Vice President, Compliance - Hiring Manager Video Introduction Included

  • Competitive
  • Smithfield, RI, États-Unis
  • CDI, Plein-temps
  • Fidelity Investments
  • 11 déc. 17 2017-12-11

Vice President, Compliance - Hiring Manager Video Introduction Included

Fidelity Brokerages Services (FBS) is looking for a proven compliance professional to provide regulatory expertise and compliance support to the associated distribution investment adviser including support for products, services, tools, methodology, performance reporting, fee assessment, and conflict identification, mitigation and disclosure. The individual will be responsible for providing compliance leadership and counsel on regulatory and compliance requirements related to the distribution investment adviser business and must demonstrate superior work ethic, relationship management skills, regulatory knowledge, leadership capabilities and a commitment to Fidelity's values and high quality assurance standards.

The Expertise We're Looking For

  • JD or advanced business degree preferred
  • 10 years of Compliance, Risk, and/or Regulatory experience in the financial services industry
  • 8 years of investment adviser compliance or regulatory experience
  • Deep knowledge of the Investment Advisers Act of 1940, SEC regulations, No-Action Letters, and Enforcement Actions
  • Experience with retail distribution of investment adviser products and services
  • Experience operating in a dual BD/IA registrant a plus

The Purpose of Your Role

You will be part of a team responsible for supporting a large investment adviser building out policies, procedures, and controls to ensure compliance with federal and state laws and regulations. You will have responsibility for compliance review of advisory products, services, tools, and methodology including identification of associated conflicts, compliance with fiduciary obligations, recordkeeping requirements, performance reporting, etc. You must have the ability to quickly adapt to, changes in organizational structure, technology, processes, products, and services and will have the ability to effectively collaborate with business and control function partners, such as compliance, legal, risk and audit. You will be a key member of the distribution adviser compliance team and will partner with colleagues to build bandwidth around product and service compliance support. You will also be responsible for other key areas of investment adviser support as needed including resolution of errors, service recoveries, sales practice and supervision support, etc. You will draft and update compliance policies and procedures, create and execute testing and reviews, and develop training. You will travel between Boston and Smithfield locations as needed.

The Skills You Bring
  • You are a strong self-starter, relationship builder, and strategic thinker
  • You have an advanced ability to understand and analyze complex financial, legal, operational and regulatory requirements
  • You work well in a matrixed environment
  • You have advanced presentation skills and are able to effectively communicate; you are skilled at interactions with employees at all levels
  • You can operate collaboratively in fast-moving and changing environment
  • You are able to influence key decision makers through a combination of knowledge, reasoning, and relationships
  • You are an astute facilitator capable of commanding respect and gaining consensus
  • You can succeed in a deadline-driven work environment

The Value You Deliver

Your role will focus on investment adviser compliance responsibilities and product distribution advice and guidance, including, but not limited to, Mutual Fund and ETF Wrap Accounts, Unified Managed Accounts, Separately Managed Accounts and Digital Managed Accounts as well as non-discretionary advice and education. This will include generally making senior level presentations related to emerging regulatory and managed account product developments, providing compliance guidance and counsel on various product initiatives and independently researching, providing advice and counsel staff on regulatory and compliance requirements. It will also include:
  • Serving as subject matter expert and helping draft ADV brochure updates for annual updates and filings
  • Developing & implementing annual compliance report process
  • Helping develop guidelines to manage conflicts of interest and implement appropriate compliance policies and procedures: and
  • Identifying, resolving, monitoring, and tracking compliance matters

How Your Work Impacts the Organization

This position is a key compliance resource providing dedicated compliance support to Fidelity Personal Investments and Workplace Solutions. PI is the retail distribution arm of Fidelity Investments, building lifetime relationships with customers and helping them save and invest through individual accounts. WS provides workplace solutions to plan sponsors and employers. FBS Compliance is a dedicated central function within PI whose mission is to foster a culture of compliance, to identify and manage regulatory risk, protect Fidelity's customers and reputation, and promote business and market integrity.Company Overview

At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. For information about working at Fidelity, visit FidelityCareers.com

Fidelity Investments is an equal opportunity employer.