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- Tasks: Lead procurement strategies and negotiate contracts to optimise supplier relationships.
- Company: Wise is a global tech company revolutionising how money is moved and managed worldwide.
- Benefits: Enjoy a diverse, inclusive culture with opportunities for growth and remote work options.
- Why this job: Join a mission-driven team focused on making financial transactions easier and more affordable for everyone.
- Qualifications: Experience in procurement within tech or fintech, strong negotiation skills, and project management expertise required.
- Other info: Be part of a truly international team that values diversity and empowers every member.
The predicted salary is between 43200 - 72000 £ per year.
Company Description
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.
As part of our team, you will be helping us create an entirely new network for the world\’s money.
For everyone, everywhere.
More about and .
Job Description
About the Team:
Our team focuses on four key areas: Third Party Risk Management, Vendor Management, IntraCompany Services Management, and Procurement. As the Head of Procurement, you will lead the procurement team and function effectively as a bridge between these teams and the different departments in Wise, to optimise how we engage, negotiate, and manage third-party resources globally. This includes working with stakeholders across various specialties, and globally to consolidate how we deal with, negotiate, manage the risks, and overall align our practices to the strategic objectives of the teams and Wise.
About the role:
Lead and strategically develop Wise\’s procurement function, ensuring alignment with our broader business goals.
Negotiate contracts and service agreements to secure optimal terms with suppliers that align with Wise’s mission and strategic needs.
Identify opportunities for consolidation, renegotiation, or initiation of new proposals (RFPs) to drive efficiency and cost-effectiveness across the business.
Collaborate with cross-functional teams, such as Legal, Privacy, Security, and Compliance, to ensure procurement activities adhere to regulatory and internal policies.
Support the Third Party Risk team in the implementation of their controls across the vendor selection and tender processes.
Support and enhance existing procurement processes to facilitate the smooth onboarding, relationship management, and offboarding of third-party suppliers.
Provide strategic direction and oversight across Wise to ensure every third-party relationship adds tangible value to our company and customers, and across each category to assure the best utilisation of resources and mitigation of risks.
Qualifications
Proven expertise in negotiating contracts and running RFPs on a global scale and across multiple categories, ideally technology.
Strong understanding of third-party regulations and ability to integrate with compliance requirements.
Exceptional people skills with a track record of influencing teams to achieve shared goals.
Ability to work hands-on. While there will be a chance of growing a team, this is not a role where you can simply deliver impact through a large team, but be ready to deliver value directly.
Ability to manage complex projects and communicate effectively across diverse teams.
Experience in fast-growing environments, balancing the need for governance with the dynamics of rapid growth and scaling.
Collaborative problem-solver with a proactive approach to overcoming challenges.
Ability to manage multiple projects efficiently, demonstrating organisational prowess and prioritisation skills.
Developed and implemented a 7 step category sourcing strategy
Ability to demonstrate a model that evaluates vendor relationship vs vendor risk.
Demonstrated experience in finance planning related to vendor management, including budgeting, forecasting, and cost reconciliation.
Demonstrated examples of development and installation of a procurement process and policy within a global organisation.
Additional Information
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.
If you want to find out more about what it\’s like to work at Wise visit .
Keep up to date with life at Wise by following us on and .
Contact Detail:
Wise Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Head of Procurement
✨Tip Number 1
Familiarise yourself with Wise's mission and values. Understanding how they aim to make money management easier for everyone will help you align your approach during interviews and discussions, showcasing your commitment to their goals.
✨Tip Number 2
Network with professionals in the fintech and tech procurement space. Attend industry events or join relevant online forums to connect with others who may have insights into Wise's culture and expectations, giving you an edge in your application.
✨Tip Number 3
Prepare to discuss specific examples of your past procurement successes, especially in fast-growing environments. Highlighting your ability to manage complex projects and negotiate effectively will demonstrate your fit for the role.
✨Tip Number 4
Research current trends in third-party risk management and vendor relations. Being knowledgeable about the latest regulations and best practices will show that you're proactive and ready to contribute to Wise's procurement function from day one.
We think you need these skills to ace Global Head of Procurement
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Global Head of Procurement position at Wise. Tailor your application to highlight how your experience aligns with their needs.
Craft a Compelling CV: Your CV should clearly showcase your experience in procurement, particularly within tech or fintech industries. Highlight specific achievements in negotiating contracts, managing vendor relationships, and implementing procurement processes.
Write a Strong Cover Letter: In your cover letter, express your passion for Wise's mission and how your skills can contribute to their goals. Use specific examples from your past experiences that demonstrate your ability to lead procurement functions and manage complex projects.
Highlight Relevant Skills: Make sure to emphasise your people skills, project management abilities, and experience with third-party regulations. These are crucial for the role and should be evident throughout your application materials.
How to prepare for a job interview at Wise
✨Understand the Company’s Mission
Before your interview, make sure you fully grasp Wise's mission to make money management easier and more cost-effective. Be prepared to discuss how your procurement strategies can align with this mission and contribute to their goals.
✨Showcase Your Negotiation Skills
As a Global Head of Procurement, your ability to negotiate contracts is crucial. Prepare examples of past negotiations where you secured optimal terms for your company, especially in tech or fintech sectors, and be ready to discuss your approach.
✨Highlight Cross-Functional Collaboration
Wise values collaboration across various teams. Be ready to share experiences where you successfully worked with legal, compliance, or risk management teams to enhance procurement processes and ensure adherence to regulations.
✨Demonstrate Your Project Management Expertise
Given the complexity of the role, illustrate your project management skills by discussing how you've managed multiple projects simultaneously. Highlight your organisational skills and how you prioritise tasks to meet deadlines effectively.
