Job Description
Summary
The Digital Asset Product Manager will work on product development, management, strategy, and marketing of a range of Fidelity Digital Asset Managment’s (FDAM) crypto and digital asset investment strategies and products. This role will cover existing single and multi-token digital asset investment strategies and will help drive innovation and new product development to ensure that the FDAM digital assets product suite continues to meet evolving customer needs. This role will include work on the development of mixed asset, thematic or crypto investment strategies across various product structures. You will partner with the FDAM investment, risk and data science teams to understand and articulate product design, investment approaches and positioning across a range of investment strategies. You will be responsible for the design, development, implementation and ongoing management of FDAM’s suite of investment products, including product structure selection and design, pricing, market and competitive positioning, client portfolio positioning and articulation of investment cases for each client segment.
- Product Strategy: Developing and executing a comprehensive product strategy for crypto investment products, including defining product goals, target market segments, and competitive positioning.
- Product Development: Leading the end-to-end product development lifecycle, from ideation and concept development to launch and post-launch optimization, working closely with FDAM investment risk, data science, technology, and operations teams.
- Market Relationship Management: Collaborating with crypto and ETF market makers gathering market input on product design and features and ongoing relationship management to facilitate liquidity provision and enhance trading efficiency for FDAM’s crypto ETFs, fostering strong relationships and optimizing market-making processes.
- Market Research: Conducting in-depth market research to identify emerging trends, competitive landscape, and customer preferences within the crypto investment space. Serving as a subject matter expert for market developments, competitive environment, and growth trends in the digital asset ecosystem and the digital asset management investment products and advisory services
- Communications and Collaboration: Effectively communicating product plans, progress, and updates to internal stakeholders to garner support and alignment. Partnering with the AM Product Group to create alignment and coordination with FDAM product development priorities. Influencing, partnering and collaborating with internal stakeholders including legal, risk, compliance, technology and operations to successfully launch new investment products
- Thought Leadership: Partnering with investment, risk, data science, and digital asset strategist teams in creating and enhancing investment content and thought leadership for product positioning.
- Performance Tracking: Establishing key performance indicators (KPIs) and metrics to measure the success and impact of crypto investment products, regularly monitoring and analyzing performance data to drive informed decision-making.
- Continuous Improvement: Continuously iterating and improving upon existing products and features based on user feedback, market dynamics, and technological advancements in the crypto space.
The Expertise and Skills You Bring
- 10+ years of experience working in the financial services industry, preferably in asset management and/or wealth management, across the discretionary advisory and model delivery space, including 10+ years of experience in investment product research and development and platform distribution strategy and positioning.
- Proven experience in driving development and product structuring leading to the successful launch of a range of investment strategies and vehicle types, including mutual funds, ETFs, indexes, model portfolios and SMAs, private funds and institutional vehicles.
- Demonstrated experience in the development of exchange traded products, including index construction, product and portfolio design considerations, secondary market liquidity, and AP, market maker and liquidity provider dynamics.
- 3+ years of experience investing in and/or researching cryptocurrencies, digital assets, blockchain and related technologies, DeFi and crypto and digital asset investment products.
- Refined leadership and influence skills, strategic and critical thinking skills, excellent judgment, and decision-making skills, and professional maturity, confidence, presence, and initiative.
- Strong track record of collaborating with others and working effectively in a team environment to guide decision-making, issue resolution, managing risks, and building consensus.
- Experience and demonstrated success working in a high performing team environment experiencing rapid growth and change in a diverse, financial services firm.
- Highly effective communicator with excellent writing, presentation and interpersonal skills; ability to crisply articulate complex concepts in a digestible manor to senior audiences with poise and confidence.
- Intellectually curious with a passion for financial markets and innovation, being at the forefront of developing business models in investment products and financial services and providing effective investment solutions for investors in the new crypto asset class.
- Deep understanding of retail, intermediary, and institutional distribution channels and their specific client needs and competitor sets.
- Strong educational credentials: CFA, MBA or equivalent graduate degree preferred.
- Series 7 & 63 licenses (can be obtained while in role).
The Team
Fidelity Digital Asset Management [FDAM] is the investment platform offering digital asset products and services designed to meet the growing needs of Fidelity’s retail customers and intermediary and institutional clients.
Skills
- Communications Skills
- Cryptocurrency
- Leadership
- Product Management
- Strategic Thinking
- Team Collaboration