Posted 8 days ago
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**Senior Compliance Advisor**: Lead in Defined Contribution compliance, driving testing & consulting. 5+ years' experience required, including 4+ years in nondiscrimination testing & ASPPA credentials. Collaborate, resolve complex issues, manage at-risk clients. Support internal & external partners.
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Currency: Not specified
Full Job Description
Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
In this role, you will assist associates with general daily support, regulatory questions, and preparation for conversations with Plan Sponsors, legal counsel, and internal business partners surrounding regulatory requirements, results delivery and Compliance Consultant support. A small amount of production may be required.
Bachelors Degree Required
5+ years of Defined Contribution client service experience required including consultation, ability to lead through escalated issues, provide sales support and assist in implementing services.
4+ years of Defined Contribution nondiscrimination testing experience required
ASPPA credentials - QKA, QPA preferred
The Skills You Bring
In-depth nondiscrimination testing experience
Collaborate with Plan Sponsors and internal business partners to find solutions for complex compliance issues
Understanding of the IRS Employee Plans Compliance Resolution System (EPCRS), and how to apply EPCRS rules to plan corrections
Can discuss and explain complex regulatory topics with any audience, tailoring your delivery to the audience
Multitask client work, internal project work, and other responsibilities
Can review test results and efficiently gain understanding of a plans design
Strong organization skills and keep detailed records of your work
Can manage at-risk client relationships
Research topics independently and deliver solutions to complex regulatory issues
Communicate effectively, work well in a team environment, and possess good presentation skills.
Possess great problem-solving skills including the ability to manage escalated issues.
Have the ability to negotiate and influence.
The Value You Deliver
Supporting internal (Associates, Compliance Consultants, Managing Directors, and Sales) and external (Plan Sponsors, Outside Legal Counsel, Advisors) business partners with employer calculations and additional testing and Regulatory knowledge and experiences.
Educating clients regarding their special testing (General Test, Benefits Rights and Features Test, Average Benefit Test) results
Leading the testing service team to find solutions when complex issues or errors arise.
Assist in setting proper expectations for new clients (sales) and plan sponsor contacts
Building the confidence of clients in Fidelitys services by offering solutions to test failures
The Team
The Senior Compliance Advisor (SCA) role resides in Testing and Reporting Services (TRS) within Workplace Investing (WI). TRS provides and completes Employer Calculations and Additional Testing (ECAT), Plan Year End Summary Reporting, Minimum Coverage and Nondiscrimination Testing, Form 5500 completion and Audit Support to clients across all markets in WI. The Compliance Advisor will provide regulatory support and guidance for TRS Analysts and their associated Plan Sponsors. In this role, you will assist associates with general daily support, regulatory questions, and preparation for conversations with Plan Sponsors, legal counsel, and internal business partners surrounding regulatory requirements, results delivery and Compliance Consultant support. A small amount of production may be required.
Fidelitys 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.
Certifications:
Category:
CompliancePlease be advised that Fidelitys 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.
Apply
All fields are required. Candidates should limit the number of roles they apply to at any given time.
Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.
Reasonable accommodations
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, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
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.
Applicant screening
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 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.
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