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Strategic Sourcing Consultant 2

Minneapolis, MN

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It starts with you.* Our goal is to attract, develop, retain and motivate the most talented people - those who care and who work together as partners across business units and functions. We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.
At **MEMBERS ONLY**SIGN UP NOW***., we invest in our people. Our diverse lines of business offer unique opportunities to expand your knowledge and advance your career.
This position is within the Strategic Sourcing Group within the Supply Chain Management organization supporting various lines of business within **MEMBERS ONLY**SIGN UP NOW***.’s Wholesale Division (includes various corporate capital markets, corporate financing and corporate lending related business). No financial support for relocation.
Manages spend categories and develops supply chain strategies for medium to high risk and regulated, products, services, and suppliers who have strategic business impacts.
Leads strategic sourcing and contracting activities in support of the various businesses within **MEMBERS ONLY**SIGN UP NOW***.’s Wholesale Division
Provides oversight to the contractual relationships of key vendors.
Evaluates company purchasing patterns and forecasts trends.
Reviews and approves benchmark standards and conduct gap analysis with best practices.
Works with management and key stakeholders across the various lines of business within Wholesale the Enterprise (when applicable) to determine the long-term needs and applicable supply and service strategies.
Leads structured analysis of supplier industry, economics, and market conditions.
Identify and pre-qualify supply alternatives.
Partners with business groups to coordinate, run, issue, and evaluate sourcing events (RFPs, RFQs, reverse auctions, etc.).
In collaboration with business stakeholders, determines negotiation strategy and controls all aspects of sourcing and contracts negotiations.
Customizes legal language and drafts non-standard contract terms and conditions.
Ensures compliance with legal and regulatory requirements.
Establishes e supply chain cost reduction strategies to continually improve category effectiveness and efficiencies.
Acts as the primary liaison for current and potential suppliers; resolves systemic/recurring supplier/customer issues.
Proactively identifies and escalates risk-related issues and presents resolution options.
Accountable cost saving and avoidance targets for multiple categories and supplier performance measurements.
Develops & delivers management reporting.
Travel as necessary.
(NYSE: WFC) is a diversified, community-based financial services company. Founded in 1852 and headquartered in San Francisco, **MEMBERS ONLY**SIGN UP NOW***. provides banking, insurance, investments, mortgage, and consumer and commercial finance through our many locations, ATMs, the internet ( and mobile banking. To learn more, **MEMBERS ONLY**SIGN UP NOW***. perspectives are also available at
Required Qualifications:
5 years of experience in one or a combination of the following: sourcing, technical sales, consulting, or vendor management
Desired Qualifications:
Financial services industry experience
Superior project management skills including the ability to handle multiple projects concurrently
Ability to work effectively, as well as independently, in a team environment
Excellent verbal, written, and interpersonal communication skills
Strong attention to detail and accuracy skills
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
How to Express Interest in This Job: **MEMBERS ONLY**SIGN UP NOW***. invites you to apply for this job at ****NW/HRMS/c/HRS
All offers for employment with **MEMBERS ONLY**SIGN UP NOW***. are contingent upon the candidate having successfully completed a criminal background check. **MEMBERS ONLY**SIGN UP NOW***. will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
**MEMBERS ONLY**SIGN UP NOW***. is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Relevant military experience is considered for veterans and transitioning service men and women.
**MEMBERS ONLY**SIGN UP NOW***. is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

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