
Posted 13 days ago
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As Senior Manager, Strategic Sourcing at Fidelity, lead procurement projects, strategize vendor/product strategies, and achieve outstanding pricing. Manage cross-functional teams, assess risks, and make data-driven business cases.Requires BS/BA in business admin or 5-8 years of equivalent procurement experience. Lead roles needed in sourcing, contracting, and vendor management.
- Compensation
- Not specified USD
- City
- Not specified
- Country
- Not specified
Currency: $ (USD)
Full Job Description
Job Description:
The Role
The senior manager role on Fidelity Procurements strategic sourcing team leads Procurement projects of medium to high level complexity, typically in support of a single business group. This role will work with business partners to improve Fidelitys position to broker for the right products, at the right price and contractual terms. Individuals should possess experience working across many business segments, including technology, marketing, financial services, and consulting services. They should exhibit strong communications skills as they partner with Fidelity leaders across our business units to achieve stronger scale and efficiency for Fidelity.
- Strategize with key business and technology leaders to develop vendor and product strategies
- Marshal the sourcing effort, including commercial and contract terms for each project
- Align and coordinate with colleagues from risk-based groups to ensure risk mitigation of supplier contracts
- Seek to achieve outstanding pricing with suppliers
- Consistent education and enforcement of procurement and risk policies
The Expertise and Skills you Bring
- BS/BA in business administration or 5-8 years of equivalent experience in Procurement
- Background in sourcing, contracting, or related experience in vendor or product management
- Experience evaluating, negotiating and contracting with suppliers
- Ability to lead/ influence cross-functional teams through procurement projects
- Ability to assess risk and translate requirements to viable business solutions
- Experience with business analytics, developing and presenting business cases and recommendations to decision-makers
- Experience working with leaders at all levels, from the front lines to the C-Suite
- Must be able to communicate effectively and professionally, verbally and in writing, to all levels of the organization
- Flexibility to changing needs and process requirements
- Commitment to drive data stewardship to ensure data integrity
- Excellent time management skills with an ability to multi-task
- Extremely strong process orientation and demonstrated continuous improvement skills
- Supplier relationship skills; continuously, but constructively, demanding of supplier performance
- Passion for improving quality and reducing costs passion for driving optimum business outcomes
- Capable of performing financial, technical and performance evaluations of suppliers
- Excellent organizational skills
- Consistent track record of teamwork
- Excellent communication and people skills
The Value You Deliver
- Strategize with key business and technology leaders to develop vendor and product strategies
- Marshal the sourcing effort, including commercial and contract terms for each project
- Align and coordinate with colleagues from risk-based groups to ensure risk mitigation of supplier contracts
- Seek to achieve outstanding pricing with suppliers
The Team
Fidelity procurement helps Fidelity business partners make smart purchasing decisions that reduce risk and maximize value for the firm. Your impact will be realized as you assist our business partners in engaging Procurement to secure products and/or services through new vendor or existing vendor relationships. Your impact will be proven through the savings you are able to return to the firm.
Note: If you are a FINRA registered internal employee who is considering moving to a non-licensed role, you may want to proactively have a conversation with the hiring manager to understand the potential impact to your registrations before a final hiring decision is made.
Salary Grade:
6
Fidelitys 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:
ProcurementPlease be advised that Fidelitys 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.
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Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
At Fidelity, we are passionate about 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 associates for their unique perspectives and experience.
Reasonable accommodations
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
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