Senior Sourcing Consultant
2 weeks ago
**In this role, you will**:
- Manages spend categories and develops Strategic Sourcing strategies for complex engagements or enterprise-wide initiatives, and leads both supplier selection and contract negotiations for moderate risk and complex products and/or services, and suppliers who have significant strategic business impacts.
- Executes all tasks related to third party contracts to include, negotiating contract terms, coordinating with internal stakeholders on due diligence and financial approvals in a timely manner.
- Works with senior management and key stakeholders across the LOB or enterprise to determine the long-term needs and applicable supply/service strategies, represents and advocates SCM strategies and goals in cross-enterprise initiatives and teams.
- Ensures compliance with legal and regulatory requirements
- Ensures to meet third party risk management program requirements and policy compliance
- Acts as the primary liaison between current assigned and potential suppliers, and LOBs
- Works with business partners to identify and drive Total Cost of Ownership (TCO) process improvements to reduce costs.
**Required Qualifications**
- 5+ years' experience in procurement/supply chain roles, preferably in indirect sourcing
- Comprehensive understanding of contract terms and conditions
- Extensive experience negotiating with third parties and finalizing contracts
- Strong analytical and written communication skills
- Must demonstrate high level of personal motivation
- Strong interpersonal skills, and a broad intellectual capacity.
- Able to prioritize their own workload and organize their time to meet deadlines/commitments
- Proven ability to establish and grow working (customer) relationships
**We Value Diversity**
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
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