Head of Professional Services Strategic Sourcing

Wells Fargo Bank•Charlotte, NC

3d•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 and more than 1,800 contracts. The portfolio includes Consulting & Advisory Services, Audit, Finance & Accounting Services, Tax Services, Legal Services, ITO and BPO Outsourcing Services, Staff Augmentation, and System Integration. The leader will direct a geographically distributed team of approximately 20 employees across onshore and offshore locations. The role 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 leader will advise business executives, lead strategic planning discussions with line-of-business leaders, and guide complex supplier negotiations and escalations. The role also calls for anticipating market changes, building strong relationships with business leadership, and driving transformation initiatives, including the use of AI-enabled and orchestration solutions to improve sourcing processes. This position is based in Charlotte, North Carolina, with a hybrid schedule of three days in the office and two remote. Travel is required as needed, and relocation is available. The posted base pay range is $185,000 to $300,000; employees may also be eligible for incentive opportunities.

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.

Nice To Haves

7+ years of management or leadership experience, including 2+ years managing people leaders.
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; financial services experience is preferred.
Executive-level relationship management skills, including the ability to advise, influence, challenge, and build 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, and ability to operate with a high degree of autonomy 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.

Responsibilities

Lead Strategic Sourcing professionals executing sourcing strategies for highly 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 company objectives.
Prioritize and govern the deal pipeline, expiring contracts, category strategies, and material sourcing initiatives, aligning resources with business needs and enterprise priorities.
Develop and execute category and supplier strategies to optimize expense, improve commercial outcomes, strengthen supplier performance, and create sustainable value.
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 comply with applicable policies, controls, risk requirements, and regulatory expectations; escalate and remediate issues in a timely manner.
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 meet 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.
Travel as needed.