What are the responsibilities and job description for the Total Rewards Associate position at Fidelity Investments?
Job Description
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
This role is a hands-on equity administration and consulting position within Fidelity Workplace Consulting, focused on co-sourcing stock plan operations for corporate clients. You act as an extension of the client’s internal equity team, managing daily stock plan transactions, ESPP administration, tax compliance, reporting, and Section 16 support while also contributing to process improvement and cross functional consulting projects within total rewards.
It Blends
Skills
Our consulting team at Fidelity provides a unique experience for candidates looking for an opportunity to grow their skills and overall career development. Specifically, our team is organized to focus on three key experiences:
We are client focused. Our work with clients is oriented around problem solving and not defined by products we can upsell to our client. Simply put we do what is best for our clients knowing from that our strong financial success continues. All members of our team work with our most senior leaders on a day-to-day basis. This gives everyone the opportunity to learn from industry leaders with 20 years of experience. We think it is important for our associates to have client exposure early in their careers and throughout to develop strong relationship skills. As such, we provide opportunities for all to gain valuable client exposure and assist in the critical process of building client relationships that last.
The Fidelity Workplace Consulting Group is made up of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, offering a broad range of services that span benefits design, strategy, funding, communication, and delivery. Many of our team leaders bring experience from other leading consulting firms. While we primarily serve Fortune 1000 companies, we also work with Fidelity clients of all sizes ranging from Fortune 50 to tax-exempt market to Fortune 2000. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting.
The base salary range for this position is $67,000-$127,000 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.
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. Please consult with your recruiter for the specific expectations for this position.
Certifications
Category:
Consulting
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
This role is a hands-on equity administration and consulting position within Fidelity Workplace Consulting, focused on co-sourcing stock plan operations for corporate clients. You act as an extension of the client’s internal equity team, managing daily stock plan transactions, ESPP administration, tax compliance, reporting, and Section 16 support while also contributing to process improvement and cross functional consulting projects within total rewards.
It Blends
- Operational execution (PSW, transactions, data integrity)
- Client advisory (compliance, reporting, governance)
- Consulting mindset (process improvements, project work)
- Exposure to senior client leaders and legal teams
- Provide daily stock plan administration support to client on a co-sourcing basis
- Oversee the accurate and timely processing of equity related transactions, such as stock option exercises, restricted stock unit distributions, and dividend distributions.
- Monitors tax rates for upcoming equity transactions and liaises with the client’s contact to ensure tax compliance.
- Provides accurate and timely processing of reports to support clients payroll processes
- Manages Restricted Persons List / Blackouts.
- Support upload and updates to indicative data
- Initiate changes service requests
- Administers client’s Employee Stock Purchase Plan (ESPP), inclusive of eligibility tracking, enrollment, contribution change and withdrawal monitoring, and purchase processing / reporting, disqualifying disposition tracking/reporting.
- Partners with clients’ legal department to manage all aspect of equity transactions for the Section 16 population
- Develops and recommends process improvements to support co-sourcing service.
- Working knowledge of the market, trends, regulations, and political environment impacting equity and compensation programs.
- Supports cross functional project work with the broad-based rewards team.
- BS/BA required (MBA preferred),
- CEP designation preferred.
- 3-5 years’ overall experience
- Knowledge of Fidelity’s PSW system
- Strong organizational and multi-tasking abilities; analytical and problem-solving abilities, and time management skills.
- Ability to work independently while prioritizing workloads and works well under pressure.
- Ability to project manage, set priorities, meet goals and deadlines
- Strong attention to detail with ability to self-audit to ensure data integrity and accuracy.
- Strong writing and oral communication skills
- Customer service oriented
- Strong Microsoft Office PC skills in Excel, Word, and PowerPoint
Skills
Our consulting team at Fidelity provides a unique experience for candidates looking for an opportunity to grow their skills and overall career development. Specifically, our team is organized to focus on three key experiences:
We are client focused. Our work with clients is oriented around problem solving and not defined by products we can upsell to our client. Simply put we do what is best for our clients knowing from that our strong financial success continues. All members of our team work with our most senior leaders on a day-to-day basis. This gives everyone the opportunity to learn from industry leaders with 20 years of experience. We think it is important for our associates to have client exposure early in their careers and throughout to develop strong relationship skills. As such, we provide opportunities for all to gain valuable client exposure and assist in the critical process of building client relationships that last.
The Fidelity Workplace Consulting Group is made up of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, offering a broad range of services that span benefits design, strategy, funding, communication, and delivery. Many of our team leaders bring experience from other leading consulting firms. While we primarily serve Fortune 1000 companies, we also work with Fidelity clients of all sizes ranging from Fortune 50 to tax-exempt market to Fortune 2000. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting.
The base salary range for this position is $67,000-$127,000 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.
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. Please consult with your recruiter for the specific expectations for this position.
Certifications
Category:
Consulting
Salary : $67,000 - $127,000