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

The Senior Manager, Digital Asset Risk Management at Fidelity is responsible for overseeing critical risk management functions related to the digital assets custody and trading platform. This includes establishing a strong risk governance program, leading operational risk assessments, and partnering with business leaders to develop innovative solutions while mitigating risks. Moreover, this role involves the due diligence of clients and liquidity providers, ensuring that controls are in place to protect Fidelity and its customers.

To qualify for the Senior Manager, Digital Asset Risk Management position at Fidelity, candidates should have at least 7 years of related experience in compliance, risk, or audit, with a preference for backgrounds in brokerage or capital markets. A four-year college degree is a must, while a master’s degree or MBA can be advantageous. Strong analytical, organizational, and problem-solving skills are also essential, as is an understanding of digital assets and risk governance frameworks.

Fidelity is committed to fostering a culture of continuous learning and development for its Senior Managers in Digital Asset Risk Management. The company encourages engagement in professional networks, participation in industry conferences, and access to further training and certifications. With a dynamic team focused on innovation and new technologies, you’ll have ample opportunities to broaden your skills and advance your career in a supportive environment.

At Fidelity, Senior Managers in Digital Asset Risk Management enjoy a hybrid working model that balances onsite and offsite experiences. This approach not only strengthens business strategy and team culture but also provides flexibility. Senior Managers typically work in the office every other week, ensuring collaboration and engagement with team members while also enjoying the benefits of remote work.

Success as a Senior Manager, Digital Asset Risk Management at Fidelity hinges on strong analytical and critical thinking skills, the ability to work effectively in challenging environments, and exceptional relationship management abilities. Candidates should also possess a deep understanding of risk management concepts, compliance frameworks, and demonstrate a proactive approach in promoting a risk-aware culture across the organization.

When answering this question, reflect on specific frameworks you’ve worked with, your understanding of their application, and how they helped mitigate risks. It’s beneficial to illustrate your experience with real-world scenarios involving risk appetite or governance that align with Fidelity’s approach.

To answer this effectively, describe your method for identifying and categorizing risk issues based on urgency and impact. Share examples of how you’ve successfully managed competing priorities in previous roles, ensuring that you mention the need for effective communication and adaptability during shifting priorities.

Use the STAR method (Situation, Task, Action, Result) to outline a detailed example of a complex risk issue you faced. Explain what you did to address it, the analysis and collaboration involved, and how your actions positively affected the organization. Highlight problem-solving as a key strength.

Discuss your understanding of how technology, particularly in fintech and blockchain, can enhance risk management practices. Provide insights on data analysis, real-time monitoring, or risk visualization tools that can facilitate better decision-making and improve overall risk governance.

This is an opportunity to showcase your commitment to continuous learning. Mention resources like industry publications, webinars, and professional networks. Highlight any certifications or courses you’re pursuing related to fintech and compliance to demonstrate proactive engagement with industry trends.

Emphasize your interpersonal skills and strategies for building rapport with stakeholders. Provide examples from past experiences where you fostered collaborative working relationships by actively listening, understanding their perspectives, and aligning your risk management goals with their business objectives.

Demonstrate your ability to thrive in ambiguity by discussing how you’d assess the situation, gather data, consult with colleagues, and apply critical thinking to develop a reasonable framework for risk management despite uncertainties. Mention the importance of adaptability in these scenarios.

Detail the elements involved in creating a risk appetite framework, such as alignment with organizational goals, stakeholder engagement, and compliance with regulations. Share how you’ve contributed to such frameworks in your past roles and the importance of clear communication throughout the process.

Share a situation where you had to persuade a team or leadership about a particular risk management approach. Focus on the rationale you presented, the data-backed arguments you used, and the outcome of your influence. This showcases your communication and analytical skills effectively.

Express your awareness of current challenges, such as regulatory changes, evolving technology, and market volatility. Discuss how staying informed and being proactive in strategy development can help address these challenges. Your perspective on these issues will align with the needs of the Senior Manager at Fidelity.