Overview
Director, Valuations & Operations Fidelity Funds & Alternative Investments Jobs in Derry, USA at Fidelity Investments
Position: Director, Valuations & Operations for Fidelity Funds & Alternative Investments
Job Description:
The Role
We are seeking a Director of Valuations who will be a senior operations leader responsible for running the daily valuation operation and ensuring consistent, timely, and well-controlled security pricing across Fidelity’s full suite of products. This role is accountable for day-to-day governance, personnel leadership, operational decision-making, control adherence, workflow execution and control discipline supporting daily NAV production and full support for the funds’ certification.
You will lead multiple valuation teams responsible for the daily pricing and valuation of equities, fixed income, alternatives, and complex derivative instruments. Success in this role requires a leader who can balance technical judgment with operational rigor, keep teams focused under time pressure, and ensure valuation processes run smoothly, predictably, and defensibly every day.
This role partners closely with Fund Accounting, Investment Operations, Market Data, Risk, Compliance, and Technology to ensure valuation activities are operationally sound, scalable, and aligned with regulatory and fiduciary expectations.
Responsibilities include:
Daily Operations & Execution Leadership
• 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.
People & Team Leadership
• Lead, coach, and develop multiple valuation teams with accountability for staffing, performance management, and engagement.
• Set clear expectations for execution quality, accountability, and decision-making.
• 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.
Operational Controls & Risk Management
• 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.
Process Improvement & Operational Strategy
• 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.
Stakeholder Partnership & Communication
• 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.
The Expertise and Skills You Bring
• 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…
Title: Director, Valuations & Operations Fidelity Funds & Alternative Investments
Company: Fidelity Investments
Location: Derry, USA
Category:
