Job Description:

DIRECTOR – COMPLIANCE ADVISOR | Fidelity Digital Assets

The Role

We are looking for a dedicated Director - Compliance Advisor, who among other responsibilities will help lead the development of digital asset AML/CFT and sanctions policies, procedures, governance and standards to ensure Fidelity Digital Assets® complies with heightened financial crimes compliance expectations for digital assets.

As a Director, you will be responsible for building a comprehensive first-line of defense program with a focus on building out best practices in financial crimes compliance to support new offerings including policies, procedures, reporting and governance. These requirements are to ensure compliance with regulatory expectations and is critical to our success. We are looking for a collaborative, team-focused Director with a sharp attention to detail that will work within the business and across many functions to ensure appropriate oversight and administration our digital assets.

In conjunction with the Fidelity Digital Assets® 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;
  • Transaction monitoring and reporting program tailored to digital assets;
  • 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;
  • Travel Rule and funds transfer compliance
• 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

The Expertise and Skills You Bring

• 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 required
• 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

This role will include a blend of at-home and in-office work. Learn more about how Fidelity has embraced Dynamic Working.

Fidelity is not providing immigration sponsorship for this position

The Team

A subsidiary of Fidelity Investments, Fidelity Digital Assets® provides an institutional-grade digital asset experience that incorporates the history, principles, and expertise of a traditional financial institution. The business is uniquely built for institutional investors and offers secure custody, integrated trading, and 24/7 support in the digital asset ecosystem. Established in 2019, Fidelity Digital Assets develops products and solutions that scale with investors’ needs, allowing clients to navigate digital assets with confidence. Learn more at www.fidelitydigitalassets.com.

The base salary range for this position is $103,000-211,000 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.

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.

Certifications:

Category:

Compliance