ET Vendor Manager
Job Description:
The Role
As a member of the ET Vendor Management team, you will lead a portfolio of moderate to high complexity vendors across Enterprise Technology and supporting the team with other critical initiatives. This role requires a strong focus with vendor risk, vendor performance and impacting overall financial benefit to the firm. You will collaborate with ET Business partners to support their goals and initiatives, while holding our external vendors accountable through contract compliance. The primary vendors in this opportunity will focus on vendors within the ET ecosystem.
The Expertise and skills you bring:
- Bachelor’s degree required or equivalent (and relevant) experience.
- 5 plus years of relevant experience in Vendor Management, Procurement or Risk related roles.
- You are an excellent communicator and have strong facilitation, able to influence others and comfortable with interacting with all levels of the organization.
- You have the ability to independently drive and manage multiple vendor engagements with varying complexity, with minimal oversight.
- You are organized and can manage multiple projects or activities simultaneously and deliver results in an accurate and timely manner
- You have an ability to foster and improve partnerships with peers, leaders, vendors and other partners.
- You have a strong background or experience with Vendor Management and Procurement processes.
- You are eager to be a part of a growing team with a strong focus on establishing processes, best practices and standards across a dynamic organization.
- Provide oversight to a portfolio of vendors with moderate to strategic complexity.
- Support development of tools and processes to effectively collect, analyze and report vendor metrics.
- Lead all aspects of, measure, and report vendor performance relative to contracted expectations, including Service Level Agreements; drive improvement and accountability with the vendors.
- Seek out and execute on cost reduction opportunities across your portfolio
- Support funding processes: including purchase order creation & tracking, reporting and associated governance reviews.
- Strong focus on vendor risk, including proactive risk mitigation measures and partnering with ET Risk, Compliance and ECS Risk.
- Maintain deep knowledge of the relationship’s overall risk profile and contribute to the resolution of risk-related events.
- Building strong partnerships across Procurement, Risk & Finance.
- Develop full understanding of active contracts and ensure vendor and Fidelity are enforcing all contract terms.
- Participate in Procurement related activities, including market scans, RFPs, RFXs, contract and vendor negotiations; coordinate activities to ensure progress, approvals & timely completion.
- Coordinate and drive Business Review meetings with vendors as appropriate.
- Complete responsibilities & compliance to the Enterprise Vendor Management policy.
- Produce recurring dashboards and/or scorecards to internal and external stakeholders for portfolio of vendors.
The Team
The ET Vendor Management team, leads a portfolio of moderate to high complexity vendors across Enterprise Technology and supporting the team with other critical initiatives. This role requires a strong focus with vendor risk, vendor performance and impacting overall financial benefit to the firm.
The base salary range for this position is $89,000-$180,000 per year.Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Please consult with your recruiter for the specific expectations for this position.