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**Vice President, Strategic Sourcing:** Lead enterprise sourcing, evolve category strategies, drive value creation, and manage risks at Fidelity. Lead team, collaborate with executives, and operate in regulated environments to optimize spend and relationships. Requirements include 15+ years of related experience, MBA, and strategic sourcing expertise.
- Compensation
- $125,000 – $258,000 USD
- City
- Not specified
- Country
- Not specified
Currency: $ (USD)
Full Job Description
Job Description:
Note: Fidelity is not providing immigration sponsorship for this position
The Role
The Vice President of Strategic Sourcing is responsible for setting and driving the enterprise sourcing strategy for Fidelity Investments in collaboration with our internal business partners. Situated within Fidelity's Procurement organization, this role leads endtoend category management across a portfolio of spend, drives measurable value creation, and builds a highperforming sourcing organization aligned to business priorities.
The VP of Strategic Sourcing will partner closely with executive stakeholders, finance, legal, risk, and business unit leaders, as well as the broader Procurement organization, to ensure sourcing strategies enable growth, manage risk, and optimize total cost of ownership while maintaining strong vendor relationships, accountability and governance.
Partner with broader team to evolve the enterprise sourcing and category management strategy across multiple indirect and/or direct spend categories.
Lead the development and execution of multiyear category strategies aligned to business objectives, financial targets, and risk tolerance.
Drive value creation through cost optimization, demand management, vendor innovation, and commercial excellence.
Ensure principled use of strategic sourcing methodologies, market intelligence, benchmarking, and datadriven decision making.
Coordinate complex, highvalue sourcing initiatives including RFPs, negotiations, and vendor transitions.
The Expertise and Skills You Bring
Bachelors degree required; MBA or advanced degree preferred.
15+ years of demonstrated ability in strategic sourcing, procurement, category management or commensurate experience within a large, complex organization.
Demonstrated experience leading enterprisescale category portfolios and managing significant spend.
Proven success building and leading large, distributed teams with multiple layers of leadership.
Strong executive presence with the ability to influence and partner at the Csuite level.
Deep experience in strategic negotiations, contract management, and vendor relationship management.
Experience operating in regulated environments is strongly preferred.
The Team
Procurement at Fidelity actively engages with the business to enable strategy and deliver sustainable value. We mitigate risk through strong governance, disciplined vendor management, and proactive market insight. By maximizing vendor value and fostering trusted internal and external partnerships, we help drive innovation, resilience, and longterm business outcomes.
The base salary range for this position is $125,000-258,000 USD per year.Placement in the range will vary based on job responsibilities and scope, geographic location, candidates relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
Please 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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