About the role

  • Director of Vendor Management leading vendor oversight and risk management for technology vendors. Focused on strategic complexity, performance metrics, and financial benefits for the organization.

Responsibilities

  • Provide oversight to a portfolio of vendors with strategic complexity.
  • 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 implement cost reduction opportunities across your portfolio
  • Support funding processes: including purchase order creation & tracking, reporting and associated governance reviews.
  • Significant focus on vendor risk, including proactive risk mitigation measures and collaborating with enterprise risk functions.
  • Maintain deep knowledge of the relationship’s overall risk profile and drive resolution of risk-related events.
  • Building positive partnerships across Procurement, Risk & Finance.
  • Develop full understanding of active contracts and ensure vendor and Fidelity are adhering to 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 partners.

Requirements

  • Bachelor’s degree required or equivalent (and relevant) experience.
  • 7-10 years of work experience in Vendor Management, Procurement or Risk related roles.
  • Extensive Fidelity expertise and work experience interacting with all levels of the organization.
  • You are an excellent communicator and have strong facilitation, influencing skills and negotiating skills, with strong executive presence.
  • You have the ability to independently drive and lead all aspects of complex vendor engagements with minimal oversight.
  • You are organized and can lead multiple projects or activities simultaneously and deliver results in an accurate and timely manner.
  • You have an ability to cultivate and improve partnerships with peers, leaders, vendors and other partners.
  • You have a strong background or experience with Vendor Management and Procurement processes.

Benefits

  • comprehensive health care coverage and emotional well-being support
  • market-leading retirement
  • generous paid time off and parental leave
  • charitable giving employee match program
  • educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career

Job title

Director, Vendor Management

Job type

Experience level

Lead

Salary

$110,000 - $222,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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