Job Description:
The Role
Relying on strong legal, communication and organizational skills, the Director of Legal & Licensing Negotiation will assist and counsel a team of Vendor Managers for a portfolio of critical market data third-party providers used throughout Fidelity Investments. Collaborating with business partners and Vendor Managers, the Legal & Licensing Director will review, edit, and help negotiate market data contracts, and will help to protect Fidelity by ensuring we are adhering to contractual license requirements. You will work closely with Business Unit Subject Matter Experts, key stakeholders, and Vendor Managers. Specific job-related tasks you will be responsible for:
- Draft and negotiate complex contractual arrangements with sophisticated parties in strict accordance with Firm contracting standards and procedures to protect legal and corporate interests
- Partnering with Vendor Managers to advise on best practices with regards to contracts and negotiations related to new vendors and complex vendor renewals
- Responding to complicated business inquiries from clients and partners regarding contract terms, license coverage and rights/obligations under existing contracts
- Understanding and guiding business partners on complex licensing provisions related to a variety of research and market data usage requirements from investment professionals in a timely manner
- Identifying and escalating legal and risk related contract concerns to the appropriate parties and effectively communicating in writing and orally with business and legal partners
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The Expertise and Skills You Bring
- Juris Doctor degree required
- At least 2 years' experience reviewing, drafting and negotiating contractual terms and conditions with vendors
- Experience counseling clients on complex data licensing rights, and being able to explain contractual risks in layperson terms
- Strong organizational skills with the ability to prioritize, set timelines and meet tight deadlines on occasion
- Experience facilitating meetings and leading complex discussions with business partners and senior leadership
- Proven ability to build strong relationships
- Excellent verbal and written communication skills and ability to tailor messages to various audiences
- Ability to work both independently and within a team environment
- Strong attention to detail and ability to exercise good judgement in all facets of work
- High level of curiosity enabling the desire to research and understand new topics
The Team
Vendor Relations is a team of Vendor Managers, Contract Specialists and Lawyers that provide outstanding service, specializing in market data and research service relationships and negotiation strategies for the Firm. We are part of the larger Fidelity Fund and Investment Operations business unit supporting the acquisition, management, dissemination, and use of data across the Firm. In Vendor Relations, we collaborate with groups across Fidelity including finance, risk, legal and compliance along with numerous investment teams providing opportunities to expand your network and gain a better understanding of the business.
Certifications:
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.
Join Us
At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.
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 all business days of every other week in a Fidelity office.
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.