Vice President, Contracts

4 weeks ago


Westlake, Ohio, United States Fidelity TalentSource LLC Full time

Job Description:

Vice President of Contracts

In this role, you will provide counsel to Fidelity's Large/Select market, managing a team of professionals who negotiate diverse service and transactional documents with employee benefit prospects and clients. You will be a highly visible leader on the Workplace Investing (WI) Contracts Team, delivering a best-in-class experience as you partner with a dynamic and collaborative team of colleagues in Sales, Relationship Management, Operations, Finance, Product Management, Compliance, and Corporate Legal to reach desired business goals while mitigating risk.

The Team

We are an organization of professionals located across the United States who own the contractual framework for client trust and recordkeeping service agreements with large/select plan sponsors. We collaborate with internal business partners in all phases of the contracting process, striving to build strong client relationships both internally and externally and provide best-in-class service throughout the contracting experience.

The Expertise You Have

  • Excellent leadership skills with a focus on hiring, developing, and mentoring to enable a highly successful and engaged contracts team.
  • Expertise in drafting, reviewing, and negotiating sophisticated, non-standard agreements and handling pre-sale, competitive negotiations in support of sales and client experience goals.
  • Keen knowledge of retirement and health plan products, services, and the laws and regulations that apply to them (ERISA, Internal Revenue Code, HIPAA, data privacy laws, etc.).
  • Identification of legal, regulatory, and business risk, in concert with business partners, and proactive outreach and education regarding process efficiencies.
  • Key contributor to the Contracts management team and a vocal representative on initiatives that improve Fidelity's ability to formalize its client relationships.
  • Top-quality presentation, interpersonal, and diplomacy skills, including the ability to simplify complicated issues and build consensus among competing interests.
  • Minimum of 10+ years of shown experience.
  • Requires a four (4) year college degree, JD strongly preferred.

The Skills You Bring

  • Excellent strategic, tactical thinking, judgment, and decision-making skills, which you will readily use to simplify sophisticated contract and business issues for straightforward, practical analysis and resolution.
  • Executive-level confidence, presence, initiative, and influencing skills.
  • Sharp oral and written communication skills.
  • Positive and collaborative approach forging pragmatic and creative solutions across a variety of contract issues in a dynamic environment.

The Value You Deliver

  • Support Existing and New Business Growth: You enjoy serving as the face of Fidelity in client negotiations, providing an outstanding customer experience for existing and prospective clients. As manager of the Large/Select Contracts Team, you own the successful drafting, negotiation, and execution of agreements that address client needs and help drive business growth while protecting Fidelity's interests.
  • Leadership: You serve as a contracts subject matter authority. You have the passion to keep informed and resolve legal, risk, and compliance contract issues. You have the confidence to deliver informed counsel to your team and business partners. You empower and strengthen the team by easily sharing your knowledge and perspective. You actively seek to improve the quality of services offered by our team. You possess integrity with strength of character to express opinions and challenge existing practices.
  • Communication and Counsel: You are a trusted advisor to business colleagues on legal and regulatory changes that impact Fidelity's provision of administrative services to plan sponsors. You use your verbal, written, analytical, and creativity skills to find compromise in opposing perspectives that satisfy the clients' needs while protecting Fidelity.

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 clients' money.



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