The Vice President, Compliance is the primary person responsible for implementing and managing the compliance program for the Fidelity Investment Adviser to select portfolios and exchange traded funds.
The position will report to the Senior Vice President and Chief Compliance Officer for the Fidelity Equity & High Income Division.
Investment Adviser Compliance:
The position will be responsible for working directly with senior management to design, build and implement a compliance program for a Fidelity Investment Adviser to select portfolios and exchange traded funds.
Specifically, the position will lead the:
Compliance ETF program design and implementation, monitoring and testing
Rule 206(4)-7 compliance policies and procedures
Risk assessment and gap analysis
Drafting CCO reports and related board reporting
Specialized reviews and compliance assessments
Design and implementation of an operational metrics program
Periodic review of the compliance program to incorporate new or changed regulations
Review of new products and existing products to ensure compliance with regulatory and internal requirements
Preparing regulatory and internal exam responses
Error resolution and remediation
The position will be the primary contact for compliance related issues for the Investment Adviser and coordinate the compliance initiatives with all key stakeholders, including Line Management, Legal, Audit and the Treasurer’s Office.
The position will also represent and provide the compliance perspective on all business initiatives.
Manage conflicts of interest:
The position is responsible for identifying potential conflicts of interests and evaluating the strength of existing controls to mitigate regulatory risk related to: 1) Fidelity’s corporate structure and affiliation issues; 2) Investment management; and 3) The Investment Adviser’s business operations.
The position will consult with line management across all of the Investment Adviser’s functions to identify best practices and develop and maintain compliance policies and procedures and risk assessments consistent with the expanding mix of Fidelity’s products and distribution channels.
Education and Experience
- Bachelors Degree required
- Post-graduate degree a plus (e.g. MBA or JD)
- Working knowledge of Microsoft Office Suite of Applications
Skills and Knowledge
- MUST HAVE Experience advising compliance programs for exchange traded funds (ETFs)
- A working knowledge of:
- Investment Adviser rules & regulations
- Investment Company rules and regulations
- Fidelity Asset Management Division Compliance Policies and Procedures
- 6-10 years experience in compliance/audit/legal departments for financial services firm
- Strong self-starter
- Excellent analytical skills
- Effective communication and organizational skills
- Strong interpersonal skills
Fidelity Investments is one of the world’s largest providers of financial services. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit
Fidelity Investments is an equal opportunity employer.
Fidelity Investments has a rich and proud history of making financial expertise accessible and effective in helping people live the lives...