Global Head of Procurement

Posted 9 Hours Ago
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London, Greater London, England
Hybrid
Senior level
Fintech • Mobile • Payments • Software • Financial Services
Wise is one of the fastest growing Fintechs in the world and we’re on a mission to make money without borders a new norm
The Role
As the Global Head of Procurement at Wise, you will lead the procurement function, negotiate contracts, and align procurement strategies with business objectives. Your role involves collaborating with cross-functional teams, managing vendor relationships, and ensuring compliance with regulatory standards to add value to the organization.
Summary Generated by Built In

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 life 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 our mission.

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.

The Company
HQ: Austin, TX
6,000 Employees
Hybrid Workplace
Year Founded: 2011

What We Do

We’re making a positive, irreversible change in the world of finance. Together.

People on every continent around the world are choosing Wise to help them live, travel and work internationally. We’re the fairest, easiest way to send money overseas.

Built by and for people who live global lives, we make sending money abroad up to 8 times cheaper than the bank. This is money without borders - instant, convenient, transparent and eventually free.

For our customers, using Wise is as simple as sending money from A to B, but behind our app and website is a complex engine of currencies and routes, that’s being designed, built and powered by our talented teams in cities around the world.

We’re just at the beginning of our story and we’re growing at an incredible pace. We won’t stop until anyone, anywhere can send, spend and receive money wherever they are, whatever they’re doing. There’s still heaps to do and we can’t do it alone.

Why Work With Us

We are a mission-driven company, looking to change banking for the better. Current banking systems don’t let us send, spend or receive money across borders easily. Or quickly. Or cheaply. So, we’re building a new one. If you're looking for an autonomous work environment, where you'll face cool challenges, learn and grow, you'll like working at Wise

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WISE Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Here at Wise we have a hybrid working model – a mix of working from home and from the office. Wisers can also work remotely for 90 days a year. By ‘remote’ we don’t just mean from home, but from wherever in the world you choose to!

Typical time on-site: 2 days a week
London, GB

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