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Payment Networks Agreements Lead

About this role:

Wells Fargo is seeking a Lead Business Execution Consultant, Payment Networks Agreements Lead in the Payment Network Office which is part of the Cards & Merchant Services (CMS) organization within the Consumer Lending group. Learn more about the career areas and lines of business at wellsfargojobs.com.

The experienced individual will own the development and execution of an end-to-end process to efficiently manage contracts and Statements of Work with our Payment Network partners which includes Visa, Mastercard and American Express.  In this role, the Networks Agreements Lead will be working collaboratively with a diverse set of internal and external stakeholders to support negotiations, execute agreements and implement the appropriate governance to ensure obligations are being tracked and met.


In this role, you will:

  • Lead the development and execution of Network related contracts and Statements of Work (SOWs).
  • Partner with appropriate stakeholders to negotiate terms and pricing that extract maximum value for Wells Fargo.
  • Serve as the primary escalation point on Network contracts and SOWs.
  • Develop and implement appropriate governance structures and processes to ensure Network contract obligations are being met by both Wells Fargo and the Networks
  • Develop and foster cross-functional relationships with the Networks and internal stakeholders including, Sourcing, Legal, Compliance, business partners and functional group
  • Provide specialized Subject Matter Expertise to business lines on Network contract related matters.
  • Partner with Finance and business stakeholders to perform fund management and necessary financial reconciliation
  • Work closely with Third-Party Management team to drive, assess and manage Network performance scorecards

Required Qualifications, US:

  • 5+ 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

  • 2+ years of experience managing contracts, developing Statements of Work or performing third-party management


Desired Qualifications:

  • 2+ years of experience working with Card Issuers, Acquirers or Payment Networks

  • Expert knowledge of the Payment Networks and Payments ecosystem, including an understanding of key players, emerging risks and the evolving regulatory/compliance landscape

  • Proven leadership skills and a history working with cross-functional and diverse teams

  • Ability to promote a culture of collaboration and teamwork, willing to break-down functional silos to optimize results

  • Strong interpersonal, influencing and written/verbal communication skills

  • Strong organizational and project management skills, with the ability to work in a fast-paced environment and manage multiple deadlines and competing priorities


Job Expectations:

  • Ability to travel up to 25% of the time

Posting Locations:

  • 150 E 42nd St, New York NY
  • 8505 IBM Dr, Charlotte NC
  • 401 S Tryon St, Charlotte NC
  • 2200 Concord Pike, Wilmington DE
  • 4340 Innslake Dr, Glen Allen VA

Required location(s) listed above. Relocation assistance is not available for this position.

NYC Pay Range: 115,900.00 - 206,100.00 USD Annual

This position is not eligible for Visa sponsorship.

Pay Range

$115,900.00 - $206,100.00 Annual

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, or status as a protected veteran.


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