Description
We are looking for a Senior Procurement Manager - Professional Services to join our Third Party Management and Procurement Team in Budapest. This role will focus on driving the Professional Services category, including spend categories such as consultancy, legal, and subscriptions.
Your mission is to enable, protect, and empower the business and people of Wise by ensuring Wise's Professional Service deals enable our commercial objectives, flow through frictionless processes, and deliver the best value for money.
Key responsibilities:
- Execution of procurement strategies and conduct market research to support the team in understanding industry trends and supply/demand shifts.
- Building and maintenance of effective relationships with internal stakeholders and assist in preparing for cross-departmental alignment meetings.
- Manage cost reduction and spend optimization efforts by providing analytical and financial support and bringing to bear on your allocated sourcing projects.
- Coordinate the evaluation and selection of suppliers by gathering data and applying established criteria for quality, price, and reliability.
- Analysing contract and spend data to identify consolidation opportunities and the preparation of documents for contract renegotiations or new Requests for Proposal (RFPs).
- Research and stay informed on sustainable and ethical sourcing initiatives to help ensure compliance with relevant standards and regulations.
- Support the implementation of new procurement technologies and automation tools to enhance process efficiency and reduce manual tasks.
- Actively participate in learning and development opportunities, and contribute to a culture of continuous improvement within the procurement team.
- Ensure personal procurement activities comply with internal policies, legal requirements, and industry regulations, promoting integrity and transparency.
- Keep up to date with industry best practices and contribute ideas for improving Wise's procurement processes.
This role will give you the opportunity to:
- Choose your path to impact and take ownership from day one.
- Be extremely hands-on and hold yourself accountable for outcomes.
- Be part of our mission to make money without borders the new normal.
Qualifications:
- Established experience in forming commercial strategies, ideally within the financial services or fintech industry.
- Strong experience in Procurement-related process execution, running and scoring RFPs, holding negotiations directly with suppliers.
- Able to demonstrate a project management skillset which is needed for the delivery of strategic sourcing projects.
- Demonstrated ability to personally contribute to achieving commercial targets.
- Excellent communication skills with the ability to collaborate effectively across different teams.
- Foundational understanding of risk management, with the ability to identify and flag potential risks.
- Familiarity or willingness to learn sourcing tools, market analysis, and end-to-end procurement processes.
- Ability to clearly communicate information and present scenarios to different stakeholders.
- Strong organizational skills to manage tasks and contribute to multiple initiatives simultaneously.
- A proactive, collaborative, and results-oriented approach to problem-solving.