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About this role:
Wells Fargo is seeking a Vendor Strategy Lead who has experience in developing and implementing outsourcing strategy. This leader will operate in a cross functional environment to identify and implement outsourcing opportunities and achieve business outcomes around cost optimization, elevated vendor performance at reduced risk.
In this role, you will:

• Act as an advisor to leadership around optimizing business performance through optimal leverage of vendors
• Contribute towards the development of Make vs Buy strategy aligned with business priorities
• Work closely with business teams, supply chain, risk and technology teams to strategize set up new vendor engagements or optimize existing vendor contracts to deliver increased value based on cost-benefit analysis
• Qualify new opportunities for outsourcing or vendor consolidation, and work with cross functional teams to achieve buy-in and plan transitions to vendors
• Develop or influence highly complex business and technical needs across groups and functions
• Lead the strategy and resolution of highly complex and unique challenges
• Deliver solutions that are long-term, large-scale, and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others
• Partner with executive management across Wells Fargo to define the business strategy then create and execute corresponding business plans and initiative
• Consult with HR function leaders to identify outsourcing opportunities that can help deliver high quality services through vendors in a cost efficient manner
• Engage with functional leaders and supply chain to identify best-fit vendors for specific needs and set up appropriate governing SLAs to ensure that all new vendor engagements are set up for success
• Analyze financial data to generate insights and recommend strategies to drive efficiencies through vendor transformation
• Help achieve efficiencies of scale and work collaboratively with other HR teams to identify cost savings opportunities within the current vendor landscape
• Set a high bar for performance management, governance and smooth functioning of business through a cadence of business reviews and involvement of LOB leaders
• Evaluate and approve process of identified opportunities
• Collaborate strategically and consult with all levels to resolve issues and achieve goals
• Partner with executive management across Wells Fargo to define the business strategy and create then execute corresponding business plans and initiative
• Communicative strategy and related business plans to management

Required Qualifications:

• 5 years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience developing partnerships and collaborating with other business and functional areas within all levels of organization
• Build strategy and plans relating to vendor management
• Strategy experience on a global and enterprise level related to Outsourcing
• Off shoring strategy experience
• Experience engaging in data analysis, reporting and analytics using Tableau, Power BI, Excel, SQL or Macros
• Ability to develop and present to an executive audience PowerPoint presentations
• Experience developing partnerships, collaborating, and influencing across various partner groups, lines of business, and/or centers of excellence and ability to work effectively in a team environment
• Experience with large scale initiatives
• Ability to think strategically, offer creative solutions, and challenge the status quo
• Ability to understand and articulate complex concepts in a clear manner
• Ability to deliver consistently in a fast-paced and results-driven environment

Job Expectations:
Ability to travel up to 5% of the time
Position Location Options:
Charlotte, North Carolina (NC) - 8740 Research Drive
Charlotte, North Carolina (NC) - 1525 West WT Harris Blvd.
Charlotte, North Carolina (NC) - 401 S. Tryon Street
Minneapolis, Minnesota (MN) - 550 S. 4th Street
West Des Moines, Iowa (IA) - 800 S. Jordan Creek Parkway
San Antonio, Texas (TX) - 4101 Wiseman Blvd., Bldg. 308
Dallas, Texas (TX) - 1445 Ross Avenue
Phoenix, Arizona (AZ) - 2222 W. Rose Garden Lane
Must be based in one of the above locations or willing to relocate at your own expense.
Relocation assistance is not available for this position.
This position currently offers a hybrid work schedule.
This position is not eligible for Visa sponsorship.
Posting End Date:
13 May 2024
*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: 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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.