Vice President, Strategic Sourcing

Fidelity Investments; Durham (NC); On-site; USD 180,000 - 260,000; Full time

Job summary

Fidelity Investments in the United States seeks a Vice President of Strategic Sourcing to set and drive the enterprise sourcing strategy in collaboration with business partners. This role leads end-to-end category management across a spend portfolio, delivering measurable value while aligning to strategic priorities.

You will partner with executive stakeholders, finance, legal, risk, and business leaders to ensure sourcing strategies enable growth, manage risk, and optimize total cost of

Qualifications

• Bachelor’s degree required; MBA or advanced degree preferred.
• 15+ years of experience in strategic sourcing/procurement within a large organization.
• Experience leading enterprise-scale category portfolios and significant spend.
• Proven success leading large, distributed teams with multiple leadership layers.
• Strong executive presence with ability to influence at the C-suite level.
• Deep experience in strategic negotiations, contract management, and vendor relationships.
• Experience operating in regulated environments is strongly preferred.

Responsibilities

• Set and drive the enterprise sourcing strategy in collaboration with internal business partners.
• Lead end-to-end category management across a portfolio of spend.
• Drive measurable value creation and build a high-performing sourcing organization.
• Partner with executive stakeholders, finance, legal, risk, and business unit leaders to enable growth, manage risk, and optimize total cost of ownership.

Skills

Strategic sourcing

Category management

Vendor relationship management

Executive presence

Negotiations

Leadership

Regulatory experience

Education

Bachelor's degree

MBA or advanced degree

Job description

Job Description

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

The Vice President of Strategic Sourcing is responsible for setting and driving the enterprise sourcing strategy for Fidelity Investments in collaboration with our internal business partners. Situated within Fidelity's Procurement organization, this role leads end‑to‑end category management across a portfolio of spend, drives measurable value creation, and builds a high‑performing sourcing organization aligned to business priorities. The VP of Strategic Sourcing will partner closely with executive stakeholders, finance, legal, risk, and business unit leaders, as well as the broader Procurement organization, to ensure sourcing strategies enable growth, manage risk, and optimize total cost of ownership while maintaining strong vendor relationships, accountability and governance.

Expertise and Skills You Bring

• Bachelor’s degree required; MBA or advanced degree preferred.
• 15+ years of demonstrated ability in strategic sourcing, procurement, category management or commensurate experience within a large, complex organization.
• Demonstrated experience leading enterprise‑scale category portfolios and managing significant spend.
• Proven success building and leading large, distributed teams with multiple layers of leadership.
• Strong executive presence with the ability to influence and partner at the C‑suite level.
• Deep experience in strategic negotiations, contract management, and vendor relationship management.
• Experience operating in regulated environments is strongly preferred.

The Team

Procurement at Fidelity actively engages with the business to enable strategy and deliver sustainable value. We mitigate risk through strong governance, disciplined vendor management, and proactive market insight. By maximizing vendor value and fostering trusted internal and external partnerships, we help drive innovation, resilience, and long‑term business outcomes.

Fidelity’s Onsite Working Model

Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications

Category:

Procurement

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.