Head of Strategic Sourcing Corporate Services

Wells Fargo is seeking a Head of Strategic Sourcing to lead the Corporate Services Sourcing team. This executive leadership role is accountable for a highly complex portfolio supporting the Chief Operating Office Human Resources and Public Affairs/Marketing representing approximately $7 billion in annual spend 3700 contracts each year and 170 spend categories.

The leader will direct a geographically distributed team of approximately 58 employees across onshore and offshore locations. The role is responsible for aligning sourcing strategies and execution with business priorities delivering commercial value managing supplier and operational risk and strengthening the partnership between Strategic Sourcing Business Teams Finance and other key stakeholders.

The Head of Corporate Services Strategic Sourcing must be a proactive visible strategic advisor to the most senior line of business executives. This leader must have the gravitas and deep business acumen required to be valued as a trusted advisor to the COO HR Public Affairs/Marketing business executives. She/he must anticipate market changes and must act with a sense of urgency. This leader must direct the operations of the corporate services sourcing team to be responsive and adjust approaches to be right-sized based on risk & urgency. This leader must achieve a seat at the table with LOB leadership to have line of sight of their budget and functional priorities.

Strategic Sourcing has recently launched a robust new capability around category management along with a new operating model. We are also leveraging several AI-enabled and orchestration solutions to streamline and enhance our sourcing processes. Successful candidates will demonstrate their ability to successfully drive transformation initiatives within their sourcing teams.

• Lead multiple teams of Strategic Sourcing professionals responsible for highly complex enterprise-wide sourcing strategies negotiations and contract execution across the Chief Operating Office Human Resources and Public Affairs.

• Serve as a strategic advisor and primary senior Sourcing partner to Corporate Services executives Business leaders and Finance partners by translating business priorities demand and financial objectives into actionable sourcing strategies.

• Provide strategic oversight for a portfolio of approximately $7 billion in annual spend 3700 annual contracts and 170 spend categories.

• Prioritize and govern the deal pipeline expiring contracts category strategies and material sourcing initiatives to align resources with business needs and enterprise priorities.

• Develop and execute category and supplier strategies that optimize expense improve commercial outcomes strengthen supplier performance and support sustainable value creation.

• Lead or provide executive oversight for the most complex high-risk or strategically important negotiations contract dispositions supplier relationships and sourcing escalations.

• Ensure sourcing and contracting activities follow applicable policies controls risk requirements and regulatory expectations with timely escalation and remediation of issues.

• Establish strong operating routines with senior Business and Finance leaders to review spend demand pipeline savings contract expirations supplier risk and execution performance.

• Deliver clear executive reporting and data-driven insights regarding commercial value sourcing activity portfolio performance risks and opportunities.

• Collaborate across Strategic Sourcing Supplier Management Legal Risk Compliance Finance Technology and other Supply Chain Management teams to resolve complex issues and achieve enterprise objectives.

• Manage the allocation of people and financial resources balance onshore and offshore delivery and ensure the organization has the capacity and capabilities required to meet portfolio demand.

• Build and sustain a high-performing inclusive team through talent acquisition coaching feedback succession planning performance management and leadership development.

• Lead change with integrity sound judgment accountability and a strong focus on customer relationships risk management and execution.

• 10 years of Sourcing experience or equivalent experience demonstrated through one or a combination of the following: work experience training military experience or education.

• 4 years of management or leadership experience

• 7 years of management or leadership experience including 2 years managing people leaders.

• Experience leading sourcing for multiple complex high-value spend categories (for example professional services HR/benefits marketing real estate/facilities or corporate services) in a large matrixed enterprise.

• Extensive experience leading strategic sourcing procurement or supply chain organizations supporting multiple enterprise functions or complex lines of business.

• Demonstrated success managing a large and diverse spend portfolio high contract volumes broad category scope and geographically distributed teams.

• Experience developing and executing enterprise category strategies demand management approaches supplier strategies and annual commercial value or cost savings programs.

• Proven ability to lead complex negotiations and structure agreements with large strategic or global suppliers.

• Strong knowledge of third-party risk contracting controls supplier governance and sourcing practices in a highly regulated environment; financial services experience preferred.

• Executive-level relationship management skills including the ability to advise influence challenge and build alignment with senior business and Finance leaders.

• Ability to connect business strategy spend analytics market intelligence supplier capabilities and risk considerations to sourcing priorities and decisions.

• Demonstrated ability to lead organizational change improve operating models and use process and technology improvements (including Artificial Intelligence) to increase efficiency and effectiveness.

• Excellent communication and presentation skills including the ability to translate complex information into concise recommendations and executive-level decisions.

• Strong judgment business acumen strategic thinking problem solving and ability to operate with a high degree of autonomy in a dynamic environment.

• Experience developing leaders building organizational capability and fostering an inclusive and accountable team culture.

• Virtual leadership experience with the ability to drive results and build relationships across onshore and offshore teams.

• Travel as needed.

• Ability to work from an approved location and meet applicable in-office expectations.

• Hybrid Schedule - 3 days in the office 2 remote

• Charlotte NC

• Relocation available

Pay Range

Posting End Date:

*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 units risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process visitDisability Inclusion at Wells Fargo.

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