Director, Strategic Contracts

Job Description:

Director, Strategic Contracts

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. 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

Note: Fidelity is not providing immigration sponsorship for this position

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.

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—we 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. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

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.