Job Description:

The Role

The VP, Real Estate Investments will partner with the Real Estate Investment Officer and the Head of Direct Real Estate to execute on a plan to acquire commercial real estate in the US on behalf of various FMR fund vehicles. This will include sourcing the opportunity, managing the underwriting, negotiating with the seller, presenting the opportunity to investment committee, running the due diligence process, closing the transaction, leading the property-level financing process, and assuming asset management responsibilities for initial acquisitions.

The Expertise and Skills You BringBachelor’s degree required, MBA preferredMinimum of 10 years work experience in commercial real estate required; majority within investment rolesStrong professional relationships throughout the US real estate industryRecent relevant investment experience in US commercial real estate across various asset classes; Asset Management experience a plusStrong writing and presentation abilitiesAbility to evaluate real estate and real estate marketsManagement and leadership skills necessary to implement a new product/strategy within FidelityCritical thinker that can analyze an opportunity and make a quick decisionCollaborative, results driven leader

 Primary Responsibilities

Source real estate investment opportunities that meet portfolio criteria (asset class and risk/return) across target markets through existing network or broker relationshipsReview and underwrite proposed opportunitiesNegotiate and structure real estate acquisitions and property level financingPrepare analysis of opportunity and materials for investment committee approval, present opportunities to committee for approvalReview and approve legal, operational, environmental, engineering and appraisal reports created as part of the due diligence processAssume asset management responsibilities for initial acquisitions and partner with the broader Real Estate to build an in-house asset management team.Contribute valuable knowledge of US real estate marketsBuild and maintain appropriate pipeline of opportunitiesManage and develop investment analysts and associatesThe Team

Fidelity Investments has established a team in Boston, Massachusetts to develop, launch, and manage direct real estate products for Fidelity’s customers.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

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 all business days of every other week in a Fidelity office.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.