Senior Sourcing Consultant
Full Time
Senior Level
4+ years
Posted 4 weeks ago
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This role involves establishing and improving cost reduction strategies for sourcing and procurement. The consultant will customize legal contract language, lead negotiations, and ensure regulatory compliance while providing guidance to less experienced staff.
Responsibilities
- Establish e-business, procure-to-pay, environmental, and Strategic Sourcing cost reduction strategies
- Customize legal contract language to proactively anticipate technology, market and business issues
- Control all aspects of negotiation and set negotiation strategy
- Support acquisitions including negotiation reassignment on high-risk contracts
- Participate in the review of closing agreements
- Lead projects required to ensure legal and regulatory compliance
- Educate Contract Analysts and business partners on risk issues and handle vendor disputes
- Provide direction and guidance to less experienced staff
- Partner with business units to issue and evaluate Request For Proposals and to ensure successful implementation of agreements
- Act as a focal point for coordinating sourcing efforts across business entities
Requirements
- 4+ years of Sourcing, Procurement experience
Qualifications
- 4+ years of Sourcing, Procurement experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Nice to Have
- Fundamental understanding of contract law, including a minimum of 4 years' experience drafting, reviewing, and interpreting contracts
- Comprehensive sourcing and contract negotiation experience with suppliers in technology or financial services industry related products and services
- Experience negotiating contracts and sourcing for a large complex organization in a 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
Skills
Ariba
*
Beeline
*
* Required skills
Benefits
Life Insurance
Commuter Benefits
Accident insurance
Adoption Reimbursement
Scholarships for dependent children
Paid Time Off
Tuition Reimbursement
Disability benefits
Critical caregiving leave
Parental Leave
Health benefits
401K Plan
Critical illness insurance
Discounts and savings
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.
Finance
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