Director - Private Asset Operational Due Diligence and Oversight
4 weeks ago
Job Description:
The Advisor Oversight Team at Fidelity Investments is seeking a Director to support the Private Assets component of the program. This role will involve working closely with investment management teams and key stakeholders to identify and mitigate risks associated with the engagement of external advisers within Fidelity investment products.
The Role:
- Develop a best-in-class Private Asset Manager due diligence and oversight program to support all private assets classes and structures.
- Lead initial and ongoing operational due diligence and oversight for funds investing in private asset products, such as private equity, private debt, and private real estate.
- Evaluate control environments of potential investment advisors and managers.
- Provide operational risk assessment of firms and products under consideration.
Key Responsibilities:
- Develop and implement a comprehensive due diligence and oversight program for private asset managers.
- Conduct thorough operational risk assessments of potential investment advisors and managers.
- Collaborate with cross-functional teams to identify and mitigate risks associated with the engagement of external advisers.
- Develop and maintain relationships with key stakeholders, including investment management teams and external advisers.
Requirements:
- 8+ years of working experience in operational due diligence and oversight.
- Bachelor's degree required.
- Operational Due Diligence experience at a bank, asset allocator, fund of funds, or other investment platform is preferred.
- Strong project management and relationship management skills.
- Excellent verbal, written, and interpersonal communication skills.
About Fidelity Investments:
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.
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