FCC Head of Investigations

Fidelity Investments•Jersey City, NJ

39d•$118,000 - $226,000•Hybrid

About The Position

Fidelity is seeking an executive to join FCC's senior leadership team as the Head of Financial Crimes Investigations (FCI). The Head of FCI will report directly to the Head of the Financial Crimes Intelligence Unit and will be the accountable executive responsible for the operating design and implementation of controls designed to investigate potentially suspicious activity transaction monitoring alerts and internal/external escalations, and the filing of suspicious activity reports (SARs). The Head of FCI will oversee the execution and disposition of all financial crimes related investigations and will lead and provide direction to a team dispersed across multiple Fidelity sites. The Head of FCI should be an innovative and strategic executive leader who is forward-thinking and capable of driving Fidelity's FCC program toward sustainable future success. The ideal candidate will possess strong compliance, risk management, process and operational acumen with the ability to implement an environment of continuous program improvement in a fast-paced, highly regulated environment. This leader should also display the ability to anticipate business and market trends and utilize this information to develop long-term strategies that align with Fidelity's risk profile, vision and goals. Fidelity has long believed that it plays a critical role in the protection of the United States financial ecosystem and has consistently endeavored to be proactive in doing so. Fidelity's Financial Crimes Compliance (FCC) team supports all Fidelity business units (BUs) and is responsible for the execution of controls and processes designed to achieve strict adherence with applicable Bank Secrecy Act (BSA), USA PATRIOT Act (USPA), economic sanctions and anti-bribery and corruption laws and regulations. FCC operates a suite of controls on behalf of Fidelity businesses by harnessing analytics, intelligence, technology, surveillance, and investigation capabilities.

Requirements

Deep securities industry knowledge with a comprehensive understanding of BSA/AML, Global Sanctions and Global Anti-Bribery and Corruption applicable laws and regulations
10+ years of BSA/AML financial crimes compliance or comparable experience at a large financial institution, major consulting firm, regulatory agency, law enforcement, or a combination thereof
Experience in a senior financial crimes compliance role in the securities and/or asset management industry, with demonstrated ability to operate across diverse business units, innovative product sets, and a broad array of customer segments
Tech-savvy with proficiency in financial crimes compliance technologies, processes and workflows
Experience interacting and fostering productive relationships with regulatory agencies such as the SEC, FINRA, FinCEN and NYFDS
Executive level presence and communication skills to effectively consult with and influence firm leadership on prudent courses of action
Proven track record of attracting, developing and inspiring successful teams and managing financial industry compliance operational functions designed for strict, ongoing compliance adherence
Collaborates through a proactive/constructive dialogue with senior management, peer leaders, committees, and regulators
Strong leadership skills that embody Fidelity's Leadership Principles
Exceptional relationship management skills
Proven ability to effectively communicate complex business strategies to senior management, with experience in crafting compelling presentations for C-suite audiences
Ability to navigate sensitive situations and deliver messages with tact and diplomacy
Independent problem solver; accountable for, and skilled in, exercising sound judgment
High degree of integrity and strong work ethic; decisive with orientation toward results; positive demeanor
Ability to effectively and simultaneously identify, prioritize and address multiple issues and quickly respond to competing priorities and shifts in priorities

Nice To Haves

Certified Anti-Money Laundering Specialist (ACAMS)/Certified Fraud Examiner (CFE)/Certified AML and Fraud Professional (CAFP) is a plus
Active Series 7 and Series 24 securities licenses is a plus

Responsibilities

Regulatory Compliance - Implement and lead all aspects of the financial crimes investigations and SAR filing function program across Fidelity legal entities, proactively engaging with business leaders, internal stakeholders and regulatory agencies
Talent - Build and encourage an impactful team by evaluating, hiring and nurturing talent across a team of compliance and investigation professionals while developing needed skills and crafting a culture of inclusion.
Executive-Level Communication: Communicating with credibility and influence to build consensus and galvanize leaders to action by delivering clear, concise, and compelling messages
Metrics, Dashboards, Reporting - Focus on development, improvement and ongoing maintenance of key performance indicator (KPI) metrics, and oversight the production of regular reporting that provides insight to program health and operational efficacy to senior management, the FCI team and other internal stakeholders
Develop reporting, metrics and dashboards that constantly monitor adherence to service-level agreements (SLAs) designed to provide insight to program health at any point in time
Assists with internal and external audit and regulatory engagements, including timely issue follow-up/remediation
Partner with business leaders to promote a collaborative environment that helps the business meet its goals while ensuring compliance is always maintained
Ability to deftly balance risk management with business unit goals
Provide senior management, various committees, and governance councils with updates on the status of the FCI Program
Ability to work and learn quickly in a fast-paced, dynamic environment in the midst of constant competing priorities
Passionate about providing an unparalleled level of service to Fidelity business units and internal partners

Benefits

comprehensive health care coverage and emotional well-being support
market-leading retirement
generous paid time off and parental leave
charitable giving employee match program
educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career

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