Wells Fargo Sourcing Associate 

India, Telangana, Hyderabad 

57421486

In this role, you will:

• Manage and administer the relationships for assigned low risk vendors and suppliers

• Plan and implement purchasing activities, measure, monitor, and report performance levels, completing vendor or supplier evaluations and scorecards

• Conduct review meetings as a tool for improving supplier performance, and escalate and resolve customer service issues with the supplier or vendor

• Work with experienced sourcing consultants to identify ways to improve supply chain performance including cost savings, quality improvements, and discount programs

• Identify improvements in tools and processes to streamline and automate the supply or commodity management process

• Understand vendor management and sourcing practices

• Work with contract negotiations and vendor relationships of low to medium complexity

• Complete work under direction of more experienced staff

• Act as focal point for low risk sourcing and vendor management activities

Required Qualifications:

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

Desired Qualifications:

• Should be good in written and oral communication.
• Should be able to understand the requirement and perform as required.
• Should be good in contracts negotiation and management
• Bachelor's degree.
• Should be able to work in US shifts

Job Expectations:

• Ability to source the right set of vendors for RFP/RFQ and conduct RFx through Ariba system and drive the decision-making process
• Should be able to manage the complete lifecycle of sourcing process until contract and assist the stakeholders with the contract administration.
• Develop Sourcing strategies and contract negotiations
• Review and analyze contract data, business goals and market conditions to identify cost saving opportunities
• Customize contract risk terms and draft nonstandard contract terms and conditions to address business and risk concerns
• Develop supplier strategy
• Achieve performance measures while developing expertise in policies, procedures and compliance requirements
• Collaborate and consult with peers, colleagues and mid-level managers to ensure appropriate language is used to achieve final lease documents
• Lead projects, teams or serve as a mentor
• Research and respond to internal or external inquiries.

20 Feb 2025

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.