Alternative Investment Product Manager Jobs (NOW HIRING)

Note: Fidelity is not providing immigration sponsorship for this position.

The Team
The Investment Product Group (IPG) plays a key role in the company, partnering closely with asset management, Fidelity's distribution channels, and the broader organization to deliver a diverse range of investment capabilities and vehicles to meet the needs of retail, intermediary, defined contribution and other institutional clients.

The Role
The Vice President, Credit Alternatives Investment Product will be responsible for leading product strategy, development, management and product advocacy for Fidelity's Credit Alternatives product lineup. This role will be responsible for supporting Fidelity's credit alternatives capabilities including: direct lending, opportunistic credit, private real estate debt, and multi-strategy credit strategies. In this role, this person will also be responsible for managing a team of product managers and developing and executing against the High Income & Alternatives product roadmap.

This role requires strong executive presence with leaders across asset management, distribution channels, product governance, marketing, finance, operations and legal to identify areas of growth and execute against key business priorities.

This individual will be part of IPG's Extended Leadership Team and will report to the Head of Fixed Income and Credit Alternatives Product.

Primary Responsibilities

• Develop and execute the product roadmap for private markets and credit alternatives, including expansion into new credit verticals, structures, and distribution-aligned offerings.

• Drive product innovation by identifying market gaps, evolving investor demand, and emerging risks.

• Engage regularly with IPG peers to ensure alignment of alternative product strategy with broader asset management capabilities, investment views, and platform priorities.

• Communicate frequently with distribution leadership to understand client needs, platform feedback, and competitive developments within the private credit and alternatives marketplace.

• Secure senior level buy in for the launch or enhancement of new credit alternative investment products, ensuring clarity on commercial rationale and strategic fit.

• Partner closely with senior investment leaders overseeing credit alternatives to support investment led product decisions, portfolio design input, and long term platform strategy.

• Support the team across multiple initiatives-market assessments, due diligence workstreams, product design, structuring, and operational readiness-to ensure end to end development and successful execution of alternatives offerings.

• Manage a high functioning product team.

The Expertise and Skills You Bring
We are seeking a dynamic and experienced individual with strong investment product knowledge, a passion for investing, and a deep understanding of the competitive landscape in the retail, intermediary and institutional markets.

• 10+ years of experience in financial services.

• Deep understanding of private markets-particularly credit alternatives-including market trends, product structuring, investor demand, and the evolving competitive landscape.

• Strong command of regulatory, legal, and operational considerations related to private credit and alternative investment structures (e.g., drawdown vehicles, interval/tender funds, SMAs, BDC like structures), ensuring products are designed with scalability and compliance in mind.

• Ability to partner effectively with investment teams, risk, legal, distribution, and operations to ensure product designs are both commercially viable and operationally executable.

• Track record of influencing senior stakeholders and driving decision making in a complex, matrixed environment, balancing strategic vision with disciplined execution.

• Proven ability to spearhead cross functional and multi stakeholder meetings to align priorities, coordinate execution, and ensure the successful development and launch of products.

• Experienced in developing robust business cases, setting strategic direction, and driving execution to deliver against shared organizational goals.

• Strong relationship building, interpersonal, and communication skills, with the ability to influence across all levels of the organization and effectively present complex concepts.

• Ability to innovate, think strategically, and design differentiated investment solutions.

• Commitment to continuous learning, personal development, and fostering growth in team members.

• Dedicated coach and strong developer of talent with a focus on building high performing teams.

• Demonstrated expertise across product positioning, product development, and product strategy.

• Deep understanding of Fidelity's distribution channels, customer needs, and the competitive landscape.

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.

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.