At a Glance
- Tasks: Lead procurement strategies for marketing and events, driving value and innovation.
- 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 diversity and inclusion.
- Why this job: Shape procurement processes and make a real impact on Wise's 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. Min fees. Max ease. Full speed. 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 Procurement Lead to join our Third Party Management and Procurement Team in London (UK). This role will focus on scoping and building out our Marketing & Events category. It's a unique opportunity for somebody talented looking to take the next step in their career and build out the category from scratch, 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.
- Conduct market analysis to stay ahead of industry trends and predict shifts in supply and demand.
- 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. No far away leaders in Wise, and in this role you’d be expected to take on the work yourself.
- Be part of our mission to make money without borders the new normal.
Qualifications 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: GBP68,000- GBP92,000- 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.
Procurement Lead - Marketing & Events 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.
