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Wells Fargo Strategic Sourcing Consultant 2 in West Des Moines, Iowa

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 are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

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

The Chief Operating Office (COO) is responsible for delivering a more consistent approach to business operations across Wells Fargo, strengthening the company's risk and control infrastructure, and delivering effective and efficient enterprise services to employees and customers.

The COO group includes the head of Operations, who is jointly responsible for line of business operations with each of the three LOB CEOs. Operations functions include contact center operations, client servicing support, money movements within our businesses, lending operations, and other functions.

The COO group also includes a number of teams dedicated to strengthening Wells Fargo's risk and control infrastructure. These include the Control Executive team; Regulatory and Policy Affairs; Enterprise Customer Excellence; Sales Practices Oversight and Management; and Strategic Execution and Operations.

The Chief Administrative Office, encompassing the Corporate Properties Group; Corporate Security; Enterprise Business Resiliency; Strategic Programs and Process Improvement; Enterprise Change Management; Supply Chain Management; and Data Management and Insights, delivers important services for our employees and customers.

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 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 2 (SSC2) who will be responsible for managing spend categories, developing strategic sourcing strategies, and leading both supplier selection and contract negotiations for products and/or services, that have strategic business impacts. The SSC2 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. Statements of Work or Schedules), 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.

  • Work 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), supplier diversity, and sustainability in an effort to continually improve category effectiveness and efficiencies.

IMPORTANT REMINDERS WHEN APPLYING: Based on the volume of applications received this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.

LOCATION(S): Candidate must work out of posted locations. Remote candidates will not be considered. Willing to consider relocation assistance for the right candidate.

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

May be considered for discretionary bonus

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information

Required Qualifications

  • 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; or a Juris Doctorate (JD) degree and 3+ years of experience in one or a combination of the following: sourcing, technical sales, consulting, or vendor management

Desired Qualifications

  • 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.

  • 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).

Street Address

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

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.

Benefits Summary

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.

Company: Wells Fargo

Req Number: 5575447-1

Updated: 2021-05-16 09:11:27.870 UTC

Location: West Des Moines,IA

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