Job Description:
Join Fidelity Labs as the Director of Venture Strategy, where you will lead and optimize our innovation process. This role will be responsible for driving idea generation across Fidelity, building relationships with the external ecosystem, and managing the journey from concept to incubation. You will expand our validation framework, coordinate market research, and facilitate leadership discussions to identify and launch new ventures.
The Role
As Director of Venture Strategy, you will own the process by which Labs researches and validates potential new business ventures.
Design, manage and scale the Fidelity Labs end-to-end process for idea collection and new venture evaluation.
Develop and refine heuristics and frameworks for assessing new venture opportunities, incorporating rigorous market research, market sizing, competitive analysis, and financial viability modeling.
Engage with the startup ecosystem to source external ideas and trends.
Network with internal Fidelity business units to identify Labs-relevant opportunities.
Originate new ideas and collaborate with in-house entrepreneurs.
Develop best entrepreneurial best practices as we scale our new venture pipeline.
The Expertise and Skills You Bring
Experience in venture capital, venture studios, corporate innovation, or similar roles focused on creating and evaluating new ventures.
Brings strong analytical and strategic frameworks to their process design
Strong communication skills particularly across Fidelity business units
Track record of delivering results in fast-paced, dynamic environments.
Experience building partnerships with external organizations and internal stakeholders.
Experience working with software teams who are building software preferably in Fintech/Financial Services.
Domain expertise in Fintech/Financial services preferred but not required.
Note: Fidelity is not providing immigration sponsorship for this position
The Team
This opportunity is brought to you by Fidelity Labs, Fidelity Investments' in-house new business incubator. Founded in 2005, Fidelity Labs has played a critical role in driving growth and innovation for the firm. The Fidelity Labs organization has a portfolio of new businesses and is constantly prototyping concepts for Fidelity's next new ventures.
Fidelity Labs is a dynamic workplace that combines the best parts of startup life-building from scratch, adapting quickly, and moon-shot ambition-with the scale and stability of an industry leader. Learn more at labs.fidelity.com.
The base salary range for this position is $103,000-$218,000 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.
Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.