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The Lead Sourcing Consultant will manage high-risk contract negotiations and supplier relationships to drive cost reduction and business impact. They will also lead sourcing projects, ensure regulatory compliance, and provide guidance to less experienced staff.
Candidates must have at least 5 years of experience in sourcing or procurement with a strong background in contract law and negotiation. Proficiency in managing complex supplier categories such as technology, financial services, and market data is required.
Wells Fargo is seeking a Lead Sourcing Consultant to join our Wholesale Sourcing Team; supporting Corporate Investment Banking, Wealth Mgmt. and Commercial teams.
In this role, you will:
Lead contract negotiations and manage supplier relationships of high risk or complexity with significant impact to the business strategy
Manage suppliers and relationships from a life-cycle perspective with a focus on reducing cost or spend, increasing customer satisfaction, and maximizing business impact
Establish e-business, procure-to-pay, environmental, and Strategic Sourcing cost reduction strategies to continually improve category effectiveness and efficiencies
Customize legal contract language to proactively anticipate technology, market and business issues
Control all aspects of negotiation and set negotiation strategy
Support acquisitions including negotiation reassignment on high-risk contracts
Participate in the review of closing agreements
Lead projects required to ensure legal and regulatory compliance, as well as educate and act as a resource for Contract Analysts with regard to such issues
Educate Contract Analysts and business partners on risk issues and handle vendor disputes
Provide direction and guidance to less experienced staff
Partner with business units to issue and evaluate Request For Proposals and to ensure successful implementation of agreements
Partner with business units to ensure standard contracts include corporate requirements
Establish and maintain a good rapport with executive management, vendors, and third-party lessors or manufacturers to optimize negotiation, savings and service improvements and problem resolution
Act as a focal point for coordinating sourcing efforts across business entities
Required Qualifications:
5+ years of Sourcing, Procurement experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Extensive experience negotiating and managing SaaS, trading services, wealth management platforms and/or market data providers, rationalizing utilization and developing sourcing strategies
Experience negotiating contracts in support of Capital Markets, Investment Banks, Asset Management or Retail Brokerage.
Experience negotiating market data, broker/dealer agreements and other trading-related products and services.
Fundamental understanding of contract law, including a minimum of 3 years’ experience drafting, reviewing, and interpreting contracts.
Comprehensive sourcing and contract negotiation experience with suppliers in one or more of the following categories: professional services, technology (e.g. IT consulting and hardware/software/SaaS), financial services industry related products and services.
Experience negotiating contracts and sourcing for a large complex organization in highly regulated environment.
Ability to project manage deals, including legal, financial and stakeholder reviews.
Strong benchmarking and analysis capabilities.
Ability to quickly establish credibility to build and maintain effective working relationships
Strong customer relationship management skills
Strong analytical skills and high attention to detail
Ability to travel 5% of the time
This position offers a hybrid work schedule
Adherence to in-office attendance expectations
This position is not eligible for Visa sponsorship
Locations: Only posted locations being considered
11625 N Community House Rd., Charlotte, NC
1525 W W T Harris Blvd, Charlotte, NC
401 S. Tryon St., Charlotte, NC
Posting End Date:
14 Sep 2026*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. Relevant military experience is considered for veterans and transitioning service men and women. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.© 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.
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