Director, Compliance Governance & Operations, Fidelity Digital Assets

Job Description:

The Role

As a member of the Fidelity Digital Assets, LLC ('FDA') Compliance team, this role will serve as an informed and trusted business partner, who promotes an environment of ethical conduct and dedication to compliance, regulatory and legal obligations. This role on the Compliance Governance and Operations Team, will support compliance oversight of FDA, collaborating closely with many teams within FDA and across the Fidelity organization, such as Wealth & Brokerage, Fidelity Institutional, and Workplace Investing.

You Will:

• Collaborate with the other teams to supervise the building and management of compliance risk assessments.
• Coordinate and lead the development and execution of programs that map and test compliance specific controls.
• Lead all aspects of the process to identify potential gaps in controls and collaborate on remediation plans.
• Develop, implement, and maintain comprehensive compliance policies and procedures that align with both regulatory obligations and organizational objectives.
• Coordinate, improve, and build management reporting systems to highlight compliance status and raise critical issues to senior leadership.
• Understand and communicate the strategic vision and compliance road map
• Partner with international compliance teams to support compliance readiness
• Assist Regulatory Management in responding to relevant regulatory matters and building positive relationships with regulators.
• Partner with compliance areas like AML, Risk, Records Management, Cybersecurity, and Privacy Programs, to ensure that FDA is meeting internal and external requirements.
• Remain up-to-date on regulatory changes and landscape, standard methodologies, and new developments in the industry.
• Promote compliance awareness through training and education.

Experience You Bring:

• 8 years of combined experience in Compliance, Risk, and Legal
• Strong people management with experience managing teams
• 4-year college degree required, MBA or JD is a plus
• Have a strong understanding of money services business regulation including MTL, Regulation E, UDAAP, and AML/BSA
• Strong attention to detail, with strong analytical, organizational, and problem-solving skills
• Positive relationship skills; ability to articulate well, coordinating across various teams, including Legal, Operations, Risk and Audit
• Ability to influence key decision makers through a combination of knowledge, reasoning and relationships
• Ability to work efficiently in a fast paced, complex regulatory environment.

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.

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.