Vice President, Strategic Contracts

Job Description:

The Role

The Vice President, Strategic Contracts manages large-scale contracting projects related to complex research, amendment, and/or MSA drafting that are received throughout the organization; and provides industry specific expertise and strategic and tactical direction in the development, negotiation, management and administration of complex supplier contract negotiations and relationships.

The Vice President provides industry specific expertise, influencing, strategic and tactical direction in the development, negotiation, management and administration of complex contract negotiations and supplier relationships. The Vice President will lead the process of analyzing contract issues to identifying and eliminating risks and optimizing value to Fidelity. The Vice President works independently on both standard and non-standard contracts.

The Expertise & Skills You Bring

• Bachelor’s degree
• JD required
• 10+ years of substantive transactional contract negotiation experience required
• Expert ability to handle highly complex negotiations and varied contracts with Fidelity's most strategic vendor relationships independently
• Attend and represent contracts leadership at stakeholder meetings
• Create, oversee, and manage reporting and analytics for assigned project
• Significant transactional experience required, with excellent negotiation skills and knowledge of business terms and conditions.
• Top-quality presentation, interpersonal and diplomacy skills, including ability to simplify complicated issues and build consensus among competing interests
• Excellent strategic, tactical thinking, judgment, and decision-making skills, which you will readily use to simplify sophisticated contract and business issues for straightforward, practical analysis and resolution.
• Executive-level confidence, presence, initiative and influencing skills
• Ability to simultaneously manage multiple, large-scale projects at various stages both alone and delegating to others as needed.
• Proactive management of multiple Supplier relationships and ability to work well under pressure.
• Proven commitment to drive quality and process improvements
• Excellent project management skills
• Consistent ability to problem solve and work autonomously
• Positive and collaborative approach forging pragmatic and creative solutions across a variety of contract issues in a dynamic environment

The Value You Deliver

• Provides business leaders with contract analysis and a point-of-view for decision support
• You are a builder and a guardian, helping the business achieve its goals while protecting the firm against risks and exposure.
• Understands business objectives of the applicable Fidelity business team and integrates those requirements into the appropriate contracting vehicle.
• Providing the organization with recommendations, modifications, and process improvement opportunities.
• Provides guidance to senior leadership and colleagues as a subject matter expert
• Leverage experience and knowledge to provide thought leadership with business partners throughout the contracting lifecycle.
• Participating in cross-functional working teams.
• Applying, evaluating and refining the internal Fidelity transactional standards and practices.
• Responds to shifting priorities while maintaining progress of regularly scheduled workload.

The Team

We are an organization of professionals who own the contractual framework and contract process for most procurement-related strategic transactions across the firm. The VP, Strategic Contracts will manage the process for Fidelity’s most strategic and large complexity relationships and ad hoc contracting projects, including participating in weekly assessment and strategy meetings, creating and maintaining a pipeline of work, and facilitating communications between Strategic Contracts and its legal, risk, and other business partners.

Certifications:

Category:

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 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.