Compliance Analyst

Soteria Reinsurance Ltd.; Covington (KY); On-site; USD 65,000 - 95,000; Full time

Job summary

Fidelity Investments is seeking a Compliance Analyst within Workplace Investing (WI) Compliance to provide guidance on key rules and regulations for employee benefit plans and customer solutions. You will collaborate with Legal, Risk, Product and other functions to influence product decisions and ensure programs meet applicable standards.

The role requires a bachelor’s degree or equivalent, experience in employee benefits and compliance, and strong written and verbal communication.

Qualifications

• Bachelor’s degree, or equivalent.
• Experience in employee benefits industry required.
• Experience in compliance, risk management, and/or financial services is preferred.
• Knowledge of ERISA, DOL, IRS and related laws is strong.
• Ability to interpret regulatory requirements.
• Strong interpersonal and influencing skills across the organization.
• Strong written and verbal communication skills.
• Detail oriented and well organized.
• Proficiency in Microsoft Office including SharePoint.

Responsibilities

• Providing compliance guidance for existing products and services.
• Monitoring, reviewing and disseminating requirements of new laws, regulations and other guidance applicable to employee benefit plans and the products in the areas of accountability.
• Providing decision support to resolve compliance issues that arise in the business.
• Responding to regulatory inquiries for workplace accounts/products.
• Drafting and reviewing policies and procedures for specific compliance content.
• Developing enhanced reporting driving visibility & measurement of program effectiveness.

Skills

Regulatory compliance

Risk management

Financial services knowledge

Critical thinking

Communication skills

Interpersonal collaboration

Problem solving

Detail oriented

Microsoft Office/SharePoint

Education

Bachelor’s degree

Tools

SharePoint

Microsoft Office

Job description

Job Description: Compliance Analyst Note: Fidelity will not providing immigration sponsorship for this position.

The Role

Are you a rule follower and an innovator? As a member of Workplace Investing (WI) Compliance, you can be part of a team of compliance professionals that does both!! Come be part of a team of compliance professionals helping to invent the future of Fidelity by supporting a wide array of initiatives providing better ways for employers to successfully handle employee benefits, and for customers to handle their financial needs.

You will be providing guidance to business partners on the key rules and regulations that must be followed when building innovative solutions for our clients and customers. You will be helping to ensure that the innovative solutions that our business partners build for clients adhere to applicable key rules, regulations, and policies.

This role within WI Compliance works closely with partners in Legal, Risk, Product and other business functions to help ensure that products and services offered by Workplace Investing to employee benefit plans, employers, and customers meet relevant ERISA, DOL, IRS, specific federal, state, and local and other applicable laws, regulations, directives and standards pertaining to Fidelity.

In this role you will engage with team members and managers to inform and influence key product and process decisions to help ensure compliance.

The Expertise and Skills You Bring

• Bachelor’s degree, or equivalent.
• Experience in employee benefits industry required.
• Experience in compliance, risk management, and/or financial services is preferred.
• Knowledge of federal laws, regulations, and agencies governing business lines supported (e.g., ERISA, Department of Labor, Internal Revenue Service) is strong.
• Ability to apply critical thinking to understand, interpret and apply regulatory and legal requirements.
• Strong interpersonal and influencing skills, including ability to collaborate across the organization, with peers and management, to deliver results.
• Strong verbal and written communications skills - ability to present ideas and complex information clearly and effectively through multiple channels.
• A proven track record to identify, analyze and resolve problems independently, and call out matters when appropriate.
• Detail oriented and well organized to effectively prioritize your work queue and meet timelines.
• Enjoys reading and understanding business communications, policies and regulations.
• Microsoft Office suite of applications, including SharePoint, are some of the many tools in your toolbox.

Key Responsibilities

• Providing compliance guidance for existing products and services.
• Monitoring, reviewing and disseminating requirements of new laws, regulations and other guidance applicable to employee benefit plans and the products offered in the areas of accountability.
• Providing decision support to resolve compliance issues that arise in the business.
• Responding to regulatory inquiries for workplace accounts/products.
• Drafting and reviewing policies and procedures for specific compliance content.
• Developing enhanced reporting driving visibility & measurement of program effectiveness.

Fidelity’s 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: Compliance

Legal & Regulatory Constraints

Please be advised that Fidelity’s 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.

Company Culture & Diversity

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 experiences.

For information about working at Fidelity, visit FidelityCareers.com.

Equal Opportunity & Accommodations

Fidelity Investments is an equal opportunity employer. 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 please contact the following:

• For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to [e-mail], or by calling 800-835-5099, prompt 2, option 2
• For roles based in Ireland: Contact [e-mail]
• For roles based in Germany: Contact [e-mail]

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