Senior Manager, Digital Asset Risk Management - job 1 of 2

As a Senior Manager in Digital Asset Risk Management at Fidelity, your key responsibilities include overseeing the fundamental risks associated with our digital assets trading and custody services. You will work closely with business units to establish policies that mitigate risk while supporting product growth. Additionally, you will leverage your analytical skills to conduct risk assessments and enable innovative solutions that align with corporate standards. Your role will also involve collaborating with various stakeholders, including compliance and legal teams, to ensure the proper governance of risk management practices.

To qualify for the role of Senior Manager in Digital Asset Risk Management at Fidelity, candidates should ideally have over seven years of relevant experience in compliance, risk, or audit. A bachelor's degree is required, with a master's degree or MBA being a plus. Strong knowledge of Fidelity's business practices, the ability to establish risk appetite frameworks, and a solid understanding of digital assets, blockchain, and decentralized finance are essential. Proven analytical and problem-solving skills, along with exceptional relationship management capabilities, will also factor in your overall suitability for this role.

A Senior Manager in Digital Asset Risk Management plays a crucial role in product expansion at Fidelity by developing and maintaining a robust risk governance program. This facilitates business growth while safeguarding customer interests. By generating insightful risk assessments and implementing effective control programs, the Senior Manager enables the organization to take calculated risks in launching innovative products aligned with market demands. Your collaboration with business leaders is key to promoting a culture that meets both business objectives and risk tolerance.

Success as a Senior Manager in Digital Asset Risk Management at Fidelity requires a mix of skills and attributes. You'll need strong analytical and critical thinking skills, especially as they relate to data analysis and visualization. Being an independent thinker with a high degree of integrity is vital, and your ability to manage multiple priorities simultaneously is crucial. Having exceptional collaboration and influence skills to effectively communicate with decision-makers is also essential, along with a solid understanding of agile project management principles.

The work culture at Fidelity for a Senior Manager in Digital Asset Risk Management is dynamic and collaborative. Fidelity embraces a hybrid work model, balancing onsite and offsite work to foster teamwork and innovation. The company values a strong work ethic and encourages an atmosphere of open communication and collaboration, where employees are empowered to share ideas that enhance risk management processes. Your contributions will be highly valued as you support initiatives that push Fidelity toward becoming a leader in digital asset services.

When answering this question, provide specific examples of how you've developed risk appetite frameworks in previous roles. Discuss the methodologies you used, stakeholder engagement efforts, and the impact your frameworks had on organizational decision-making. Highlight your ability to communicate complex concepts clearly, and emphasize your analytical skills in assessing risk tolerance.

Show your commitment to continuous learning by discussing the resources you use to stay informed about the blockchain and digital assets landscape. Mention industry publications, webinars, online courses, and professional networks that you engage with, and emphasize how this knowledge enhances your ability to manage risk effectively.

Use the STAR technique (Situation, Task, Action, Result) to structure your response. Provide context for the risk assessment, the specific challenges you faced, the actions you took to analyze the situation, and the positive results that followed, such as improved controls or enhanced business decisions.

Emphasize the importance of building strong cross-functional relationships in risk management. Describe how you facilitate open communication, schedule regular meetings, and create shared goals to align efforts between business leaders, compliance, and legal teams. Highlight how these collaborations contribute to developing robust risk programs.

Discuss the specific tools and software you’re proficient in, such as Excel, Tableau, or specialized risk management software. Explain how you leverage these tools for data analysis and visualization, demonstrating your ability to draw insights that support risk mitigation and business strategy.

Discuss your prioritization strategy, focusing on assessing the potential impact and urgency of each risk. Share an example of when you successfully navigated competing demands, and highlight how strong organizational skills and a critical thinking approach enabled you to manage multiple issues effectively.

Talk about your approach to influencing decentralized decision-making by fostering a culture of shared responsibility and collaboration. Provide examples of how you've successfully motivated team members and stakeholders to contribute to risk management efforts while maintaining their autonomy.

When answering, describe a specific risk you identified and the mitigation strategy you employed. Detail the steps you took, the collaboration involved, and the measurable outcomes that resulted from your actions, such as reduced incidents or improved compliance.

Show your knowledge of Fidelity’s business model and how digital asset services fit within that framework. You can elaborate on their commitment to innovation, customer service, and risk management in introducing new digital asset solutions to institutional clients.

Discuss your analytical approach to dealing with ambiguity in risk scenarios. Explain how you assess information, consider multiple perspectives, and draw on your experience to make informed decisions even when complete data is not available. Highlight your comfort with complex problem-solving.