The Role

The Senior Compliance Advisor role is part of Testing and Reporting Services (TRS), within Client and Participant Services (CAPS), within Workplace Investing (WI). CAPS provides increased controls over WI’s most complex and highest exposure processes. The Senior Compliance Advisor will work in the TRS COE team, and alongside business and quality control partners. The SCA will partner with the team to improve processes, training, quality, and an outstanding client experience.

The Expertise and Skills You Bring

8+ years 401(k) Nondiscrimination testing (NDT), Form 5500, and annual 401(k) reporting expertise

Bachelor’s Degree or equivalent experience

Experience working in an Agile environment as a project lead

Experience leading operations and process design across multiple sites

Risk mitigation and analytical skills

Current ASPPA designations: QKA, QKC, QPA, and CPC desired

Learning and Development program design and facilitation expertise

Data manipulation and analytical skills applied as constructing data queries and building reports (ex. VBA, Excel, PowerBI, SQL, Tableau)

Expert level knowledge of NDT, Form 5500, annual audit, and 401(k) plan design

Ability to collaborate with the operations teams to create and detail associate procedures, with a focus on quality and risk mitigation

Possess confidence to work across all levels of the organization

Lead multiple projects and coordinate project contributors

Ability to build new hire and ongoing training programs specific to annual 401(k) compliance

Ability to summarize and clearly articulate sophisticated issues, synthesize key points and communicate findings

Highly organized, detail oriented with outstanding follow-through skills

Your ability to demonstrate strong critical thinking skills in analyzing issues and executing plans to resolve them

The Team

The COE team builds and maintains tools for balancing key data elements to their original source, details procedures, and facilitates cross-training to others as needed. We coordinate and own monthly system installs, including communication and documentation of installed items, setting up plans for functional and regression testing, and communicate the results of system installs to our partners. We also coordinate monthly reconciliation, set-up, launching and monitoring of more than 125,000 reporting campaigns. We focus on business partnership, credibility, and positive relationships with business partners in technology and client facing teams.

Join this dynamic team in combining DC operations and client service experience with technology development and agile methods!

Partners include TRS associates and leadership, Corporate Risk, WI Technology, clients (Plan Sponsors) and Managing Directors (Fidelity Relationship Managers).

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.