Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our International Careers website .
Market Job Description
About Enterprise Global Services
Enterprise Global Services (EGS) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website .
The Supply Chain Management team is within Corporate Services department and is primarily responsible for contract negotiation and procurement of goods and services
About the Role
You will work as part of the Sourcing Team to support the negotiation and review of contracts and other legal documents. You will interact closely with multiples lines of business.
Manage Contracts Negotiation teams and ensure timely service delivery.
Provide direction and additional assistance with new or unusual assignments
Review, draft and negotiate Master Agreements, Licensing contracts, Software schedules, Amendments, transactional contracts and other similar contracts
Manages spend categories
Works with key stakeholders (senior leaders) across the LOB or enterprise to determine the long-term needs and applicable supply/service strategies.
Develops Strategic Sourcing strategies and leads contract negotiations for high-risk products and/or services, and suppliers who have significant strategic business impacts
Proactively identifies risk-related issues and identifies alternative options/solutions based upon standard templates
Manages supplier relationships of high risk and/or complexity with significant impact to the business strategy Perform analysis of clauses in Contracts and identify the risks and obligations to Wells Fargo
Identify the most advantageous contract offer
Accountable for category savings targets for multiple categories and supplier performance measurements
Customizes contract risk terms and drafts non-standard contract terms and conditions to proactively address business and risk concerns
Controls all aspects of negotiation and sets negotiation strategy
Researches and analyzes contract data, business needs and market conditions and proactively identifies cost savings opportunities
Determines deal strategy and controls all aspects of contract negotiations and competitive supplier assessments
Determines deal strategy and controls all aspects of contract negotiations and sets negotiation strategy
Review of closing agreements
Collaborates with SCM team members and LOB clients to draft and negotiate required contract documents, maximize efficiencies and identify cost savings
Develop and implement plans for cross training of resources with in individual LOB
Market Skills and Certifications
Legal (LLB) graduate
Experience of 6 to 8 years in Contract negotiations
Knowledge in supply chain management.
Strong analytical skills.
Fluency in English and at least one regional language.
Experience of working across one or more geographic territories or regions
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Internal Number: 6537942
About Wells Fargo
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