Job Description

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as Personal Cell or Cellular in the contact information of your application.

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Enterprise Finance drives financial management for the company and maintains and enhances risk and financial controls. Key functions within Enterprise Finance include finance and accounting; Treasury; corporate development, mergers, and acquisitions; Data Management and Insights, the Customer Remediation Center of Excellence, Enterprise Shared Services, Business Process Management, and Corporate Strategy. Enterprise Finance informs shareholders, regulators, taxing authorities, employees, and leaders of the companys financial performance through earnings releases, investor meetings and conferences, and meetings with regulators and credit rating agencies, following appropriate reporting guidelines. They also maintain and enhance risk and financial controls and lead many of the companys shared services functions including corporate properties, security, and global services.

The Strategic Sourcing Group within Supply Chain Management is responsible for leading the end-to-end third party service provider selection and contracting process to enable expense optimization and reduce vendor contract risk in support of both Line of Business (LOB) and enterprise objectives.

Wells Fargo is currently seeking a Strategic Sourcing Consultant 3 (SSC3) who will be responsible for leading and managing spend categories, developing strategic sourcing strategies for complex engagements, and leading both supplier selection and contract negotiations for high-risk and highly complex products and/or services that have significant strategic business impacts. The SSC3 will also be accountable for delivering category expense savings/avoidances, and drafting customized contract terms to proactively address business requirements and risk concerns.

Additional responsibilities include:

* Proactively identifies and escalates contract risk-related issues, and identifies and creates alternative contract language to mitigate risks (financial, operational, and reputational) when negotiating Master Agreements, Transaction Documents (e.g. Statement of Work or Schedule), Amendments, and other contractual documents.
* Works with key stakeholders (senior leaders) across the LOB or enterprise to determine the long-term needs and applicable supply/service strategies.
* Works with business partners to identify and drive Total Cost of Ownership (TCO) process improvements to reduce costs.
* Supports initiatives specific to e-business (procure-to-pay), diversity, and sustainability in an effort to continually improve category effectiveness and efficiencies.
* Provides input and leadership into the development of LOB periodic business reviews, Strategic Sourcings annual LOB and category strategy reviews, and acts as Strategic Sourcings liaison to key LOB leaders.
* Leads vendor governance activities (i.e. supplier briefs, internal stakeholder meetings, vendor periodic business reviews) specific to Wells Fargos most critical vendors.
* Contributes to improving LOB and/or Strategic Sourcing processes and systems to enable more robust processes, or efficiencies/expense reductions.

Required Qualifications
* 8+ years of experience in one or a combination of the following: sourcing, technical sales, consulting, or vendor management demonstrated through work or military experience; or a Juris Doctorate (JD) degree and 5+ years of experience in one or a combination of the following: sourcing, technical sales, consulting, or vendor management

Desired Qualifications
* Comprehensive knowledge and understanding of contract negotiation
* Comprehensive knowledge and understanding of sourcing methodology
* Experience managing third party relationships and measuring performance results
* Ability to provide leadership by coaching, training, and mentoring

Other Desired Qualifications
* Fundamental understanding of contract law, including a minimum of 5 years experience drafting, reviewing, and interpreting contracts
* Comprehensive sourcing and contract negotiation experience with suppliers in one or more of the following categories: professional services or contingent labor, technology (e.g. IT consulting and hardware/software/SaaS), facilities and or construction, financial services industry related products and services
* Experience negotiating contracts and sourcing for a large, complex organization in highly regulated environment
* Ability to project manage deals, including legal, financial, and stakeholder reviews
* Strong benchmarking and analysis capabilities
* Proficiency with leading web-based contract management, strategic sourcing (RFx), and reverse auction tools (ex: Beeline, Emptoris, and Ariba)

Job Expectations
* Ability to travel up to 10% of the time

Street Address
NC-Charlotte: 11625 N Community House Road - Charlotte, NC
MN-Minneapolis: 550 South 4th St - Minneapolis, MN
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
AZ-Chandler: 2600 S Price Rd - Chandler, AZ

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.