Financial Crimes Compliance Advisor, Fidelity

Job Description:

The Role

We are looking for a dedicated Compliance Advisor, who among other responsibilities will help the development of digital asset AML policies, procedures, governance and standards to ensure Fidelity Digital Asset (FDA) complies with heightened financial crimes compliance expectations for digital assets. You will be responsible for helping to build and maintain a comprehensive first-line of defense program with a focus on building out best practices to support new offerings and supporting the FDA AML Officer and team in the day-to-day administration of FDA's AML and sanctions programs to ensure regulatory compliance.

Responsibilities are expected to include:

• Assist in drafting, reviewing, and maintaining AML, sanctions, and financial crime-related policies and procedures to ensure compliance with state and federal regulations and remain up to date with evolving regulatory requirements and industry best practices.
• Review new customer account KYC information to identify and escalate potential AML, sanctions, reputational, or other compliance concerns.
• Assess customer profiles and transactional activity to ensure alignment with risk appetite and regulatory expectations.
• Collaborate with internal stakeholders to resolve KYC deficiencies and address potential red flags.
• Identify process gaps and recommend enhancements to strengthen the compliance program.
• Assist with assessing and improving internal controls related to AML, sanctions, and financial crime compliance.
• Support the execution of annual AML and sanctions risk assessments, including collecting and analyzing data to assess risk exposure across business lines and geographies.
• Assist in preparing for the annual NYDFS Part 504 compliance certification, ensuring compliance with transaction monitoring and sanctions screening requirements.
• Provide data and analysis on emerging risks, trends and key compliance metrics for periodic reporting to senior management and the Board.
• Support AML and sanctions training initiatives by providing insights and materials for employee education.
• Stay informed on regulatory updates and industry developments to enhance compliance knowledge.

The Expertise and Skills You Bring

• Established (5+ years) track record of success in financial services including experience with Compliance, AML and Financial Crimes
• Experience working on KYC/CIP/onboarding at a financial institution
• Experience drafting and maintaining AML and sanctions-related policies and procedures.
• Deep knowledge of applicable AML and Sanctions laws and regulations and an understanding of material proposed regulations impacting the field
• Digital assets experience or interest is a plus
• Demonstrated success working collaboratively across various teams, including Compliance, Legal, Operations, Risk and Audit
• Excellent interpersonal, verbal, and written communication skills including ability to tailor communication to stakeholders at various levels
• Great organizational skills and proven ability to balance competing asks according to policy, urgency, and importance
• Proven ability to simultaneously identify, prioritize and address multiple issues and respond to shifts in priorities
• Strong ability to work and flourish in a fast-moving, start-up environment that operates in an uncharted regulatory environment
• Process documentation, including process flows
• 4-year college degree required

This role will include a blend of at-home and in-office work. Learn more about how Fidelity has embraced Dynamic Working.

The Team

Fidelity Digital Asset is an emerging business unit dedicated to serving our existing institutional customers as well as a growing new customer base within the Fidelity enterprise. Fidelity Digital Assets offers a full-service enterprise-grade platform for securing, trading and supporting digital assets, such as bitcoin. Fidelity Digital Assets combines the operational and technical capabilities of the broader Fidelity organization with dedicated block chain expertise to deliver a completely new offering for investors.

This role can be filled at Compliance or Senior Compliance Advisor

The base salary range for this position is $81,000-$137,000 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