What are the responsibilities and job description for the Strategic Sourcing Consultant position at wellsfargo?
Title: Strategic Sourcing Consultant
Location: 11625 N Community House Rd Charlotte, NC
Duration: 6 months
Work Engagement: W2
Work Schedule: 3 days in office/2 days remote
Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits
Summary:
We are seeking a highly motivated Sourcing Consultant to support strategic sourcing, vendor management, and contract administration activities. This role is responsible for managing the end-to-end supplier selection and contracting process, negotiating agreements, optimizing expenses, mitigating vendor risk, and supporting lease administration activities. The ideal candidate will possess strong analytical, negotiation, contract management, and stakeholder partnership skills.
Responsibilities:
Lead sourcing initiatives across multiple spend categories, including the development of category strategies and supplier selection processes.
Negotiate contracts for products, services, and suppliers to achieve cost savings and favorable business outcomes.
Contribute to category savings goals while driving supplier performance and operational excellence.
Analyze contract data, business objectives, and market conditions to identify expense optimization opportunities.
Develop negotiation strategies and manage all aspects of supplier assessments, bid processes, and contract negotiations.
Manage the complete lease administration process from origination through final execution.
Ensure all required lease documentation is received, reviewed, filed, executed, and maintained accurately.
Administer lease management systems and maintain compliance with internal policies, procedures, and contractual obligations.
Draft, review, and coordinate lease agreements and related contractual documents.
Partner with legal, procurement, finance, and business stakeholders to ensure appropriate contract language and documentation standards.
Research and respond to internal and external inquiries regarding contracts, leases, suppliers, and related processes.
Identify and mitigate contractual, financial, and supplier-related risks.
Maintain strong relationships with vendors, suppliers, and internal business partners.
Qualifications:
Applicants must be authorized to work for ANY employer in the U.S. This position is not eligible for visa sponsorship.
4 years of sourcing, procurement, contract management, vendor management, lease administration, or related experience.
Experience negotiating supplier agreements and managing contract processes.
Strong analytical skills with the ability to evaluate contract terms, supplier proposals, and pricing structures.
Experience reviewing and interpreting legal or contractual documents.
Excellent verbal, written, and interpersonal communication skills.
Ability to manage multiple priorities and deadlines in a fast-paced environment.
Proficiency with Microsoft Office applications, particularly Excel, Word, and PowerPoint.
Experience with strategic sourcing, procurement, supply chain, real estate, lease administration, or vendor management functions.
Knowledge of contract lifecycle management systems or procurement platforms.
Experience supporting supplier performance management initiatives.
Ability to identify process improvement and cost reduction opportunities.
Strong stakeholder management and negotiation skills.
Bachelor's degree in Business, Supply Chain Management, Finance, Real Estate, or a related field.