Strategic Sourcing Manager

Sr. Manager, Indirect Strategic Sourcing | Procurement | London, UK

£80,000 PA | Initial 3-month contract with potential to go perm

Are you ready to write your next chapter? Make your mark at one of the biggest names in payments. With proven technology, we process the largest volume of payments in the world, driving the global economy every day. We are a global community of experts and changemakers, working to reinvent an industry by constantly evolving how we work and making the way millions of people pay easier, every day.

We stay curious, always asking the right questions to be better every day, finding creative solutions to simplify the complex. We’re dynamic and is empowered to make the right decisions for their customers. And we’re determined, always staying open – winning and failing as one.

We’re looking for a Sr. Manager, Indirect Strategic Sourcing to join our ever-evolving Procurement team to help us unleash the potential of every business.

About the team

The procurement team brings focused expertise and drives a culture of spending discipline for strategic vendors/categories (highly critical to current and future business operations) via the employment of efficient, effective, and best in class strategic sourcing, contract management, negotiation, and supplier management practices. They serve as a central point of contact for indirect strategic suppliers for goods and services supporting our operations and growth trajectory in the marketplace.

What you’ll own

The Senior Manager, Indirect Strategic Sourcing will report to the Senior Director, Strategic Sourcing in London and requires competency in customer focus, change, innovation, strategic thinking, relationship building, and influencing, with results focus to not only meet, but exceed expectations including cost reduction and risk mitigation. This position will serve as an individual contributor across a growing strategic sourcing team and comfortable working in an ambiguous environment as we plan and build a world class procurement organization supporting a financial technology services company experiencing rapid growth.

• Competitively source indirect spend through engagement of strategic suppliers and application of industry knowledge. This may include, but not limited to marketing services, events, software subscriptions, advertising, human resources, learning and development, professional services, etc.
• Drafting, negotiating, project manage and executing contractual documents including but not limited to non-disclosure agreements, master service agreements, statements of work, sales orders, letter of intent agreements, and purchase orders.
• Experience developing commodity and services-based sourcing materials including but not limited to RFIs/RFPs, playbooks, templates, best practices, and market research to use for team sourcing events and internal knowledge sharing and team development.
• Supplier management - supporting the evolution of supplier management through supplier scorecard development and supplier quarterly business reporting.
• Liaise with non-technical business personnel and department leaders to understand and source functional and financial requirements with current and/or prospective suppliers.
• Summarize and present business cases and agreements for executive review and approval.

What you bring

• Bachelor’s degree in business administration or the equivalent combination of education, training, or work experience.
• Advanced key procurement skills: development and management of category strategies; RFP / RFI development, contract negotiations, strategic sourcing, management of supplier relationship lifecycle, understanding of risk mitigation principles, and understanding of various cost evaluation methods (TCO, ROI, Payback Period, etc.)
• Experience sourcing primarily indirect non-technology products and services.
• Extensive experience managing Business Requirements, Project Plans, Project Schedules, and associated project materials in a mid to large size company.
• Advanced contracting skills – knowledge of contracting principles, laws, regulations, and industry standards.
• Outstanding written and verbal communication skills, able to communicate information clearly and concisely at multiple levels, adapting easily to change. Capable of effective executive management presentations / communications.

We take our Values seriously, and we live them every day. Think like a customer, Act like an owner, and Win as a team.

• Curious. Humble. Creative. We ask the right questions, listening and learning to get better every day. We simplify the complex and we’re always looking to create a bigger impact for our colleagues and customers.
• Empowered. Accountable. Dynamic. We stay agile, using our initiative, taking calculated risks to progress. Never standing still, never settling, we work at pace to achieve our goals. We champion our ideas and stay flexible to make them happen. We know that every action adds up.
• Determined. Inclusive. Open. Unlocking potential means working as one global community. Our work spans borders, and we stay united by our purpose. We collaborate, always encouraging others to perform at their best, welcoming new perspectives.