Senior Sourcing Consultant

4 - 9 years

7 - 17 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

About this role:

Wells Fargo is seeking a Senior Sourcing Consultant.


In this role, you will:

  • Lead and manage contract negotiation for products, services, and suppliers
  • Resource will be responsible to understand contract clauses; review redlines and negotiate with third party in compliance to the internal regulatory laws/requirements
  • Responsible for reviewing the existing contracts, find out the gaps available in accordance with the regulatory requirement, issue Amendment letters to suppliers, review redlines, negotiate with suppliers, coordinate with the Legal team and create Contract Workspace in Ariba as applicable. This position requires keen research ability and negotiation with suppliers and coordinate with the Legal team.

Required Qualifications:

  • 4+ years of Sourcing, Procurement experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

  • Contribute to category saving targets for multiple categories and supplier performance
  • Review and analyze contract data, business goals and market conditions to identify cost saving opportunities
  • Determine and control all aspects of contract negotiations and cost-effective supplier assessments
  • Manage entire lease process from origination to final execution ensuring all required documents are received, filed, and executed
  • Maintain all lease administration systems and prepare all lease agreements and related contractual documents ensuring are in compliance with policies and procedures
  • Collaborate and consult with peers, colleagues and managers to ensure appropriate language is used to achieve final contract documents
  • Lead projects and mentor less experienced staff
  • Research and respond to internal or external inquiries

Job Expectations:

  • Ability to structure and communicate decisions to senior management.
  • Strong Communication and Interpersonal skills.

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Wells Fargo logo
Wells Fargo

Banking and Financial Services

San Francisco

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