Sourcing Consultant

Posted Yesterday
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Bengaluru, Bengaluru Urban, Karnataka, IND
Hybrid
Junior
Fintech • Financial Services
Wells Fargo: Tech-powered. Innovation-led. We're transforming financial services.
The Role
Develop strategic sourcing strategies, negotiate supplier contracts, analyze contract data and market conditions, identify cost savings, manage RFx activities, evaluate suppliers, address contract risks, and ensure compliance with legal, regulatory, and internal policy requirements. The role also drafts and reviews agreements, maintains sourcing system records, conducts quality checks, and advises business partners and senior management.
Summary Generated by Built In
About this role:
Wells Fargo is seeking a Sourcing Consultant
In this role, you will:
  • Develop Sourcing strategies and contract negotiations
  • Review and analyse contract data, business goals, and market conditions to identify cost saving opportunities
  • Customize contract risk terms and draft non-standard 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
Required Qualifications:
  • 2+ years of Sourcing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
  • Experience of more than 2+ years in Supply Chain Management.
  • Exposure to IT and Telecom category.
  • Knowledge of contract drafting and negotiating vendor legal terms and conditions
  • Strong Experience in negotiation of commercial terms.
  • Cross-category experience is preferred.
  • Ability to structure and communicate decisions to senior management.
  • Strong Communication and Interpersonal skills.
  • Excellent networking and negotiation skills.
Job Expectations:
  • Develops Strategic Sourcing strategies and lead contract negotiations for medium to high risk products / services.
  • Experience on multiple categories preferably IT & Telecom.
  • Well versed with contract principles and drafts non-standard contract terms and conditions
  • Review, draft and negotiate Master Agreements, Statement of Works, Change Orders, Amendments and similar contracts
  • Research vendor contracts to identify existing relationships, rights, risks and obligations
  • Proactively identifies and analyzes cost savings opportunities.
  • Support RFx activities including selection criteria
  • Identifies and escalates risk-related issues and identifies alternative options/solutions.
  • Partner with business groups to issue/evaluate RFx opportunities and conduct reverse auctions.
  • Establishes supplier evaluation/selection criteria and coordinates supplier due diligence activities.
  • Maintains current status and engagement information related to active engagements in Strategic Sourcing systems.
  • Ensures meeting all internal policies pertaining to contracts
  • Ensure contracts clearly specify the right and responsibilities of each party to the contract
  • Ensures compliance with legal and regulatory requirements such as data protection including customer supervisory information (CSI), Gramm-Leach-Bliley Act (GLBA) to protect customer personal information, etc.
  • Conduct Quality Check on transactional documents
    Desired Skills
    • Ability to structure and communicate decisions to senior management.
    • Strong Communication and Interpersonal skills.
    • Excellent networking and negotiation skills
    Posting End Date:
    22 Sep 2026
    *Job posting may come down early due to volume of applicants.
    We Value Equal Opportunity
    Wells Fargo is an equal opportunity employer. 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.
    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 Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
    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.

    Skills Required

    • 2+ years of sourcing experience or equivalent experience, training, military experience, or education
    • Supply chain management experience exceeding two years
    • Exposure to IT and Telecom sourcing categories
    • Knowledge of contract drafting and negotiating vendor legal terms and conditions
    • Experience negotiating commercial terms
    • Cross-category sourcing experience
    • Ability to structure and communicate decisions to senior management
    • Strong communication and interpersonal skills
    • Excellent networking and negotiation skills
    • Knowledge of contract principles and non-standard contract terms and conditions
    • Experience reviewing, drafting, and negotiating Master Agreements, Statements of Work, Change Orders, Amendments, and similar contracts
    • Knowledge of supplier evaluation, selection criteria, and due diligence processes
    • Knowledge of legal and regulatory requirements, including data protection and the Gramm-Leach-Bliley Act

    Wells Fargo Compensation & Benefits Highlights

    • Healthcare Strength Health coverage begins on day one with comprehensive medical, dental, and vision options, and the company subsidizes a substantial share of premiums for U.S. employees (varying by compensation band).
    • Retirement Support A robust 401(k) program includes an employer match for eligible employees, with specifics laid out in plan materials and filings.
    • Parental & Family Support Paid parental leave extends up to 16 weeks for eligible primary caregivers, alongside fertility coverage, adoption/surrogacy reimbursement, and lactation support.

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    The Company
    HQ: San Francisco, CA
    205,000 Employees
    Year Founded: 1852

    What We Do

    Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.2 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. Our technology professionals drive innovation, information security, and big data analytics while maintaining a network that handles more than 12 billion customer interactions a year. Join us! Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader – we’re a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed. We believe that a meaningful career is much more than just a job – it’s about finding all of the elements to help you thrive, in one place. Living the Well Life means you’re supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and well-being. You’ll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it — Wells Fargo continues to rank on the LinkedIn Top Companies lists of best workplaces “to grow your career.” 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. © 2026 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

    Why Work With Us

    We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. Wells Fargo continues to rank on the LinkedIn Top Companies lists of best workplaces “to grow your career.”

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