Apply on Employer Site

Fidelity Investments · 1 day ago

Compliance Director, Cash Management and Payments

Smithfield, RI

Full-time

Hybrid

Senior Level, Lead/Staff

$103K/yr - $211K/yr

10+ years exp

Fidelity Investments is a leading financial services company, and they are seeking a Compliance Director for their Wealth and Brokerage Compliance team. This role involves providing compliance leadership and counsel on regulatory requirements related to payment capabilities and cash management features for Fidelity Brokerage Services.

Asset ManagementFinanceFinancial ServicesRetirementWealth Management

Growth Opportunities

No H1B

Responsibilities

Providing compliance leadership and counsel on regulatory and compliance requirements related to the Fidelity Brokerage Services broker-dealer

Supporting a diverse variety of products and service initiatives focused on payment capabilities and cash management features

Identifying, escalating and consulting on problems and issues across the business unit and developing strategic solutions to address business needs

Designing and developing compliance solutions and controls and documenting policies and procedures to mitigate risk to the broker-dealer

Qualification

Payment capabilitiesCash management featuresCompliance experienceRegulatory knowledgeFinancial services experiencePresentation skillsWriting skillsProblem-solvingRelationship buildingCollaboration

Required

Prior experience with payment capabilities and cash management features, such as debit cards and credit cards and the related regulations is strictly required

Debit Card experience should include retail (direct to consumer), intermediary advisor managed, and employer sponsored healthcare debit card offerings

Familiar with and developed a payment/debit card program with a focus on policies and procedures

Experience in a distributed model with multiple vendors and corporate legal entities involved in the end-to-end payments process and BIN sponsorship agreements

BA/BS degree required, JD, MBA, or advanced business degree a plus

10+ years of financial services experience

5 years in a compliance, risk, or legal role in financial services with an understanding of multiple regulatory rules and requirements (e.g. FINRA, MSRB, SEC, FRB, banking regulations, and state securities laws, etc.)

Strong ability to work and thrive in a fast-paced matrixed framework

Strong self-starter, collaborator, relationship builder, and strategic problem solver

Sophisticated ability to understand, research and analyze complex financial, legal, operational, and regulatory requirements

Identify, escalate and consult on problems and issues across the business unit and develop strategic solutions to address business needs

Sophisticated presentation skills and an effective communicator; you are skilled at interactions with employees at all levels

Strong writing skills, with an ability to make complex topics understandable

Influence key decision makers through a combination of knowledge, reasoning, and relationships