Job Description:
Job Title: Director, Strategic Contracts
Note: Fidelity is not providing immigration sponsorship for this position
The Role
The role of Director, Strategic Contracts, provides industry specific expertise and strategic and tactical direction in the development, negotiation, management, and administration of complex and highly visible supplier contract negotiations for Fidelity's Procurement organization. This role will be responsible for helping lead collaboration and partnership with business unit partners, legal, risk, compliance, and other operational subject matter experts across the organization to minimize risk and optimize value to Fidelity. The purpose of your role is to become a trusted advisor to your business partners, counsel Fidelity leaders on contract and risk decisions, and fulfill business partner needs quickly, effectively, and in the best interest of the firm.
The Expertise and Skills You Bring
- Bachelor’s degree; JD strongly preferred. 8-10 years of equivalent experience of advanced legal studies or purchasing, including complex contract negotiations
- Proactive management and development of key business partner relationships
- Ability to work well under pressure
- Solid understanding of complex contracting models and the ability to negotiate and provide guidance across both standard and non-standard contracts
- Ability to influence business stakeholders and senior executives through fact-based decision support
- Experience working with leaders at all levels, from project managers to the C-Suite
- Creative, flexible, and able to handle ambiguity
- Exhibits strong executive presence and confident working with all organizational levels
- Strong relationship management capabilities that will get you a seat at the leadership table of our key business stakeholders (ex. Legal, Insurance, Compliance, Vendor Management Oversight)
- Comfortable making decisions and taking smart risks
- Strong written, verbal, and interpersonal communication skills
- Proven track record of effective collaboration and teamwork
- Strong negotiation skills and knowledge of contract terms and conditions
- Ability to assess risk and translate business requirements to viable business solutions
- Commitment to drive quality and process improvements
- Provides business leaders with contract analysis and a point-of-view for decision support
- Understands business objectives of the applicable Fidelity business team and integrates those requirements into the appropriate contracting vehicle
- Providing the Procurement organization with recommendations, modifications, and process improvement opportunities
- Leverage experience and knowledge to provide thought leadership with business partners
- Responds to shifting priorities while maintaining progress of regularly scheduled work
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 Onsite Working Model
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.
Certifications:
Category:
LegalPlease 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.
Apply
All fields are required. Candidates should limit the number of roles they apply to at any given time.
Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
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 associates for their unique perspectives and experience.
Reasonable accommodations
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 Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
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.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.