Strategic Sourcing Team Lead
Job Description
Job Description:
Job Title: Strategic Sourcing Team Lead
The Role
In this role you will lead a team of Procurement Sourcing Specialists who assist business partners with sourcing, evaluating, negotiating and contracting for goods and services for the firm. You will guide the team to be trusted advisors supporting Fidelity's business strategy by mitigating risk, enhancing supplier value, reducing expenses and building internal and external business partnerships!
This leader will mentor, coach, and develop their associates in the tactical and strategic skills required to effectively collaborate with business partners across the Fidelity enterprise. In addition to their management responsibilities, the Sourcing Team Lead will lead strategic Procurement projects aligned for assigned businesses and collaborate with their Domain Team Leader to ensure Procurement's collaboration is consistent with the defined engagement strategy. Additionally, they will partner and work in collaboration with the larger Procurement organization to deliver on pivotal initiatives and KPIs.
The Expertise and Skills You Bring
Bachelor's degree or equivalent experience and 10-15+ years in Business, Finance, or Procurement
Management experience preferred
Experience evaluating, negotiating and contracting with suppliers
Ability to lead/influence cross-functional teams through complex projects
Experience working with leaders at all levels, from the front lines to the C-Suite
Identify process improvement opportunities and partner across teams to lead pivotal initiatives designed to reduce risk and improve efficiency and quality
Committed and effective coach who invests in their people to improve their skills and provide mentorship toward career growth
Demonstrated ability to drive success with a team of local and/or regionally dispersed team members
Proven track record of collaboration, partnership, and customer focus
Strategic ability to collaborate across a large organization and implement quickly against multiple/evolving priorities
Flexibility to changing needs and process requirements
Ability to assess risk and translate requirements to viable business solutions
Must be able to communicate effectively and professionally, verbally and in writing, to all levels of the organization
Experience with business analytics, developing and presenting business cases and recommendations to decision-makers
Commitment to drive data stewardship to ensure data integrity
Excellent time management skills with an ability to multi-task
Provides clear direction to your team that is consistent with Procurement and Fidelity's vision and mission
Provides leadership and ongoing coaching to your team to ensure projects are performed in a consultative manner consistent with Procurement's goal of being trusted advisors to our internal clients
Use relationship skills to understand business partner objectives and manage your team to ensure that the strategy defined by your Domain Leader is successful
Consistent education and enforcement of procurement and risk policies
Implement higher dollar, higher risk Procurement projects to ensure optimal risk mitigation and cost savings, thereby leading your team by example
Note: Fidelity is not providing immigration sponsorship for this position
The Team
Fidelity Procurement helps Fidelity's business units make thoughtful purchasing decisions that reduce risk and improve value for the firm while lowering operating expenses. In this role you will manage a Procurement team that assists BU partners as they look to work with a new vendor or make changes to or renew a current vendor relationship!
Certifications:
Category:
ProcurementMost 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.
Job Description:
Job Title: Strategic Sourcing Team Lead
The Role
In this role you will lead a team of Procurement Sourcing Specialists who assist business partners with sourcing, evaluating, negotiating and contracting for goods and services for the firm. You will guide the team to be trusted advisors supporting Fidelity's business strategy by mitigating risk, enhancing supplier value, reducing expenses and building internal and external business partnerships!
This leader will mentor, coach, and develop their associates in the tactical and strategic skills required to effectively collaborate with business partners across the Fidelity enterprise. In addition to their management responsibilities, the Sourcing Team Lead will lead strategic Procurement projects aligned for assigned businesses and collaborate with their Domain Team Leader to ensure Procurement's collaboration is consistent with the defined engagement strategy. Additionally, they will partner and work in collaboration with the larger Procurement organization to deliver on pivotal initiatives and KPIs.
The Expertise and Skills You Bring
Bachelor's degree or equivalent experience and 10-15+ years in Business, Finance, or Procurement
Management experience preferred
Experience evaluating, negotiating and contracting with suppliers
Ability to lead/influence cross-functional teams through complex projects
Experience working with leaders at all levels, from the front lines to the C-Suite
Identify process improvement opportunities and partner across teams to lead pivotal initiatives designed to reduce risk and improve efficiency and quality
Committed and effective coach who invests in their people to improve their skills and provide mentorship toward career growth
Demonstrated ability to drive success with a team of local and/or regionally dispersed team members
Proven track record of collaboration, partnership, and customer focus
Strategic ability to collaborate across a large organization and implement quickly against multiple/evolving priorities
Flexibility to changing needs and process requirements
Ability to assess risk and translate requirements to viable business solutions
Must be able to communicate effectively and professionally, verbally and in writing, to all levels of the organization
Experience with business analytics, developing and presenting business cases and recommendations to decision-makers
Commitment to drive data stewardship to ensure data integrity
Excellent time management skills with an ability to multi-task
Provides clear direction to your team that is consistent with Procurement and Fidelity's vision and mission
Provides leadership and ongoing coaching to your team to ensure projects are performed in a consultative manner consistent with Procurement's goal of being trusted advisors to our internal clients
Use relationship skills to understand business partner objectives and manage your team to ensure that the strategy defined by your Domain Leader is successful
Consistent education and enforcement of procurement and risk policies
Implement higher dollar, higher risk Procurement projects to ensure optimal risk mitigation and cost savings, thereby leading your team by example
Note: Fidelity is not providing immigration sponsorship for this position
The Team
Fidelity Procurement helps Fidelity's business units make thoughtful purchasing decisions that reduce risk and improve value for the firm while lowering operating expenses. In this role you will manage a Procurement team that assists BU partners as they look to work with a new vendor or make changes to or renew a current vendor relationship!
Certifications:
Category:
ProcurementMost 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.
About Fidelity Investments
At Fidelity, since our founding in 1946, we have been dedicated to strengthening and security our clients’ financial well-being through exceptional service and innovative solutions. We empower over ~50 million people to achieve their most important financial goals, manage employee benefit programs for nearly 24,000 businesses, and support more than 16,000 wealth management firms and institutions with cutting-edge investments and technology. Our diverse business portfolio and independence provide us with a comprehensive view of the market and the stability to deliver long-term value for our customers. As the financial industry evolves and customer needs grow more complex, Fidelity continues to reinvent, innovate, and transform to meet the challenges of tomorrow’s financial landscape.
*Specifically serviced by our Clearing & Custody team within Fidelity Institutional
Fidelity TalentSource, is the in-house temporary staffing provider for Fidelity Investments. Unlike traditional staffing agencies, we are an internal business unit within Fidelity’s Talent Acquisition team, dedicated to recruiting talent from various backgrounds for roles in Fidelity’s regional and investor center locations. Our mission is to help you experience Fidelity’s diverse and inclusive workplace while expanding your skill set and professional network, with the ultimate goal of conversion to full-time employment as part of Fidelity’s long-term strategy. To learn more about temporary positions at Fidelity Investments, visit FidelityTalentSource.com.
Fidelity Investments would like you to finish the application on their website.