Product Leader - Trade Processing and Settlement

Fidelity; Durham (NC); On-site; USD 120,000 - 180,000; Full time

Job summary

Fidelity Investments is seeking a Product Leader to drive the modernization of its trade processing and settlement platforms. You will partner with engineering, architecture, and business stakeholders to define the vision and roadmap for key trading workflows.

This role emphasizes transforming legacy systems into scalable, resilient, and user-centric experiences, leveraging AI analysis tools and a data-driven approach to deliver measurable improvements.

Qualifications

• 3–8 years in product management or related roles focused on trade processing and settlement modernization.

Responsibilities

• Define and drive the roadmap to modernize trade processing and settlement systems.
• Collaborate with product leaders, engineering, architecture, and business units to capture requirements.
• Analyze and improve end-to-end workflows for legacy and modernized environments.
• Author use cases, process flows, and acceptance criteria guiding modernization milestones.
• Prioritize features based on business needs, customer feedback, and regulatory demands.
• Leverage Copilot and AI tools to accelerate analysis and documentation.
• Facilitate sessions to align stakeholders and promote adoption of new solutions.
• Monitor metrics on innovation impact, adoption, and performance improvements.

Skills

Product strategy

Stakeholder alignment

Legacy modernization

Mainframe-to-cloud migration

Data-driven decision making

Communication and storytelling

Agile experience

Regulatory awareness

Education

Bachelor's degree or equivalent experience

Tools

JIRA

JIRA Align

Confluence

Miro

Tableau

Copilot

COBOL

Job description

Fidelity will not provide immigration sponsorship for this position.

Job Description:

Product Leader – Trade Processing and Settlement

Join Fidelity Investments as a Product Leader and play an essential role in driving innovation and alignment with business and industry needs, while leading the modernization of our core trade processing and settlement platforms. You will collaborate with engineering, architecture, and business stakeholders to define the vision and roadmap for Trade Processing and Settlement applications. We are seeking a strategic, execution-oriented leader eager to transform legacy systems into scalable, resilient, and user-centric experiences.

Key Responsibilities

• Define and drive the roadmap to enable innovation and modernization of trade processing and settlement systems, ensuring strong alignment with both business objectives and industry advancements.
• Collaborate cross-functionally with product leaders, engineering teams, architecture, and business units to capture requirements, set modernization and innovation objectives, and prioritize backlog in alignment with the strategic vision.
• Analyze, reimagine, and continuously improve end-to-end workflows - including pain points, data dependencies, and user experiences - for both legacy and modernized environments by introducing thought leadership, automation, and innovative solutions.
• Author and validate use cases, process flows, and acceptance criteria that guide both modernization Prioritize features and innovation or modernization milestones based on business needs, customer feedback, regulatory demands, and measurable data.
• Leverage AI analysis tools (such as Copilot and others) to accelerate analysis, workflow, and requirements documentation.
• Facilitate collaborative sessions to drive alignment, stakeholder engagement, and successful adoption of new solutions while supporting essential legacy operations.
• Monitor and report on metrics of innovation impact, modernization success, user adoption, and continuous performance improvements.
• Stay current with business trends, industry best practices, and regulatory changes; proactively foster a culture of innovation, continuous improvement, and modernization.

Required Skills and Experience

• 3-8 years of product management or related experience covering product development, or project/product management, with a focus on modernizing or supporting trade processing and settlement platforms.
• Experience with brokerage trade processing and settlement; experience in modernization of core trade processing and settlement workflows is preferred.
• Demonstrated success in modernizing legacy systems (e.g., mainframe-to-cloud migration) is preferred.
• Ability to translate operational processes into intuitive product requirements for engineering; proven understanding of operational workflows in brokerage trade processing and settlement is preferred.
• Proficient in the use of AI-powered analysis and productivity tools (such as GitHub Copilot or similar) to accelerate analysis, workflow, requirement documentation, and data-driven decision making.
• Experience of financial tokenization products and services if preferred.
• Data-driven approach to modernization - understanding business unit needs and translating those into actionable, incremental roadmap milestones.
• Experience shaping product strategy and delivery with a modernization mindset and working with engineering teams for successful delivery is preferred.
• Highly effective communicator and storyteller, able create visualizations to align stakeholders and build consensus.
• Customer-centric and operationally savvy, with a proven understanding of how to support Trade Processing and Settlement applications.
• Bachelor's degree or equivalent experience.
• Experience with agile is preferred and collaborating with cross-functional teams (including engineering, business, and architecture partners); experience with toolsets for modern product delivery (JIRA, JIRA Align, Confluence, Miro, Tableau, Copilot, or similar).
• Skills in COBOL or experience working with COBOL-based systems preferred.

Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications:

Series 99 - FINRA

Category:

Product Management

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.