requirements:
  • 15+ years of financial services experience.
  • CPA, BS/BA Degree; MBA or equivalent graduate degree preferred.
  • Expertise in alternative investment products, including private equity, private credit, and real estate funds.
  • Strong communication and collaboration skills.


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