Director – Corporate Risk – Control Governance & Oversight
Job Description:
Corporate Risk is seeking a hard-working and driven professional to join the team! You will support businesses across Fidelity in strengthening control environment across different products and programs. As Risk Management Director, you will strengthen Fidelity's control environment by efficiently and effectively documenting risks and controls and their application across programs and businesses.
Fidelity’s risk management and compliance programs have several risks and controls defined for effective compliance with regulations, robust technology infrastructure and efficient business operations. This position in Corporate Risk is accountable for developing and maintaining framework for managing lifecycle of risks and controls. This will include consistent review and update of existing risks and controls, onboarding new programs and products, analysis and reporting, establishing relationships with senior business leaders, playing a key role in team initiatives, and mentoring team members
The Expertise You Have
- Bachelor’s degree required; advanced degree preferred
- Prior 10+ years of relevant experience in financial services, risk management, audit, or compliance required
- Deep understanding of risks and controls, ability to develop frameworks and standards, document strong control statements
- Strong knowledge of various risk and compliance programs, risk management practices and frameworks
- Understanding of Financial Services Regulations and Requirements (i.e., SEC, FINRA, CFTC, NFA, etc.) and experience assessing regulatory impacts on compliance programs
- Understanding of GRC systems such as Archer
- Leader with ability to navigate and influence across the organization
- Outstanding analytical and problem-solving skills evidencing the ability to think and act strategically
- Shown success in collaborative leadership and working with executive leaders and internal business partners
- Excellent communication skills, including creating PowerPoint presentations and taking large volumes and/or complex information and presenting is a way that is easy to understand
The Skills You Bring
- You demonstrate risk management knowledge and experience, including risk assessment and control evaluation
- You show critical thinking by approaching work with an open mind and sense of creativity, curiosity and challenging current practices and recommending improvements to mitigate risks and drive positive change
- You are a change agent for organizational transformation efforts
- You work comfortably in a fast-paced and dynamic environment handling multiple projects simultaneously with minimal day-to-day supervision with the ability to prioritize and shift focus quickly based on risk/business need
- You communicate clearly, concisely and impactfully to influence others
- You are decisive and take action to seek solutions
- You can assess information from multiple angles and break down complex information into concepts and data to drive insights and action
The Value You Deliver
- Promote a strong control environment by identifying risks, documenting effective controls, and making sound recommendations for improvement
- Continuously analyzing and assessing the risk profile of the businesses
- Consistently review and maintain the control inventory and managing overlap of controls between different programs to promote a philosophy of test once, leverage multiple times
- Ensure all controls are appropriately documented in Next Gen GRC system
- Mentor team members to improve their performance, knowledge, and expertise
- Developing innovative solutions using technology and automation and influencing relevant outcomes
- Serving as a trusted advisor to the business by performing trainings and education
- Collaborating to achieve the best results for the team and Fidelity
- Establishing positive relationships across multiple businesses within Fidelity
Note: Fidelity is not providing immigration sponsorship for this position
The base salary range for this position is $100,000-$169,000 per year.Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
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.
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.