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Fidelity Investments

Competitive Sourcing Specialist

Yesterday• Albuquerque, NM

Job Description:

The Role

As a Competitive Sourcing Specialist on the Procurement as a Service (PaaS) team, you'll lead sourcing, negotiations, contracting, and procurement processes across Fidelity's business divisions. This includes renewals, new products and services, and vendor relationships across categories like professional services, hardware, telecom, software, and cloud. You'll work strategically to secure optimal pricing and terms while mitigating risk, partnering closely with internal stakeholders and suppliers to drive scale and efficiency.

The Expertise and Skills You Bring

  • Experience or knowledge in procurement, purchasing, or sourcing
  • Commercial and contract negotiation skills
  • Ability to influence cross-functional teams and manage complex projects
  • Strong relationship management and vendor oversight capabilities
  • BS/BA in Business Administration
  • Excellent written, verbal, and interpersonal communication skills
  • Detail-oriented with strong planning and organizational skills
  • Passion for driving business outcomes and improving efficiency
  • Ability to lead negotiations and evaluate suppliers across financial, technical, and performance dimensions
  • Strong customer focus and collaborative mindset

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The Team

The PaaS team supports Fidelity's business units in making informed purchasing decisions that reduce risk and enhance value. You'll assist associates engaging with new or existing vendors, and collaborate with product managers, contract managers, vendor managers, risk, ESG, legal, and finance teams. The team thrives on strong collaboration, strategic thinking, and delivering impactful sourcing solutions across the firm.

Certifications:

Category:

Procurement
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

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 hiring and/or associating with individuals with certain Criminal Histories.

Client-provided location(s): Albuquerque, NM, Westlake, TX, Covington, KY
Job ID: Fidelity-2117474
Employment Type: OTHER
Posted: 2025-09-30T23:40:57

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes

  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave

  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities

  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events

  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence

  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing

  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program

  • Diversity and Inclusion

    Company Videos

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