Vendor Strategy Lead

at  Wells Fargo

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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, educatio

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 environmen

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