Skip to content
Job Details
Full-time

Manager/Senior Manager, Defined Benefit Operations

Fidelity Investments · Covington, KY

Tailor My Resume

Start free. No credit card.

About the Job

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position

**The team is open to hiring a Manager or Senior Manager depending on the qualifications of the selected candidate**

The Role

The Manager, Defined Benefit Operations leads a team of 10–15 Defined Benefit Specialists and is accountable for the quality, accuracy, and productivity of the team’s work. This leader plays a key role in WI Client & Participant Services, fostering a high‑performance culture and ensuring exceptional client satisfaction. You will manage daily operations for a complex Defined Benefits team (Calculations and/or Employee Resolution), providing strong oversight, process discipline, and partnership with offshore support. Major responsibilities include:

  • Communicate organizational goals, values, and expectations clearly across the team.
  • Coach, mentor, and develop team members to support performance, growth, and career development.
  • Monitor team metrics, addressing performance gaps and driving continuous improvement.
  • Improve operational processes to increase efficiency and reduce cost per participant.
  • Manage operational risk by exercising sound judgment and ensuring adherence to legal and compliance requirements.
  • Oversee capacity planning, resource allocation, budgeting, and succession planning to ensure operational stability.
  • Collaborate across Defined Benefits business partners to pursue cohesive business goals.
  • Drive a customer‑focused culture and support quality initiatives.
  • Anticipate and lead organizational and operational change using data and business insight.

The Expertise and Skills You Bring

  • BS/BA preferred; MBA a plus
  • 5+ years of benefits outsourcing plan administration experience
  • Proven leadership record with strong communication skills
  • Strong operations background, especially in process management and improvement
  • Experience in financial services and/or DB outsourcing, ideally with Fortune 1000 clients
  • Strong analytical and problem‑solving skills, including root‑cause analysis
  • Demonstrated initiative in solving operational challenges and implementing improvements
  • Ability to lead teams through change and work cross‑functionally
  • Knowledge of transaction processing systems and participant databases
  • Proficiency in Microsoft Office

The Team

The Manager, Defined Benefit Operations builds strong, influential partnerships across internal teams to ensure high client satisfaction. Core responsibilities include:

  • Hiring, developing, motivating, and directing staff
  • Ensuring documentation of standard methodologies and compliance adherence
  • Maintaining tools and workflows to meet SLAs and support client needs
  • Monitoring productivity, quality, and volume‑related risk
  • Implementing process improvements to enhance quality and efficiency

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:

Posted

3 days ago

Job Type

Full-time

Location

  • Covington, KY