Senior Manager, Strategic Sourcing

Fidelity Investments • Smithfield, RI

5d • Hybrid

About The Position

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. 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.

Requirements

• 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

Responsibilities

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees