Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe
Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe

Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe

Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead strategic sourcing for innovative card embedded benefits and drive change in procurement.
  • Company: Join Visa Europe, a dynamic leader in the financial services industry.
  • Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
  • Why this job: Make a real impact by shaping procurement strategies and fostering strategic partnerships.
  • Qualifications: 7+ years in category management with expertise in card embedded benefits and insurance.
  • Other info: Be part of a collaborative team that values innovation and inclusivity.

The predicted salary is between 48000 - 72000 £ per year.

Visa Europe Sourcing has an opportunity for a highly motivated, experienced, and results-driven Product & Benefits Category Senior Category Manager to join our team and help us to lead the change, further elevate the procurement function and cement strategic business partnerships. This role is to lead category sourcing focused on Card Embedded Benefits within Product & Benefits Category, reporting to Europe Head of Product and Services Category. The successful candidate will have experience of above categories at both strategic and tactical level. Geographical scope is Europe and where requested provide support to the Global Sourcing teams and regional teams. This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

General Responsibilities

  • BUSINESS - "Shape & Deliver Value"
  • Contribute to the development of the functional agenda by monitoring market trends, competitive dynamics, and stakeholder needs to support strategic planning and execution.
  • Partner with business stakeholders and teams in support of revenue enabling procurement.
  • Identify and explore opportunities for value creation, recommending enhancements to current practices and supporting innovation initiatives aligned with strategic goals.
  • Translate business and market insights into actionable plans, engaging stakeholders through clear communication and well-structured proposals.
  • Support alignment of regional and functional priorities with broader organisational objectives, collaborating across teams to ensure effective deployment of resources and capabilities.
  • Drive change initiatives within the function, contributing to vision-setting, gaining team buy-in, and tracking progress against defined outcomes.
  • TECHNICAL - "Drive Functional Excellence & Innovation"
    • Implement consistent demand planning and forecasting processes across relevant areas of the organisation.
    • Design and deliver fast-paced Card embedded and Insurance benefits procurement strategies.
    • Assess sourcing initiatives and projects, providing analysis and recommendations to support decision-making.
    • Prepare sourcing reports and insights for review by senior management, ensuring clarity and relevance.
    • Champion continuous improvement through adoption of best practices and innovative solutions, contributing to functional excellence.
    • Develop and refine tools and templates, support AI adoption, and maintain high standards for team and business deliverables.
  • LEADERSHIP - "Set Direction & Orchestrate Change"
    • Act with urgency to resolve issues and deliver results, maintaining momentum across initiatives.
    • Engage team members in decision-making processes to build ownership and alignment.
    • Clearly frame issues and options when escalating decisions to senior leadership.
    • Foster a high-performance culture, positioning the function as a reliable business partner.
    • Lead collaborative efforts to identify opportunities and implement change, advocating for improvements across the function.
    • Create an inclusive and safe team environment that encourages open dialogue and diverse perspectives, supporting enterprise-wide change.

    Role Accountabilities

    • Develop and execute (sub) Category/Sub-category strategies, plans, and projects.
    • Responsible for the delivery of a compelling strategy and plan that mobilises the cross-functional teams and partners.
    • Execute strategic and tactical sourcing activities.
    • Incorporate responsible sourcing objectives into category activities.
    • Manage Category spend, supplier relationships, and opportunities, developing and maintaining Preferred Supplier Lists (PSL) and manage Tail spend.

    Categories in scope

    Role focused on Product and Benefits category requiring in-depth SME experience in buying insurances, broker services, travel/lounges access benefits, concierge benefits, card embedded benefit procurement.

    Functional Planning & Performance

    • Lead defined sections of the sourcing planning and forecasting by aligning category plans to support the Sourcing strategy.
    • Act as a Sourcing Business Partner to the Product Card Benefits and Center of Excellence teams in the UK and Europe, ensuring end-to-end responsibilities for Sourcing activities.
    • Through strong relationships with business stakeholders, understand subcategory strategies, plans, and priorities to be able to better support business objectives.
    • Responsible to support, as required, cross Product Category transactions in support of the broader Product team goals.

    Performance Management & Reporting

    • Report on Category progress and performance using key metrics.
    • Undertake supplier management activities for key strategic suppliers.

    Governance & Best Practice

    • Incorporate digital tools, analytics, and emerging technologies (including AI/Agentic AI) to streamline operations and accelerate innovation.
    • Deliver financial and other business values through leading practices.
    • Operate data-driven, risk-aware culture that integrates sustainability, inclusion, and ethical decision-making.
    • Identify efficiency opportunities in the sourcing process and deliver using Lean Six Sigma and other process optimisation tools.
    • Ensure robust risk management, control frameworks, and audit readiness to maintain functional resilience across European markets.
    • Support an inclusive, psychologically safe environment that encourages curiosity, accountability, and collaboration.

    Capability Development & Communications

    • Incorporate digital tools, analytics, and emerging technologies (including AI/Agentic AI) to streamline operations and accelerate innovation.
    • Drive continuous improvements and support digitalization.
    • Support the delivery of a compelling strategy and plan that mobilises the cross-functional teams and partners.
    • Lead medium complex change initiatives with disciplined execution, strong governance, and effective communication.
    • Reporting delivery and achievement against plan and objectives.
    • Represent Europe Sourcing internally and externally, enhancing the function's reputation and strategic value.

    Qualifications

    • 7+ years experience of category management in procurement.
    • 4+ years hands-on, technical experience of procuring card embedded benefits and insurance from Banking or FinTech Industry.
    • 4+ years of broader Indirect Procurement experience in buying employee HR/benefit services (such as insurance, broker services).
    • Experience in Financial services, FinTech or Technology organisations.
    • Strong acumen and ability to design and deliver innovative commercial models.
    • Strategic and analytical skills and knowledge of how good looks like.
    • Strong Experience in above sub-categories, relevant suppliers and market dynamics, business models, contract negotiations, implementation, and supplier relationship management.
    • Project Management skills with experience in delivering large and complex Sourcing projects.
    • Background in working within large, complex, matrix organizational structures.
    • Strong interpersonal and communication skills and ability to build collaborative relationships.
    • Energy, pace, and an impeccable track record of delivery.

    Nice to have:

    • Postgraduate procurement accreditation (MCIPS or MIIAPS).
    • Lean Six Sigma, white or yellow belt.
    • Operating in a large, multi-country region with complex stakeholder matrix.

    Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

    Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe employer: PowerToFly

    Visa Europe is an exceptional employer that fosters a dynamic and inclusive work culture, encouraging innovation and collaboration across cross-functional teams. With a strong focus on employee growth, Visa offers numerous opportunities for professional development and the chance to lead impactful change in the procurement function. Located in a vibrant European market, employees benefit from a hybrid working model that promotes work-life balance while engaging in meaningful projects that drive efficiencies and strategic partnerships.
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    Contact Detail:

    PowerToFly Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage on platforms like LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

    ✨Tip Number 2

    Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.

    ✨Tip Number 3

    Practice your pitch! Be ready to explain why you're the perfect fit for the role. Highlight your experience in product and benefits sourcing, and don’t forget to showcase your strategic thinking and relationship-building skills.

    ✨Tip Number 4

    Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team. Don’t hesitate to follow up after applying to express your enthusiasm!

    We think you need these skills to ace Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe

    Category Management
    Procurement
    Card Embedded Benefits
    Insurance Procurement
    Stakeholder Engagement
    Strategic Planning
    Data Analysis
    Supplier Relationship Management
    Project Management
    Market Analysis
    Change Management
    Communication Skills
    Cross-Functional Collaboration
    Lean Six Sigma
    Innovation Initiatives

    Some tips for your application 🫡

    Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in product and benefits sourcing. We want to see how your skills align with the role, so don’t hold back on showcasing your achievements!

    Showcase Your Strategic Thinking: In your application, emphasise your ability to drive efficiencies and challenge the status quo. We’re looking for someone who can bring innovative solutions to the table, so share examples of how you've done this in the past.

    Highlight Cross-Functional Experience: Since this role involves working across teams, make sure to mention any experience you have in cross-functional or cross-border collaborations. We love seeing how you’ve built relationships and worked with diverse groups!

    Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!

    How to prepare for a job interview at PowerToFly

    ✨Know Your Categories Inside Out

    Make sure you have a solid understanding of the Product & Benefits category, especially card embedded benefits and insurance. Research current market trends and competitive dynamics to showcase your expertise during the interview.

    ✨Showcase Your Strategic Thinking

    Prepare examples of how you've contributed to strategic planning and execution in previous roles. Be ready to discuss how you can translate business insights into actionable plans that align with organisational objectives.

    ✨Build Relationships Before You Walk In

    If possible, connect with current employees or stakeholders at the company before your interview. This will give you insights into the company culture and help you demonstrate your ability to build collaborative relationships during the interview.

    ✨Be Ready to Drive Change

    Think about past experiences where you've successfully led change initiatives. Be prepared to discuss how you can contribute to Visa Europe's agility and drive efficiencies within the procurement function.

    Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe
    PowerToFly
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    • Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe

      Full-Time
      48000 - 72000 £ / year (est.)
    • P

      PowerToFly

      50-100
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