Competitive Sourcing Specialist
Fidelity TalentSource is your destination for discovering your next temporary role at Fidelity Investments! We are currently sourcing for a Sourcing Specialist to work in Westlake, TX.
The Role
The Procurement as a Service (PaaS) team is responsible for all types of competitive sourcing including renewals, new products and services, existing product renewals (e.g. professional services, hardware, telecom, software, and cloud). The successful candidate will have a strategic mentality while working across the team and our business groups to provide Fidelity the best price and terms while mitigating risk. The individual will have strong communications skills as they partner with internal partners, Fidelity leaders, and suppliers to achieve stronger scale and efficiency.
The hourly pay rate range for this position is $26-28 per hour.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
The Team
PaaS helps business units make thoughtful purchasing decisions that reduce risk and improve value for the firm. In this role you will assist associates that engage PaaS as they look to work with a new vendor or make changes to a current vendor relationship.
The person will directly, or indirectly, engage and negotiate with large and small vendors.
As a leader within a deal team, this person will collaborate with business unit product managers, contract managers, vendor managers, risk, ESG, legal, and finance to develop sourcing strategies.
The Expertise You Have
- Some knowledge of or experience in procurement, purchasing, or sourcing including commercial and contract negotiations
- Ability to influence cross-functional project teams through complex projects
- Proactive management of multiple supplier relationships and ability to work well under pressure
- BS/BA in business administration
The Skills You Bring
- Ability to influence various project team members
- Some background in negotiation, vendor management or product management including performance oversight
- Strong written, verbal, and interpersonal communication skills
- Prefers an environment of strong collaboration and teamwork
- Detail oriented with a focus on continuous skills improvement
- Passion and enthusiasm for driving optimum business outcomes
- Desire to lead complex negotiations and performing financial, technical, commercial and performance evaluations of suppliers
- Excellent planning and organizational skills
- Strong customer focus and collaboration/teamwork skills
The Value You Deliver
- Lead the sourcing, negotiations, contracting and procurement process across different Fidelity business divisions
- Engage and regularly collaborate with various members across PaaS and Business units
- Work to achieve outstanding pricing with suppliers on negotiations
- Prepare RF(x) and lead teams in the source selection process
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.
Company Overview
Fidelity TalentSource, formerly Veritude, is the in-house temporary staffing provider for Fidelity Investments, one of the largest and most diversified global financial services firms in the industry. We recruit individuals from a variety of backgrounds, including technology and customer service, to fill assignments across Fidelity’s U.S.-based regional and investor center locations. If you would like to experience Fidelity’s diverse and inclusive workplace while expanding your skills and developing your professional network, consider a role with Fidelity TalentSource.
For information about working at Fidelity TalentSource, visit FTSJobs.com.
Fidelity TalentSource will reasonably accommodate applicants with disabilities who need adjustments in order to complete the application or interview process. Please email us at HR@ftsjobs.com if you would like to request an accommodation.
Information about Fidelity Investments
At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and championing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences.
Fidelity Investments and Fidelity TalentSource are equal opportunity employers.