Job Description:

The Role

The Compliance Advisor will be responsible for providing a broad range of direct advisory support to Fidelity Capital Markets (FCM) fixed income trading, sales and operations desks and the supervisors responsible for compliance with fixed income related rules and regulations mandated by FINRA, MSRB and the SEC. The candidate will interact with varying levels of business unit employees and compliance colleagues.  The compliance advisor would be expected to:

Investigate potential issues and communicate with other Compliance colleagues and/or business associates to remediate such issues.  

Implement necessary Compliance changes due to new or amended regulatory requirements applicable to product areas.  

Support the introduction of new products and service initiatives by providing advice and developing the appropriate Compliance/supervisory infrastructure.

Design and deliver targeted training to business personnel.      

Assist regulatory inquiries/exam staff with regard to relevant regulatory matters. 

Remain abreast of emerging regulatory issues that may impact Fidelity by analyzing relevant enforcement matters, subscribing to key industry periodicals and being an active participant in industry groups such as SIFMA, FIF, and ICI.

Partner with compliance colleagues and business partners on regulatory matters and surveillance escalations.

Use previous experience and knowledge of broker dealer operations or trading activity.

The Expertise and Skills You Bring

Bachelor’s Degree

MBA or law degree a plus.

Preferred 3 years of experience in a trading environment or experience with a securities regulator.

Series 7 and SIE (or obtain within six months of hire).

Interpersonal – Ability to partner, interact, collaborate, build trust, negotiate with and influence staff from all levels of the organization. 

Communication – Precise and accurate communication skills are critical to the candidate’s success.  Written documents include Compliance Notices, Policies and Written Supervisory Procedures, Assessments, and Power Point presentations.  Succinct verbal and electronic communications range from daily interactions with fixed income desk staff to members of senior management.

Accountability and Judgment – Ability to own issues and initiatives and see them through to the proper and timely completion. Similarly, the candidate must exercise sound judgment with respect to their decision making process.

Knowledge – Strong understanding of securities markets, specifically fixed income securities and associated regulations.

Analytical – Ability to identify core regulatory and compliance issues in a fluid trading environment.

The Team

Capital Markets Compliance is part of the Fidelity Institutional Compliance Organization. The team provides regulatory guidance to FCMs’ various businesses and employees which requires interaction with affiliates, including Fidelity Brokerage Services and FMR LLC (the mutual fund family). Further, the team interacts daily with Legal, Risk, Finance, and Operations.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award(opens in a new tab), we have been recognized by our employees as a Best Place to Work in 2022. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

As a result of COVID-19, many of our associates are continuing to work remotely. When Fidelity employees eventually return to the office, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working(opens in a new tab).” 

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 2.