Vice President, Asset Management Compliance at Fidelity Investments

Boston, Massachusetts, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Financial ServicesIndustries

Requirements

Bachelor's degree or equivalent with 12+ years of asset management compliance experience, or Master's degree with 10+ years of asset management compliance experience
Strong background in fund formation for alternatives, as well as operational, distribution, and compliance matters
Experience with various asset classes including hedge funds, managed futures funds, liquid alternatives, Business Development Companies, private equity, private credit, real estate
Solid understanding of asset management laws and regulations, including the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Commodity Exchange Act of 1936, the Commodity Futures Modernization Act of 2000, related SEC, CFTC, and NFA rules and regulations, and industry practices relating to alternative investments

Responsibilities

Actively participate in the development and support of an Alternatives compliance program and serve as the lead compliance subject matter expert for liquid alternatives
Provide ongoing management of the Alternatives compliance program as one of the AMC subject matter experts in the Alternatives compliance team
Support Compliance Operations, Reporting, and Data considerations
Provide oversight and guidance to investment teams and business leaders as Fidelity grows its alternatives business through the development and evolution of Alternatives compliance programs and support for Alternative’s investment strategies, partnering with internal leadership and product development teams
Support product development groups and various stakeholders (including Legal, Treasurer’s Office, AM Risk) in launching new alternatives offerings by assessing compliance impacts and reviewing offering documents
Develop and maintain a robust compliance program that fits and evolves around the Alternatives businesses (including policy enhancements and new procedures)
Assist with the growth and development of the compliance team
Serve as a compliance point of contact for various Fidelity teams engaged in Alternatives business lines
Provide oversight and guidance to investment teams and business leaders on matters such as co-investment requirements, season & sell, VCOC, etc
Provide compliance support and oversight for various aspects of Fidelity’s registered and private funds and investment advisory services
Support the alternatives compliance review of marketing materials
Provide oversight as one of the leaders and contact person for investment teams on matters involving conflicts management

Skills

Key technologies and capabilities for this role

Asset Management ComplianceAlternatives ComplianceHedge FundsManaged Futures FundsLiquid AlternativesBusiness Development CompaniesPrivate EquityPrivate CreditReal EstateFund FormationInvestment Company Act of 1940Investment Advisers Act of 1940Commodity Exchange ActSEC RegulationsCFTC RegulationsNFA Rules

Questions & Answers

Common questions about this position

What experience level is required for this Vice President role?

A Bachelor's degree or equivalent with 12+ years of asset management compliance experience is required, or a Master's with 10+ years.

What specific skills and knowledge are needed for the Alternatives compliance role?

Candidates need a strong background in fund formation for alternatives, operational, distribution, and compliance matters, experience with asset classes like hedge funds, private equity, and private credit, and solid understanding of key regulations including the Investment Company Act of 1940 and Investment Advisers Act of 1940.

What is the salary or compensation for this position?

This information is not specified in the job description.

Is this role remote or does it require office work?

This information is not specified in the job description.

What does the company culture look like in Asset Management Compliance?

AMC is committed to driving Fidelity forward through business partnership and stewardship, platform modernization, and talent development, with associates passionate about providing mentorship, creative solutions, and supporting the best customer experience.

Fidelity Investments

Investment management and financial services provider

About Fidelity Investments

Fidelity Investments offers a range of financial services and tools designed to help individuals manage their investments and stay informed about the markets. Their products include mobile applications and market monitoring tools that provide users with real-time market quotes, news, and trading capabilities. For example, the Fidelity Market Monitor for Glass delivers daily market quotes directly to Google Glass, while the Fidelity app for Windows Phone 8 allows users to access news and trading tools on their mobile devices. Additionally, features like the Watch List Visualization for iPad help users track stock price changes over time using a heatmap. What sets Fidelity apart from its competitors is its focus on integrating new technologies and user-friendly interfaces to enhance the investment experience. The goal of Fidelity Investments is to empower individuals with the information and tools they need to make informed financial decisions.

Boston, MassachusettsHeadquarters

1946Year Founded

$120,238.8MTotal Funding

DEBT_FINANCINGCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Mental Health Support

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Risks

Loss of key personnel like Gita Bal may impact Fidelity's research capabilities.

Increased competition from Vanguard's new division could draw clients away from Fidelity.

Potential reputational risk from Bitcoin ETF outflows could affect Fidelity's offerings.

Differentiation

Fidelity Labs offers innovative beta products like Market Monitor for Google Glass.

Fidelity's mobile solutions are available on multiple platforms, including Windows Phone and iPad.

Fidelity's Open Limit Order Visualization provides unique insights into order execution proximity.

Upsides

Increased adoption of wearable tech could boost Fidelity's mobile solutions.

Growing interest in Bitcoin ETFs suggests expansion in Fidelity's digital asset offerings.

Rise of AI could benefit Fidelity's data analytics and AI-driven investment strategies.

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