At a Glance
- Tasks: Lead procurement strategies for People & Workplace, ensuring value and efficiency.
- Company: Join Wise, a global tech company revolutionising money management.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on innovation and collaboration.
- Why this job: Shape procurement at Wise and make a real impact on our mission.
- Qualifications: Experience in commercial strategy and excellent communication skills required.
The predicted salary is between 72000 - 88000 £ per year.
Wise is a global technology company, building the best way to move and manage the world’s money. Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.
We’re looking for a Senior Procurement Lead to join our Third Party Management and Procurement Team in London (UK). This role will focus on leading the People & Workplace category comprising subcategories such as Recruitment, Benefits, Travel, Meals & Entertainment, and Facilities. It's a unique opportunity to build on your entrepreneurial and commercial expertise, help deliver Wise’s mission of money without borders, and grow within a global, fast-paced listed company environment while ensuring our key deals deliver the best value for money for Wise.
Your mission: At Wise, our mission is to make money borderless — and Procurement plays a key role in making that happen. We enable smarter, data-driven sourcing decisions that ensure Wise partners with the right suppliers, minimises risk, and drives maximum value from every third-party investment. Our goal? To make buying at Wise as seamless and frictionless as sending money across borders.
About the Role:
- Develop and execute long-term procurement strategies that align with Wise's business objectives.
- Manage a team of 2x Procurement professionals helping them to navigate complexity through effective coaching and development strategies.
- Strategically partner with the business acting as their main point of contact whilst building robust relationships with stakeholders within the organization.
- Facilitate regular cross-departmental meetings to ensure alignment between procurement strategies and business objectives.
- Lead efforts to achieve cost reductions and optimization of spend across categories.
- Utilize analytical and financial skills to assess total cost of ownership and budget impact of procurement decisions.
- Evaluate and support selection of suppliers, utilizing robust criteria for quality, price, and reliability.
- Identify opportunities for consolidating suppliers, renegotiating contracts, or initiating new proposals.
- Assist in the creation of risk mitigation strategies to address supply chain disruptions.
- Stay informed about political and economic environments impacting supply chains and support the development of contingency plans.
- Stay up to date on initiatives aimed at sustainable and ethical sourcing to enhance Wise's reputation and ensure compliance with relevant standards and regulations.
- Advocate for and implement innovative procurement technologies and process automation to enhance procurement processes, increase efficiency, and reduce manual tasks.
- Mentor and develop procurement team members, fostering a culture of continuous improvement and professional growth.
- Ensure all procurement activities comply with internal policies, legal requirements, and industry regulations while promoting integrity and transparency across all operations.
- Stay abreast of industry best practices and leverage them to improve Wise's procurement processes and strategy.
- Encourage creative problem-solving and new procurement solutions to maximize organizational effectiveness.
This role will give you the opportunity to:
- Choose your path to impact. As a Lead, you’ll take ownership from day one.
- Be extremely hands-on.
- Be part of our mission to make money without borders the new normal.
About you:
- Experience in leading and developing commercial strategies relating to the categories in your scope.
- Preference will be given to candidates with experience in the financial services or the fintech industry.
- Proven track record of delivering and exceeding commercial targets such as savings, supplier consolidation, cash management.
- Excellent communication skills with the ability to build relationships, influence and work collaboratively across different teams.
- Ability to advise, manage and report risks effectively, providing practical solutions to mitigate them.
- Experience with sourcing tools, market analysis and end-to-end procurement processes.
- Demonstrable ability to evaluate and summarise complex sourcing scenarios, communicating them in a clear and pragmatic way to different stakeholders and influencing with impact.
- Project management skills, with the ability to manage multiple initiatives simultaneously.
- A get-it-done, collaborative approach to problem-solving.
Compensation: GBP89,000- GBP127,000 yearly.
For everyone, everywhere. We're people building money without borders — without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive. We're proud to have a truly international team, and we celebrate our differences. Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.
Senior Procurement Lead - People & Workplace in London employer: Wise group
Wise is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong emphasis on employee growth, you will have the opportunity to lead a talented team while developing your skills in a dynamic environment. The company offers competitive benefits and a commitment to work-life balance, making it a rewarding place for those looking to make a meaningful impact in the KYC verification space.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Procurement Lead - People & Workplace in London
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Wise group.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Senior Procurement Lead - People & Workplace in London
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Wise group:Your cover letter should read like you’re chatting directly to Wise group. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Wise group.
How to prepare for a job interview at Wise group
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Wise group!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Wise group. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Wise group's culture.
