Sourcing Director

Wells Fargo & Company•Charlotte, NC

1d•$185,000 - $300,000•Onsite

About The Position

Wells Fargo is seeking a Sourcing Director to lead the Professional Services Sourcing Team and manage a spend of $3.0B annually with close to 1800+ contracts. The professional services categories managed by this team have expanded with the new Operating Model to include: Consulting & Advisory Services, Audit, Finance & Accounting Services, Tax Services, Legal Services, ITO and BPO Outsourcing Services, Staff Augmentation, and System Integration. This leader is expected to be a thought leader on sourcing of labor across the enterprise. This leader will be expected to independently lead strategic planning discussions with LOB leaders, and to guide them in the most complex and important supplier negotiations and escalations. This leader must achieve a “seat at the table” with LOB leadership to have line of sight of their budget and functional priorities.

Requirements

10+ years of Sourcing experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
4+ years of management or leadership experience

Responsibilities

Lead multiple teams of Strategic Sourcing professionals to execute sourcing strategies for highly complex line of business specific negotiations to achieve companywide business objectives
Evaluate, negotiate, and manage the most complex or strategically important supplier and vendor relationships to ensure all align with companywide objectives
Identify and recommend opportunities for contract negotiations and relationship management
Develop and direct processes, strategy and program recommendations
Obtain a thorough functional knowledge of performance measures and information flows
Lead the team to make strategic decisions, work high risk contract negotiations, contract dispositions and strategic sourcing issue resolution
Interpret and develop a range of policies and procedures for annual cost saving programs
Manage a team of category experts that have responsibility for companywide supplier initiatives and line of business specific negotiations
Evaluate, negotiate and manage the most complex or strategically important supplier and vendor relationships to ensure all align with companywide objectives
Collaborate with and influence all levels of Sourcing professionals to align business priorities and establish strategic business objectives
Develop a solid working relationship with assigned line of business customers, suppliers and internal departments
Manage allocation of people and financial resources for Sourcing
Develop and guide a culture of talent development to meet business objectives and strategy