Note: Fidelity will not provide immigration sponsorship for this position.
The Role
In this role, you will assist associates with general daily support, regulatory questions, and preparation for conversations with Plan Sponsors, legal counsel, and internal business partners surrounding regulatory requirements, results delivery and Compliance Consultant support. A small amount of production may be required.
Bachelor’s Degree Required
5+ years of Defined Contribution client service experience required including consultation, ability to lead through escalated issues, provide sales support and assist in implementing services.
4+ years of Defined Contribution nondiscrimination testing experience required
ASPPA credentials - QKA, QPA preferred
The Skills You Bring
In-depth nondiscrimination testing experience
Collaborate with Plan Sponsors and internal business partners to find solutions for complex compliance issues
Understanding of the IRS Employee Plans Compliance Resolution System (EPCRS), and how to apply EPCRS rules to plan corrections
Can discuss and explain complex regulatory topics with any audience, tailoring your delivery to the audience
Multitask client work, internal project work, and other responsibilities
Can review test results and efficiently gain understanding of a plan’s design
Strong organization skills and keep detailed records of your work
Can manage at-risk client relationships
Research topics independently and deliver solutions to complex regulatory issues
Communicate effectively, work well in a team environment, and possess good presentation skills.
Possess great problem-solving skills including the ability to manage escalated issues.
Have the ability to negotiate and influence.
The Value You Deliver
Supporting internal (Associates, Compliance Consultants, Managing Directors, and Sales) and external (Plan Sponsors, Outside Legal Counsel, Advisors) business partners with employer calculations and additional testing and Regulatory knowledge and experiences.
Educating clients regarding their special testing (General Test, Benefits Rights and Features Test, Average Benefit Test) results
Leading the testing service team to find solutions when complex issues or errors arise.
Assist in setting proper expectations for new clients (sales) and plan sponsor contacts
Building the confidence of clients in Fidelity’s services by offering solutions to test failures
The Team
The Senior Compliance Advisor (SCA) role resides in Testing and Reporting Services (TRS) within Workplace Investing (WI). TRS provides and completes Employer Calculations and Additional Testing (ECAT), Plan Year End Summary Reporting, Minimum Coverage and Nondiscrimination Testing, Form 5500 completion and Audit Support to clients across all markets in WI. The Compliance Advisor will provide regulatory support and guidance for TRS Analysts and their associated Plan Sponsors. In this role, you will assist associates with general daily support, regulatory questions, and preparation for conversations with Plan Sponsors, legal counsel, and internal business partners surrounding regulatory requirements, results delivery and Compliance Consultant support. A small amount of production may be required.
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.
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.
Skills Required
- Bachelor's degree
- 5+ years of Defined Contribution client service experience including consultation, sales support, and implementation
- 4+ years of Defined Contribution nondiscrimination testing experience
- In-depth nondiscrimination testing experience (General Test, Benefits Rights and Features Test, Average Benefit Test)
- Understanding of IRS Employee Plans Compliance Resolution System (EPCRS) and applying EPCRS rules to plan corrections
- Ability to discuss and explain complex regulatory topics to varied audiences
- Ability to manage at-risk client relationships and lead testing service teams
- Strong organizational skills and detailed record-keeping
- Ability to research topics independently and deliver solutions to complex regulatory issues
- ASPPA credentials (QKA, QPA)
Fidelity Investments Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.
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Strong & Reliable Incentives — Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
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Retirement Support — A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
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Parental & Family Support — Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.
Fidelity Investments Insights
What We Do
At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.
