Sourcing Consultant

\ ight and responsibilities of each party to the contract ·       Ensures compliance with legal and regulatory requirements such as data protection including customer supervisory information (CSI), Gramm-Leach-Bliley Act (GLBA) to protect customer personal information, etc. ·       Conduct Quality Check on transactional documents About this role: Wells Fargo is seeking a Sourcing Consultant   In this role, you will: ·        Develop Sourcing strategies and contract negotiations ·        Review and analyze contract data, business goals and market conditions to identify cost saving opportunities ·        Customize contract risk terms and draft non standard contract terms and conditions to address business and risk concerns ·        Develop supplier strategy ·        Achieve performance measures while developing expertise in policies, procedures and compliance requirements ·        Collaborate and consult with peers, colleagues and mid level managers to ensure appropriate language is used to achieve final lease documents ·        Lead projects, teams or serve as a mentor ·        Research and respond to internal or external inquiries Required Qualifications: ·        2+ years of Sourcing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: ·        Experience of Supply Chain Management. ·        Exposure to IT and Telecom category. ·        Knowledge of contract drafting and negotiating vendor legal terms and conditions ·        Strong Experience in negotiation of commercial terms. ·        Cross-category experience is preferred. ·        Ability to structure and communicate decisions to senior management. ·        Strong Communication and Interpersonal skills. ·        Excellent networking and negotiation skills Job Expectations: ·        Develops Strategic Sourcing strategies and lead contract negotiations for medium to high risk products / services. ·        Experience on multiple categories preferably IT & Telecom. ·        Well versed with contract principles and drafts non-standard contract terms and conditions ·        Review, draft and negotiate Master Agreements, Statement of Works, Change Orders, Amendments and similar contracts ·        Research vendor contracts to identify existing relationships, rights, risks and obligations ·        Proactively identifies and analyzes cost savings opportunities. ·        Support RFx activities including selection criteria ·        Identifies and escalates risk-related issues and identifies alternative options/solutions. ·        Partner with business groups to issue/evaluate RFx opportunities and conduct reverse auctions. ·        Establishes supplier evaluation/selection criteria and coordinates supplier due diligence activities. ·        Maintains current status and engagement information related to active engagements in Strategic Sourcing systems. ·        Ensures meeting all internal policies pertaining to contracts ·        Ensure contracts clearly specify the right and responsibilities of each party to the contract ·        Ensures compliance with legal and regulatory requirements such as data protection including customer supervisory information (CSI), Gramm-Leach-Bliley Act (GLBA) to protect customer personal information, etc. ·        Conduct Quality Check on transactional documents Posting End Date:   10 Sep 2026 *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,