Senior Manager, Strategic Sourcing
Job Description:
Job Title: Senior Manager, Strategic Sourcing
The Role
The senior manager role on Fidelity Procurement's 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 Fidelity's 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.
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- 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
Note: Fidelity is not providing immigration sponsorship for this position
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.
Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.
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.
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. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.
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.
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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