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Vice President, Workplace Investing Risk Management

Fidelity

Fidelity

Merrimack, NH, USA · Boston, MA, USA · Westlake, TX, USA
Posted on Dec 11, 2024

Job Description:

Job Title: Vice President, Workplace Investing Risk Management

The Role

This is a key leadership position which will serve as the Risk Lead covering Fidelity’s Defined Contribution and Defined Benefit business lines within the overall Workplace Investing business. This role is for someone who is enthusiastic about tackling complex challenges, thrives in an environment that requires continuous learning, and embraces the opportunity to provide objective, independent risk oversight in protecting Fidelity.

The Expertise and Skills You Bring

This is a dynamic role requiring a proven leader who is adept at defining and prioritizing risk focus areas in the deployment of operational risk programs – including incident management, proactive risk assessments, risk advisory support of new products and services, and providing overall effective risk oversight of complex business issues.

This is a management position, which includes direct reports who are also people managers, requiring the ability to set strategic direction for the team and execute against organizational goals. The leader must be capable of seamlessly oscillating between acute risk issue response and management of longer-term strategic initiatives.

  • Preferred is at least 15+ years of relevant financial services industry experience in roles such as Risk Management, Audit, Compliance, or Business/Operational roles with a Risk Management component.

  • Experience working in the retirement industry is a significant plus, including familiarity with Defined Contribution and Defined Benefit plans, along with associated operational functions.

  • Prior people management experience is required, along with the ability to set direction for the team amongst competing priorities and demands.

  • Strong knowledge of Operational Risk Management practices and approaches is a key prerequisite – including familiarly with best practices related to process/risk/control framework implementation, operational risk assessments, incident management, and control validation and testing strategies.

A keen focus on the industry and competitive landscape is also necessary to drive evolution and enhancement of the Risk team’s functions in a rapidly changing environment. Adapting to next generation capabilities and building risk coverage in emerging products and markets is central to the role.

Essential is experience and comfort level in building business partner relationships and operating at executive levels – including in identifying, escalating, and influencing outcomes on sensitive risk issues. Equally key are excellent communication skills, both verbal and written, with the ability to distill complex issues into concise and actionable communications and deliver them in executive forums.

Note: Fidelity is not providing immigration sponsorship for this position

The Team

This position is on the senior management team of the Risk organization that supports Fidelity’s Workplace Investing (WI), Retail Brokerage, and Wealth Management business lines, and reports directly to the Head of WI, Wealth and Brokerage Risk. More broadly, the function sits within the Fidelity Risk Group, which includes the major Risk functions from across the enterprise and employs a range of Risk Management programs and capabilities. Central to the Risk Group’s mission is close collaboration with partners throughout the Firm – including Business Leaders, Legal, Compliance, Audit, and Security – in pursuit of our common goal of protecting the Firm, its associates, and customers.

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