Director of Alternative Investments — Westlake, TX at

About the Team

Fidelity Charitable is a public charity that sponsors the largest national donor-advised fund program in the United States. Since 1991, we have introduced tens of thousands of donors to the benefits of using a donor-advised fund to meet their philanthropic goals. While governed by an independent Board of Trustees, Fidelity Investments serves as the service provider, supporting all functions including Program Development, Marketing, Service Delivery, Relationship Management, Finance, Technology, Risk and Compliance, and Fundraising.

About the Role

The Director of Alternative Investments is a key member of our investment oversight team, acting on behalf of the charity to steward complex capital. In this role, you will serve as the bridge between our internal mission and the external private markets, working closely with external investment advisors to assess proposed investments in private equity, real estate, private credit, hedge funds, and other non-traditional assets.

Beyond strategic oversight, you will lead a team of deal support professionals, ensuring the timely and accurate intake and execution of these transactions. Your day-to-day involves collaborating with internal partners, external fund managers, general partners, and custodial staff to navigate non-standard contracts, valuation support, and operational due diligence. You will also provide consultative support to advisors and donors, helping them understand how alternative investments fit into their broader philanthropic strategies while maintaining rigorous compliance and risk management standards.

Hiring Process

Please note that Fidelity is not providing immigration sponsorship for this position. The hiring process will adhere to all applicable regulations under the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, and ERISA. Candidates with certain criminal histories may be restricted from employment due to these regulatory requirements.

Our Culture

We are committed to fostering a dynamic team environment where attention to detail and a positive professional attitude are valued. We seek individuals who are not only experts in alternative investments but also possess the communication skills and interpersonal strengths necessary to build trust with donors, advisors, and internal stakeholders.

Work location

Work model: On-site

East State Highway 114, Westlake, Denton County, Texas, 76262, United States

Westlake, Texas

Key Responsibilities

check_circleManage a team of deal support professionals responsible for the timely and accurate intake and execution of alternative investments
check_circleConduct due diligence reviews on proposed new alternative investments against established investment policies and guidelines
check_circleProvide transaction support and oversight for complex non-traditional investments including onboarding and valuation support
check_circleCollaborate with internal legal and tax teams to support investment transactions and documentation
check_circleSupport new and existing advisor and donor relationships through consultative discussions
check_circleProvide in-depth analysis of portfolio and fund performance, risk, cash flows, and underlying investments
check_circleWork with internal auditors and operation heads to develop and maintain a strong control environment
check_circleIdentify and implement opportunities to mitigate risk, improve service quality, and optimize costs

Requirements

verified10+ years experience in alternative investments or private markets
verifiedMBA or graduate degree in finance, economics, or related field
verifiedCFA and/or CAIA certification preferred
verifiedNo immigration sponsorship provided

Nice to Have

Direct experience in people management. Progress towards CFA and/or CAIA certifications. Experience with Advent, Bloomberg, and alternative investment third-party services.

Skills, education and keywords

Skills: Alternative Investments, Private Equity, Real Estate, Private Credit, Hedge Funds, Limited Partnership Agreements, Subscription Documents, Investment Due Diligence, Operational Due Diligence, Internal Controls.

Education: MBA or graduate degree in finance, economics, or related field preferred.

Frequently asked questions about Director, Alternative Investments at Fidelity Investments

What does a Director, Alternative Investments at Fidelity Investments do?expand_more

In this Director, Alternative Investments at Fidelity Investments role, you will manage a team of deal support professionals responsible for the timely and accurate intake and execution of alternative investments; conduct due diligence reviews on proposed new alternative investments against established investment policies and guidelines; provide transaction support and oversight for complex non-traditional investments including onboarding and valuation support; and collaborate with internal legal and tax teams to support investment transactions and documentation.

What are the requirements for this Director, Alternative Investments role?expand_more

Fidelity Investments is looking for candidates who meet the following requirements: 10+ years experience in alternative investments or private markets; MBA or graduate degree in finance, economics, or related field; CFA and/or CAIA certification preferred; and No immigration sponsorship provided.

Where is the Director, Alternative Investments role at Fidelity Investments located?expand_more

Director, Alternative Investments at Fidelity Investments is based in East State Highway 114, Westlake, Denton County, Texas, 76262, United States. This is a on-site role.

Is this Director, Alternative Investments job remote, hybrid, or on-site?expand_more

Fidelity Investments has listed this Director, Alternative Investments role as on-site.

How much experience is required for this Director, Alternative Investments role?expand_more

Director, Alternative Investments at Fidelity Investments typically requires 10+ years of relevant experience at the executive level.

What skills do you need for the Director, Alternative Investments role at Fidelity Investments?expand_more

Key skills for Director, Alternative Investments at Fidelity Investments include Alternative Investments; Private Equity; Real Estate; Private Credit; Hedge Funds; Limited Partnership Agreements; Subscription Documents; and Investment Due Diligence.

What education is required for Director, Alternative Investments at Fidelity Investments?expand_more

Educational requirements for this role: MBA or graduate degree in finance, economics, or related field preferred.

What category does the Director, Alternative Investments role belong to?expand_more

Director, Alternative Investments at Fidelity Investments is part of the accounting & finance job category on Recrutus.

Director, Alternative Investments