Boston, MA, US
2 days ago
Director, Asset Class Lead – Digital Assets – Asset Management Compliance
Job Description:

Be a part of Fidelity Asset Management’s digital asset initiatives and join Fidelity’s efforts to further the framework and structure needed in crypto research, tokenization, investment product development, distribution, and digital asset education. The Fidelity Digital Asset Management team strives to deliver a diverse range of digital asset investment vehicles and capabilities to meet the growing needs of our retail, intermediary, and institutional clients. The team includes compliance, trading, business development, product, fund operations, and business operations.

The Role

As a compliance associate for the digital asset team, you will build and maintain relationships with business partners, advise on policy matters, and coordinate key compliance activities relevant to digital assets. You are responsible for working with the broader Asset Management Compliance ('AMC') group to implement this compliance program, which supports critical initiatives, new products, business partner reporting, and error resolution.

In this role, you will build and maintain strong working relationships with Fidelity senior management, providing timely awareness of key risks, issues, and results with Asset Management leaders.

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

Asset Management Compliance

AMC works closely with the investment teams across all asset classes reviewing global regulations, investor requirements, and corporate policies in the interest of promoting customer trust and confidence in Fidelity. AMC is committed to driving Fidelity forward through business partnership and stewardship, platform modernization, and talent development. AMC associates are passionate about delivering sound guidance and creative solutions timely to support Asset Management in delivering the best customer experience in the financial services industry.

Primary Responsibilities

Assist with the design and maintenance of the digital asset compliance program and help serve as a compliance contact for digital assets.

Assist developing an overall strategic vision for the digital asset compliance functional areas.

Develop compliance policies and procedures; monitor the design and operating effectiveness of controls; track legal and regulatory changes and trends; identify and resolve digital assets compliance issues; and help oversee regulatory examinations and assessments.

Support from a compliance standpoint a broad range of activity across digital asset products and services businesses, including developing new products and services and launching new business initiatives.

Partner with trading, portfolio management, research, legal, risk and operational teams in support of operations and client portfolios.

The Expertise You Have

At least 10 years financial services experience, including a focus on digital assets and a preference for a background in compliance, legal and/or regulatory experience.

Strong technical understanding and technical experience with digital assets and blockchain technologies, including various crypto assets/tokens, tokenization of assets on-chain, smart contracts, private keys, stablecoins, staking of rewards, slashing, MEV relays, as well as non-fungible tokens (NFTs), central bank digital currencies (CBDCs), security tokens, and different types of blockchain protocols and blockchains.

Strong understanding of the asset management industry, securities markets, and buy-side trading.

Broad familiarity with digital assets.

Ability to think, influence and act quickly in response to issues.

The Skills You Bring

Outstanding relationship management, communication, collaboration, and influencing skills.

Entrepreneurial thinker; accountable for and skilled in exercising good judgment.

High degree of integrity and strong work ethic; orientation toward results; positive demeanor.

Strong analytical, interpersonal, and problem-solving skills.

Ability to simultaneously identify, prioritize, and address multiple issues and quickly respond to shifts in priorities.

Ability to collaborate with others in a team-oriented, fast-paced environment.

Outstanding organizational skills, including managing project teams while also contributing individual work.

Ability to drive operational improvements through technology solutions.

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. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

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.

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