Senior Vendor Manager - Vendor Relations at Fidelity TalentSource LLC

Job Description:

The Role

Relying on strong relationship, communication and organizational skills, 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. Collaborating with business partners and vendors, the Vendor Manager will negotiate market data contracts, will serve as a vendor relationship manager, and will help to protect Fidelity by ensuring we are adhering to vendor-related risk policies . You will work closely with Business Unit Subject Matter Experts, key stakeholders, and the Vendor Risk Center of Excellence to monitor and elevate critical vendor relationships. Specific job-related tasks you will be responsible for:

• Partnering with Business Unit Subject Matter Experts and Vendor Administration team to align ongoing vendor initiatives and complex vendor renewals
• Negotiating pricing and commercial terms with vendors during contract negotiations and complex renewals
• Reading, reviewing, and editing contract documents
• Working with vendors to complete required compliance tasks to safeguard Fidelity & mitigate risk
• Facilitating relationship and performance meetings with vendors
• Monitoring and addressing vendor performance; identifying and escalating concerns to the appropriate parties

The Expertise and Skills You Bring

• Bachelor s degree strongly preferred; Paralegal Degree a plus
• At least 5 years experience reviewing contracts and negotiating terms and conditions with vendors
• Several years general procurement experience in a Financial or Market Data category preferred
• Comfortable interacting with senior leadership

• Strong organizational skills with the ability to prioritize, set timelines and meet achievements

• Experience facilitating meetings and leading complex discussions with vendors

• Experience managing vendor relationships required
• Proven ability to build strong relationships
• Excellent verbal and written communication skills and ability to tailor messages to various audiences
• Advanced skills in MS Word, PowerPoint, and Excel
• Ability to work both independently and within a team environment
• Strong attention to detail and ability to exercise good judgement in all facets of work
• High level of curiosity enabling the desire to research and understand new topics
• Ability to draw conclusions from both data analysis and information captured from business partners

The Team

Vendor Relations is a team of Vendor Managers, Contract Specialists and Lawyers that provide outstanding service, specializing in market data and research service relationships and negotiation strategies for the Firm. We are part of the larger Fidelity Fund and Investment Operations business unit supporting the acquisition, management, dissemination, and use of data across the Firm. In Vendor Relations, we collaborate with groups across Fidelity including finance, risk, legal and compliance along with numerous investment teams providing opportunities to expand your network and gain a better understanding of the business.

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

, 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.

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,

, 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

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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

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