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Job Title: Wells Fargo Supply Chain Strategic Sourcing Associate Program
Location: Charlotte, NC United States
Position Type: Full Time
Post Date: 01/10/2020
Expire Date: 03/10/2020
Job Categories: Accounting/Auditing, Banking, Finance/Economics, Information Technology
Job Description
Wells Fargo Supply Chain Strategic Sourcing Associate Program
How To Apply: Go to www.wellsfargojobs.com, Job ID 5527113
NOTE: Online Application Open: January 10 - 12

Job Description
2020 Supply Chain Strategic Sourcing Associate Program

At Wells Fargo, we want to satisfy our customer’s financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you

OVERVIEW

Supply Chain Management manages spend categories, supports Strategic Sourcing strategies and leads contract negotiations for low risk, low complexity products and/or services. Understands basic contract principles and drafts standard contract terms and conditions. Analyzes contract data to identify cost savings opportunities. Acts as the primary liaison for current assigned vendors (Low risk/dollar spend). Escalates and resolves customer service issues. Works with business groups to issue/evaluate RFx opportunities and conduct reverse auctions. Supports the supplier evaluation/selection criteria and coordinates supplier due diligence activities. Supports purchasing programs with suppliers and ongoing measurement, monitoring, and reporting of supplier performance. Teams with senior members of the Strategic Sourcing team to identify and implement continuous improvement strategies related to category effectiveness and supply chain / strategic sourcing processes. Benchmarks industry and category trends. Maintains status and engagement information related to active engagements in Strategic Sourcing systems. Ensures compliance with legal and regulatory requirements and escalation procedures. Responsible for meeting all Third Party Service Provider Policy and program requirements. Contributes to management reporting.

Business Overview

Enterprise Services & Technology offers technology and services that exceed Wells Fargo customers’ expectations and directly enable them to succeed financially. We interact with customers more than 12 billion times a year through in-store, online, ATM, and telephone transactions. We impact customers directly, through systems availability and security, as well as indirectly, through our business partners who offer and deliver a myriad of products and services that meet customers’ financial needs. We provide a competitive advantage for the company through excellence in fundamentals, integrated partnerships, and our talented and engaged team member.

Wells Fargo is currently seeking to build a team of Strategic Sourcing Associates to support the execution of technology sourcing responsibilities. These activities include, but are not limited to:

Manages purchasing requests for technology-related spend categories and supports Strategic Sourcing strategies for low-medium risk, low to medium complexity products and/or services.
Maintains status and engagement information related to active engagements in Strategic Sourcing systems.
Analyzes contract, spend, and invoice data to identify cost savings opportunities.
Supports compliance with legal and regulatory requirements and escalation procedures. Understands basic contract principles and standard contract terms and conditions.
Acts as liaison to business lines to ensure new products, services and technical developments are compatible with current processes and designs.
Acts as a liaison for current assigned vendors. Escalates and resolves customer service issues.
Teams with senior members of the Strategic Sourcing team to identify and implement continuous improvement and demand management strategies related to category effectiveness and supply chain processes.
Contributes to management reporting. Responsible for completing process analysis, evaluations, and implementation of process improvements.
Program Duration: June 2020 – July 2021

Associates will work as full time team members during this 12 month developmental program that includes:

Experience across various supply chain management organizations supporting Wells Fargo’s vision and values
Formal training opportunities through extensive onboarding and orientation activities and throughout the program to prepare you for a career within Strategic Sourcing at Wells Fargo
Mentoring relationships and coaching to support your professional development
Participation in Strategic Sourcing specific Educational Sessions and a Developmental Project that supports sourcing line of businesses outside of daily responsibilities
Exposure to multiple business lines and Supply Chain Management responsibilities
Responsibilities may include:

Managing spend categories, supports Strategic Sourcing strategies and leads contract negotiations for low risk, low complexity products and/or services.
Understanding basic contract principles and drafting standard contract terms and conditions.
Analyzing contract data to identify cost savings opportunities.
Acting as the primary liaison for current assigned vendors (Low risk/dollar spend). Escalates and resolves customer service issues.
Working with business groups to issue/evaluate RFx opportunities and conduct reverse auctions. Supports the supplier evaluation/selection criteria and coordinates supplier due diligence activities.
Supporting purchasing programs with suppliers and ongoing measurement, monitoring, and reporting of supplier performance.
Partnering with senior members of the Strategic Sourcing team to identify and implement continuous improvement strategies related to category effectiveness and supply chain / strategic sourcing processes.
Benchmarking industry and category trends. Maintaining current status and engagement information related to active engagements in Strategic Sourcing systems.
Ensuring compliance with legal and regulatory requirements and escalation procedures. Responsible for meeting all Third Party Service Provider Policy and program requirements.
Contributing to management reporting.
Participating in and providing consulting and support for projects and initiatives with moderate risk
Effectively working with internal and external stakeholders, lines of business, and various partners
Working in a fast paced, highly collaborative environment in order to execute on strategic priorities
Proactively identify and resolve compliance matters related to enterprise services and technology
Identifying risks and/or gaps through trending analysis, reporting results to stakeholders
Building and sustain relationships with peers, Executive Office members, and business partners
***Those considered for the program will be a recent graduate or a Bachelor’s degree candidate with an expected graduation in December 2019 – May/June 2020***

Wells Fargo will not sponsor visas for these positions, and will not hire individuals whose work eligibility is based on their F-1 or other student visa status. Candidates must be authorized to work in the United States on a permanent basis.

Learn more about Who We Are. Copy and paste this video URL into a new browser tab to view: https://youtu.be/hmen7-0Ihbk?list=PL1wnNCsFZfFVW7aXdtLBFvYrHynSOJcL0

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Desired Qualifications
Ability to prepare management level presentations
Ability to synthesize complex analytical findings into executive level communications
Excellent verbal, written, and interpersonal communication skills
Good data analytical and validation skills
Knowledge and understanding of business intelligence tools
Strong analytical skills with ability to turn findings into executable plans to meet business objectives
Experience in problem analysis, solution implementation, and change management
Intermediate Microsoft Office (Outlook, Excel, Word, PowerPoint, LiveMeeting and SharePoint) skills

Other Desired Qualifications
Intermediate Microsoft Office (Access, Visio) skills
Ability to learn and work in fast paced environments and adjust to change quickly
Ability to interact with integrity and a high level of professionalism with all levels of team members and management
Knowledge and understanding of analysis of business processes and enhancing operations to accomplish business objectives
Bachelor’s degree candidate with an expected graduation in December 2019 – May/June 2020
Bachelor’s degree in Supply Chain, Operations, Economics, Business, or Finance
Demonstrated supply chain or operations (procurement, inventory, material planning, purchasing, and/or supplier management) job/internship experience with a large organization
Contract interpretation skills

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Qualifications & Requirements
Desired Qualifications
Ability to prepare management level presentations
Ability to synthesize complex analytical findings into executive level communications
Excellent verbal, written, and interpersonal communication skills
Good data analytical and validation skills
Knowledge and understanding of business intelligence tools
Strong analytical skills with ability to turn findings into executable plans to meet business objectives
Experience in problem analysis, solution implementation, and change management
Intermediate Microsoft Office (Outlook, Excel, Word, PowerPoint, LiveMeeting and SharePoint) skills


Other Desired Qualifications
Intermediate Microsoft Office (Access, Visio) skills
Ability to learn and work in fast paced environments and adjust to change quickly
Ability to interact with integrity and a high level of professionalism with all levels of team members and management
Knowledge and understanding of analysis of business processes and enhancing operations to accomplish business objectives
Bachelor’s degree candidate with an expected graduation in December 2019 – May/June 2020
Bachelor’s degree in Supply Chain, Operations, Economics, Business, or Finance
Demonstrated supply chain or operations (procurement, inventory, material planning, purchasing, and/or supplier management) job/internship experience with a large organization
Contract interpretation skills

How To Apply: Go to www.wellsfargojobs.com, Job ID 5527113
NOTE: Online Application Open: January 10 - 12
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Contact Information
Website:www.wellsfargojobs.com
Company Description:
At Wells Fargo, we’re strong for our customers and communities. Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852, and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial financial services through more than 8,400 locations, 13,000 ATMs, online (wellsfargo.com), and mobile banking and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 268,000 team members, Wells Fargo serves one in three households in the United States and employs about one in 600 working Americans. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are available at Wells Fargo Stories.
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