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Director, IT Product Management

Job Description:

As the Squad Leader for Arbitrage & Hedging Solutions Technology, you will be responsible for the technology that supports Fidelity’s growing business in the discretionary liquid alternatives market. You will partner with Portfolio Managers, Traders, Quantitative Analysts, and Investment Service teams to define the tools needed to manage portfolios with derivatives and other alternative investments. You will ensure alignment on the 'what' and 'when' work is to be performed through ongoing planning and prioritization of a product backlog. You will work directly with a team of technology professionals, and enable team members to work iteratively, innovate through testing and experimentation and learn from failures while celebrating success. You are committed to developing your own expertise and knowledge to ensure you bring the latest thinking to your role.

The Expertise and Skills You Bring

  • A bachelor’s degree in Computer Science, Economics, or related field.
  • 3+ years’ experience working directly with Front Office Investment Teams – Portfolio Managers, Traders, or Quantitative Analysts.
  • 8+ years’ experience working in a technology role or related field.
  • Knowledge of relational databases and experience writing complex SQL queries
  • Experience working with derivatives and complex financial instruments.
  • Experience establishing and documenting product roadmaps, backlogs and team priorities.
  • You have a strong focus on execution and identify, communicate, and remove impediments to progress for your teams.
  • You are capable of leading, influencing, and motivating colleagues without formal authority, and have a track record of building high-performing teams.
  • You establish and maintain unquestioning relationships as you work collaboratively across Fidelity to deliver business outcomes and seek out the expertise of colleagues to advise on your approach.
  • You are intellectually curious and model a culture of continuous learning, mentoring, and coaching.
  • You have or are committed to developing a balance of technology and non-technology skills to fully appreciate the broad needs of our customers.

The Team

You work in partnership with the FAMS Investment Product Area Leader, other Product Managers, Scrum Masters, and Technical Leaders aligned to your squad. By demonstrating and promoting Fidelity and leadership behaviors, you sustain and evolve our culture. Your work will directly support the growing Institutional business in Fidelity Asset Management Solutions (FAMS) by enhancing an existing set of processes and developing new capabilities to support the growing demand from Fidelity’s institutional clients.

Certifications:

Category:

Information Technology

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

We welcome those with experience in jobs such as General, General, and General and others in the General to apply.

Average salary estimate

$135000 / YEARLY (est.)
min
max
$120000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director, IT Product Management, Fidelity Investments

As the Director of IT Product Management at Fidelity, you’ll step into an integral role where your leadership will drive the technology behind our Arbitrage & Hedging Solutions within the Discretionary Liquid Alternatives Market. Imagine partnering closely with Portfolio Managers, Traders, Quantitative Analysts, and Investment Service teams, to craft and refine the tools that facilitate the management of portfolios using derivatives and alternative investments. Your ability to effectively plan, prioritize, and communicate the 'what' and 'when' of our projects will ensure we keep pushing forward. You’ll lead a talented tech team, fostering a collaborative environment that embraces iterative work, innovation through testing, and learning from both successes and setbacks. Your commitment to personal growth will enable you to stay ahead in this ever-evolving role. With a solid background in computer science or economics, 3+ years in front office investment teams, and over 8 years in technology-related positions, you'll use your skills in SQL, product roadmaps, and backlog creation to propel your team to new heights. Leading without formal authority, you will cultivate high-performing teams that deliver outstanding business results. Your role at Fidelity not only contributes to our culture but also enhances our support for institutional clients. Join us, and let’s shape the future of investment technology together while embracing a hybrid work environment that balances onsite and offsite experiences for success.

Frequently Asked Questions (FAQs) for Director, IT Product Management Role at Fidelity Investments
What are the key responsibilities of the Director of IT Product Management at Fidelity?

As the Director of IT Product Management at Fidelity, you will oversee the technology that supports the Arbitrage & Hedging Solutions in the discretionary liquid alternatives market. This includes collaborating with investment teams, defining necessary tools for portfolio management, and ensuring clear communication about project priorities and deliverables. You will lead a team focused on iterative work, innovation, and embracing best practices in product management.

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What qualifications are required for the Director of IT Product Management position at Fidelity?

To qualify for the Director of IT Product Management role at Fidelity, you typically need a Bachelor's degree in computer science, economics, or a related field. Moreover, you should have at least 3 years of experience working with front office investment teams, alongside 8 or more years in a technology role. A strong knowledge of SQL, understanding of complex financial instruments, and experience in managing product roadmaps are essential.

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How does Fidelity foster a culture of continuous learning in the Director of IT Product Management role?

Fidelity promotes a culture of continuous learning by encouraging the Director of IT Product Management to develop their expertise actively. You will have opportunities for mentoring, coaching, and collaboration with colleagues across various disciplines. By modeling curiosity and implementing innovative practices, you'll contribute significantly to our team’s growth and the company’s overall success.

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What does the hybrid working model look like for the Director of IT Product Management at Fidelity?

The hybrid working model at Fidelity blends onsite and offsite experiences, requiring most associates, including the Director of IT Product Management, to spend time in the office every other week. This model balances the advantages of in-person collaboration with the flexibility that remote work provides, fostering a dynamic and productive work environment.

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What skills are crucial for success as Director of IT Product Management at Fidelity?

Successful candidates for the Director of IT Product Management role at Fidelity should excel in leadership, communication, and execution. Strong technical skills in database management and product roadmaps are a must. Additionally, the ability to influence and motivate a team without formal authority, combined with a commitment to building relationships and achieving business outcomes, is vital for success.

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Common Interview Questions for Director, IT Product Management
Can you describe your experience with product management in the financial technology sector?

When answering this question, highlight specific projects where you successfully implemented technology solutions. Discuss your role in collaborating with investment teams, managing product backlogs, and how you approached challenges in the fast-paced financial sector.

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How do you prioritize projects within a product backlog?

Outline your method for evaluating project importance, which may include impact on revenue, strategic alignment, and resource availability. Sharing your past experiences with prioritization frameworks can demonstrate your expertise in the role.

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What tools do you prefer for managing teams and ensuring effective communication?

Mention specific project management and communication tools you've used, like JIRA for tracking progress or Slack for team communication. Emphasize the importance of clear documentation and regular check-ins to keep teams aligned.

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How do you ensure your team stays innovative while meeting deadlines?

Discuss how you foster a culture of experimentation and continuous improvement within your team. Share examples of how you encourage team members to propose new ideas and prioritize time for innovation while still meeting critical project timelines.

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What strategies do you employ to resolve conflicts within your team or with stakeholders?

Share your approach to conflict resolution, which could include active listening and facilitating open discussions to find common ground. Providing a concrete example of a conflict you've resolved can illustrate your capability in this area.

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Describe your experience with SQL and how it relates to the role of Director of IT Product Management.

Clearly communicate your SQL proficiency by describing specific scenarios where you’ve written complex queries to derive insights from data. Linking this experience to decision-making regarding product features or team priorities will showcase your technical prowess.

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How do you measure the success of a product in financial technology?

Discuss key performance indicators (KPIs) relevant to financial products, such as client satisfaction, revenue generation, or adoption rates. Explaining how you use data to refine products can demonstrate your analytical skills.

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What is your approach to mentoring and developing team members?

Describe how you support the professional growth of your team, whether through regular feedback sessions, setting career goals, or providing learning opportunities. Illustrating a successful mentorship story can enhance your response.

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What challenges do you foresee in the role of Director of IT Product Management at Fidelity?

Share your insights on industry trends and possible obstacles, like regulatory changes or evolving technology landscapes. Discuss how your risk management strategies could help address these challenges effectively.

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How do you keep your technical knowledge up to date in the rapidly-changing tech landscape?

Talk about your strategies for remaining informed, such as attending conferences, pursuing certifications, or engaging in professional communities. Highlighting specific areas you’re currently exploring can show your willingness to grow.

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MATCH
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TEAM SIZE
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HQ LOCATION
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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 28, 2025

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