Director, FDA Compliance
Fidelity Investments · Boston, United States · 1d ago
Fidelity will not provide immigration sponsorship for this position.
Job Description:
Director, Regulatory Compliance
The Role
As a member of the Fidelity Digital Assets® Compliance team, you will serve as an informed and trusted business partner, promoting a culture of ethical conduct and commitment to compliance. You will also collaborate with many teams across the Fidelity organization, such as Wealth and Brokerage, Fidelity Institutional, and Workplace Investing.
The ideal candidate is a highly adaptable compliance professional who combines strong regulatory knowledge with strategic thinking, sound judgment, and practical execution skills. This individual is equally comfortable advising senior leadership, managing complex regulatory examinations, developing compliance program infrastructure, and supporting evolving business initiatives in a dynamic regulatory environment.
Responsibilities
- Provide compliance advisory support on federal and state banking laws, regulations, regulatory guidance, and supervisory expectations applicable to the bank and its digital asset activities.
- Monitor, assess, and communicate regulatory developments affecting the digital asset industry, including evaluating potential impacts to products, services, operations, and business strategy.
- Support the identification, assessment, escalation, and management of regulatory compliance risks across the business.
- Assist in the development and maintenance of compliance governance frameworks, policies, procedures, standards, controls, and monitoring processes.
- Build strong connections between business-specific compliance activities and enterprise compliance programs, policies, and risk management practices.
- Prepare executive- and board-level reporting, dashboards, presentations, and other communications that effectively convey compliance risks, regulatory developments, and program status.
- Lead and coordinate regulatory examinations, supervisory engagements, and ongoing regulatory requests, including stakeholder preparation, response management, issue tracking, and remediation activities.
- Support special projects and strategic compliance initiatives as business and regulatory priorities evolve.
The Expertise & Skills You Bring
- 10 plus years of experience in Compliance, Risk Management, Legal, Regulatory Affairs, or a related function within financial services, consulting, or a regulatory agency.
- Demonstrated experience interacting with federal and/or state financial services regulators, including examination management and regulatory engagement.
- Strong understanding of banking regulatory frameworks and compliance management systems.
- Experience assessing regulatory requirements and translating them into practical business guidance and risk-based compliance solutions.
- Exceptional written and verbal communication skills, including the ability to prepare concise executive summaries, board materials, and regulatory correspondence.
- Strong analytical, organizational, project management, and problem-solving skills.
- Ability to manage multiple priorities and operate effectively in a fast-paced and evolving regulatory environment.
- Proven ability to work independently while building strong partnerships across Compliance, Legal, Risk, Operations, and business teams.
- Bachelor's degree required.
- Experience supporting an OCC-regulated bank, trust bank, fintech, digital asset, payments, or financial technology business.
- Prior regulatory experience with the OCC, FDIC, Federal Reserve, CFPB, or similar agency.
- Experience with digital assets, custody, payments, stablecoins, blockchain-related activities, or emerging financial technologies.
- Master's degree, MBA, JD, or other advanced degree.
- Experience developing policies, procedures, governance frameworks, and board-level reporting
The TeamThis team reports to the Chief Compliance Officer for Fidelity Digital Assets®, a full-service, enterprise-grade platform for securing, trading, and supporting investments in digital assets. Fidelity Digital Assets® is part of the Enterprise Services portfolio of agile, standalone organizations, which drive innovation, with the purpose of collaborating with Fidelity’s businesses to develop new sources of revenue, explore emerging technologies, enhance operational capabilities, and improve customer experience. The Enterprise Services portfolio also includes Fidelity Labs, the Fidelity Center for Applied Technology, F-Prime Capital, and Impresa Management LLC.
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.