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: