Senior Sourcing Consultant

Wells Fargo & Co

Charlotte, NC

JOB DETAILS
SKILLS
Analysis Skills, Banking Services, Business Support, Candidate Sourcing, Commercial Banking, Consulting, Contract Management, Contract Negotiation, Corporate Banking, Cost Control, Financial Services, Investment Management, Investment Services, Legal, Maintain Compliance, Negotiation Skills, Performance Management, Pricing, Procurement Management, Professional Services, Purchasing/Procurement, Regulatory Compliance, Requirements Management, Risk, Risk Management, Sourcing Strategy, Strategic Planning, Supplier Relationship Management (SRM), Vendor/Supplier Evaluation, Vendor/Supplier Management, Vendor/Supplier Relations, Wealth Management, Wholesale Industry
LOCATION
Charlotte, NC
POSTED
6 days ago

Title: Senior Sourcing Consultant - Wholesale & International Sourcing

Location: 11625 N Community House Rd Charlotte, NC

Duration: 12 months

Work Engagement: W2

Work Schedule: 3 days in office/2 days remote

Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits

Summary:

The Wholesale & International Sourcing team supports key business groups across Investment Banking, Wealth & Investment Management, Commercial Banking, and Market Data functions. The team is responsible for negotiating complex supplier agreements, mitigating risk, driving cost savings, and delivering strategic sourcing solutions that align with business objectives.

This role is being added to support strategic initiatives and enhance the team's ability to execute on critical sourcing objectives across multiple lines of business.

In this contingent resource assignment, you will consult on and participate in moderately complex sourcing initiatives and deliverables while supporting large-scale sourcing and procurement efforts. You will work closely with business partners, legal, risk, and supplier stakeholders to negotiate contracts, manage vendor relationships, mitigate risk, and optimize costs.

The ideal candidate brings strong indirect sourcing experience within the financial services sector and has a proven track record negotiating technology, services, and market data agreements.

Responsibilities:

  • Lead and support moderately complex sourcing initiatives and procurement activities.

  • Negotiate supplier agreements, contract terms, pricing, and commercial arrangements.

  • Review and analyze sourcing challenges requiring evaluation of multiple variables and business considerations.

  • Identify opportunities to reduce costs, improve supplier performance, and mitigate contractual risk.

  • Collaborate with internal stakeholders to deliver sourcing solutions aligned with business objectives.

  • Contribute to resolution of sourcing-related issues while ensuring compliance with organizational policies and procedures.

  • Partner with legal, risk, finance, and business teams throughout the sourcing lifecycle.

  • Support sourcing activities across Corporate & Investment Banking (CIB), Wealth & Investment Management (WIM), and Commercial Banking organizations.

Qualifications:

  • Applicants must be authorized to work for ANY employer in the U.S. This position is not eligible for visa sponsorship.

  • Indirect sourcing experience within the financial services industry.

  • Proven experience negotiating:

  • SaaS agreements

  • On-premise software contracts

  • Professional and managed services agreements

  • Market data contracts

  • Broker services agreements

  • Strong contract negotiation, supplier management, and stakeholder management skills.

  • Ability to analyze complex sourcing requirements and develop strategic recommendations.

  • Experience working within highly regulated environments.

  • Ability to review and analyze moderately complex sourcing challenges and develop effective solutions.

  • Experience collaborating with business partners and stakeholders to deliver sourcing objectives while adhering to policies, procedures, and compliance requirements.

  • Experience supporting one or more of the following: (preferred)

  • Investment Banking

  • Wealth Management

  • Commercial/Wholesale Banking

  • Market Data organizations

  • Fortune 100 sourcing experience, preferably within banking or financial services. (preferred)

  • Experience negotiating high-value technology, software, and business services agreements. (preferred)

  • Strong understanding of procurement risk management, governance, and supplier relationship management. (preferred)

About the Company

W

Wells Fargo & Co

We believe in our vision and values just as strongly today as we did the first time we put them on paper more than 20 years ago. Staying true to them will guide us toward continued growth and success for decades to come. As you read more about our vision and values, you will learn about who we are, where we’re headed and how every Wells Fargo team member can help us get there.

COMPANY SIZE
10,000 employees or more
INDUSTRY
Financial Services
FOUNDED
1852