Vice President, Workplace Investing Risk Management

Job Description:

Job Title:  Vice President, Workplace Investing Risk Management

The Role

This is a key leadership position which will serve as the Risk Lead covering Fidelity’s Defined Contribution and Defined Benefit business lines within the overall Workplace Investing business.  This role is for someone who is enthusiastic about tackling complex challenges, thrives in an environment that requires continuous learning, and embraces the opportunity to provide objective, independent risk oversight in protecting Fidelity.

The Expertise and Skills You Bring

This is a dynamic role requiring a proven leader who is adept at defining and prioritizing risk focus areas in the deployment of operational risk programs – including incident management, proactive risk assessments, risk advisory support of new products and services, and providing overall effective risk oversight of complex business issues.

This is a management position, which includes direct reports who are also people managers, requiring the ability to set strategic direction for the team and execute against organizational goals.  The leader must be capable of seamlessly oscillating between acute risk issue response and management of longer-term strategic initiatives.  

• Preferred is at least 15 years of relevant financial services industry experience in roles such as Risk Management, Audit, Compliance, or Business/Operational roles with a Risk Management component.

• Experience working in the retirement industry is a significant plus, including familiarity with Defined Contribution and Defined Benefit plans, along with associated operational functions. 

• Prior people management experience is required, along with the ability to set direction for the team amongst competing priorities and demands.

• Strong knowledge of Operational Risk Management practices and approaches is a key prerequisite – including familiarly with best practices related to process/risk/control framework implementation, operational risk assessments, incident management, and control validation and testing strategies. 

A keen focus on the industry and competitive landscape is also necessary to drive evolution and enhancement of the Risk team’s functions in a rapidly changing environment.  Adapting to next generation capabilities and building risk coverage in emerging products and markets is central to the role.

Essential is experience and comfort level in building business partner relationships and operating at executive levels – including in identifying, escalating, and influencing outcomes on sensitive risk issues.  Equally key are excellent communication skills, both verbal and written, with the ability to distill complex issues into concise and actionable communications and deliver them in executive forums.

Note: Fidelity is not providing immigration sponsorship for this position

The Team

This position is on the senior management team of the Risk organization that supports Fidelity’s Workplace Investing (WI), Retail Brokerage, and Wealth Management business lines, and reports directly to the Head of WI, Wealth and Brokerage Risk. More broadly, the function sits within the Fidelity Risk Group, which includes the major Risk functions from across the enterprise and employs a range of Risk Management programs and capabilities.  Central to the Risk Group’s mission is close collaboration with partners throughout the Firm – including Business Leaders, Legal, Compliance, Audit, and Security – in pursuit of our common goal of protecting the Firm, its associates, and customers.

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.