Senior Risk Manager, Alternative Investments

Company: Fidelity Investments
Location: Weehawken
Posted on: February 17, 2026

Job Description:

Job Description: Senior Risk Manager, Alternative Investments The Risk Assessment and Testing Center of Excellence (CoE) is seeking a passionate and hardworking professional to join the team! You will help drive efficiencies in the testing of controls supporting multiple compliance programs by minimizing redundancy and identifying innovative use cases for leveraging testing. You will personify the Fidelity Leadership Principle 'Thinks and Works across Fidelity' by collaborating with multiple Business Units, Risk, and Compliance groups. The Role We have set standards for performing risk assessments & controls testing and assessing the adequacy and effectiveness of controls, compliance, and governance processes . This position within the CoE team is accountable for maintaining relationships with senior business leaders, leading all aspects of the timely execution of high-quality risk assessments, testing controls, identifying, and mitigating key risks, reporting key performance indicators, and driving innovation. The Senior Risk Manager will also play a key role in leading team initiatives! The Expertise and Skills You Bring Bachelors’ Degree or equivalent with 7 years of experience in the financial industry. Prior experience in financial services, risk management, audit, or compliance. Deep understanding of regulatory requirements applicable to registered investment advisers and registered investment companies. Understanding of alternative investment products, such as direct lending, crypto, and real estate preferred. Knowledge of investment management practices and strategies, particularly within the alternative or digital assets space a plus. Proven problem solving, analytical, organizational, and project management skills. Demonstrated ability to lead working groups and maintain effective working relationships internally with business partners. Thrive in a dynamic organization where priorities shift to respond to business needs. Advanced skills in Microsoft Office suite of applications, including Visio, Excel, and PowerPoint. You are accountable for delivering high quality results in an accurate and timely manner. You are skilled in documenting and maintaining end-to-end process flows. You are a strategic problem-solver who approaches work with an open mind and sense of creativity by challenging current practices and recommending improvements to mitigate risks and drive positive change. You possess the ability to build strong and expansive working relationships with internal business partners to inspire change, improve the efficiency and effectiveness of risk management processes. You have excellent verbal and written communication skills. Conduct in-depth risk assessments and promote a strong control environment by documenting robust risk and control statements, identifying potential regulatory gaps, and making sound recommendations for improvement. Produce working papers that are thorough and succinctly articulate the results of control testing. Work simultaneously on multiple projects and shift accordingly as priorities change. Builds strong and inclusive working relationships, in person and virtually, with business partners and colleagues. Adaptable to new information, changing business priorities, input from others, and lessons learned. Participate in initiatives to improve existing processes within the Risk team and champion an inclusive team environment. Note: Fidelity is not providing immigration sponsorship for this position FidelityAlts The base salary range for this position is $89,000-180,000 USD per year. 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. Certifications: Category: Risk

Keywords: Fidelity Investments, Plainfield , Senior Risk Manager, Alternative Investments, Accounting, Auditing , Weehawken, New Jersey