3rd Party Management Program Business Execution Director
Wells FargoAbout the role
Are you looking for more? Find it here. At Wells Fargo, we believe that a meaningful career is much more than just a job. It’s about finding all the elements that help you thrive, in one place. #LivingTheWellLife means you’re supported in life, not just work. It means having a competitive salary, a robust benefits package, and programs to support your work-life balance and well-being. It means being rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it! Wells Fargo ranked in the top three on the 2024 LinkedIn Top Companies List of best workplaces “to grow your career” in the U.S. Learn more about the career areas and business divisions at wellsfargojobs.com.
Global Operations
Wells Fargo’s Global Operations team consists of ~50K people providing middle and back-office support for all five of Wells Fargo’s Lines of Business (Consumer and Small Business Banking, Consumer Lending, Wealth and Investment Management, Commercial Banking and the Corporate and Investment Bank) and Enterprise Functions.
Global Operations (GO) is responsible for refining processes and redesigning business operations by efficiently utilizing resources to exceed customer requirements and service. Our mission is to integrate, transform, and strengthen the enterprise through automation, risk mitigation, effective controls, and state of the art technological solutions to operate at an optimal level.
Working closely with the businesses they support, Global Operations drives efficiency and risk mitigation through process simplification, functional consolidation, automation, and effective controls. The main groups that make up Global Operations are Consumer Lending Operations, Consumer, Small & Business Banking Operations, Wholesale Operations, Shared Services Operations, and Fraud and Claims Management.
Global Operations’ goal is to build a more unified, more integrated approach to Wells Fargo's business operations functions focused on enhancing our operational excellence, meeting our regulatory remediation efforts, and better serving customers.
The Role
Global Operations is seeking a strategic and results-driven leader to create and lead a consolidated, best-in-class 3rd Party Management program. This role is critical in optimizing Global Operations’ 3rd party/vendor ecosystem, including streamlining vendor-related processes, eliminating duplication, and driving cost efficiencies across the organization. The ideal candidate will bring a strong background in vendor lifecycle management, risk mitigation, and cross-functional collaboration.
Responsibilities include:
Create a cross-functional 3rd Party Management team that includes both direct reports and matrixed employees.
Lead initiatives to streamline vendor management and procurement processes, reduce administrative overhead, and improve operational efficiency.
Identify and eliminate duplicative vendor relationships and overlapping services.
Drive cost reduction strategies through vendor consolidation, renegotiation, and strategic sourcing.
Analyze spend data to identify savings opportunities and improve ROI on third-party engagements.
Collaborate with business units to align vendor spend with strategic priorities.
Partner with Supply Chain Management and other stakeholders to ensure compliance with internal policies and procedures.
Serve as the primary point of contact for vendor-related matters across Global Operations.
Build strong relationships with internal stakeholders to understand needs and ensure vendor solutions meet business objectives.
Required Qualifications:
8+ years of Business Execution, Implementation, or Strategic Planning experience, including Management or leadership experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
4+ years of management or leadership experience
Desired Qualifications:
Experience managing Third Party Risk Management programs
Experience leading and developing a team of professionals.
Excellent negotiation, communication, and stakeholder management skills.
Demonstrated success in driving vendor cost reduction and process improvement initiatives.
Exceptional leadership skills required to lead complex functions across multiple sites and employee populations
Experience presenting/preparing executive summaries, whitepapers, and presentations for executive management
Skilled communicator with organizat
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