Director, Investment Oversight
Note: Fidelity is not providing immigration sponsorship for this position
The Role
In this role you will lead the Investment Oversight Team, ensuring that the assets of Fidelity Charitable, including individual securities, long-only funds, and an array of alternative investments, are invested in a prudent manner and in line with investment policies and guidelines. Further, maintaining adequate liquidity for grantmaking and other obligations is critical to our mission: to grow the American tradition of philanthropy by providing programs that make charitable giving accessible, simple, and effective.
This team provides subject matter expertise and is the primary point of contact for internal cross-functional business partners and for external advisors and donors seeking pertinent information regarding our investment program capabilities, guidelines, and policies.
You will lead, develop and guide a team of 2-3 associates to fulfill the following responsibilities:
Ensure effective and timely execution of oversight responsibilities.
Strengthen existing investment monitoring capabilities and analyses.
Prepare reports and research for Board of Trustees, senior management, and other key constituencies.
Foster strong, collaborative relationships with internal and external stakeholders.
Cultivate a sense of partnership and collaboration while supporting an inclusive and respectful work environment.
Mentor and develop team members to reach their full potential while adhering to Fidelity’s leadership principles.
The Expertise and Skills You Bring
Required
Degree in Finance, Investments, Accounting, or a related field.
10-12 years of experience developing guidelines and monitoring complex, multi-asset investment portfolios.
Experience conducting and evaluating performance measurement and attribution of active managed portfolios.
In-depth understanding of public equities, fixed income, international, and derivatives markets. Understanding of alternative investments and their role in a well-diversified portfolio.
Experience with the creation of investment reporting to senior leadership and boards.
Experience leading a team of successful associates, including mentoring and career development.
Solid understanding of performance measurement, attribution, and evaluation.
Outstanding decision-making and problem resolution skills in a complex, cross-function business environment.
Demonstrated relationship building and influencing capabilities.
Excellent written and oral communication skills.
Strong project-management skills; can think end-to-end about processes and workflows.
Experience re-engineering processes and maintaining detailed documentation.
Preferred
Advanced degree and/or certification, e.g., CFA/CAIA Charter (or progress toward)
Experience with proxy voting and class actions.
Experience with investment management systems such as Morningstar Direct. Bloomberg, BARRA, Aladdin, etc.
The Team
Fidelity Charitable is a public charity that sponsors the largest national donor-advised fund program. Since 1991, Fidelity Charitable has introduced tens of thousands of donors to the benefits — and increased charitable impact — of using a donor-advised fund to meet their philanthropic goals. Fidelity Charitable is governed by an independent Board of Trustees, which has hired Fidelity Investments as the service provider to the charity. Fidelity Investments provides all the charitable organization’s employees and supports all its functions: Program Development, Marketing, Service Delivery, Relationship Management, Finance, Technology, Risk and Compliance, and Fundraising.
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.
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.