Director, Valuations & Operations – Fidelity Funds & Alternative Investments

Role Overview

• Own the daily valuation production cycle, ensuring pricing and valuation activities are completed accurately, on time, and in accordance with policy.
• Act as the primary operational decision-maker for valuation issues arising during daily NAV runs, including exception resolution, judgment calls, and escalations.
• Establish clear operational rhythms, handoffs, and coverage models to support consistent execution.
• Monitor daily risk indicators, pricing exceptions, and valuation anomalies, ensuring timely resolution.
• Ensure valuation processes are repeatable, well-controlled, and resilient.
• Lead, coach, and develop multiple valuation teams with accountability for staffing, performance management, and engagement.
• Build a culture of ownership, operational discipline, and continuous improvement.
• Ensure training and readiness for new products and market conditions.
• Provide hands-on leadership during high-pressure situations.
• Embed valuation controls into daily workflows.
• Oversee pricing validation, exception thresholds, and fair value governance.
• Ensure decisions are well-documented and defensible.
• Partner with Risk and Compliance to address findings.
• Proactively assess and mitigate operational risk.
• Drive simplification, automation, and standardization of valuation workflows.
• Partner with Technology and Data teams on system enhancements.
• Lead operational readiness for new instruments.
• Translate valuation policy into executable operating procedures.
• Serve as the primary operational point of contact for valuation matters.
• Communicate clearly on valuation issues and operational impact.
• Escalate issues with defined options and recommendations.
• Represent Valuations in operational forums, audits, and regulatory interactions.

Requirements

• Bachelor’s degree required; MBA or advanced degree strongly preferred.
• Proven financial services operations experience with a focus on execution excellence.
• Extensive financial services experience, including deep exposure to security pricing, valuation controls, and mutual fund operations.
• Proven ability to run a large, time-sensitive daily operation.
• Strong people leadership and decision-making skills.
• Sound judgement and proven ability to manage ambiguity, prioritize multiple demands, and lead teams under pressure in a fast-moving environment.
• Solid understanding of valuation methodologies across asset classes.
• Advanced knowledge of equity, fixed income, derivative, and alternative asset valuation methodologies across US and European markets.
• Demonstrated expertise in derivative valuation and the ability to guide teams through complex, judgment-based pricing decisions.
• Strong analytical, problem-solving, and anomaly-detection skills with the ability to synthesize complex data into clear recommendations.
• Exceptional communication skills, including the ability to influence senior stakeholders and deliver high-impact presentations.
• Strong mentorship capabilities, and the ability to cultivate a highly engaged, inclusive, and high-performance culture.

Benefits

• Health insurance
• 401(k) matching
• Professional development opportunities
• Remote work options