Fidelity Investments
Director, FDAS Compliance
Fidelity Investments, Boston, Massachusetts, United States, 02210
Job Description:Director, FDAS Compliance - Regulatory Relationship and Exam Management
The Role
As
a member of the
Fidelity
Digital Asset Services, LLC
('FDAS')
Compliance team,
you
will serve as an informed and trusted business partner, who promotes a culture of ethical conduct and commitment to compliance, regulatory and legal obligations.
In
this role on the Regulatory Compliance Team, you will support regulatory oversight of FDAS, collaborating closely with many teams within FDAS and across the Fidelity organization, such as Personal Investing, Fidelity Institutional, and Workplace Investing.
You
will be responsible for:
Oversight
of regulator relationships and interactions by providing leadership to decentralized teams of individuals to support regulatory reporting, examinations, responses and communications.Directly
managing regulatory examinations and ongoing supervisory requests, which includes preparation of
business/stakeholders,
coordination and engagement during exams, and facilitation of complete and timely responses.Assisting
the growing FDAS business in identifying and managing regulatory risks.Supporting
new and existing FDAS products, services, and geographic
expansion of
the
businessTracking
the evolving regulatory landscape within the digital assets industry; reviewing and analyzing regulatory requirements and potential impact to the business.Advising
and shaping governance, reporting and the overall control environment across
FDAS.Building
connections between FDAS and Enterprise Compliance policies and
functions.
The Expertise and Skills You Bring10+ years of related work experience as a regulator or interfacing with regulators in a Compliance, Risk or Legal
function.Experience
interacting with federal and/or state regulators for a financial services company or money transmission regulatory program, including filings, registrations and licensing, regulatory exams and routine communications.4-year
college degree required, master's degree, MBA or JD is a
plus.Strong
attention to detail and experience supporting a regulatory compliance
program.Strong
analytical, organizational, and problem-solving
skills.Strong
relationship and communication
skills
;
strong ability to work independently and as part of a closeknit
team.Ability
to work effectively in a fast-moving, challenging regulatory
environment.Ability
to influence key decision makers through a combination of knowledge, reasoning and
relationships.
The Team
This
team reports to the Chief Compliance Officer for Fidelity Digital Assets, a full-service, enterprise-grade platform for securing, trading, and supporting investments in digital assets. FDA is part of the Enterprise Services portfolio of agile, standalone organizations, which drive innovation, with the purpose of collaborating with Fidelity's businesses to develop new sources of revenue, explore emerging technologies, enhance operational capabilities, and improve the customer experience. The Enterprise Services portfolio also includes Fidelity Labs, the Fidelity Center for Applied Technology, F-Prime Capital, and Impresa Management
LLC.
At
Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we're calling 'Dynamic Working'. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, all business days, every four weeks. These requirements are subject to
change.
Reminder:
Per the Dynamic Working Policy, approved exceptions will be reviewed annually, or when the associate accepts a new role, whichever comes
first.
Salary
Grade: 7Organization: Enterprise Services
ComplianceCategory: Compliance
Certifications:Company OverviewFidelity 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 UsAt 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 .
We welcome those with experience in jobs such as Financial Analyst, Billing and Posting Clerk, and Accounts Payable Clerk and others in the Accounting and Finance to apply.
The Role
As
a member of the
Fidelity
Digital Asset Services, LLC
('FDAS')
Compliance team,
you
will serve as an informed and trusted business partner, who promotes a culture of ethical conduct and commitment to compliance, regulatory and legal obligations.
In
this role on the Regulatory Compliance Team, you will support regulatory oversight of FDAS, collaborating closely with many teams within FDAS and across the Fidelity organization, such as Personal Investing, Fidelity Institutional, and Workplace Investing.
You
will be responsible for:
Oversight
of regulator relationships and interactions by providing leadership to decentralized teams of individuals to support regulatory reporting, examinations, responses and communications.Directly
managing regulatory examinations and ongoing supervisory requests, which includes preparation of
business/stakeholders,
coordination and engagement during exams, and facilitation of complete and timely responses.Assisting
the growing FDAS business in identifying and managing regulatory risks.Supporting
new and existing FDAS products, services, and geographic
expansion of
the
businessTracking
the evolving regulatory landscape within the digital assets industry; reviewing and analyzing regulatory requirements and potential impact to the business.Advising
and shaping governance, reporting and the overall control environment across
FDAS.Building
connections between FDAS and Enterprise Compliance policies and
functions.
The Expertise and Skills You Bring10+ years of related work experience as a regulator or interfacing with regulators in a Compliance, Risk or Legal
function.Experience
interacting with federal and/or state regulators for a financial services company or money transmission regulatory program, including filings, registrations and licensing, regulatory exams and routine communications.4-year
college degree required, master's degree, MBA or JD is a
plus.Strong
attention to detail and experience supporting a regulatory compliance
program.Strong
analytical, organizational, and problem-solving
skills.Strong
relationship and communication
skills
;
strong ability to work independently and as part of a closeknit
team.Ability
to work effectively in a fast-moving, challenging regulatory
environment.Ability
to influence key decision makers through a combination of knowledge, reasoning and
relationships.
The Team
This
team reports to the Chief Compliance Officer for Fidelity Digital Assets, a full-service, enterprise-grade platform for securing, trading, and supporting investments in digital assets. FDA is part of the Enterprise Services portfolio of agile, standalone organizations, which drive innovation, with the purpose of collaborating with Fidelity's businesses to develop new sources of revenue, explore emerging technologies, enhance operational capabilities, and improve the customer experience. The Enterprise Services portfolio also includes Fidelity Labs, the Fidelity Center for Applied Technology, F-Prime Capital, and Impresa Management
LLC.
At
Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we're calling 'Dynamic Working'. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, all business days, every four weeks. These requirements are subject to
change.
Reminder:
Per the Dynamic Working Policy, approved exceptions will be reviewed annually, or when the associate accepts a new role, whichever comes
first.
Salary
Grade: 7Organization: Enterprise Services
ComplianceCategory: Compliance
Certifications:Company OverviewFidelity 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 UsAt 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 .
We welcome those with experience in jobs such as Financial Analyst, Billing and Posting Clerk, and Accounts Payable Clerk and others in the Accounting and Finance to apply.