Job Description:

The Procurement Competitive Events Team is responsible for all types of competitive sourcing including renewals, new products and services, existing product renewals (e.g. professional services, hardware, telecom, software, and cloud). The successful candidate will have a strategic mentality while working across Procurement and our business groups to provide Fidelity the best price and terms while mitigating risk. The individual will have strong communications skills as they partner with internal partners, Fidelity leaders, and suppliers to achieve stronger scale and efficiency.

The Team

Fidelity procurement helps business units make thoughtful purchasing decisions that reduce risk and improve value for the firm. In this role you will assist associates that engage Procurement as they look to work with a new vendor or make changes to a current vendor relationship. The person will directly, or indirectly, engage and negotiate with large and small vendors. As a leader within a deal team, this person will collaborate with business unit product managers, contract managers, vendor managers, risk, ESG, legal, and finance to develop sourcing strategies.

The Expertise You Have

Experience as a Product Manager or in Category Operations

Ability to influence cross-functional project teams through complex projects

Understanding of Fidelity business organizations

BS/BA in business administration or 3+ years of equivalent experience

The Skills You Bring

Ability to influence various project team members

Background in negotiation, vendor management or product management including performance oversight

Strong written, verbal and interpersonal communication skills

Knowledge of business terms and conditions

Consistent track record of strong collaboration and teamwork

Detail oriented with a focus on continuous improvement skills

Passion and enthusiasm for driving optimum business outcomes

Capable of leading negotiations and performing financial, technical, commercial and performance evaluations of suppliers

Excellent planning and organizational skills

Strong customer focus and collaboration/teamwork skills

The Value You Deliver

Analyze data and market trends to align strategies within category segments

Lead the sourcing, negotiations, contracting and procurement process across different Fidelity business divisions

Engage and regularly collaborate with various members across the Procurement organization and Business units

Work to achieve outstanding pricing with suppliers on negotiations

Prepare RF(x) and lead teams in the source selection process

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 associate for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at accommodations@fmr.com(opens in a new tab) or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award(opens in a new tab), we have been recognized by our employees as a Best Place to Work in 2022. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

As a result of COVID-19, many of our associates are continuing to work remotely. When Fidelity employees eventually return to the office, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working(opens in a new tab).”

We invite you to Find Your Fidelity at fidelitycareers.com.

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.

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 Leave of Absence/Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 2.