CIB Strategic Vendor Management Lead
About The Position
Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo. Wells Fargo is seeking a Strategic Vendor Management Lead to serve as a strategic partner between CIB Business Owners and Supply Chain Management (SCM), driving vendor relationship optimization, governance compliance, and timely execution of complex SCM tasks. This role requires executive-level engagement, portfolio oversight, risk management, and commercial acumen to deliver cost efficiencies and process improvements.
Requirements
- 5+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Nice To Haves
- Strong communication, Executive interaction and presentation skills
- Robust experience in Third Party Risk Management
- Analytical mindset with experience in SLA governance and vendor management
- Ability to synthesize portfolio data into actionable insights
- Basic financial acumen for cost analysis and business case development
- Advanced stakeholder management and negotiation skills
- Familiarity with supply chain management / third party risk frameworks, compliance standards, and procurement tools (Ariba, ProcessUnity)
Responsibilities
- Act as primary liaison for respective business assigned (Banking, Markets, Commercial and Real Estate, International, and COO); summarize portfolio performance, influence senior stakeholders and present insights
- Identify cost-saving opportunities, perform variance analysis, and support budgeting and forecasting cycles
- Oversee completion of Inherent Risk Questionnaires, compliance assessments, and remediation activities
- Lead recurring vendor portfolio reviews; ensure SLA adherence and performance optimization
- Ensure adherence to regulatory standards and contractual compliance
- Drive automation initiatives and leverage procurement tools for efficiency
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
