Strategic Sourcing Manager 3 - Construction

Wells Fargo Charlotte , NC 28201

Posted 2 months ago

Job Description:

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Supply Chain Management aligns with business leaders across the enterprise to deliver the 'right' supply solutions, reduce expense, and manage third party risk. Our global team specializes in strategic sourcing, contract negotiation, procure-to-pay, supplier diversity, and third party risk management. We also connect with our communities through supplier diversity outreach and by embedding socially responsible strategies into our sourcing processes.

Strategic Sourcing is an organization of Strategic Sourcing Professionals that work with and throughout the Enterprise to execute enterprise sourcing strategies, negotiate third party service provider (TPSP) contracts, mitigate TPSP contractual risks, reduce TPSP expenses, and provide TPSP market insight to ensure best in class sourcing practices.

The Position:

The Construction Strategic Sourcing Manager will be responsible for leading a team of Strategic Sourcing professionals to align & execute enterprise sourcing strategies and supplier capabilities for commodities and spend categories to achieve enterprise-wide business objectives. This position will support the Wells Fargo Corporate Properties Group (CPG).

  • Develops a strong working relationship various LOB customers, suppliers and internal departments and obtains a thorough functional knowledge of the organization, performance measures and information flows to help optimize engineering/construction business objectives.

  • Collaborates with Group Executives within CPG and the Enterprise to create and align business priorities and establish strategic business objectives.

  • Directly involved in the engineering and construction contract negotiations/relationship management of high complexity, high risk contracts with significant (potential) business strategy impacts.

The ideal candidate will maintain and foster Wells Fargo's focus to create a sustainable and strategic partnership with CPG, support outsourcing efforts, and align processes with the greater strategic sourcing organization. The area of responsibility has spend categories and large line of business deals exceeding $3B in annual expenditures.

Additionally, this role will:

  • Manage a team of category experts that has responsibility for enterprise-wide supplier initiatives and line of business specific negotiations in support of CPG enterprise goals.

  • Develops and manages supply chain/strategic sourcing and enterprise procure-to-pay strategies and solutions to deliver and sustain substantial enterprise expense reductions, efficient procurement processes and actionable data and reporting.

  • Develops annual cost savings programs and is accountable for developing and implementing business strategies that directly affect company financial results.

  • Collaborates with senior executives to align business priorities and establish strategic business objectives.

  • Directly involved in contract negotiations/relationship management of high complexity, high risk contracts with significant (potential) business strategy impacts.

  • Supports acquisition-related activities including high risk contract and negotiation reassignments, due diligence, contracts dispositions and strategic sourcing issue resolution.

  • Evaluates, negotiates and manages the most complex or strategically important supplier and vendor relationships to ensure all align with enterprise objectives.

  • Develops and directs processes, strategy and/or enterprise program recommendations.

  • Lead acquisition-related activities including high risk contract and negotiation reassignments, due diligence, contracts dispositions, and strategic sourcing issue resolution with the primary focus on construction and engineering engagements.

  • Accountable for governance and control programs to ensure business continuity, protect company assets, and ensure compliance with corporate and regulatory policies.

  • Proactively maintain current understanding of various industry and supply chain management best practices in the construction and engineering sector, and their commodity/spend category benchmarks.

As an Employee Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:

  • Lead your team with integrity and create an environment where your employees feel included, valued, and supported to do work that energizes them.

  • Accomplish management responsibilities which include sourcing and hiring talented employees, providing ongoing coaching and feedback, recognizing and developing employees, identifying and managing risks, and completing daily management tasks.

Required Qualifications

  • 8+ years of experience in direct sourcing, contract management, or a combination of both
  • 4+ years of management experience
  • 4+ years of experience sourcing large complex architectural, engineering, and construction projects

Desired Qualifications

  • Extensive knowledge and understanding of contract negotiation

  • Extensive knowledge and understanding of sourcing methodology

  • Contract negotiation and pricing experience

  • Ability to develop and execute sourcing strategies

  • Financial services industry experience

  • Excellent communication skills and ability to articulate complex material to a diverse audience

  • Ability to drive and lead organizational change in a dynamic environment

  • Strong collaboration and partnering skills

  • Strong time management skills and ability to meet deadlines

  • Ability to take initiative, identify opportunities and implement change

  • Virtual leadership experience with ability to effectively drive results, provide feedback/direction, and manage and build relationships with leaders and team members in a geographically dispersed team environment

Other Desired Qualifications

  • Proven experience collaborating with Supply Chain leaders in industry with a focus on Construction and Engineering.

  • Proven ability to partner with key senior leaders in order to drive change and accountability across an organization

  • High degree of initiative and strong ability to meet key responsibilities with limited direction and oversight

  • Matrix management skills with experience communicating and presenting complex information to multiple levels of the organization

Job Expectations

  • Ability to travel up to 10% of the time

Street Address

IA-West Des Moines: 7001 Westown Pkwy

  • West Des Moines, IA

AZ-Chandler: 2600 S Price Rd

  • Chandler, AZ

MN-Minneapolis: 550 South 4th St

  • Minneapolis, MN

NC-Charlotte: 11625 N Community House Road

  • Charlotte, NC

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits Summary

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.

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Strategic Sourcing Manager 3 - Construction

Wells Fargo