Principal Business Analyst - Private Markets & Alternative Investments

Fidelity will not provide immigration sponsorship for this position.

Job Description:

The Role

As a Senior Business Analyst supporting the onboarding and expansion of Private Markets within Fidelity Fund and Investment Operations (FFIO), the candidate will serve as a key subject matter expert for Private Credit and Alternative Investments.  The candidate will partner across Product, Operations, Technology, Fund Accounting, Shareholder Reporting, and external vendors to define business capabilities, operating models, and scalable technology solutions.  They will also translate complex business needs into requirements and support the delivery of a next-generation Private Markets platform.

Key Responsibilities:

• Serve as SME across Private Credit, Direct Lending, Bank Debt, BDCs, CLOs, Private Equity, and related alternative investments.
• Support end-to-end lifecycle activities including trade capture, settlements, position management, accruals, paydowns, corporate actions, restructurings, fund accounting, and investor reporting.
• Lead requirements gathering, process mapping, user stories, acceptance criteria, and operating model design.
• Partner with business and technology stakeholders to identify process improvements and scalable solutions.
• Lead initiatives from concept through implementation and communicate effectively with technical and non-technical audiences.

The Expertise and Skills You Bring

• Bachelor’s degree in Finance, Accounting, Economics, Business, Information Systems, or related field.
• 5+ years of experience in Asset Management, Investment Operations, Fund Accounting, Product Management, or Business Analysis supporting alternative investments.
• Deep knowledge of Private Credit, Bank Debt, Direct Lending, BDCs, CLOs, Private Equity, leveraged loans, syndicated loans, and distressed debt.
• Strong understanding of investment operations, accounting, servicing workflows, and alternative investment operating models.
• Ability to define business capabilities and translate strategic objectives into actionable requirements.
• Strong analytical and problem-solving skills with the ability to navigate ambiguity and influence decision-making across organizations.
• Experience with registered and unregistered investment vehicles including BDCs, interval funds, private funds, and institutional products.
• Extensive experience with Wall Street Office (WSO) and SS&C Geneva.
• Familiarity with InvestOne, loan servicing platforms, reconciliations, workflow tools, integrations, and reporting platforms.
• Experience launching or supporting Private Credit products, BDCs, or alternative investment vehicles.
• Experience implementing or enhancing WSO, Geneva, InvestOne, or similar platforms.
• Knowledge of shareholder reporting, SEC reporting, financial statements, operational controls, and enterprise data architecture.
• Product management or operating model design experience within alternative investments.

The Team

Join a team building the future-state operating and technology platform supporting Fidelity’s growing Alternatives business. Work across Product, Operations, Technology, Accounting, and Architecture teams to deliver scalable solutions supporting Private Credit, CLOs, BDCs, Bank Debt, and Private Equity products.

#FFIOAlts

#FidelityAlts

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $89,000-$180,000 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.

Certifications:

Category:

Product Management