Senior Sourcing Manager

About the role

Wells Fargo is seeking a Senior Sourcing Manager to join our Strategic Sourcing team within Supply Chain Management. Location: Charlotte, NC.

Responsibilities

• Execute enterprise sourcing strategies and supplier capabilities to achieve line of business or companywide business objectives
• Identify and recommend opportunities for contract negotiations and relationship management with significant and potential business strategy impacts
• Develop and direct processes, strategy and companywide program recommendations
• Determine appropriate strategy to meet deliverables, interpret and develop annual cost saving programs and implement business strategies
• Evaluate, negotiate and manage the most complex and strategically important supplier and vendor relationships
• Collaborate and consult with Head of Technology Strategic Sourcing, peers, colleagues and interact directly with external customers to align priorities and establish tactical and strategic business objectives
• Support Wells Fargo Technology team with all IT Hardware, Telco, Network, and AI purchases.
• Manage allocation of people and financial resources for Sourcing
• Develop and guide a culture of talent development to meet business objectives and strategy

Requirements

• 7+ years of Sourcing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 3+ years of management or leadership experience

Qualifications

• 10+ years Fundamental understanding of contract law in drafting, reviewing, and interpreting contracts, with deep knowledge of Technology (IT Hardware, Telco, Network, AI, Cloud, and Datacenter) experience
• Comprehensive sourcing and contract negotiation experience with suppliers in the Technology categories (e.g., IT consulting, software, and hosted technology)
• Ability to project manage deals and drive results, including engaging and working with legal, financial and stakeholders.
• Strong benchmarking and financial analyses capabilities with experience negotiating contracts and sourcing for a large complex organization in a highly regulated environment.
• Proficiency with leading web-based contract management, strategic sourcing (RFx), and reverse auction tools (i.e., Ariba).
• Experience managing third party relationships and conducting business reviews.
• Ability to provide leadership by coaching, training, and mentoring.
• Ability to quickly establish credibility by building and maintaining effective working relationships with high ethics and integrity