Product Leader – Trade Processing and Settlement

Fidelity Investments Inc.; Durham (NC); On-site; USD 120,000 - 170,000; Full time

Job summary

Fidelity Investments in Durham, NC seeks a Product Leader for Trade Processing and Settlement to drive modernization of core platforms. You will define the vision and roadmap, collaborating with engineering, architecture, and business teams to deliver scalable, user-centric solutions.

The role emphasizes data-driven decisions, AI-assisted analysis, and cross-functional leadership to transform legacy systems into resilient platforms with measurable impact.

Qualifications

• 3–8 years of product management or related experience focused on modernizing trade processing and settlement platforms.
• Experience with brokerage trade processing and settlement; modernization of core workflows is preferred.
• Demonstrated success in modernizing legacy systems (e.g., mainframe-to-cloud migration).
• Ability to translate operational processes into actionable product requirements for engineering; understanding brokerage workflows is preferred.
• Proficient in AI-powered analysis and productivity tools to accelerate analysis and documentation.

Responsibilities

• Define and drive the modernization roadmap for trade processing and settlement systems, aligning with business objectives and industry trends.
• Collaborate with product, engineering, architecture, and business units to capture requirements and prioritize backlog.
• Analyze and reimagine end-to-end workflows, addressing pain points and data dependencies with automation and innovative solutions.
• Author use cases, process flows, and acceptance criteria to guide modernization milestones.
• Leverage AI tools to accelerate analysis, workflow, and documentation; drive stakeholder alignment and adoption.
• Monitor metrics on modernization impact, user adoption, and performance improvements.
• Stay updated on regulatory changes and industry best practices to foster continuous improvement.

Skills

Brokerage trade processing

Modernization

AI-powered analysis

Agile / Jira / Confluence

Cross-functional leadership

Education

Bachelor’s degree or equivalent experience

Tools

JIRA

JIRA Align

Confluence

Miro

Tableau

Copilot

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.