Compliance Director, Cash Management – Payments

Role Overview

• provide compliance leadership and counsel on regulatory and compliance requirements related to the Fidelity Brokerage Services (FBS) broker-dealer
• support a diverse variety of products and service initiatives with focus on payment capabilities and cash management features
• provide consultation and advice on broker-dealer products and services offerings to help the business achieve regulatory compliance
• design and develop compliance solutions and controls and document policies and procedures to mitigate risk to the broker-dealer

Requirements

• 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

Benefits

• comprehensive health care coverage and emotional well-being support
• market-leading retirement
• generous paid time off and parental leave
• charitable giving employee match program
• educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career