Job Description:

Summary

Fidelity Investments\u00A0established\u00A0a new Chicago-based lending team\u00A0in 2021\u00A0to pursue private credit investing.\u00A0\u00A0Our leveraged finance platform targets middle-market private equity backed businesses\u00A0seeking\u00A0financing for LBO s, acquisitions, dividends and other investments. We are looking for investor-minded, entrepreneurial, and accomplished candidates\u00A0looking to join a growing team, gain\u00A0significant\u00A0experience\u00A0and\u00A0responsibility quickly, and help leverage the Fidelity name in this growing market.

The Group

The High Income & Alternatives group has more than $100B in assets under management (AUM).\u00A0 The group s AUM are invested \u201Cacross the capital structure,\u201D including in high yield bonds, leveraged loans, convertible bonds and equities. Fundamental research is the foundation of the group s investment process.\u00A0

The Role

Based in Chicago, this is an opportunity to join a\u00A0growing\u00A0team for the newly formed middle market direct lending strategy of Fidelity s High Income & Alternatives group.\u00A0 This is a new important strategy for Fidelity where you will be a key member of the investment team. This individual will be responsible for supporting senior debt origination, underwriting and portfolio management capabilities within the broader direct lending group. This includes support of the firm s effort to construct and lead high quality, diversified senior loan portfolios that exceed market risk-adjusted returns, and evaluation and execution of financing opportunities in a manner that balances strong credit disciplines with a positive customer relationship approach. Success in this role will require excellent work ethic, a self-starter mentality, and the ability to work independently, while also collaborating within a growing team.

Successful Associate Directors\u00A0/ Directors\u00A0will be primary candidates for promotions as the team continues to grow.

Responsibilities

The Associate Director\u00A0/ Director\u00A0will lead and actively contribute to all aspects of origination, due diligence, and relationship/portfolio management. These responsibilities include, but are not limited to:

• Leading underwriting processes, which includes analyzing and summarizing all due diligence materials related to the credit quality of businesses, specifically the analysis of the company s historical and present financial condition, products and/or services, sales and marketing strategies, customer and supplier base, industry dynamics, competitive position, management team, and financial projections
• Actively communicate with investment bankers, company management and private equity sponsors
• Working with internal and external legal counsel regarding investment documentation
• Becoming a subject matter expert on key private credit strategies and an advocate for the firm
• Monitoring trends in the market and proposing solutions in response
• Responsible for training and mentoring associates; potentially managing a team of associates

Qualifications

We are seeking candidates who have the following characteristics:

• Bachelor s Degree in a relevant field required, advanced degree a plus
• 8-12\u00A0years of experience in leverage finance, preferably with a top tier alternative lending platform
• Advanced financial modeling skills and comfort dealing with a variety of capital structures
• Leadership skills and ability to think strategically and creatively
• Ability to create compelling, thoughtful, and creative presentation materials
• Excellent written and oral communication skills
• Collaborative and proactive personality

Standards

The following standards are considered to be fundamental to the way in which our company operates:

• Responsibility
• Integrity
• Compassion
• Expertise

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\u2014we 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