Senior Compliance Advisor

Job Title Senior Compliance Advisor

The Role

The Senior Compliance Advisor will be responsible for providing a range of support to a trading desks and product areas within FCM. The advisor will provide technical and interpretative guidance to FCM personnel.

• Provide advisory support to FCM Equity and Options trading desks and supporting operations.
• Develop and maintain written supervisory procedures, compliance policies and other documentation.
• 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 requirements, supervisory infrastructure and control framework.
• Design and deliver targeted training to business personnel.
• Assist regulatory inquiries/exam staff in responding 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 issues.

The Expertise and Skills You Bring

• Subject matter expertise in one or more of the following areas: equity and options trade reporting platforms or operational trade support.
• An in-depth understanding of the securities markets and associated regulations.
• Strong written and oral communication skills. Written documents include compliance notices, written supervisory procedures, assessments, and presentations. Oral communications range from daily interactions with desk staff to the ability to explain issues accurately and succinctly to compliance and business management.
• Ability to proactively identify core regulatory and compliance issues in a fluid trading environment.
• Effective relationship building skills to interact with colleagues and business partners.
• Interpersonal skills with an ability to partner, interact, collaborate, build trust, problem solve, and seek to influence staff from all levels of the organization.
• Accountability and ownership of issues and initiatives, with an ability to independently exercise good judgment and see projects through to completion
• Ability to thrive in a fast-paced environment while managing multiple priorities
• Intellectual curiosity and sharp investigative skills, as well as strong analytical and problem-solving skills
• College degree required, business major preferred.
• MBA or law degree a plus.
• Prior trade reporting compliance or product experience (i.e., CAT, CAT CAIS, LOPR, ACT, 605/606) is required. Or similar experience with a securities regulator.
• Provide advisory support to FCM Equity and Options trading desks and supporting operations.

The Team

Fidelity Institutional Compliance is looking for a Senior Compliance Advisor to cover Fidelity Capital Markets (FCM). FCM is the trading arm of Fidelity Investments, executing equity, option, and fixed-income securities trades on behalf of institutional clients as well as many of Fidelity’s other businesses.

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.