Wells Fargo is seeking a Senior Sourcing Consultant who will be responsible for managing spend categories, developing strategic sourcing strategies, and leading both supplier selection and contract negotiations for products and/or services, that have strategic business impacts. **In this role, you will:** + Be accountable for delivering category expense savings/avoidances, and drafting customized contract terms to proactively address business requirements and risk concerns + Proactively identify and escalate contract risk-related issues, and identify and create alternative contract language to mitigate risks (financial, operational, and reputational) when negotiating Master Agreements, Transaction Documents (e.g. Statements of Work or Schedules), Amendments and other contractual documents + Work with key stakeholders (senior leaders) across the LOB or enterprise to determine the long-term needs and applicable supply/service strategies + Work with business partners to identify and drive Total Cost of Ownership (TCO) process improvements to reduce costs + Support initiatives specific to e-business (procure-to-pay), supplier diversity, and sustainability in an effort to continually improve category effectiveness and efficiencies **Required Qualifications:** + 4+ years of Sourcing, Procurement experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education **Desired Qualifications:** + Fundamental understanding of contract law, including a minimum of 3 years’ experience drafting, reviewing, and interpreting contracts + Comprehensive sourcing and contract negotiation experience with suppliers in one or more of the following categories: professional services, banking operations or technology (e.g. IT consulting and hardware/software/SaaS), financial services industry related products and services + Experience negotiating contracts and sourcing for a large complex organization in highly regulated environment + Ability to project manage deals, including legal, financial and stakeholder reviews + Strong benchmarking and analysis capabilities + Proficiency with leading web-based contract management, strategic sourcing (RFx) and reverse auction tools (ex: Beeline and Ariba) + Ability to quickly establish credibility to build and maintain effective working relationships + Strong time management skills and ability to meet deadlines + Strong analytical skills and high attention to detail **Job Expectations:** + Ability to travel up to 10% of the time + This position offers a hybrid work schedule + Candidate must reside within a reasonable commute to a location listed in the posting **Locations:** *Must be able to sit in one of the listed locations + Charlotte, North Carolina (11625 N Community House Rd.) + Chandler, Arizona (Chandler Campus - 2600 S. Price Rd.) + Minneapolis, Minnesota (550 Wells Fargo - 550 S. 4th St.) + West Des Moines, Iowa (West Des Moines Campus - 800 S. Jordan Creek Pkwy.) **Base Compensation Range:** $87,000 - $140,000 USD Annual Eligible for discretionary annual bonus. **Pay Range** Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $87,000.00 - $154,000.00 **Benefits** Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees. + 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 **Posting End Date:** 11 Aug 2025 ***** **_Job posting may come down early due to volume of applicants._** **We Value Equal Opportunity** Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements. **Applicants with Disabilities** To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) . **Drug and Alcohol Policy** Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more. **Wells Fargo Recruitment and Hiring Requirements:** a. Third-Party recordings are prohibited unless authorized by Wells Fargo. b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process. **Req Number:** R-475684