Compliance Director

Job Description:

Compliance Director, Fixed Income Compliance

The Role

Fidelity Institutional Compliance is seeking an associate to provide compliance coverage for Fidelity Capital Markets (FCM) fixed income trading, sales and underwriting desks. FCM is the trading arm of Fidelity Investments, executing trades on behalf of institutional clients and many of Fidelity’s other businesses.

The FCM Compliance Director will be responsible for providing a broad range of direct advisory support to trading desks and product areas within FCM. The associate will build and maintain relationships with business partners, advise on policy matters, and coordinate key compliance activities relevant to our businesses.  In addition to fixed income coverage, the Compliance Director will support FCM’s Equity Syndicate Desk.

The Compliance Director will be responsible for:

• ​Providing ongoing advisory support to FCM fixed income trading, sales, and underwriting desks.

• Developing and maintaining written supervisory procedures and compliance policies applicable to the team’s coverage area.

• Facilitating the implementation of new or amended regulations.

• Collaborating with the FI Compliance Regulatory Management team in regulatory matters, as necessary.

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

• Designing and delivering targeted training to business personnel.

• Tracking emerging regulatory issues that may impact the firm by analyzing relevant enforcement matters and being an active participant in relevant industry groups.

The Expertise and Skills You Bring

• Prior experience in a fixed income trading environment and/or relevant experience with a securities regulator.

• Familiarity with one or more of the following fixed income product areas:  underwriting, trading, institutional sales, or fixed income trade reporting (TRACE/RTRS).

• Strong written and oral communication skills including the ability to explain issues accurately and succinctly to compliance and business management.

• The ability to work both independently and as part of a closeknit team.

• Accountability and ownership of issues and initiatives, with an ability to independently exercise good judgment and see projects through to completion.

• Intellectual curiosity and sharp investigative skills, as well as strong analytical and problem-solving skills.

• Ability to influence key decision makers through a combination of knowledge, reasoning and relationships.

The base salary range for this position is $100,000-$169,000 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.

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

Certifications:

Category:

Compliance