• United Kingdom, Uk
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  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

About the opportunity About Procurement

Fidelity Internationals Global Procurement function has recently been formed by consolidating Procurement teams from around the globe Its staff of approximately 30 are based across UK, India, Continental Europe, and Asia Pacific and look after $650m of spend in 26 countries

The team reports into the Global CFO and is organised into (i) Technology Sourcing (ii) Non-Technology sourcing and (iii) Procurement Operations; which is based in India and Dalian The Global Procurement Operations team provide support by way of application ownership, management and governance to procurement and procurement applications as well as providing back office centre of excellence delivering technical and administrative support

Purpose of your role

To deliver global sourcing and procurement initiatives and on-going supply governance/risk management support for FILs Global procurement activity The Senior Sourcing Manager 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 The role will be based in either Fidelitys Oakhill office near Tonbridge in Kent or Kingswood office near Reigate in Surrey, with periodic travel required to either office and to Cannon Street in London

Your key responsibilities

Leading and executing the development of global corporate property services category strategy for active management single expense line for both supply and demand levers
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, ie 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, eg 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;
Ensuring accurate and up to date of contracts and supplier records are maintained, and commercially sensitive information managed in line with Fidelitys information security standards;
Maintaining awareness leveraging opportunities for and with other Fidelity Procurement teams globally;
Keeping internal stakeholders informed of procurement activities and progress through collaborative working and pro-active communication Establishing an engagement process & maintaining awareness with/alerting stakeholders of potential future procurement activity;
Maintaining awareness of industry developments and best practises Keeping abreast of potential new supply arrangements, latest products/services from a procurement perspective to prompt and promote innovation in FIL;
Drive innovation and the continuous improvement of commercial standards and processes to strengthen procurement disciplines across the FIL organisation to maximise the value derived from / minimise the risk associated with the supply base

Your skills and experience

Developing procurement/business plans;
Strong market knowledge and evidence of utilising that knowledge to make changes to procurement plans and business decisions
Experience developing and implementing global corporate property services category strategy in an multinational company environment
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
Strong negotiation, facilitation and procurement leadership skills
Demonstrate broad understanding of financial management principles (eg TCO, p&L etc) and other quantitative information to ensure procurement outcomes are both financially and qualitatively sound
CIPS or equivalent qualification/experience

About you

About Fidelity International Fidelity International offers world class investment solutions and retirement expertise As a privately owned, independent company, investment is our only business We are driven by the needs of our clients, not by shareholders Our vision is to deliver innovative client solutions for a better future

Our people are passionate, engaged, smart and curious, and we give them the independence and the confidence to make a difference While we take pride in the excellence of our investment solutions and client service, we know we can always do better We are honest, respectful and make tough calls, challenging the status quo to achieve better outcomes through innovation Above all else, we always put our clients first

Find out more about what we do, our history, and how you could be part of our future at


Applying to this Job Role Please note you are only required to upload your CV/Resume to the application screen

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking, Financial Services/Stockbroking
Functional Area : Materials/Logistics/Supply Chain Mgmt/Procurement
Role : Purchasing/Sourcing
Salary : As per Industry Standards
Deadline : 17th Mar 2020

Key Skills:

Company Profile:


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