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Lead Sourcing Consultant

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
India, Bengaluru

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Category:
Consulting

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Contract Type:
Employment contract

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Salary:

Not provided

Job Description:

Wells Fargo is seeking a Lead Sourcing Consultant to handle advanced contract negotiations, supplier management, and compliance initiatives for high-risk business areas. They will focus on cost reductions, e-business strategies, and providing guidance for less experienced staff.

Job Responsibility:

  • 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

Requirements:

10+ years of Sourcing, Procurement experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Additional Information:

Job Posted:
September 04, 2025

Expiration:
September 14, 2025

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:
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