Vice President, Compliance

Job Description:

Vice President, Compliance

The Team

Fidelity Institutional Compliance is looking for a Vice President to cover Fidelity Capital Markets (FCM). FCMis the institutional trading arm of Fidelity Investments, executing equity, option, and fixed-income securities trades on behalf of institutional clients as well as many of Fidelity’s other businesses.

TheVice President will be responsible for providing a broad range of direct advisory support to several trade reporting products and operational desks within FCM.The Vice President will manage a team of compliance associates and provide technical and interpretative guidance to FCM personnel.

The Expertise You Have (The order of these bullets does not matter)

• College degree required.
• Prior trade reporting compliance or product experience (i.e., CAT, CAT CAIS, TRACE, LOPR, ACT, MSRB, 605/606) is required. Or similar experience with a securities regulator.
• MBA or law degree a plus.

The Skills You Bring

• Subject matter expertise in one or more of the following areas: CAT, CAT CAIS, TRACE, LOPR, ACT, MSRB, 605/606 trade reporting or operational trade support.
• An in-depth understanding of the securities markets and associated regulations.
• Strong written and oral communication skills. Written documents include compliance notices, written supervisory procedures, assessments, and presentations. Oral communications range from daily interactions with desk staff to the ability to explain issues accurately and succinctly to compliance, business management and regulators.
• Ability to proactively identify core regulatory and compliance issues in a fluid trading environment.
• Effective relationship building skills to interact with colleagues and business partners.
• Experience in a large enterprise and collaborative approach in problem-solving and prioritization.
• Interpersonal skills with an ability to partner, interact, collaborate, build trust, negotiate with and influence staff from all levels of the organization.
• Accountability and ownership of issues and initiatives, with an ability to independently exercise sound judgment and see projects through to completion.
• Awareness that decisions can have a significant impact on firm reporting compliance and associated risks.
• Ability to thrive in a high-pressure environment while managing multiple priorities.
• Intellectual curiosity and sharp investigative skills, as well as strong analytical and problem-solving skills
• Previous experience managing products or platforms or compliance support of such products.

The Value You Deliver

• Provide advisory support to multiple trade reporting platforms and operational trading desks.
• Develop, maintain and enhance written supervisory procedures, compliance policies, control frameworks and other documentation.
• Implement necessary Compliance changes due to new or amended regulatory requirements applicable to product areas.
• Support the introduction of new products and service initiatives by providing advice and developing the appropriate Compliance requirements, supervisory infrastructure and control framework.
• Design and deliver targeted training to business personnel.
• Assist regulatory inquiries/exam staff in responding to relevant regulatory matters.
• Remain abreast of emerging regulatory issues that may impact Fidelity by analyzing relevant enforcement matters, subscribing to key industry periodicals and being an active participant in industry groups such as SIFMA, FIF, and ICI.
• Partner with compliance colleagues, legal, risk and business partners on regulatory matters and surveillance escalations.

The base salary range for this position is $123,000-$207,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

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.

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 every other week (all business days, M-F) in a Fidelity office.

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. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

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.

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