Senior Amendment Consultant

Fidelity Investments • Covington, KY

3d

About The Position

The Senior Amendment Consultant leads team members in identifying, resolving, and addressing complex issues that affect multiple business units. The role determines courses of action for resolving matters and responds to complicated regulatory inquiries concerning amendments to Fidelity’s Preapproved Plan documents. It analyzes internal processes and advises business leaders on process improvements, while managing planning, processes, and projects for complex situations.

The Senior Amendment Consultant consults with Fidelity Legal and Compliance, clients, attorneys, external consultants, and Client Relationship Management on complex issues and regulatory inquiries. The role reviews existing plan setups to identify steps needed to achieve the client’s intended outcome. For Auto Solutions and Vesting consultations, the Senior Consultant serves as a subject matter expert, proposes solutions aligned with Fidelity’s point of view, and explains dependencies and impacts to clients and participants.

Amendment Consulting supports all WI markets using the preapproved document and works with Legal, Compliance, Preapproved Program Management, Client Relationship Management, Implementation Project Management, and operational business partners to complete more than 25,000 amendments each year. Fidelity states that it is transitioning to a full-time onsite working model through a phased rollout across regions and roles; current onsite expectations vary by role and location and may evolve. The transition does not apply to fully remote roles. Fidelity will not provide immigration sponsorship for this position.

Requirements

• Defined contribution retirement plan experience.
• Extensive knowledge of Auto Solutions and Vesting.
• Previous work with Product Central and XTRAC.
• Understanding of ERISA, IRC, and DOL regulations related to 401(k) and 403(b) plans.
• Understanding of defined contribution documents, including experience with Fidelity’s 401(k) and 403(b) preapproved documents.
• Knowledge of Fidelity products, services, policies, and procedures.
• Ability to prioritize workload based on urgency, risk, client expectations, and project deadlines.
• Effective time management.
• Excellent written and verbal communication skills.
• Strong negotiation skills and the ability to articulate a point of view compellingly and succinctly.
• Ability to work independently in a fast-paced environment and handle a large volume of work.
• Ability to comprehend and explain technical concepts.
• Strong problem-solving and client management skills.
• Ability to apply knowledge to create workable solutions.
• Pre-Approved Plan Document experience.

Responsibilities

• Lead team members in identifying, resolving, and addressing complex issues that affect multiple business units.
• Define courses of action to resolve matters and respond to complex regulatory inquiries involving amendments to Fidelity’s Preapproved Plan documents.
• Analyze internal processes and provide direction to business leaders on process improvements.
• Plan and manage processes and projects for complex situations.
• Consult with Fidelity Legal and Compliance, clients, attorneys, external consultants, and Client Relationship Management on complex issues and regulatory inquiries.
• Review existing plan setups and determine the steps needed to achieve the client’s intended outcome.
• Serve as a subject matter expert for Auto Solutions and Vesting consultations; propose solutions aligned with Fidelity’s point of view and explain dependencies and impacts to clients and participants.
• Complete Auto Solutions consultations, Vesting consultations, and higher-level complex amendments.
• Stay current on developments in the financial and retirement industries and related regulations.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed