What are the responsibilities and job description for the Senior Compliance Advisor, Financial Crimes position at Fidelity Investments?
Job Description
Senior Compliance Advisor, Financial Crimes - Fidelity Digital Assets
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
We are looking for a dedicated Senior Compliance Advisor, who among other responsibilities will help the development of digital asset AML policies, procedures, governance and standards to ensure FDA complies with heightened financial crimes compliance expectations for digital assets.
You will be responsible for helping to build a comprehensive first-line defense program with a focus on building out best practice to support new offerings including AML policies, procedures, reporting and governance. These requirements are to ensure FDA compliance with regulatory expectations and is critical to our success. We are looking for a collaborative, team-focused Compliance Advisor with sharp attention to detail that will work within the business and across many functions to ensure appropriate oversight and administration of our digital assets.
In conjunction with the FDA AML Officer and Financial Crimes Compliance, responsibilities are expected to include:
Developing, Writing And Maintaining Policies, Procedures And Standards For
Fidelity Digital Asset is an emerging business unit dedicated to serving our existing institutional customers as well as a growing new customer base within the Fidelity enterprise. Fidelity Digital Assets offers a full-service enterprise-grade platform for securing, trading and supporting digital assets, such as bitcoin. Fidelity Digital Assets combines the operational and technical capabilities of the broader Fidelity organization with dedicated block chain expertise to deliver a completely new offering for investors. Fidelity Investments is one of the world’s largest and most diversified financial services providers with more than $7.3 trillion in client assets under administration. Learn more at http://fidelitydigitalassets.com.
The base salary range for this position is $85,000-171,000 USD per year.
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.
Certifications
Category:
Compliance
Senior Compliance Advisor, Financial Crimes - Fidelity Digital Assets
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
We are looking for a dedicated Senior Compliance Advisor, who among other responsibilities will help the development of digital asset AML policies, procedures, governance and standards to ensure FDA complies with heightened financial crimes compliance expectations for digital assets.
You will be responsible for helping to build a comprehensive first-line defense program with a focus on building out best practice to support new offerings including AML policies, procedures, reporting and governance. These requirements are to ensure FDA compliance with regulatory expectations and is critical to our success. We are looking for a collaborative, team-focused Compliance Advisor with sharp attention to detail that will work within the business and across many functions to ensure appropriate oversight and administration of our digital assets.
In conjunction with the FDA AML Officer and Financial Crimes Compliance, responsibilities are expected to include:
Developing, Writing And Maintaining Policies, Procedures And Standards For
- AML and Sanctions compliance standards for new products and services that may present novel financial crimes risk.
- Customer due diligence and enhanced due diligence onboarding as well as periodic customer review.
- Transaction monitoring and reporting program tailored to digital assets.
- Transfer-restricting illicit or high risk wallets.
- AML Governance, including the creation of key risk indicators and other metrics for senior management and regulatory reporting.
- Oversight of outsourced service providers, including internal AML and Sanctions support teams.
- Advising front office colleagues on all issues relating to AML and Sanctions Compliance.
- Serving as an essential conduit between the Financial Crimes Compliance Team and the Fidelity Digital Assets front office to assist in the successful implementation of AML and Sanctions compliance initiatives.
- Internal audit and regulatory exam support.
- Developing and providing reporting to senior management and regulators as needed.
- Staying well-informed on the evolving regulatory landscape and communicating new and revised regulatory requirements to the business.
- Established (8 years) track record of success in financial services including experience with Compliance, AML and Financial Crimes.
- Deep knowledge of applicable AML and Sanctions laws and regulations and an understanding of material proposed regulations impacting the field.
- Experience with digital assets is a plus.
- Ability to influence key decision makers through a combination of knowledge, reasoning and relationships.
- Demonstrated success working collaboratively across various teams, including Compliance, Legal, Operations, Risk and Audit.
- Excellent interpersonal, verbal, and written communication skills including ability to tailor communication to stakeholders at various levels.
- 4-year college degree required.
- Great organizational skills and proven ability to balance competing asks according to policy, urgency, and importance.
- Proven ability to simultaneously identify, prioritize and address multiple issues and respond to shifts in priorities.
- Strong ability to work and flourish in a fast-moving, start-up environment that operates in an uncharted regulatory environment.
- Process documentation, including process flows.
Fidelity Digital Asset is an emerging business unit dedicated to serving our existing institutional customers as well as a growing new customer base within the Fidelity enterprise. Fidelity Digital Assets offers a full-service enterprise-grade platform for securing, trading and supporting digital assets, such as bitcoin. Fidelity Digital Assets combines the operational and technical capabilities of the broader Fidelity organization with dedicated block chain expertise to deliver a completely new offering for investors. Fidelity Investments is one of the world’s largest and most diversified financial services providers with more than $7.3 trillion in client assets under administration. Learn more at http://fidelitydigitalassets.com.
The base salary range for this position is $85,000-171,000 USD per year.
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.
Certifications
Category:
Compliance
Salary : $85,000 - $171,000