The Role
Do you want to make a difference and be part of a highly collaborative, cross-functional team committed to enhancing our account management and asset movement capabilities within Fidelity's Brokerage Technology (FBT) Open & Fund an Account group with the Fidelity’s Fund and Brokerage Operations & Technology (FBOT) business unit?
FBT Account Management and Asset Movement is seeking a highly motivated squad leader within the Open and Fund an Account Product Area.
As a squad leader within Open & Fund, you blend a deep level of expertise with a passion for delivering results. Working closely with squad leaders, chapter leaders, and product area leaders across the product area and other Fidelity businesses, you will bring a Product Owner mindset to define and execute upon strategic Account Opening and Money Movement capabilities. You will maintain a strategic roadmap for your squad that includes fully understood end-to-end outcomes, a well-defined execution plan, clearly identified dependencies, and well-articulated business value.
We follow an Agile development process. In leading your squad, you will ensure that the squad has a clear understanding of the work required, well-refined stories and clear sprint plans, as well as signing off on the squad’s deliverables. You will enable squad members to work iteratively, innovate through testing and experimentation and learn from failures while celebrating success. You are committed to developing your own expertise and knowledge to ensure you bring the latest thinking to your role. Your responsibilities include:
Defining, refining, and communicating the mission of the squad members and other partners to motivate and rally support.
Anticipating, discovering, and prioritizing client needs to serve as the voice of the clients/partners and guide execution of the squad.
Measuring performance through metrics and deliver agreed upon business, technology, and people results.
Providing peer leadership and strategic direction to squad and across the squads/product area/domain.
Inspecting and evaluating progress and removing impediments to making progress.
Defining, presenting, and evaluating results against agreed acceptance criteria to a diverse set of stakeholders.
Making informed trade-off decisions to strike the right balance between quality, cost, and timelines.
The Expertise and Skills You Bring
Bachelor’s degree and 5+ years of relevant work experience within brokerage, customer account, or money movement strongly preferred.
Series 99 licensing or willing to obtain within 120 days of hire.
Proven project management and organizational skills. Agile experience preferred.
Strong sense of ownership and accountability for end-to-end outcomes and delivery of business value.
Demonstrated ability to analyze processes and flows to uncover complexities and interdependencies to influence sequencing and delivery of the product roadmap.
Data focused approach to understanding modernization priorities, translating strategic objectives into action, and prioritizing effectively to improve value delivered.
Strong communication, relationship-building, and collaboration skills, with the ability to explain sophisticated business requirements to technologists, and complex technical concepts to a non-technical audience.
Continuous improvement approach to encourage an Agile way of working.
Capable of leading, influencing, and motivating colleagues without formal authority.
Experience working in highly effective agile engineering teams, driving success through advanced engineering practices.
Intellectually curious and model a culture of learning and coaching.
The Team
The mission of the Open and Fund an Account Product Area is to migrate Account Opening and Money Movement/Transfer of Assets (TOA) capabilities from the mainframe to the cloud, enabling better digital experiences, seamless customer integrations, and improved cost structures. Your partnerships with the Product Area Leader, your peer squad leaders, squad members, as well as the scrum master and chapter leader(s) aligned to your squad will further this mission. By demonstrating and promoting Fidelity and Agile leadership behaviors, you sustain and evolve our innovative Agile culture.
Boston, MA
Fidelity Investments is a privately-owned investment management company that was established in 1946 as a mutual fund company. Fidelity now offers a range of services including fund distribution and investment advice, wealth management, life insurance, retirement services, and securities execution and clearance. It manages equity, fixed income, and balanced mutual funds for individual investors, businesses, financial advisors, and institutional investors.
Based in Boston, Massachusetts, it is one of the largest investment management firms in the United States, with over 26 million customers, $6.5 trillion in total customer assets, and more than $2.4 trillion in global assets under management
History of Fidelity Investments
The Fidelity Fund was established in 1930, a year after the stock market crash of 1929 and before the Great Depression of 1933. The fund continued to operate until 1943 when it was acquired by Boston-based lawyer Edward C. Johnson II. At the time, the fund reported assets under management valued at $3 million. In 1946, Johnson II founded the Fidelity Management and Research Company, now Fidelity Investments, to serve as an investment advisor to the Fidelity Fund. When running the fund, Johnson’s objective was to buy stocks with a potential for growth, and not necessarily blue-chip stocks.
Fidelity Investments Operations
Fidelity Investments operates several businesses, with the main ones being mutual funds and brokerage services. The mutual fund division comprises three divisions – equity, high-income, and fixed income divisions. The company operates Fidelity Contrafund, the largest non-indexed mutual fund in the United States, with over $107.4 billion in assets. Fidelity Investments also owns Fidelity Magellan, which was at one time managed by former CEO and President Ned Johnson. Fidelity Magellan manages assets totaling $15.5 billion.