Director, Digital Assets, Financial Crimes Models & Analytics

Job Description:

Director, Digital Assets, Financial Crimes Models & Analytics

The Role

We’re seeking a Digital Assets Director to serve as a subject-matter expert and to lead the team directly/indirectly responsible for the development and maintenance of innovative cryptocurrency transaction monitoring and trade surveillance solutions. In this 100% crypto-focused role you will partner with Data Engineers, Data Scientists, Business Intelligence and Compliance professionals to oversee the buildout, management, and improvement of Fidelity’s blockchain forensics and trade surveillance capabilities. The role will have broad exposure to senior leaders in Fidelity Digital Assets (‘FDA’), Legal, Risk and Compliance functions. You will partner with development teams to build out critical digital asset surveillance processes and be able to identify when a requirement isn’t understood, or a process or control isn’t sufficient. You will serve as an in-house crypto expert and thought leader, leveraging your expertise across all phases of the model development life cycle.

Responsibilities of this role:

• Drive digital assets model development and enhancement initiatives.
• Support crypto related new business initiatives from a blockchain analytics and on-chain compliance perspective.
• Partner with Business Unit Technology functions to support development work relative to digital asset surveillance programs.
• Manage a small but growing team of digital asset/business intelligence professionals to execute on the Models & Analytics Team’s strategic vision.
• Serve as a subject matter authority on blockchain forensics and cryptocurrency investigations, industry trends and standards.
• Manage digital asset vendor relationship(s), participate in annual vendor oversight responsibilities and influence product roadmaps to maximize value from the relationships.
• Maintain relationships with key stakeholders in the Financial Crimes Compliance team and those across Risk, Tech, and Business functions.
• Present to senior leaders on cryptocurrency compliance trends, risks and impacts to the Financial Crimes Compliance program.
• Support presentations to federal and state regulators on surveillance models and controls during annual exams and new product approval efforts.
• Continually increase your knowledge and understanding of the evolving digital asset landscape, always cognizant of technical and regulatory developments, and alert to emerging risks.
• Providing insight on all aspects of Fidelity’s crypto operations
• Positioning the Financial Crimes Compliance program to continue to protect Fidelity Investments customers and brand for years to come

The Expertise and Skills You Bring

• Prior AML/Fraud advisory, surveillance, or investigative experience.
• Prior financial crimes model development and/or maintenance experience.
• Deep knowledge of the digital asset ecosystem, including cryptocurrencies, stablecoins, decentralized finance (bridging/swapping/minting/burning), and more.
• Experience managing multiple initiatives simultaneously in addition to direct reports with their own projects. Experience with project planning, communicating with stakeholders, and monitoring and maintaining model performance.
• Prior experience managing a team of high performing individuals with diverse skill sets.
• Prior experience maintaining critical relationships with senior executives in Compliance, Tech, and Business functions.
• Personal experience trading cryptocurrencies, stablecoins and/or NFTs.
• Passion for cryptocurrencies and the broader crypto ecosystem in general.
• Prior experience supporting regulatory response efforts.
• Chainalysis Academy or Elliptic LEARN certifications a plus.
• FINRA Series 7, 63, 24 or 9/10 registrations a plus.
• Experience with blockchain analytics tools (e.g., Elliptic, Chainalysis, TRM Labs etc.) their various tool suites, and conducting crypto investigations using these products
• Knowledge of digital asset AML & fraud typologies such as peel chains, mixers/privacy wallets, pig butchering investment and romance scams, use of non-AML/KYC compliant services or dApps to obfuscate prior activity, and indirect exposure through VASP transactions and correspondent relationships
• Capable of deep-diving raw data to understand database and table structure, data location and potential data gaps (raw vs. front-end systems) while clearly articulating findings
• Able to navigate front-end systems and the databases where relevant crypto data is being stored communicating with technologists
• Excellent listening, communication (verbal and written), influencing, and presentation skills
• Knowled