Director, Contracts Manager

Fidelity InvestmentsDurham, NC
Onsite

About The Position

The Senior Contracts Manager, Strategic Contracts within Procurement manages medium scale contracting projects received throughout the organization; and provides expertise and strategic and tactical direction in the development, negotiation, management and administration of complex supplier contract negotiations. The team is an organization of professionals who own the contractual framework and contracting process for most strategic, procurement-related transactions across the firm. The Senior Contracts Manager, Strategic Contracts will manage the process for medium to large contracting projects, including participating in assessment and strategy meetings, maintaining a book of active work, and facilitating communications received from Strategic Contracts and its legal, risk, and other business partners. The Senior Contracts Manager will lead the process of analyzing contract issues aimed to identify and mitigate risks and optimize value to Fidelity. The Senior Contracts Manager works independently on both standard and non-standard contracts. 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.

Requirements

  • Bachelor’s degree; JD preferred
  • 3-5 years of substantive transactional contract negotiation experience required
  • Strong presentation, interpersonal and diplomacy skills
  • Strong strategic, tactical thinking, judgment, and decision-making skills
  • Proven confidence, presence, initiative and influencing skills
  • Strong negotiation skills and knowledge of business terms and conditions
  • Proven commitment to drive quality and process improvements
  • Strong project management skills
  • Consistent ability to problem solve and work autonomously
  • Positive and collaborative approach forging pragmatic and creative solutions across a variety of contract issues in a dynamic environment
  • Understands business objectives of the applicable Fidelity business team and integrates those requirements into the appropriate contracting vehicle.

Nice To Haves

  • JD preferred

Responsibilities

  • Manages medium scale contracting projects received throughout the organization.
  • Provides expertise and strategic and tactical direction in the development, negotiation, management and administration of complex supplier contract negotiations.
  • Handle complex negotiations for Fidelity's strategic vendor relationships with moderate supervision.
  • Identify, assess, and resolve complex contracting issues and develop creative solutions that protect Fidelity and mitigate risk, directly with Fidelity’s external-facing vendors.
  • Attend and represent contracts point of view at stakeholder meetings, interacting directly throughout the enterprise to gain consensus, input, and approvals.
  • Ensure accurate reporting and analytics for assigned projects.
  • Participate in initiatives to improve the operational and risk imperatives of the department and team.
  • Simplify complicated issues and build consensus among competing interests.
  • Simplify sophisticated contract and business issues for straightforward, practical analysis and resolution.
  • Simultaneously manage multiple, large-scale projects at various stages.
  • Proactive management of multiple Supplier relationships and ability to work well under pressure.
  • Work with suppliers and business personnel to identify, research and resolve purchasing related issues, develop corrective action programs, and monitor progress and identify opportunities for improvement and growth.
  • Provide the organization with recommendations, modifications, and process improvement opportunities.
  • Provide guidance to senior leadership and colleagues as a subject matter expert.
  • Leverage experience and knowledge to provide thought leadership with business partners throughout the contracting lifecycle.
  • Respond to shifting priorities while maintaining progress of regularly scheduled work.
  • Manage the process for medium to large contracting projects, including participating in assessment and strategy meetings, maintaining a book of active work, and facilitating communications received from Strategic Contracts and its legal, risk, and other business partners.
  • Lead the process of analyzing contract issues aimed to identify and mitigate risks and optimize value to Fidelity.
  • Work independently on both standard and non-standard contracts.
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