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

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

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

  • Tasks: Lead strategic sourcing for innovative card benefits and insurance solutions.
  • Company: Join Visa Europe, a leader in financial technology and innovation.
  • Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
  • Why this job: Make a real impact by driving change and enhancing procurement strategies.
  • Qualifications: 7+ years in category management with expertise in card embedded benefits.
  • Other info: Dynamic environment with a focus on collaboration and continuous improvement.

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.

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:

Visa is a dynamic environment thus there are likely to be some changes in responsibilities and priorities over time and so we are looking for someone who has a flexible approach, embracing Visa Europe’s agility.

  • 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.

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications

Must Have:

  • 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.

Additional Information

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 in London employer: Visa

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 strategic business partnerships.
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Contact Detail:

Visa Recruiting Team

StudySmarter Expert Advice 🤫

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

Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people you know, the better your chances of landing that dream role.

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 them you’re the perfect fit for their team.

Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online platforms to refine your answers. Focus on articulating your experience in product and benefits sourcing clearly and confidently.

Tip Number 4

Don’t forget to follow up after interviews! A simple thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and appreciation for the opportunity.

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

Category Management
Procurement Strategy
Stakeholder Engagement
Supplier Relationship Management
Card Embedded Benefits Procurement
Insurance Procurement
Project Management
Data Analysis
Market Trend Analysis
Change Management
Lean Six Sigma
Communication Skills
Cross-Functional Collaboration
Financial Acumen
Innovation and Continuous Improvement

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 collaboration. We love seeing how you’ve built relationships and worked with diverse groups to achieve common goals.

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 Visa

Know Your Categories Inside Out

Make sure you have a deep understanding of the Product & Benefits category, especially around card embedded benefits and insurance. Brush up on market trends and competitive dynamics so you can discuss how your insights can drive efficiencies and innovation during the interview.

Showcase Your Strategic Thinking

Prepare to discuss specific examples where you've contributed to strategic planning and execution in procurement. Highlight how you've partnered with stakeholders to create value and align priorities with broader organisational objectives. This will demonstrate your ability to think critically and strategically.

Demonstrate Your Leadership Skills

Be ready to share experiences where you've led change initiatives or fostered a high-performance culture. Talk about how you engage team members in decision-making and create an inclusive environment. This will show that you can not only manage but also inspire and lead teams effectively.

Prepare for Technical Questions

Expect questions about demand planning, sourcing strategies, and supplier relationship management. Brush up on your technical knowledge and be prepared to discuss how you've implemented best practices and innovative solutions in past roles. This will help you stand out as a candidate who can drive functional excellence.

Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe in London
Visa
Location: London
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  • Manager or Senior Manager, Product & Benefits Sourcing, Visa Europe in London

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

    Visa

    10000+
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