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Lead Strategic Sourcing Consultant – Financial Services, Mortgage Services, Technology
Wells Fargo. Lead end-to-end sourcing for complex, high-risk, and business-critical supplier engagements .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in strategic sourcing and supplier management, with a strong focus on contract negotiation, risk mitigation, and compliance with regulatory standards. Proven ability to develop and execute sourcing strategies that align with business priorities and drive value realization.
Highest-signal resume keywords
Strategic SourcingContract NegotiationSupplier ManagementFinancial AcumenProject Management
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
SourcingProcurementContract DraftingPricing AnalysisSpend AnalysisBenchmarkingRisk MitigationNegotiationSupplier EvaluationCategory Management
Soft Skills
CommunicationInfluencingProblem-SolvingOrganizational SkillsAttention to Detail
Tools & Technologies
AribaCompetitive Sourcing Processes
Industry Keywords
Financial ServicesMortgage ServicesRegulatory ComplianceThird-Party Risk StandardsUDAAPRESPAHMDACFL
About the role
Key responsibilities & impact- Lead end-to-end sourcing for complex, high-risk, and business-critical supplier engagements
- Develop and execute sourcing and category management strategies supporting business priorities, cost optimization, supplier performance, risk mitigation, and long-term value
- Lead RFP and other competitive sourcing activities, including requirements development, supplier communications, evaluations, scorecards, negotiations, and award recommendations
- Lead commercial negotiations covering pricing, payment terms, service levels, contract terms, renewals, governance, and operational requirements
- Manage complex contracting efforts involving master agreements, statements of work, amendments, technology schedules, and other supplier agreements
- Partner with Legal, Finance, Risk, Technology, Supplier Management, and business stakeholders on contract requirements, approvals, regulatory requirements, and execution dependencies
- Analyze supplier proposals, spend, pricing models, benchmarks, total cost, and financial impacts to develop negotiation strategies and sourcing recommendations
- Identify and escalate commercial, contractual, operational, financial, supplier, technology, and reputational risks
- Maintain sourcing pipeline, contract, financial-impact, savings, and status information and report to management and stakeholders
- Build relationships with senior business leaders, suppliers, executive leadership, vendors, and cross-functional partners
- Provide sourcing expertise, mentoring, coaching, and practical guidance to less experienced sourcing professionals, Buyers, and business partners
- Manage strategic supplier relationships throughout the contract lifecycle, driving performance, customer satisfaction, service improvements, and value realization
- Resolve supplier disputes and address supplier performance or risk concerns
- Coordinate stakeholder alignment on sourcing strategies, supplier recommendations, contract terms, risk decisions, and implementation plans
- Ensure Home Lending and COO contracts and sourcing activities comply with legal, regulatory, risk, and corporate requirements, including UDAAP, RESPA, HMDA, CFL, third-party risk standards, and Wells Fargo policies
- Complete required due diligence, exception, and approval activities before contract execution
- Incorporate risk and control requirements into supplier agreements and contract-remediation activities, including AI provisions, confidentiality protections, service-level requirements, and business-continuity controls
- Track, communicate, and report sourcing progress, realized value, risk considerations, and implementation readiness
- Educate stakeholders on sourcing, contracting, supplier management, and risk-related policies and processes
- Serve as a trusted advisor on complex sourcing and supplier management decisions, Consumer Lending vendor trends, pricing benchmarks, and AI capability adoption
Requirements
What you’ll need- 5+ years of Sourcing, Procurement experience, or equivalent demonstrated through work experience, training, military experience, or education
- 5+ years of experience drafting, reviewing, interpreting, or negotiating commercial contracts
- Experience leading complex strategic sourcing and supplier negotiations within a large, highly regulated organization
- Experience sourcing customer service/business process outsourcing, financial services, mortgage-related services, technology, or other complex supplier categories
- Strong commercial and financial acumen, including pricing analysis, benchmarking, spend analysis, and cost optimization
- Experience leading competitive sourcing events and managing the sourcing lifecycle from requirements through contract execution
- Strong project-management skills and experience coordinating Legal, Risk, Technology, Finance, and senior business stakeholders
- Proficiency with Ariba, competitive sourcing processes, supplier evaluation, benchmarking, and spend analysis
- Ability to develop sourcing strategies and translate business requirements into effective supplier and negotiation strategies
- Strong written and verbal communication with the ability to influence senior stakeholders and suppliers
- Advanced analytical, problem-solving, time-management, and organizational skills
- Ability to manage multiple complex initiatives while maintaining strong attention to detail
- Ability to travel 5% of the time
- Adherence to in-office attendance expectations
- This position is not eligible for Visa sponsorship
Benefits
Comp & perks- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
- Hybrid work schedule of three (3) days in the office and two (2) days working remotely
- Incentive opportunities may be available