CIB Vendor Relationship Manager

About this role:

Wells Fargo is seeking a Vendor Relationship Manager (Business Execution Senior Manager) in Corporate and Investment Banking (CIB) to be responsible for the end-to-end vendor lifecycle for the business. This role will be the primary interface between the CIB business, Enterprise Supply Chain, and external vendors to ensure our vendor relationships support CIB's business objectives while maintaining strong governance and compliance.

The ideal candidate will showcase significant CIB experience and have demonstrated a strategic approach to vendor selection and negotiations, bring a strategic mindset, leverage their risk and control expertise, leadership, and business acumen to oversee the efficiency of the vendor management process for CIB. This is a highly visible leadership role requiring partnership and stakeholder management across CIB, Enterprise CAO and Finance partners to complement procurement and ensure commercial and risk management requirements are met.

In this role, you will:

• Assess the existing vendor relationship management landscape across CIB and partner with Enterprise Supply Chain to design & implement a new operating model for CIB on vendor strategy
• Own and manage the end-to-end vendor lifecycle, including planning, onboarding, support contract negotiation, performance monitoring, and offboarding for CIB
• Engage directly with vendors as a primary representative advocating for CIB business needs
• Act as the primary contact for CIB vendor related topics to the business, Enterprise supply chain, Third-party risk, Finance, and other key stakeholders
• Develop a detailed understanding of business-specific vendor needs and integrate them into strategic planning
• Engage with demand planning to align vendor services with CIB business requirements
• Set and achieve CIB vendor spend cost reduction targets while ensuring quality of service
• Partner with supply chain to negotiate contracts, ensuring CIB obtains fair pricing and strategic value
• Provide CIB-specific feedback and needs to be incorporated into enterprise transformation plans
• Participate in CIB vendor renewal, approval, and review processes in collaboration with the CFO and other stakeholders

Required Qualifications:

• 6+ 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
• 3+ years Management or leadership experience

Desired Qualifications:

• 6+ years of Corporate & Investment Banking experience
• Strong understanding and proven leadership of the Corporate & Investment Banking business, including vendor requirements and strategic planning
• Extensive experience in vendor management, procurement, or supply chain within a financial services environment supporting the CIB business
• Proven track record of driving cost savings, optimizing vendor relationships, and ensuring compliance
• Strong leadership, transformation, stakeholder management, and strategic planning skills
• Familiarity with third-party risk management, regulatory compliance, and financial controls
• Ability to create relationships while navigating the regulatory, compliance and legal intricacies of working at a highly regulated business with multiple legal entities
• Strong communication skills and experience presenting to senior leaders
• A self-starter, with the ability to prioritize work and multi-task, meet deadlines, achieve goals and lead under tight deadlines in a dynamic and fast-paced environment
• Strong listening and communications skills with the ability to convey complex information and ideas simply and clearly
• Strong experience navigating a complex and large global banking organization
• Demonstrated experience around inclusivity in leading and the ability to bring along all key stakeholders into the strategy to ensure the business is operating within our risk framework
• Inquisitive and proactive mindset with the ability to think creatively to solve problems and anticipate potential questions and issues

Job Expectations:

• Ability to work nights, weekends, and/or holidays as needed or scheduled
• Ability to work outside of regular business hours
• Ability to travel up to 5% of the time
• Visa sponsorship is not available

Posting Locations:

• 550 S Tryon St. - Charlotte, North Carolina 28202
• 150 E 42nd St. - New York, New York 10017

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$120,400.00 - $287,600.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

27 Apr 2025
*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities

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

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

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