Senior Vendor Relationship Manager

4 weeks ago

Westlake, Ohio, United States Fidelity TalentSource LLC Full time

Job Description:

The Senior Vendor Manager will maintain and strengthen partnerships for a specified portfolio of various critical market data third-party providers used throughout Fidelity Investments. This role requires strong relationship, communication, and organizational skills to negotiate market data contracts, serve as a vendor relationship manager, and protect Fidelity by ensuring adherence to vendor-related risk policies.

Key Responsibilities:

  • Partner with Business Unit Subject Matter Experts and Vendor Administration team to align ongoing vendor initiatives and complex vendor renewals.
  • Negotiate pricing and commercial terms with vendors during contract negotiations and complex renewals.
  • Review and edit contract documents to ensure compliance with Fidelity's risk policies.
  • Work with vendors to complete required compliance tasks to safeguard Fidelity and mitigate risk.
  • Facilitate relationship and performance meetings with vendors to monitor and address vendor performance.

Requirements:

  • Bachelor's degree strongly preferred; Paralegal Degree a plus.
  • At least 5 years of experience reviewing contracts and negotiating terms and conditions with vendors.
  • Several years of general procurement experience in a Financial or Market Data category preferred.
  • Comfortable interacting with senior leadership and building strong relationships.
  • Strong organizational skills with the ability to prioritize, set timelines, and meet achievements.
  • Experience facilitating meetings and leading complex discussions with vendors.
  • Proven ability to build strong relationships and communicate effectively with various stakeholders.

About Fidelity:

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, assist companies and non-profit organizations in delivering benefits to their employees, and provide institutions and independent advisors with investment and technology solutions to help invest their clients' money.

Why Join Fidelity:

Fidelity offers a range of opportunities for learning and career growth, a hybrid working model that blends the best of both onsite and offsite work experiences, and a culture that values honesty, integrity, and the safety of our associates and customers within a heavily regulated industry.

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