About this role:

Wells Fargo is seeking a Lead Sourcing Consultant to join our Wholesale Sourcing Team; supportingCorporate Investment Banking, Wealth Mgmt. and Commercial teams.

In this role, you will:

• Lead contract negotiations and manage supplier relationships of high risk or complexity with significant impact to the business strategy

• Manage suppliers and relationships from a life-cycle perspective with a focus on reducing cost or spend, increasing customer satisfaction, and maximizing business impact

• Establish e-business, procure-to-pay, environmental, and Strategic Sourcing cost reduction strategies to continually improve category effectiveness and efficiencies

• Customize legal contract language to proactively anticipate technology, market and business issues

• Control all aspects of negotiation and set negotiation strategy

• Support acquisitions including negotiation reassignment on high-risk contracts

• Participate in the review of closing agreements

• Lead projects required to ensure legal and regulatory compliance, as well as educate and act as a resource for Contract Analysts with regard to such issues

• Educate Contract Analysts and business partners on risk issues and handle vendor disputes

• Provide direction and guidance to less experienced staff

• Partner with business units to issue and evaluate Request For Proposals and to ensure successful implementation of agreements

• Partner with business units to ensure standard contracts include corporate requirements

• Establish and maintain a good rapport with executive management, vendors, and third-party lessors or manufacturers to optimize negotiation, savings and service improvements and problem resolution

• Act as a focal point for coordinating sourcing efforts across business entities

Required Qualifications:

• 5+ years of Sourcing, Procurement experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Extensive experience negotiating and managing SaaS, trading services, wealth management platforms and/or market data providers, rationalizing utilization and developing sourcing strategies

• Experience negotiating contracts in support of Capital Markets, Investment Banks, Asset Management or Retail Brokerage.

• Experience negotiating market data, broker/dealer agreements and other trading-related products and services.

• 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, technology (e.g. IT consulting and hardware/software/SaaS), 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.

• Ability to quickly establish credibility to build and maintain effective working relationships  

• Strong customer relationship management skills

• Strong analytical skills and high attention to detail

Job Expectations:

• Ability to travel 5% of the time

• This position offers a hybrid work schedule

• Adherence to in-office attendance expectations

• This position is not eligible for Visa sponsorship

Locations: Only posted locations being considered

• 11625 N Community House Rd., Charlotte, NC

• 1525 W W T Harris Blvd, Charlotte, NC

• 401 S. Tryon St., Charlotte, NC

Posting End Date:

*Job posting may come down early due to volume of applicants.