Senior Manager, Business Strategy

As a Senior Manager, Business Strategy at Fidelity, you'll engage in a variety of key responsibilities, including leading strategic initiatives within the Cash Solutions domain, collaborating with product owners, turning data insights into actionable recommendations, and supporting strategic planning processes. Your role will involve understanding customer needs through research and analysis, evaluating the competitive landscape, and effectively communicating insights to diverse audiences.

To qualify for the Senior Manager, Business Strategy role at Fidelity, you should have a Bachelor’s Degree paired with over 8 years of proven experience, or an MBA or Master’s degree in a quantitative field with at least 6 years of experience focused in strategy or consulting. Strong analytical skills, project management proficiency, and the ability to communicate effectively with senior leadership are essential.

Fidelity’s hybrid working model is designed to blend both onsite and remote work to foster collaboration and maintain the company culture. As a Senior Manager, Business Strategy, you will typically work onsite every other week, ensuring you can engage with your colleagues effectively while also enjoying the flexibility of offsite work.

Success in the Senior Manager, Business Strategy role at Fidelity hinges on a myriad of skills, including strong project management and organizational capabilities, analytical proficiency for distilling insights into engaging narratives, and exemplary interpersonal skills for cross-functional collaboration. An agile mindset is also crucial to navigate the dynamic environment of business strategy.

In the Senior Manager, Business Strategy role at Fidelity, analytics play a critical role in transforming data into insights that inform strategic decisions. You will partner with analytics teams to identify opportunities through data analysis and present your findings in a compelling way to senior leadership, thereby impacting the strategic direction of the Cash Solutions business.

When answering this question, focus on specific projects where you successfully developed strategic plans that aligned with company goals. Highlight your analytical approach, the collaboration with different teams, and how your planning affected organizational outcomes. Providing quantitative metrics can enhance your answer.

Explain your structured approach to problem-solving, which may include identifying the root cause, gathering relevant data, involving stakeholders for diverse perspectives, and formulating solutions based on insights. Discussing a memorable challenge can also provide context for your thought process.

Detail your techniques for effective communication, such as tailoring your presentations to the audience, highlighting key findings, and using storytelling to make data relatable. Mentioning specific tools or methodologies you use can also demonstrate your expertise.

Discuss your prioritization framework, incorporating strategies like time management techniques, delegation, and regular reassessment of project timelines. Showcasing real-life examples where you successfully navigated competing demands can illustrate your capability.

Provide a detailed account of a specific instance where you performed competitive analysis. Talk about your research methods, the variables you took into account, and how your findings influenced your strategic recommendations.

Explain how customer insights are invaluable for informing strategy. Provide examples of how you've gathered insights through surveys or interviews and how you applied those insights to shape strategies that enhanced customer experience.

Share a concrete example of a strategic initiative, focusing on your role, the challenges you encountered, the steps you took to overcome them, and the measurable outcomes. This will showcase your leadership and strategic thinking in action.

Discuss the importance of collaboration and outline your approach, whether through regular meetings, clear communication channels, or cross-functional team projects. Highlight specific instances where fostering collaboration led to successful project outcomes.

Mention specific analytical tools or frameworks you are familiar with, like SWOT analysis, PESTLE analysis, or data visualization tools. Explain how you utilize these tools to extract insights that guide strategy development.

Showcase your industry knowledge by highlighting key trends such as digital transformation, changes in consumer behavior, and regulatory impacts. Discuss how you think these trends will influence strategic planning in the wealth management sector.