Senior Compliance Advisor, Financial Crimes

Fidelity•Jersey City, NJ

About The Position

We are looking for a dedicated Senior Compliance Advisor to help develop 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 a comprehensive first-line defense program with a focus on building out best practices to support new offerings, including AML policies, procedures, reporting, and governance. These requirements are to ensure FDA compliance with regulatory expectations and are critical to our success. We are looking for a collaborative, team-focused Compliance Advisor with sharp attention to detail that will work within the business and across many functions to ensure appropriate oversight and administration of our digital assets.

Requirements

Established (8+ years) track record of success in financial services including experience with Compliance, AML and Financial Crimes.
Deep knowledge of applicable AML and Sanctions laws and regulations and an understanding of material proposed regulations impacting the field.
Ability to influence key decision makers through a combination of knowledge, reasoning and relationships.
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.
4-year college degree required.
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.

Nice To Haves

Experience with digital assets is a plus.

Responsibilities

Developing, writing and maintaining policies, procedures and standards for: AML and Sanctions compliance standards for new products and services that may present novel financial crimes risk.
Customer due diligence and enhanced due diligence onboarding as well as periodic customer review.
Transaction monitoring and reporting program tailored to digital assets.
Transfer-restricting illicit or high risk wallets.
AML Governance, including the creation of key risk indicators and other metrics for senior management and regulatory reporting.
Oversight of outsourced service providers, including internal AML and Sanctions support teams.
Advising front office colleagues on all issues relating to AML and Sanctions Compliance.
Serving as an essential conduit between the Financial Crimes Compliance Team and the Fidelity Digital Assets front office to assist in the successful implementation of AML and Sanctions compliance initiatives.
Internal audit and regulatory exam support.
Developing and providing reporting to senior management and regulators as needed.
Staying well-informed on the evolving regulatory landscape and communicating new and revised regulatory requirements to the business.