Head of Professional Services Strategic Sourcing

Wells Fargo•Charlotte, NC

4d•$185,000 - $300,000•Hybrid

About The Position

Wells Fargo is seeking a Head of Professional Services Strategic Sourcing to lead its Professional Services Strategic Sourcing Team, which manages approximately $3.0 billion in annual spend across close to 1,800 contracts. The portfolio includes Consulting and Advisory Services, Audit, Finance and Accounting Services, Tax Services, Legal Services, ITO and BPO Outsourcing Services, Staff Augmentation, and System Integration. The role leads a geographically distributed team of approximately 20 employees across onshore and offshore locations. The leader aligns sourcing strategy and execution with business priorities, delivers commercial value, manages supplier and operational risk, and strengthens partnerships among Strategic Sourcing, business teams, Finance, and other stakeholders. The position also serves as an enterprise thought leader on sourcing labor, leads strategic planning with line-of-business leaders, and guides complex supplier negotiations and escalations as a trusted advisor to business executives. The organization has introduced a new category-management capability and operating model and uses AI-enabled and orchestration solutions to improve sourcing processes. The successful candidate will lead transformation initiatives within the sourcing organization. The role is hybrid, with three days in the office and two remote, based in Charlotte, North Carolina. Travel is required as needed; relocation is available.

Requirements

10+ years of sourcing experience, or equivalent experience demonstrated through work experience, training, military experience, education, or a combination of these.
4+ years of management or leadership experience.
Extensive experience leading strategic sourcing, procurement, or supply chain organizations supporting multiple enterprise functions or complex lines of business.
Experience developing and executing enterprise category strategies, demand management approaches, supplier strategies, and annual commercial value or cost savings programs.
Proven ability to lead complex negotiations and structure agreements with large, strategic, or global suppliers.
Strong knowledge of third-party risk, contracting controls, supplier governance, and sourcing practices in a highly regulated environment.
Executive-level relationship management skills, including advising, influencing, challenging, and building alignment with senior business and Finance leaders.
Ability to connect business strategy, spend analytics, market intelligence, supplier capabilities, and risk considerations to sourcing priorities and decisions.
Demonstrated ability to lead organizational change, improve operating models, and use process and technology improvements, including Artificial Intelligence, to increase efficiency and effectiveness.
Excellent communication and presentation skills, including translating complex information into concise recommendations and executive-level decisions.
Strong judgment, business acumen, strategic thinking, problem-solving skills, and ability to operate autonomously in a dynamic environment.
Experience developing leaders, building organizational capability, and fostering an inclusive and accountable team culture.
Virtual leadership experience and ability to drive results and build relationships across onshore and offshore teams.
Ability to travel as needed.

Nice To Haves

7+ years of management or leadership experience, including 2+ years managing people leaders.
Financial services experience.

Responsibilities

Lead Strategic Sourcing professionals executing sourcing strategies for complex enterprise-wide and line-of-business negotiations to achieve company objectives.
Evaluate, negotiate, and manage complex or strategically important supplier and vendor relationships in alignment with companywide objectives.
Prioritize and govern the deal pipeline, expiring contracts, category strategies, and material sourcing initiatives to align resources with business needs and enterprise priorities.
Develop and execute category and supplier strategies that optimize expense, improve commercial outcomes, strengthen supplier performance, and support sustainable value creation.
Lead or provide executive oversight for complex, high-risk, or strategically important negotiations, contract dispositions, supplier relationships, and sourcing escalations.
Ensure sourcing and contracting activities follow applicable policies, controls, risk requirements, and regulatory expectations, with timely escalation and remediation of issues.
Establish operating routines with senior Business and Finance leaders to review spend, demand, pipeline, savings, contract expirations, supplier risk, and execution performance.
Deliver executive reporting and data-driven insights on commercial value, sourcing activity, portfolio performance, risks, and opportunities.
Collaborate with Strategic Sourcing, Supplier Management, Legal, Risk, Compliance, Finance, Technology, and other Supply Chain Management teams to resolve complex issues and achieve enterprise objectives.
Manage people and financial resources, balance onshore and offshore delivery, and ensure the organization has the capacity and capabilities to meet portfolio demand.
Build and sustain a high-performing, inclusive team through talent acquisition, coaching, feedback, succession planning, performance management, and leadership development.
Lead change with integrity, sound judgment, accountability, and a focus on customer relationships, risk management, and execution.
Lead strategic planning discussions with line-of-business leaders and guide complex supplier negotiations and escalations.
Drive transformation initiatives within sourcing teams, including process and technology improvements.