Director, Privacy and HIPAA Compliance
Fidelity Investments · Boston, United States · 25d ago
Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
Are you an innovator with a passion for data management, protection and privacy? As a Director, Compliance in Workplace Investing Compliance Office, you will be part of a team of compliance professionals helping to invent the future of Fidelity by supporting a wide array of initiatives providing better ways for employers to successfully manage employee benefits, and for customers to manage their financial and healthcare needs. You will be providing guidance to business partners on the key rules and regulations that must be followed when building innovative solutions for our clients and customers.
The Role
As a key member of the Data Compliance Team within the Workplace Investing Compliance Office, you will advise and partner with Fidelity's Workplace Investing and related healthcare-focused businesses to implement and maintain a strong, risk-based compliance program addressing HIPAA, privacy, health data, and broader data compliance requirements.
You will function as a primary compliance resource for the governance and safeguarding of PHI, PII, and other critical data. You will represent Compliance on data governance and privacy-related committees, influence strategic decisions related to products, processes, and technology solutions, which includes providing compliance oversight and guidance on AI- and data-driven solutions, helping ensure that AI and ADMT use cases appropriately address applicable legal, regulatory, privacy, governance, transparency, and risk management requirements, and help ensure regulatory obligations are appropriately considered throughout the data lifecycle.
Working closely with partners in Legal, Risk, Privacy, Technology, Data Governance, Vendor Management, Product, Security, and Contracts, you will lead compliance initiatives, support regulatory organizational change, advise on sophisticated privacy and health data matters, and help drive consistent and balanced compliance practices throughout the company. This position involves regular engagement with senior leadership to advise decision-making and support Fidelity's dedication to protecting customer, participant, and employee information.
As part of WI Compliance Office, you will advise and work with Fidelity’s Workplace Investing business to implement and maintain a strong, effective compliance program designed to address Data Compliance regulations. You will represent Compliance on data governance committees and influence decisions for WI strategic initiatives. You will work closely with partners in Legal, Risk, Contracts, Privacy, Data, Technology, Vendor and Product to lead compliance initiatives, maintain compliance programs and respond to client and data subject requests related to Privacy and Data Protection. In this role you will engage with senior level management to inform and influence key product and process decisions to help ensure compliance.
By providing proactive compliance oversight, strategic regulatory guidance, and subject matter expertise in HIPAA and privacy, you will help ensure Fidelity maintains effective compliance programs, supports key business initiatives, and responsibly handles sensitive health and personal information in an increasingly complex regulatory landscape.
The Expertise and Skills You Bring
Bachelor’s degree required; advanced degree and/or JD preferred.
Experience in financial services, or healthcare services preferred.
Experience in Privacy and Data Protection regulations preferred.
Experience in compliance, data lifecycle management, and/or risk management preferred.
Strong knowledge of federal and state laws, regulations, and agencies governing business lines supported.
Strong interpersonal and influencing skills, including ability to collaborate effectively across all levels of the organization, to deliver results.
Excellent verbal and written communications skills - ability to present ideas and complex information clearly and effectively through multiple channels.
Proven track record to identify, analyze and resolve problems independently, and escalate matters when appropriate.
Ability to respond effectively to shifting priorities while maintaining progress of regularly scheduled work.
Microsoft Office suite of applications, SharePoint, and eReview are some of the many tools in your toolbox.
Providing compliance advice and support on data management, protection and privacy.
Assisting business partners with maintaining strong controls to protect personally identifiable and health data across WI and HCG.
Establishing and maintaining an inventory of activities across the Workplace Business that have a PHI, PII, and otherwise sensitive nexus, providing a comprehensive and enterprise view.
Providing compliance risk management support to legal entities. Monitoring, reviewing, and disseminating requirements of new laws, regulations and other guidance.
Providing decision support to resolve compliance issues that arise in the business.
Drafting and reviewing policies and procedures for specific compliance content.
Developing enhanced executive reporting driving transparency and measurement of program health.
The Team
Our Compliance team effectively manages compliance readiness activities related to new regulatory rules and requirements and provides product and service support to the Workplace Investing and the Health Care Group businesses to help achieve key business goals and initiatives.
Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
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.