Strategic Sourcing Consultant

Strategic Sourcing Consultant

Wells Fargo
8-11 years
Not Specified

Job Description

Job Description :
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
About Wells Fargo India
enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.
Department Overview
The Supply Chain Management team is within Corporate Services department and is primarily responsible for contract negotiation and procurement of goods and services
About the Role
You will work as part of the Sourcing team supporting negotiation and review of contracts and other legal documents. You will interact with multiples lines of business.
. Develops Strategic Sourcing strategies and lead contract negotiations for medium to high risk products / services.
. Experience on multiple categories preferably IT & Telecom.
. Well versed with contract principles and drafts non-standard contract terms and conditions
. Review, draft and negotiate Master Agreements, Statement of Works, Change Orders, Amendments and similar contracts
.Research vendor contracts to identify existing relationships, rights, risks and obligations
. Proactively identifies and analyzes cost savings opportunities.
. Support RFx activities including selection criteria
. Identifies and escalates risk-related issues and identifies alternative options/solutions.
. Partner with business groups to issue/evaluate RFx opportunities and conduct reverse auctions.
. Establishes supplier evaluation/selection criteria and coordinates supplier due diligence activities.
. Maintains current status and engagement information related to active engagements in Strategic Sourcing systems.
. Ensures meeting all internal policies pertaining to contracts
. Ensure contracts clearly specify the right and responsibilities of each party to the contract
. Ensures compliance with legal and regulatory requirements such as data protection including customer supervisory information (CSI), Gramm-Leach-Bliley Act (GLBA) to protect customer personal information, etc.
. Conduct Quality Check on transactional documents
Market Skills and Certifications
Essential Qualifications

. Experience of more than 8+ years in Supply Chain Management.
. Exposure to IT and Telecom related contracts.
. Knowledge of contract drafting and negotiating vendor legal terms and conditions
. Strong Experience in negotiation of commercial terms.
. Cross-category experience is preferred.
Desired Skills
Ability to structure and communicate decisions to senior management.
Strong Communication and Interpersonal skills.
Excellent networking and negotiation skills
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. 70215

Job Details

Employment Types:



About Wells Fargo

Job Source :

Similar Jobs

People Also Considered

Data Not Available

Career Advice to Find Better

Simple body text this will replace with orginal content