Global Head of Procurement

3 weeks ago

London, United Kingdom Wise Full time
Job Description

Wise has already pioneered new ways for people to transfer money across borders and currencies. Our customers can also manage their hard-earned money with the world’s first platform to offer true multi-currency services. As our Head of Procurement, you’ll play a crucial role in taking Wise's procurement function to the next level, ensuring that our interactions with the third parties we use to support our Mission align with our strategic objectives, deliver significant value, and are conducted efficiently and effectively.

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

About you:

  • Have professionalism and high integrity.

  • Demonstrable experience in guiding and strategically developing procurement functions, ideally within the tech or fintech industries.

  • Proven expertise in negotiating contracts and running RFPs on a global scale and across multiple categories.

  • 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

#LI-NP1

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 Wise.Jobs.

Keep up to date with life at Wise by following us on LinkedIn and Instagram.

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