Vendor Analyst

Job Description:

The Role

As a member of the Vendor Administration Team, you play a key role in efficiently maintaining and leading all aspects of market data expenses and provide oversight for market data and research vendors. This role and team provide high-level administration of market data inventory, reconcile, and process vendor invoices; investigate and resolve discrepancies, daily processing of user and service requests, and ad hoc reporting requests. While the area of focus is on inventory management you will also build positive relationships with internal business partners across Fidelity, work with your peers, corporate accounts payable, finance, and participate in internal and external audit reviews, and various cross team initiatives.

The Expertise and Skills You Bring

• BA/BS; 3 - 5 years market data industry experience and/or financial services experience is a plus
• Understand the concept of accrual methodologies and accounting principles
• Experience balancing general ledgers and cost center expenses
• Prepare and communicate purchase orders funding requests and vendor set-up forms
• Exceptional accuracy and attention to detail; with the ability to understand and meet quality control standards, detect errors, and take corrective action
• Strong written and verbal communication, with the ability to communicate with confidence, share ideas, strong organizational skills and able to prioritize tasks
• Innovative and creative approach to understanding and implementing complex concepts and data
• Ability to effectively respond to dynamically changing work environments
• Database Management experience using Workday, inventory databases or data tracking systems where expenses, users or services are stored (ex. invoice payment/expense tracking systems)
• Advance excel experience with exporting data, use of pivot tables and sophisticated formulas (v-lookups, h-lookups, pivots, embedding functions). Tactical use of excel for data reconciliations.
• Critical thinking skills with the ability to problem solve, work independently to manage vendors, and use data to analyze and draw meaningful conclusions (analytical skills)

Note: Fidelity is not providing immigration sponsorship for this position

The Team

Research & Market Data Administration provides high-quality, oversight of enterprise market data across Fidelity. The team’s primary goal is to ensure the market data inventory Management database (FITS) is accurate, that invoices, and service access requests are processed in good order, and that financial data is accurately maintained and distributed to all business partners.

Certifications:

Category:

Procurement

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

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.