Vice President Vendor Strategy MA

2 days ago

boston, United States Fidelity TalentSource LLC Full time


Job Description:

The Role

The Vice President, Vendor Strategy position is a critical role reporting to the Head of Vendor Management. This role is instrumental in setting strategic direction for how we engage with our vendors from on-boarding through the length of the relationships and involves developing vendor segmentation, reporting and establishing governance routines to support vendor decision making across the enterprise. This leader will play an important role in driving both strategic & tactical efforts including supporting regular L1 executive touchpoints and preparing executive level updates. Underpinning all key activities is the ability to bring critical thinking and analysis to provide insight, prioritization, and focus.

This role is a highly collaborative position that interfaces with multiple central and Business Units teams including Procurement, Vendor Risk, Vendor management groups within business units and others to achieve desired outcomes.

The Ideal candidate should have the ability to partner, execute, and influence with strong organizational and communication skills.


The Expertise You have
  • The position requires significant strategy & consulting experience with multiple years in the project manager role and experience counseling clients/partners, preferably with a top tier consulting firm.
  • Interest or experience in the financial services industry.
  • Experience with several business units at Fidelity is a plus
  • You must have outstanding analytical, communication, conceptual thinking, project management and problem-solving capabilities.
  • You have both the flexibility and the skill to lead and contribute to teams.
  • Experience in the areas of vendor management, strategic sourcing, vendor risk is a plus

The Skills You Bring
  • Self-starter who is comfortable with ambiguity, able to bring together diverse perspectives and drive to action and desired outcomes
  • Experience with strategy development, change management and business transformation
  • Ability to synthesize analysis and research into strategic insights and practical recommendations, including strategic analysis, financial analysis, operational analysis and primary/secondary research
  • Capable of influencing senior management, through both personal interactions as well as the creation and delivery of presentations
  • Ability to assess risk and operationalize findings turning research into actions
  • Proficient in quantifying challenges and requirements related to execution
  • Driver of decisions in complex environments with multiple partners
  • Skilled in building relationships with peers and executives in a variety of capacities

The Value You Deliver
  • Develop dynamic vendor segmentation to drive appropriate degree of rigor over vendor decisions
  • Develop standards and guidelines for new vendor engagements and managing ongoing vendor relationships
  • Develop a view of vendor \u201Cstrategic fit\u201D to include in vendor evaluation process
  • Revisit roles & responsibilities, engagement routines and escalation paths
  • Develop, maintain and operationalize holistic and evolving executive level vendor reporting
  • Prepare for executive discussions on vendor strategy
  • Develop materials for executive meetings
  • Enable and lead communications with key business leaders across the enterprise on relevant vendor topics


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, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity\u2014we offer a range of opportunities for learning so you can build the career you ve always imagined.

Fidelity s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite all business days of every other week in a Fidelity office.

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,

detailed in this document, 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.

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 Accommodation Team by sending an email to

accommodations@fmr.com.

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