What are the responsibilities and job description for the Advisor, Asset Management Compliance position at Fidelity Investments?
Job Description
Compliance Advisor – Asset Management Compliance
As a member of the Control Room team, the Compliance Advisor helps to support various regulatory policies, including Material Non-Public Information ('MNPI') and Information Barriers ('IB'), assisting with daily tasks related to these areas. More specifically, this role will focus on the private investments/alternatives program and supporting the Control Room Director in building out and maintaining the program on a go-forward basis.
In this role, you will support both private side and public side activity, along with cross-firm interactions, which will require knowledge of investment adviser and investment company compliance and the rules and risks under which they operate. This role will involve day-to-day interactions with business partners across all asset classes as well as legal, risk and compliance team members to ensure that compliance requirements are understood, and issues are escalated and resolved in an appropriate and timely manner.
The Role
The Team
Asset Management Compliance ('AMC') works closely with Fidelity’s investment teams across all asset classes to ensure compliance with global regulations, investor requirements, and corporate policies in the interest of promoting customer trust and confidence in Fidelity. AMC is committed to driving Fidelity forward through business partnership and stewardship, platform modernization, and talent development. AMC associates are focused on delivering sound guidance and creative solutions in a timely and responsive manner to support Asset Management in delivering the best customer experience in the financial services industry.
The Control Room within AMC is responsible for overseeing various policies, including policies on Inside Information, Information Barriers, eCommunications, Access Provisioning and its related investment advisers (the 'Advisers'). The Compliance Adviser is responsible for supporting the implementation, operations, and monitoring of the aforementioned policies.
Certifications
Category:
Compliance
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.
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.
Compliance Advisor – Asset Management Compliance
As a member of the Control Room team, the Compliance Advisor helps to support various regulatory policies, including Material Non-Public Information ('MNPI') and Information Barriers ('IB'), assisting with daily tasks related to these areas. More specifically, this role will focus on the private investments/alternatives program and supporting the Control Room Director in building out and maintaining the program on a go-forward basis.
In this role, you will support both private side and public side activity, along with cross-firm interactions, which will require knowledge of investment adviser and investment company compliance and the rules and risks under which they operate. This role will involve day-to-day interactions with business partners across all asset classes as well as legal, risk and compliance team members to ensure that compliance requirements are understood, and issues are escalated and resolved in an appropriate and timely manner.
The Role
- Frequent interactions with investment professionals to understand what investments are being made, what information is being received, and ensuring that it is being safeguarded appropriately.
- Time sensitive reviews of information received, and guidance provided related to MNPI considerations.
- Documentation of processes & hard cards along with development of procedures to support the private side MNPI program.
- Support of other operational work on the team, including areas such as eCommunications, access provisioning, and other types of information barriers.
- Bachelor's degree with 5 years’ experience in a financial services environment preferred.
- Knowledge and understanding of alternative investment products, including private funds, hedge funds, private credit, real assets, structured products, and digital asset strategies a plus.
- Aptitude to independently research regulatory requirements related to alternative investments and apply them to current scenarios.
- Ability to develop and implement net-new processes and document procedures autonomously.
- Effective interpersonal and communication skills with the ability to work collaboratively across various levels within the organization.
- Exceptional organizational skills with a proven track record to multi-task with attention to detail.
- Sound decision-making ability, risk management skills, and the wherewithal to escalate timely when needed.
The Team
Asset Management Compliance ('AMC') works closely with Fidelity’s investment teams across all asset classes to ensure compliance with global regulations, investor requirements, and corporate policies in the interest of promoting customer trust and confidence in Fidelity. AMC is committed to driving Fidelity forward through business partnership and stewardship, platform modernization, and talent development. AMC associates are focused on delivering sound guidance and creative solutions in a timely and responsive manner to support Asset Management in delivering the best customer experience in the financial services industry.
The Control Room within AMC is responsible for overseeing various policies, including policies on Inside Information, Information Barriers, eCommunications, Access Provisioning and its related investment advisers (the 'Advisers'). The Compliance Adviser is responsible for supporting the implementation, operations, and monitoring of the aforementioned policies.
Certifications
Category:
Compliance
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.
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.