Fidelity
Sourcing Lead - Market Data
Sourcing Lead - Financial Services & Market Data
Contract length: 6 Months
Location: Cannon Street, London & Hybrid
Department: Global Procurement
Job type: Contract
Your role:
To deliver & lead global Financial Services & Market Data and procurement initiatives and on-going supply governance/risk management support for FIL’s Global procurement activity. The Associate Director of Sourcing seeks to achieve value for money services, maximise operational efficiency, and provide effective risk mitigation and operational controls across the range of supply arrangements FIL enters into
About you
Developing procurement/business plans and team workload / resource planning;
Strong market knowledge and evidence of utilising that knowledge to make changes to procurement plans and business decisions
Experience of running formal Procurement processes on a Global basis.
Procurement function leadership skills – extensive experience of leading concurrent procurement initiatives, contract negotiations, and the management of supply relationships across a range of procurement categories in a global services organisation.
Achieving results through working with senior business managers and procurement specialists embedded in regional business functions around the globe.
Experience of resolving disputes and commercial contract law concepts and contract term constructs
Strong team working skills, and ability to operate across teams, cultural and organisational boundaries
Experience of working in an ambiguous environment
Ability to multi task and prioritise workload with a strong attention to detail and stakeholder management
Excellent communication skills both written and verbal, and ability to visualise, articulate ideas and concepts succinctly
Business aware and customer focused
Key accountabilities
Lead & manage the newly formed Financial Services & Market Data group reporting to Head of Global Sourcing
Leading and executing the development of Business Partnering including global category strategies for ‘active’ management
Excellent relationship management and communication skills are required to ensure you are able to become and been seen as a trusted adviser to the senior business stakeholders;
Leading demand challenge and driving innovation, i.e. establishing longer range plans, assessing opportunities and leveraging market developments/industry best practises to drive efficiencies and global cost savings;
Driving procurement processes and taking responsibility for leading contract and service level agreement (SLA) negotiations. Ensure clear accountabilities, timelines and deliverables are established; and ongoing status routinely communicated to projects teams and stakeholders;
Assisting and mentoring service owners in managing external supplier relationships in particular the performance management, service delivery, SLA monitoring and reporting;
Proactively managing new suppliers, services and service extensions in conjunction with business sponsors and other stakeholders to maximise the benefits sought, e.g. financial, operational, risk mitigation etc.;
Undertaking supplier and contract management activities, including: facilitating the setup and engaging in / providing oversight of key supplier governance arrangements; managing contractual processes & formal contract changes; supplier benchmarking & financial/risk assessment reviews
Why Fidelity
Fidelity International offers investment solutions and services, and retirement expertise to more than 2.56 million customers around the world. As global leaders, operating in more than 25 locations and with $783.6 billion in total assets, they continually push the boundaries of technology to build an even stronger business.
Rewards and benefits
As well as the prestige of working for a global financial services player, you’ll work with some of the smartest tech, expanding your skills and building your experience. Also, as a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life.
Inclusion and diversity
Fidelity is proud of its achievements as an equal opportunities employer. They care deeply about creating a supportive place where all people feel valued and free to be themselves. A commitment to Diversity and Inclusion is not only right, it's critical for a healthy culture and leads to better business outcomes. That’s why Fidelity has an environment where all differences are welcomed and celebrated.
The Randstad companies are responsible for finding and contracting talent for project roles at Fidelity International. If you are selected for a role, you will be employed by a Randstad company, and will not be an employee of Fidelity International