COMPLIANCE ADVISOR

Job Description : The Team

The Team

Testing and Reporting Services (TRS) provides annual reporting and other services to more than 25,000 plan sponsors at Fidelity Investments.

TRS services span several work streams : Plan Year End Summary (PYES), Form 5500, Employer Calculations & Additional Testing (ECATs), Nondiscrimination Testing (NDT), and Customer Service.

TRS produces more than 125,000 annual reporting campaigns which are provided electronically via our highly secure client portal Plan Sponsor Webstation (PSW).

This suite of reporting is the underpinning for our plan sponsor s annual compliance related activity. Services we provide are provided to clients auditors and to governmental agencies such as the Department of Labor (DOL) or Internal Revenue Service (IRS).

Our team manages Service Level Agreements and regulatory deadlines that must be met in order to avoid penalties and to maintain client satisfaction.

The TRS Center of Excellence (COE) team is a group of analysts, project managers, and compliance experts who work with teams across TRS and Fidelity Workplace Investing on modernization efforts in Process and Technology.

The Compliance Advisor role is a member of the COE team, and focuses on ongoing updates to processes and technology as the regulatory environment evolves.

The Expertise You Have

• 401(k) Nondiscrimination testing (NDT), Form 5500, or annual reporting expertise required
• Bachelor s Degree or equivalent experience
• Experience working with program and project management
• Experience with technology development lifecycles (Waterfall, Agile, Scrum)
• Risk mitigation and analytical abilities
• Current ASPPA designation preferred
• Experience with compiling and analyzing data preferred (examples : Excel, Power BI, SQL, Tableau)

The Skills You Bring

• Knowledge of NDT, Form 5500, annual audit, and 401(k) plan design
• Ability to understand and apply regulatory updates such as SECURE Act to systems and procedures
• Ability to develop business requirements for annual updates to NDT, Form 5500, and annual reporting systems
• Experience with test case design and execution a plus
• Lead projects and coordinate project contributors
• Ability to summarize and clearly articulate complex issues, summarize key points, and communicate findings
• Highly organized, detail oriented with outstanding follow-through

The Value We Deliver

• The COE team builds and maintains tools for Fidelity s 401(k) compliance services, including nondiscrimination testing, Form 5500, annual reporting, and contribution allocation services.
• We coordinate with clients to support them in annual 401(k) plan administration.
• We document, prioritize, and test stories for agile development by partners in WI Technology.
• Setup functional and regression testing, and communicate the results of system installs to our partners.
• We coordinate monthly reconciliation, set-up, launching and monitoring of more than 125,000 reporting campaigns.
• Sprint and Quarterly development planning, communication with business leadership, and ongoing monitoring and communication of status.
• Mitigate risk with incident management and install validation.
• We partner across business units to develop scale, efficiency, and positive client experiences with Communications, Process, and Technology.

Certifications : Company Overview

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.

Join Us

At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours.

You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a

Glassdoor Employees Choice Award

we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelityu2014we offer a range of opportunities for learning so you can build the career you ve always imagined.

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 all business days of every other week in a Fidelity office.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry .

Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation,

detailed in this document

and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent).

These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances : Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at

fidelitycareers.com

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

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, contact the HR Accommodation Team by sending an email to

[email protected]