Senior Sourcing Manager

Wells Fargo•Charlotte, NC

5d•Hybrid

About The Position

Wells Fargo is seeking a Senior Sourcing Manager to join its Strategic Sourcing team within Supply Chain Management. The role supports the Wells Fargo Technology team with purchases across IT hardware, telecommunications, networking, and AI. It evaluates, negotiates, and manages strategically important supplier relationships, develops enterprise sourcing strategies and companywide programs, and implements cost-saving and business strategies. The position also manages sourcing people and financial resources and develops talent to meet business objectives. The role collaborates with the Head of Technology Strategic Sourcing, peers, colleagues, and external customers to align priorities and establish business objectives. It is based in Charlotte, North Carolina, with a hybrid schedule of three days in the office and two days remote. Travel may be required up to 20% of the time.

Requirements

7+ years of sourcing experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
3+ years of management or leadership experience.

Nice To Haves

10+ years of experience and fundamental understanding of contract law, including drafting, reviewing, and interpreting contracts, with deep technology experience in IT hardware, telecommunications, networking, AI, cloud, and datacenter.
Comprehensive sourcing and contract negotiation experience with technology-category suppliers, such as IT consulting, software, and hosted technology providers.
Ability to project-manage deals and drive results while engaging and working with legal, finance, and stakeholders.
Strong benchmarking and financial analysis capabilities, with experience negotiating contracts and sourcing for a large, complex organization in a highly regulated environment.
Proficiency with web-based contract management, strategic sourcing (RFx), and reverse auction tools such as Ariba.
Experience managing third-party relationships and conducting business reviews.
Ability to lead by coaching, training, and mentoring.
Ability to quickly establish credibility and build and maintain effective working relationships with high ethics and integrity.
Strong time management skills and ability to meet deadlines.
Strong listening skills to distinguish client needs and influence sustainable outcomes.
Strong Excel skills, with emphasis on modeling, and PowerPoint skills, including distilling complex issues for executives.
Excellent business and financial acumen to apply supply chain and operations for cost optimization.
Prior sales and/or consulting experience is a plus.

Responsibilities

Execute enterprise sourcing strategies and supplier capabilities to achieve line-of-business or companywide objectives.
Identify and recommend opportunities for contract negotiations and relationship management with significant or potential business strategy impacts.
Develop and direct processes, strategies, and companywide program recommendations.
Determine strategies to meet deliverables, interpret and develop annual cost-saving programs, and implement business strategies.
Evaluate, negotiate, and manage complex and strategically important supplier and vendor relationships.
Collaborate with the Head of Technology Strategic Sourcing, peers, and colleagues, and interact with external customers to align priorities and establish tactical and strategic objectives.
Support the Wells Fargo Technology team with IT hardware, telecommunications, networking, 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.
Follow applicable risk programs, policies, and procedures; fulfill risk and compliance obligations; and escalate and remediate issues in a timely and effective manner.
Travel up to 20% of the time.