Sr. Manager, Strategic Sourcing

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Westlake, TX, USA
In-Office
Fintech
The Role

Job Description:

Sr. Manager, Strategic Sourcing

The senior manager role on Fidelity Procurement’s strategic sourcing team leads Procurement projects of medium to high level complexity, typically in support of a single business group. This role will work with business partners to improve Fidelity’s position to broker for the right products, at the right price and contractual terms. Individuals should possess experience working across many business segments, including technology, marketing, financial services, and consulting services. They should exhibit strong communications skills as they partner with Fidelity leaders across our business units to achieve stronger scale and efficiency for Fidelity.

The Expertise and Skills you Bring

  • BS/BA in business administration or 5-8 years of equivalent experience in Procurement

  • Background in sourcing, contracting, or related experience in vendor or product management

  • Experience evaluating, negotiating and contracting with suppliers

  • Ability to lead/ influence cross-functional teams through procurement projects

  • Ability to assess risk and translate requirements to viable business solutions

  • Experience with business analytics, developing and presenting business cases and recommendations to decision-makers

  • Experience working with leaders at all levels, from the front lines to the C-Suite

  • Must be able to communicate effectively and professionally, verbally and in writing, to all levels of the organization

  • Flexibility to changing needs and process requirements

  • Commitment to drive data stewardship to ensure data integrity

  • Excellent time management skills with an ability to multi-task

  • Extremely strong process orientation and demonstrated continuous improvement skills

  • Supplier relationship skills; continuously, but constructively, demanding of supplier performance

  • Passion for improving quality and reducing costs – passion for driving optimum business outcomes

  • Capable of performing financial, technical and performance evaluations of suppliers

  • Excellent organizational skills

  • Consistent track record of teamwork

  • Excellent communication and people skills

The Value You Deliver

  • Strategize with key business and technology leaders to develop vendor and product strategies

  • Marshal the sourcing effort, including commercial and contract terms for each project

  • Align and coordinate with colleagues from risk-based groups to ensure risk mitigation of supplier contracts

  • Seek to achieve outstanding pricing with suppliers

  • Consistent education and enforcement of procurement and risk policies

The Team

Fidelity procurement helps Fidelity business partners make smart purchasing decisions that reduce risk and maximize value for the firm. Your impact will be realized as you assist our business partners in engaging Procurement to secure products and/or services through new vendor or existing vendor relationships. Your impact will be proven through the savings you are able to return to the firm.

Note: Fidelity is not providing immigration sponsorship for this position 

Certifications:

Category:Procurement

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 every other week (all business days, M-F) in a Fidelity office.

Fidelity Investments Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.

  • Strong & Reliable Incentives Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
  • Retirement Support A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
  • Parental & Family Support Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.

Fidelity Investments Insights

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The Company
HQ: Boston, MA
58,848 Employees
Year Founded: 1946

What We Do

At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.

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