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Financial Crimes Compliance Enhanced Due Diligence Manager

AT Fidelity Investments
Fidelity Investments

Financial Crimes Compliance Enhanced Due Diligence Manager

Boston, MA

Job Description:

The Enterprise Financial Crimes Compliance Enhanced Due Diligence (EFCC EDD) Manager will have responsibility for the coordination and timely execution of EDD reviews on Fidelity customers identified as higher risk from a financial crimes perspective. The EDD Manager will partner with Fidelity Legal, Risk and Compliance (LRC) organization team members while carrying out the EDD program in a manner that assists each Fidelity business unit in knowing their clients while proactively mitigating identified risks in a thoughtful, balanced and risk-based manner.

The Team

Fidelity is committed to a strong Enterprise-Wide Financial Crimes Compliance program that protects against the misuse of the Firms' products and services for nefarious, illegal purposes. The EFCC group coordinates the day-to-day implementation of Fidelity's financial crimes prevention efforts with responsibilities for the design, implementation, execution, governance, and oversight of the Firm's Anti-Money Laundering (AML), Sanctions and Anti-Corruption programs.

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The Expertise and Skills You Bring

  • Deep securities industry knowledge including comprehensive understanding of AML, Global Sanctions and Global Anti-Corruption regulations.
  • 6+ years of BSA/AML financial crimes compliance or comparable experience at a large financial institution, major consulting firm, regulatory agency, in law enforcement, or a combination thereof.
  • Experience in a senior Financial Crimes compliance role in the securities and/or asset management industry, with demonstrated ability to operate across diverse business units, innovative product sets and a broad array of customer segments, is preferred.
  • Certified Anti-Money Laundering Specialist (ACAMS)/Certified Fraud Examiner (CFE)/Certified AML and Fraud Professional (CAFP) is a plus.
  • Experience interacting with regulators, including the SEC, FINRA, FinCEN and NY DFS.
  • Communication skills to effectively influence firm leadership on prudent courses of action.
  • Collaborates through a proactive/constructive dialogue with senior management, peer leaders, clients, committees, and regulators.
  • Strong leadership skills that embody Fidelity's Leadership Principles.
  • Exceptional relationship management and influencing skills.
  • Independent problem solver; accountable for, and skilled in, exercising sound judgment.
  • High degree of integrity and strong work ethic; decisive with orientation toward results; positive demeanor.
  • Ability to simultaneously identify, prioritize and address multiple issues and quickly respond to shifts in priorities.
  • Analytical with ability to see the broader picture and connect the dots.
  • Cryptocurrency knowledge an advantage but not required.

The Value You Deliver

  • Regulatory Compliance - Execute all aspects of the Financial Crimes Compliance EDD strategy and program across Fidelity legal entities, proactively engaging with business leaders and securities regulators.
  • Communication & Metrics - Focus on improving compliance analytics, metrics, transparency, and communications as they relate to the EDD program by producing regular reporting while using dashboards and business forums that galvanize leaders to action.
  • Assists with internal and external audit and regulatory engagements and oversight work including timely issue follow-up/remediation.
  • Partner with business leaders to promote a collaborative environment that helps the business meet its goals while ensuring it stays within its risk tolerance.
  • Provide senior management, various committees, and governance councils with updates on the regular, periodic status of the EFCC EDD Program.
  • Ability to work and learn quickly in a fast-paced, dynamic environment.
  • Passionate about providing an unparalleled level of service to Fidelity business units and internal partners.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.

Join Us

At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.

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 all business days of every other week in a Fidelity office.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.

Client-provided location(s): Boston, MA, USA; Merrimack, NH, USA; Westlake, TX, USA
Job ID: Fidelity-2103123
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program

Company Videos

Hear directly from employees about what it is like to work at Fidelity Investments.