What are the responsibilities and job description for the Director, Asset Management Compliance position at Fidelity Investments?
Job Description
The Role
Managing and overseeing a team of individuals responsible for pre-trade and post trade compliance monitoring which spans across all product types
Providing strategic direction to meet both the team’s and organization’s goals
Educating portfolio managers and traders on applicable fund/account guidelines and trading policies; and implementing effective mechanisms to provide timely reporting
Communicating client, regulatory, prospectus, Board, and internal policies to portfolio managers and traders
Providing AMC senior management with information on current trends and issues recognized during assignments and providing solutions
Solving business problems with a focus on process improvements and automation
Leading business initiatives and projects
The Expertise And Skills You Bring
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 Investment Compliance Monitoring Team, within AMC, is responsible for proactively reducing the risk of trade error and portfolio compliance violations through real time and post trade compliance monitoring with client, regulatory and internal policy limitations for specific equity, fixed income and alternative funds and accounts. This team is the first point of contact for investment professionals seeking advice related to their portfolios’ state of compliance.
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.
The Role
Managing and overseeing a team of individuals responsible for pre-trade and post trade compliance monitoring which spans across all product types
Providing strategic direction to meet both the team’s and organization’s goals
Educating portfolio managers and traders on applicable fund/account guidelines and trading policies; and implementing effective mechanisms to provide timely reporting
Communicating client, regulatory, prospectus, Board, and internal policies to portfolio managers and traders
Providing AMC senior management with information on current trends and issues recognized during assignments and providing solutions
Solving business problems with a focus on process improvements and automation
Leading business initiatives and projects
The Expertise And Skills You Bring
- Bachelor’s degree and typically 10 years in the financial services industry, compliance, legal, risk, and/or audit experience
- Broad and deep experience in the area of investment compliance, investment support, or investment operations
- Strong leadership and talent development skills
- Exceptional relationship management, communication and influencing skills
- Independent thinker; accountable for and skilled in exercising sound judgment
- High degree of integrity and strong work ethic; orientation toward results; positive attitude
- Strong analytical, organizational, and problem solving skills
- Detail oriented with a focus on potential anomalies in trading and investment management behaviors
- Ability to explain complex regulatory and policy requirements to all levels of the organization
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 Investment Compliance Monitoring Team, within AMC, is responsible for proactively reducing the risk of trade error and portfolio compliance violations through real time and post trade compliance monitoring with client, regulatory and internal policy limitations for specific equity, fixed income and alternative funds and accounts. This team is the first point of contact for investment professionals seeking advice related to their portfolios’ state of compliance.
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.