Fidelity Investments Header

Director, PB Optimize Product

Boston, MA
Full-Time

Job Description

Job Description:

The Role

This role will reside within the PB Optimize Product Management Team. The Product Manager will support the PB Optimize platform with a primary focus on solutioning margin replication, collateral analytics, and stress-based financing workflows. The role blends product ownership, analytical depth, and client facing responsibilities. It requires the ability to collaborate with Risk teams, Technology, Sales, and Account Management, while engaging sophisticated hedge fund clients. This candidate will help drive the evolution of PB Optimize by delivering key product enhancements and contributing to thought leadership in financing technology. The role operates in a fast paced and challenging, competitive environment while supporting a team-oriented culture.

* PB Optimize is a portfolio finance / treasury technology solution offered primarily to hedge fund clients of Fidelity Prime Services. It initially launched in 2012 and currently services +200 clients.

  • Support the design and enhancement of margin replication capabilities that align with PB Optimize strategic initiatives

  • Contribute to collateral management workflows and ensure accurate, transparent margin and exposure outputs for clients

  • Monitor and analyze market trends and movements. This involves observing market trends and estimating the significance they will have on platform and client portfolios.

  • Respond to changing market conditions by conducting ad-hoc exposure analyses across the hedge fund industry, often at the request of senior management and/or business partners.

  • Partner with SME's to ensure the platform reflects real world risk practices and control expectations

  • Translate business and client requirements into clear product specifications and user stories.

  • Support roadmap planning and participate in delivery cycles with Technology teams.

  • Conduct testing and validate releases to ensure improved accuracy, performance, and usability.

  • Participate in client meetings and discussions, including in person sessions with hedge funds that use PB Optimize for financing and risk workflows.

  • Gather client feedback and identify needs that guide enhancements and new features.

  • Assist in presenting product capabilities and explaining risk concepts to sophisticated users.

The Expertise and Skills You Bring

  • Bachelors or equivalent with 8+ years of experience or Masters with 3+ years of experience

  • Prime Brokerage industry knowledge coupled familiarity with hedge fund trading strategies, financing mechanics, and portfolio risk drivers.

  • CFA or progress towards CFA preferred

  • Experience with Agile development methodology preferred

  • Strong technical background, particularly with consumer-facing platforms and protocols.

  • Familiarity with user-interface and information architecture principles.

  • Strong business and data analysis skills.

  • High-energy performer with ability to be responsive to shifting business and customer needs.

  • Self-driven and able to manage multiple initiatives end to end in a fast paced setting

  • Excellent interpersonal skills, with the ability to create strong team, internal and customer relationships.

  • Excellent product management and tracking skills.

  • Strong written and verbal communication skills.

  • Strong presentation skills a plus.

  • Experience with internet platforms, distributed applications, and protocols a plus.

  • Experience with Prime Brokerage and securities finance technologies a plus.

The Team

Fidelity Capital Markets is the institutional trading arm of Fidelity Investments, providing trading products and services to a wide array of clients, including buy-side institutions and hedge funds, as well as to Fidelity's own businesses. Fidelity Capital Markets offers a suite of electronic brokerage products and execution services across multiple asset classes including equities, fixed income, options, and forex, as well as prime brokerage, securities lending, and municipal and bank issued brokered CD underwriting. Our product coverage includes Equity Block Sales/Trading, Program/Electronic Trading, SAM Trading, International Equity Trading, Prime Brokerage, Soft Dollars, and New Accounts.

Note: Fidelity will not provide immigration sponsorship for this position.

The base salary range for this position is $100,000-185,000 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.

Certifications:

Category:

Capital Markets ProductPDN-a1f08869-63b0-4b51-82a2-2d88ea3256c1

Job Description:

The Role

This role will reside within the PB Optimize Product Management Team. The Product Manager will support the PB Optimize platform with a primary focus on solutioning margin replication, collateral analytics, and stress-based financing workflows. The role blends product ownership, analytical depth, and client facing responsibilities. It requires the ability to collaborate with Risk teams, Technology, Sales, and Account Management, while engaging sophisticated hedge fund clients. This candidate will help drive the evolution of PB Optimize by delivering key product enhancements and contributing to thought leadership in financing technology. The role operates in a fast paced and challenging, competitive environment while supporting a team-oriented culture.

* PB Optimize is a portfolio finance / treasury technology solution offered primarily to hedge fund clients of Fidelity Prime Services. It initially launched in 2012 and currently services +200 clients.

  • Support the design and enhancement of margin replication capabilities that align with PB Optimize strategic initiatives

  • Contribute to collateral management workflows and ensure accurate, transparent margin and exposure outputs for clients

  • Monitor and analyze market trends and movements. This involves observing market trends and estimating the significance they will have on platform and client portfolios.

  • Respond to changing market conditions by conducting ad-hoc exposure analyses across the hedge fund industry, often at the request of senior management and/or business partners.

  • Partner with SME's to ensure the platform reflects real world risk practices and control expectations

  • Translate business and client requirements into clear product specifications and user stories.

  • Support roadmap planning and participate in delivery cycles with Technology teams.

  • Conduct testing and validate releases to ensure improved accuracy, performance, and usability.

  • Participate in client meetings and discussions, including in person sessions with hedge funds that use PB Optimize for financing and risk workflows.

  • Gather client feedback and identify needs that guide enhancements and new features.

  • Assist in presenting product capabilities and explaining risk concepts to sophisticated users.

The Expertise and Skills You Bring

  • Bachelors or equivalent with 8+ years of experience or Masters with 3+ years of experience

  • Prime Brokerage industry knowledge coupled familiarity with hedge fund trading strategies, financing mechanics, and portfolio risk drivers.

  • CFA or progress towards CFA preferred

  • Experience with Agile development methodology preferred

  • Strong technical background, particularly with consumer-facing platforms and protocols.

  • Familiarity with user-interface and information architecture principles.

  • Strong business and data analysis skills.

  • High-energy performer with ability to be responsive to shifting business and customer needs.

  • Self-driven and able to manage multiple initiatives end to end in a fast paced setting

  • Excellent interpersonal skills, with the ability to create strong team, internal and customer relationships.

  • Excellent product management and tracking skills.

  • Strong written and verbal communication skills.

  • Strong presentation skills a plus.

  • Experience with internet platforms, distributed applications, and protocols a plus.

  • Experience with Prime Brokerage and securities finance technologies a plus.

The Team

Fidelity Capital Markets is the institutional trading arm of Fidelity Investments, providing trading products and services to a wide array of clients, including buy-side institutions and hedge funds, as well as to Fidelity's own businesses. Fidelity Capital Markets offers a suite of electronic brokerage products and execution services across multiple asset classes including equities, fixed income, options, and forex, as well as prime brokerage, securities lending, and municipal and bank issued brokered CD underwriting. Our product coverage includes Equity Block Sales/Trading, Program/Electronic Trading, SAM Trading, International Equity Trading, Prime Brokerage, Soft Dollars, and New Accounts.

Note: Fidelity will not provide immigration sponsorship for this position.

The base salary range for this position is $100,000-185,000 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.

Certifications:

Category:

Capital Markets ProductPDN-a1f08869-63b0-4b51-82a2-2d88ea3256c1

About Fidelity Investments

At Fidelity, since our founding in 1946, we have been dedicated to strengthening and security our clients’ financial well-being through exceptional service and innovative solutions. We empower over ~50 million people to achieve their most important financial goals, manage employee benefit programs for nearly 24,000 businesses, and support more than 16,000 wealth management firms and institutions with cutting-edge investments and technology. Our diverse business portfolio and independence provide us with a comprehensive view of the market and the stability to deliver long-term value for our customers. As the financial industry evolves and customer needs grow more complex, Fidelity continues to reinvent, innovate, and transform to meet the challenges of tomorrow’s financial landscape.
 

*Specifically serviced by our Clearing & Custody team within Fidelity Institutional

 

Fidelity TalentSource, is the in-house temporary staffing provider for Fidelity Investments. Unlike traditional staffing agencies, we are an internal business unit within Fidelity’s Talent Acquisition team, dedicated to recruiting talent from various backgrounds for roles in Fidelity’s regional and investor center locations. Our mission is to help you experience Fidelity’s diverse and inclusive workplace while expanding your skill set and professional network, with the ultimate goal of conversion to full-time employment as part of Fidelity’s long-term strategy. To learn more about temporary positions at Fidelity Investments, visit FidelityTalentSource.com.

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Fidelity Investments
Director, PB Optimize Product
Fidelity Investments
Boston, MA
Jun 4, 2026
Full-time
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