Job Description:

In Workplace Consulting, the primary responsibility of the Director – Compliance is providing day-to-day management of a team of associates that prepare Form 5500 and related filings for the Defined Benefit, Defined Contribution, and Health & Welfare plans of Fidelity clients. The Director, Compliance will also have responsibility for overseeing the Domestic Relations Order qualifications (QDRO) and divorce decree work performed by this team.

The Expertise You Have Specific experience with Form 5500 and related filings (absolute requirement for role)Specific experience with Form 5500 filing software (FT William, Relius, EFast, etc.)Bachelor’s Degree or equivalent work experience10+ years in the employee benefits industry with 5+ years of associate management experienceExcellent coaching and leadership skillsClient consulting skillsProven leadership ability with self-motivation and determinationProject management and influence skills

The Skills You BringYou have strong team and people management skills.You have a deep understanding of form 5500 and related filing work.You are technically inclined with application experience and proficiency (e.g.- Excel, Word, PowerPoint, database tools, ad-hoc query development, etc.).You have strong project management skills, the ability to balance/prioritize multiple projects, and an understanding of risk and time management.You have an ability to work within budgeted timeframes to maintain client profitability without sacrificing quality.

The Value You DeliverServe as primary point of contact for internal customers regarding our clients’ form 5500 filings. Prepare and participate in regular client service reviews and/or business planning meetings.Monitor team goal and performance measurements.Lead associates on your team in the capacity of workload, quality, and timeliness. Provide timely feedback on performance to help associates own their daily tasks/deliverables, progress on their development, and address any outstanding performance issues.Be responsible for team financials and client billing work.Develop effective performance measures and work with associates on goals and initiatives that will improve both the organization and the associate’s career development. Prepare annual performance and compensation reviews for associates.Act as a subject matter expert for questions regarding 5500 services to our internal business partners and colleagues.  Keep current with ERISA, DOL, and IRS regulations regarding 5500 reporting.Lead by example by demonstrating a strong work ethic, professional conduct, and a continuous improvement mindset.Work closely with senior management to meet business objectives and priorities. Serve as a leader and run projects and/or initiatives for your business unit.Work with Fidelity colleagues, clients, and third parties to onboard new clients.Identify and communicate successful and efficient practices used for your own client(s) that may be brought to bear across other clients and instituted as the standard methodology.Draft contracts for special projects and be accountable for client financials.

The Team

This role will reside within Workplace Consulting’s Center of Excellence (COE) organization. You will be responsible for managing all aspects of the day-to-day delivery of government form 5500 filing work, business reporting, contractual obligations, and internal scale & efficiency initiatives. You also will be responsible for ensuring new clients are successfully implemented, onboarded, and ready for ongoing filing work at their respective go-live dates. You will support the COE’s interests in collaborating with the cross product/functional subject matter experts, and other lines of business. You will work to solve problems and be empowered to make decisions based on trends, issues, and business drivers.

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:

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.