Head of Strategic Sourcing - Corporate Services

Wells Fargo Bank•Charlotte, NC

2d•Hybrid

About The Position

Wells Fargo is seeking an executive leader to head its Corporate Services Sourcing team. The role oversees a highly complex portfolio supporting the Chief Operating Office, Human Resources, and Public Affairs/Marketing, representing approximately $7 billion in annual spend, 3,700 contracts annually, and 170 spend categories. The leader directs approximately 58 employees across onshore and offshore locations and aligns sourcing strategies and execution with business priorities, commercial value, supplier and operational risk, and stakeholder needs. The Head serves as a visible strategic advisor and senior sourcing partner to business executives and Finance leaders, translating business priorities, demand, and financial objectives into sourcing strategies. The position requires proactive engagement with senior leaders, the ability to anticipate market changes, and leadership that adjusts sourcing approaches to risk and urgency. The role also leads transformation initiatives, including adoption of category management, a new operating model, and AI-enabled and orchestration solutions. The leader governs the sourcing pipeline, category and supplier strategies, negotiations, contract execution, and supplier relationships. They ensure compliance with policies, controls, risk requirements, and regulatory expectations; provide executive reporting and data-driven insights; and collaborate with internal partners across Strategic Sourcing, Supplier Management, Legal, Risk, Compliance, Finance, Technology, and Supply Chain Management. The role manages organizational capacity and resources, develops talent and future leaders, and builds a high-performing, inclusive, accountable team. The 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 work must be performed from an approved location while meeting applicable in-office expectations. Relocation is available. The listed 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, or education.
4+ years of management or leadership experience.
Ability to work from an approved location and meet applicable in-office expectations.
Ability to travel as needed.

Nice To Haves

7+ years of management or leadership experience, including 2+ years managing people leaders.
Experience leading sourcing for multiple complex, high-value spend categories, such as professional services, HR/benefits, marketing, real estate/facilities, or corporate services, in a large, matrixed enterprise.
Extensive experience leading strategic sourcing, procurement, or supply chain organizations supporting multiple enterprise functions or complex lines of business.
Demonstrated success managing a large and diverse spend portfolio, high contract volumes, broad category scope, and geographically distributed teams.
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 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 the ability to translate complex information into concise recommendations and executive-level decisions.
Strong judgment, business acumen, strategic thinking, problem solving, 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.

Responsibilities

Lead multiple teams of Strategic Sourcing professionals responsible for enterprise-wide sourcing strategies, negotiations, and contract execution across the Chief Operating Office, Human Resources, and Public Affairs.
Serve as a strategic advisor and primary senior Sourcing partner to Corporate Services executives, business leaders, and Finance partners.
Oversee a portfolio of approximately $7 billion in annual spend, 3,700 annual contracts, and 170 spend categories.
Prioritize and govern the deal pipeline, expiring contracts, category strategies, and material sourcing initiatives in line with business 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, 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 about 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 issues and achieve enterprise objectives.
Manage allocation of people and financial resources, balance onshore and offshore delivery, and maintain organizational 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 and meet applicable in-office expectations.