Financial Crimes Compliance Advisor, Fidelity Digital Assets
Company: Fidelity Investments
Location: Jersey City
Posted on: March 12, 2025
Job Description:
Job Description:The RoleWe are looking for a dedicated
Compliance Advisor, who among other responsibilities will help the
development of digital asset AML policies, procedures, governance
and standards to ensure FDA complies with heightened financial
crimes compliance expectations for digital assets. You will be
responsible for helping to build and maintain a comprehensive
first-line of defense program with a focus on building out best
practices to support new offerings and supporting the FDA AML
Officer and team in the day-to-day administration of FDA's AML and
sanctions programs to ensure regulatory compliance.Responsibilities
are expected to include:
- Assist in drafting, reviewing, and maintaining AML, sanctions,
and financial crime-related policies and procedures to ensure
compliance with state and federal regulations and remain up to date
with evolving regulatory requirements and industry best
practices.
- Review new customer account KYC information to identify and
escalate potential AML, sanctions, reputational, or other
compliance concerns.
- Assess customer profiles and transactional activity to ensure
alignment with risk appetite and regulatory expectations.
- Collaborate with internal stakeholders to resolve KYC
deficiencies and address potential red flags.
- Identify process gaps and recommend enhancements to strengthen
the compliance program.
- Assist with assessing and improving internal controls related
to AML, sanctions, and financial crime compliance.
- Support the execution of annual AML and sanctions risk
assessments, including collecting and analyzing data to assess risk
exposure across business lines and geographies.
- Assist in preparing for the annual NYDFS Part 504 compliance
certification, ensuring compliance with transaction monitoring and
sanctions screening requirements.
- Provide data and analysis on emerging risks, trends and key
compliance metrics for periodic reporting to senior management and
the Board.
- Support AML and sanctions training initiatives by providing
insights and materials for employee education.
- Stay informed on regulatory updates and industry developments
to enhance compliance knowledge.The Expertise and Skills You Bring
- Established (5+ years) track record of success in financial
services including experience with Compliance, AML and Financial
Crimes
- Experience working on KYC/CIP/onboarding at a financial
institution
- Experience drafting and maintaining AML and sanctions-related
policies and procedures.
- Deep knowledge of applicable AML and Sanctions laws and
regulations and an understanding of material proposed regulations
impacting the field
- Digital assets experience or interest is a plus
- Demonstrated success working collaboratively across various
teams, including Compliance, Legal, Operations, Risk and Audit
- Excellent interpersonal, verbal, and written communication
skills including ability to tailor communication to stakeholders at
various levels
- Great organizational skills and proven ability to balance
competing asks according to policy, urgency, and importance
- Proven ability to simultaneously identify, prioritize and
address multiple issues and respond to shifts in priorities
- Strong ability to work and flourish in a fast-moving, start-up
environment that operates in an uncharted regulatory
environment
- Process documentation, including process flows
- 4-year college degree requiredThe TeamFidelity Digital Asset
("FDA") is an emerging business unit dedicated to serving our
existing institutional customers as well as a growing new customer
base within the Fidelity enterprise. Fidelity Digital Assets offers
a full-service enterprise-grade platform for securing, trading and
supporting digital assets, such as bitcoin. Fidelity Digital Assets
combines the operational and technical capabilities of the broader
Fidelity organization with dedicated block chain expertise to
deliver a completely new offering for investors. Fidelity
Investments is one of the world's largest and most diversified
financial services providers with more than $7.3 trillion in client
assets under administration. Learn more at .The base salary range
for this position is $71,000-$112,000 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 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:Category:Compliance
We welcome those with experience in jobs such as Retail Sales
Representative, Field Client Relationship Manager, and Accountant
and others in the Accounting and Finance to apply.
Keywords: Fidelity Investments, Jersey City , Financial Crimes Compliance Advisor, Fidelity Digital Assets, Accounting, Auditing , Jersey City, New Jersey
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