SMA Product Development

Director SMA Product Development

Boston, MA

The Role

The Investment Product Group currently has an open role for a Director of Separately Managed Account Product Development. In this role, you will work on a variety of projects and initiatives in the areas of product strategy, development, management and advocacy for Fidelity’s SMA asset management capabilities. You will partner with the investment teams and distribution channels to play a critical support function for Fidelity’s investment product offerings. Over time, you will contribute to all parts of the product lifecycle including supporting existing products in market.

• Contribute to the long-term investment product roadmap to capitalize on emerging trends and themes
• Understand product design, investment philosophy, process, resources, and results.
• Create and enhance investment content for product positioning and marketing in collaboration with investment teams and marketing.
• Research product development opportunities and help develop business cases to support new product initiatives.
• Support opportunities to reposition or enhance existing products to improve longer-term marketability.
• Participate in cross-team and cross-functional projects taking product vision, client needs, and business value into account.
• Research the competition to generate product ideas and sales tactics.

The Expertise and Skills You Bring

• 7+ years of financial services experience
• Current team members have a range of investment-focused product, consulting, fund research, finance, or client-facing backgrounds.
• Knowledge of and interest in investments with SMA experience highly preferred
• Deep understanding of retail, intermediary, and institutional distribution channels and their specific client needs and competitor sets.
• Strong educational credentials: CFA, MBA or equivalent graduate degree preferred.
• Series 7 & 63 licenses (can be obtained while in role).
• Innovative and strategic problem solver with a passion for investment products and a deep understanding of the evolving competitive environment.
• Proven experience with the development and product management for mutual funds, ETFs, indexes, insurance products, separately managed accounts, and institutional vehicles.
• Highly effective communicator with excellent writing, presentation, and interpersonal skills.
• Exhibits a strong track record of collaborating with others and working effectively in a team environment to meet customer needs and deliver business results.
• Ability to multi-task and prioritize assignments while producing high quality work in a demanding, fast-paced environment.

Note: Fidelity is not providing immigration sponsorship for this position

The Team

The Team

The Investment Product Group is a key component of Fidelity’s asset management business and plays a pivotal role in the company, partnering closely with our investment professionals, 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, and institutional clients.

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.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.