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Senior Amendment Consultant

Fidelity

  • Covington, Kentucky
  • 4 days ago
  • Remote

    Highlights

    Amendment Consulting supports all WI markets using the preapproved document and partners closely with the Legal, Compliance, Preapproved Program Management, Client Relationship Management, Implementation Project Management, and operational business partners to ensure successful completion of more than 25,000 amendments a year. Compliance 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.
    Fidelity

    Numbers & Facts

    LocationCovington, Kentucky (
    Remote
    )
    IndustryBanking
    Company Size10,000 employees or more
    Year Founded1946
    Websitehttps://jobs.fidelity.com/

    Description

    Fidelity will not provide immigration sponsorship for this position.

    Job Description:

    The Role 

    The Senior Amendment Consultant (Senior AC) leads team members to identify, resolve, and address complex issues impacting multiple business units. This role defines a clear course of action to resolve matters and provides responses to complicated regulatory inquiries related to amending Fidelity’s Preapproved Plan documents. The Senior AC analyzes internal process and provides direction to business leaders to enable them to implement process improvement. This role is responsible for planning, process, and project management of complex situations. Consults with Fidelity Legal and Compliance, clients, attorneys, external consultants, and/or Client Relationship Management to address more complex issues involving complicated regulatory inquiries. Reviews existing plan setup to help determine which steps are needed to get to the client’s intended outcome. For Auto Solutions and Vesting consults specifically, the Senior AC serves as a subject matter expert and proposes a solution that fits with Fidelity’s point of view and discusses dependencies and the impact to the client and participants. 

    The Expertise and Skills You Bring 

    • Requires defined contribution retirement plan experience 
    • Requires extensive Auto Solutions and Vesting knowledge 
    • Previous work with Product Central and XTRAC 
    • Understanding of ERISA, IRC, and DOL regulations related to 401(k) /403(b) plans 
    • Assigned to complete auto solutions consults, vesting consults, and higher level complex amendments. 
    • Stays up to date on news regarding changes in the financial industry, retirement industry, and corresponding regulations. 
    • Understanding of defined contribution documents, including experience with Fidelity’s 401(k) and 403(b) preapproved documents. 
    • Knowledge of Fidelity products, services, policies and procedures 
    • Ability to prioritize workload based on urgency, risk, client expectations, and project deadlines 
    • Effective time management 
    • Excellent written and verbal communication 
    • Strong negotiation skills; ability to articulate a point of view in a compelling and succinct manner 
    • Ability to work independently in a fast-paced environment and handle large volume of work 
    • Ability to comprehend and explain technical concepts 
    • Strong problem solving and client management skills 
    • Ability to apply knowledge to create working solutions 
    • Pre-Approved Plan Document experience 

      

    The Team 

    Amendment Consulting supports all WI markets using the preapproved document and partners closely with the Legal, Compliance, Preapproved Program Management, Client Relationship Management, Implementation Project Management, and operational business partners to ensure successful completion of more than 25,000 amendments a year. 

    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.

    Certifications:

    Category:

    Compliance

    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.

    About Company

    We help over ~40 million people feel more confident in their most important financial goals, manage employee benefit programs for nearly 23,000 businesses, and support more than 3,600 advisory firms* with innovative investment and technology solutions to grow their businesses. Our diverse businesses and independence give us insight into the entire market and the stability needed to think and act for the long term as we deliver value to you.

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