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. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll 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 company's 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 company's 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 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 2 (SSC2) who will be responsible for managing spend categories, developing strategic sourcing strategies, and leading both supplier selection and contract negotiations for high-risk products and/or services that have significant strategic business impacts. The SSC2 will also be accountable for delivering category expense savings/avoidances, and drafting customize contract terms to proactively address business requirements and risk concerns.
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 (SOWs), 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.
5+ years of experience in one or a combination of the following: sourcing, technical sales, consulting, or vendor management demonstrated through work or military experience
Experience managing third party relationships and measuring performance results
Other Desired Qualifications
Fundamental understanding of contract law, including a minimum of 3 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
Proficiency with leading web-based contract management, strategic sourcing (RFx), and reverse auction tools (ex: Beeline, Emptoris, and Ariba)
Strong benchmarking and analysis capabilities
Ability to project manage deals, including legal, financial, and stakeholder reviews
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA AZ-Chandler: 2600 S Price Rd - Chandler, AZ NC-Charlotte: 8505 Ibm Drive - Charlotte, NC MN-Minneapolis: 550 South 4th St - Minneapolis, MN NC-Charlotte: 11625 N Community House Road - Charlotte, NC
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.
Internal Number: 5556429-4
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo