CIB Strategic Vendor Management Lead
Posted 2 months ago Expired
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Upload Your ResumeAbout This Role
This role will serve as a strategic partner between CIB Business Owners and Supply Chain Management, driving vendor relationship optimization, governance compliance, and timely execution of complex SCM tasks. It involves executive-level engagement, portfolio oversight, risk management, and commercial acumen to deliver cost efficiencies and process improvements.
Responsibilities
- Act as primary liaison for respective business assigned (Banking, Markets, Commercial and Real Estate, International, and COO); summarize portfolio performance, influence senior stakeholders and present insights
- Identify cost-saving opportunities, perform variance analysis, and support budgeting and forecasting cycles
- Oversee completion of Inherent Risk Questionnaires, compliance assessments, and remediation activities
- Lead recurring vendor portfolio reviews; ensure SLA adherence and performance optimization
- Ensure adherence to regulatory standards and contractual compliance
- Drive automation initiatives and leverage procurement tools for efficiency
Requirements
- 5+ years of Business Execution, Implementation, or Strategic Planning experience
Qualifications
- 5+ years of Business Execution, Implementation, or Strategic Planning experience
Nice to Have
- Strong communication, Executive interaction and presentation skills
- Robust experience in Third Party Risk Management
- Analytical mindset with experience in SLA governance and vendor management
- Ability to synthesize portfolio data into actionable insights
- Basic financial acumen for cost analysis and business case development
- Advanced stakeholder management and negotiation skills
- Familiarity with supply chain management / third party risk frameworks, compliance standards, and procurement tools (Ariba, ProcessUnity)
Skills
* Required skills
About Wells Fargo
Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services to over 12,000 clients around the world, including over 90% of the S&P 500.