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Wells Fargo is seeking a Strategic Vendor Management Lead to serve as a strategic partner between CIB Business Owners and Supply Chain Management (SCM), driving vendor relationship optimization, governance compliance, and timely execution of complex SCM tasks. This role requires executive-level engagement, portfolio oversight, risk management, and commercial acumen to deliver cost efficiencies and process improvements.
Job Responsibility:
Stakeholder Engagement: Act as primary liaison for respective business assigned (Banking, Markets, Commercial and Real Estate, International, and COO)
summarize portfolio performance, influence senior stakeholders and present insights
Spend Analysis: Identify cost-saving opportunities, perform variance analysis, and support budgeting and forecasting cycles
SCM Task Ownership: Oversee completion of Inherent Risk Questionnaires, compliance assessments, and remediation activities
Vendor Portfolio Governance: Lead recurring vendor portfolio reviews
ensure SLA adherence and performance optimization
Risk & Compliance Oversight: Ensure adherence to regulatory standards and contractual compliance
Process Optimization: Drive automation initiatives and leverage procurement tools for efficiency
Requirements:
5+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Strong communication, Executive interaction and presentation skills
Robust experience in Third Party Risk Management
Analytical mindset with experience in SLA governance and vendor management
Ability to synthesize portfolio data into actionable insights
Basic financial acumen for cost analysis and business case development
Advanced stakeholder management and negotiation skills
Familiarity with supply chain management / third party risk frameworks, compliance standards, and procurement tools (Ariba, ProcessUnity)