Management Consultant

Fidelity Talent Source is your destination for discovering your next temporary role at Fidelity Investments. We are currently sourcing for a Amendment Consultant!

The Amendment Consultant (AC) provides document and administrative support to clients and business partners who maintain an existing book of business of over 23,000 plans. The AC uses written procedures to make decisions and independently coordinate with others regarding business policies, procedures and documentation. This position requires knowledge of ERISA and the DOL regulations qualified plan rules under the Internal Revenue Code.

The AC will interpret, apply, and make good judgment calls independently. One will assist and instruct others on decisions to be made in processing amendments. The AC supports Emerging/Mid/Advisor markets using the pre-approved document and partners closely with Client Relationship Management to ensure successful completion of more than 25,000 amendments a year. The AC generates solutions for standardized, lower complexity plan amendments.

• Assigned to complete standardized, lower complexity plan amendments including Document Creation, Functional Items, and FIT assessments
• Responds to clients and relationship managers
• Countersign on behalf of Fidelity, including amendments worked by interns and temporary workforce
• Has a confirmed understanding of the client’s objectives and offer assistance and possible options
• Makes decisions based on protecting the client and Fidelity
• Communicates status of amendment to the client and Client Relationship Management
• Handles workflow with business partners and addresses their inquiries or internal business partners within the Amendment Consultant Team
• Independently determines documents are in good order, signed, and acceptable before countersigning on behalf of Fidelity Management Trust
• May assist in training and mentoring of new teammates, or interns/temporary workforce

• 3-5 years of defined contribution retirement plan experience
• Previous work with Product Central , XTRAC, Docusign, WPDT, Salesforce a plus
• Strong computer skills; MS Office Suite
• Understanding of the 401(k) industry
• Problem solving - The AC has the authority to make decisions related to the amendment projects that they are working on. Ultimately, they sign on behalf of FMTC Fidelity and understand the importance of the representation.
• Knowledge of Fidelity products, services, policies and procedures
• Ability to prioritize workload based on urgency, risk, and client expectations
• Effective time management
• Excellent written and verbal communication
• Ability to articulate a point of view in a compelling & succinct manner
• Ability to work independently in a fast paced environment & handle large volume of work
• Ability to comprehend and explain technical concepts
• Basic understanding of ERISA, IRC, and DOL regulations related to 401(k) plans

The Amendment Consulting Team is a pivotal group that ensures the maintenance of existing client volume submitter plan documents and service agreement contracts. The Amendment team is the control point for updates as well as ensuring the WI Defined Contribution Recordkeeping systems align with the plans provisions. This role as the amendment expert for WI Core market clients, consults with Managing Directors and clients to ensure that each amendment meets a clients desired outcome and is executed exactly to direction.

The role adds value by ensuring that plan provisions will work seamlessly with Fidelity services once live. The Amendment Consultant role is actively engaged with Managing Directors, Testing and Reporting, Systems Installation Group, Billing and Conversion Services to coordinate updates.

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…