Chief Compliance Officer, Senior Vice President

The Role

As the leader of the Compliance team for Fidelity Digital Assets℠, you will provide regulatory advice and support to Fidelity’s full-service, enterprise-grade platform for securing, trading, and supporting investments in digital assets by serving as an informed and trusted partner, who promotes a culture of ethical conduct and dedication to compliance, regulatory, and legal obligations. In this role, you will:

• Lead all aspects of compliance for both Fidelity Digital Asset Services, LLC (New York State-chartered limited liability trust company), Fidelity Digital Assets, Ltd. (UK entity), and Fidelity’s future VASP (Ireland entity) and ensure compliance with laws, regulatory requirements, policies, and procedures.
• Serve as an officer of the New York trust company, addressing the board of directors regularly on compliance, regulatory, industry, and enforcement matters.
• Develop the compliance business plan, structure, and strategy for the U.S. and international teams; build processes and improve controls to ensure compliance with regulations.
• Partner closely with the Head of Fidelity Digital Assets and support business development, client service, and product teams by reviewing new products for regulatory and operational compliance risks, presenting the compliance program to prospects and government bodies, performing due diligence on new prospects, and providing mentorship on regulatory topics.
• Lead the U.S. and international regulatory programs, including the registration and licensing processes, maintaining relationships with regulators, supporting regulatory exams and inquiries, supervising requirements tracking, and identifying international, federal, and state rule changes.
• Work closely with the AML and Sanctions Officer and support all aspects of the AML analytics, surveillance, and investigation teams’ activities.
• Manage a team of 25 expert compliance associates.

The Expertise and Skills You Bring

• 10+ years compliance and/or legal experience in the financial services industry, including a robust understanding of and experience with digital assets, blockchain and wallets and an understanding of the regulatory landscape in digital assets.
• Experience supporting regulatory exams and leading interactions with banking regulators.
• 4-year college degree required; JD preferred
• Experience and passion for leading and mentoring an international team and supporting a culture of diversity, inclusion, ownership, and empowerment.
• A strong ability to work and thrive in a fast paced, start-up environment operating in an uncharted regulatory environment.
• A record of success influencing key decision makers through a combination of knowledge, reasoning, and relationships
• Shown success working collaboratively across various teams, including Legal, Operations, Risk and Audit
• An ability to quickly synthesize information, make decisions and respond to shifts in priorities.

The Team

The Chief Compliance Officer for Fidelity Digital Assets℠ reports to the Head of Compliance for Fidelity Investments. Fidelity Compliance, a 600-person organization, is accountable for business unit compliance strategy and oversight in addition to providing enterprise services and policies regarding Ethics, Digital Compliance practices, Anti-Money Laundering. Fidelity Compliance reports into the Chief Administrative Officer.

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.