Senior Procurement Lead - Outsourcing

Location: Global

Team: General

About the Role

Wise is a global technology company revolutionizing the way people and businesses move and manage money across borders with minimal fees and maximum ease. We're seeking a Senior Procurement Lead - Outsourcing to join our Third Party Management and Procurement Team in London, focusing on major servicing subcategories. This role offers a unique chance to leverage your entrepreneurial and commercial expertise in a fast-paced, listed company, ensuring our key outsourcing deals deliver optimal value while advancing Wise’s mission of money without borders. Your mission is to enable, protect, and empower Wise by developing long-term procurement strategies aligned with business objectives, building stakeholder relationships, driving cost reductions, managing supplier lifecycles, mitigating risks, and promoting sustainable practices. You'll lead supplier performance initiatives, implement innovative technologies, mentor team members, and ensure compliance, all while enjoying high ownership and hands-on impact from day one. Join us to choose your path to impact, work collaboratively in a diverse and inclusive environment, and contribute to making international money movement seamless for everyone, everywhere.

Key Responsibilities

• Develop and execute long-term procurement strategies that align with Wise's business objectives, including market analysis
• Proactively build and maintain robust relationships with stakeholders and facilitate cross-departmental meetings
• Lead efforts to achieve cost reductions and optimisation of spend across outsourcing categories
• Evaluate and support selection of suppliers, manage onboarding, relationship management, and offboarding
• Monitor and evaluate third-party relationships, identify consolidation opportunities, renegotiate contracts, or initiate RFPs
• Develop and implement supplier performance metrics and scorecards, lead supplier improvement initiatives
• Assist in risk mitigation strategies, stay informed on supply chain disruptions, political and economic environments
• Advocate for sustainable and ethical sourcing, implement procurement technologies and automation
• Mentor and develop procurement team members, ensure compliance with policies and regulations

Required Qualifications

• Experience in leading and developing commercial strategies within the financial services or fintech industry
• Proven track record of delivering and exceeding commercial targets
• Excellent communication skills with the ability to build relationships and work collaboratively across different teams
• Ability to advise, manage and report risks effectively, providing practical solutions to mitigate them
• Project management skills, with the ability to manage multiple initiatives simultaneously
• A get-it-done, collaborative approach to problem-solving

Preferred Qualifications

• Experience in major outsourcing services at a global scale

Required Skills

• Commercial strategy development
• Stakeholder relationship management
• Cost optimisation and financial analysis
• Supplier evaluation and management
• Risk assessment and mitigation
• Market analysis and sourcing tools
• Project management
• Contract negotiation and RFPs
• Performance metrics and scorecards
• Procurement automation and technology

Benefits

• RSUs (stock options)
• Flexible working
• Parental leave
• Learning budget
• Paid sabbatical after 4 years
• Health insurance
• Company retreat
• Wise card

Wise is an equal opportunity employer committed to building a diverse workforce.