Based in Boston, New York/New Jersey or Smithfield, RI, this role will provide legal support to Fidelity’s business focused on managed accounts, direct indexing and related products. The role will support multiple business units in both Fidelity Institutional (FI), a collection of business groups that provide advisory, brokerage, platform, and custody to third party institutional clients including registered investment advisers, banks, broker-dealers, and family offices, and Fidelity Personal Investing (PI), our business supporting retail investors with services including wealth management, retirement planning, active trading and brokerage services, financial planning and engagement programs. This attorney will be part of a team of attorneys that provide investment adviser legal support to various Fidelity registered investment advisers within the FI and PI businesses.
The Value You Deliver
Providing legal advice and support on the structure, contractual framework, and operation of discretionary managed portfolios and related products
Advising on advisory product development in collaboration with multiple groups within Fidelity, including product, client experience, risk, compliance, finance, sales, technology, and marketing.
Providing legal support, analysis, and interpretation in connection with regulatory inquiries as well as legislative and policy developments.
Support of investment research, relationship management, compliance and client experience teams.
Providing strategic advice and analysis to senior business executives across multiple business units.
The Skills You Bring
Experience advising on securities laws and related rules and regulations applicable to investment advisers, with a focus on retail, retirement and institutional discretionary managed account products.
Strong work ethic.
Ability to work independently under pressure in a fast-paced and dynamic environment handling multiple projects simultaneously with minimal day-to-day supervision.
Ability to effectively collaborate on projects and initiatives and build relationships within the Legal department as well as with business partners, compliance and risk while exhibiting behavior consistent with Fidelity’s culture and values.
Excellent presentation, oral communication, and interpersonal skills; ability to influence diverse groups of professionals.
Strong analytical, investigatory, and problem-solving skills; ability to quickly analyze complex factual situations, understand the broader business and firm context, and weigh relative risks to the firm in analyzing potential solutions.
Excellent judgment and attention to detail.
Strong writing and research skills, adaptive to and effective for different audiences.
The Expertise You Have
Minimum of 4-8 years of relevant law firm or in-house counsel experience.
Demonstrated expertise with the Investment Advisers Act of 1940 optimally with a focus on institutional and retail investment advisory matters including experience with direct indexing, SMAs, wrap fee programs, IRAs and sponsored managed account platforms.
Experience or expertise with broker-dealer, FINRA, investment company or ERISA regulation a plus.
Admitted to practice or willing to secure bar admission in the relevant jurisdiction.
At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associate for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com.
Fidelity Investments is an equal opportunity employer.