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 lives 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 and what we offer.

About the Procurement Specialist role:

The Procurement Specialist is the intermediate-level role of the Wise TPM team. Specialists are the backbone of third party management in Wise, especially when it comes to vendor selection and negotiations. They oversee the full lifecycle management of the third party portfolio belonging to them. This includes managing negotiations, stakeholders, elements of risk, and projects related to vendors. Specialists are independently responsible for managing the vendor strategy, and are able to advise stakeholders relevant on that scope. Specialists work in close collaboration with all departments in defining key objectives for the full domain, and are able to influence strategic plans using their expertise in their field. Acting as the first line in the relationship between Wise and its third parties, the Procurement Specialists are crucial in making sure Wise’s global and regional objectives are properly reflected in how we work with our vendors. 
 

What you’ll be doing as a Procurement Specialist:

Vendor Negotiations

• Lead and manage negotiations with third parties on behalf of Wise.

• Identify optimisation opportunities with third parties to improve Wise operations.

• Develop and execute strategies with internal stakeholders for complex negotiations to achieve optimal commercial and operation outcomes for the company.

Project Collaboration

• Collaborate with Wisers to work on complex projects, contributing your expertise and skills to achieve project goals.

• Work together with Senior Specialists and the TPM Lead in defining key objectives, and plans for the third party portfolio of the relevant domain.

• Understand and assist in addressing Risk-related challenges for third parties, in cooperation with the TPRM team.

Relationship Building

• Recognise the importance of building effective relationships within the team, with vendors and across the organisation. Foster strong connections to enhance collaboration, growth, provide assistance, and share critical information

• Act as an advisory to internal stakeholders, based on market knowledge, procurement processes, and your specific expertise

• Independently lead communication with partners, fostering effective dialogue between internal and external stakeholders; adeptly handle challenging discussions with professionalism and empathy.

Sourcing and RFPs

• Conduct market research and deepen understanding of relevant products to propose potential solutions and contribute to strategic decision-making.

• Work together with internal stakeholders to create RFP requirements and documents. 

• Manage the overall Requests for Proposals (RFPs) process and advise stakeholders on best practices.

Process Improvement

• Proactively identify opportunities for process enhancement both within and outside of the Procurement team scope, and propose innovative solutions to improve group-wide processes, ultimately enhancing operational efficiency.

• Continuously evaluate and improve the procurement process, leveraging best practices and lessons learned from past negotiations.

You are the perfect fit if you have:

• Previous Procurement/vendor management related experience.

• A good commercial acumen. 

• Demonstrated ability to communicate, present and influence credibly and effectively at all levels of the organisation.

• Excellent time and project management skills.

• Good client relationship and communication skills.

• A "can do" attitude and a passion to tackle challenges.

Nice to have skills : 

• Applied contract negotiations skills 

• Contract management experience

• Advanced data analytical skills

A bit about our team and how you’ll be fitting right;

As seen above, this role can be quite diverse, hence we’re looking for someone who would thrive in that environment, someone who is happy to jump into the next challenge every week, month or quarter. Great ownership attitude with time management skills is indeed needed. 

In return, we’ll make sure that you’ll have a like-minded and supportive team around you, where you can be confident in working independently in a fast paced environment. 

We’re looking for someone who never gets settled and keeps giving feedback to the team on the procedures we have built. If you have an idea on how to do things in a better way, we guarantee that you’ll be heard! Our team covers many areas all across the company, meaning that you will have a chance to explore and develop yourself in the directions you prefer. 

Starting salary: 2650 EUR gross per month. (+RSUs)

• Numerous great benefits in our Tallinn/Budapest office 

Key benefits:

• Flexible working - whether it’s working from home, school plays or life admin we get that flexibility is essential and you’re trusted to do the right thing and be responsible

• Paid annual holiday, sick days, parental leave and other leave opportunities

• 6 weeks of paid sabbatical after 4 years at Wise on top of annual leave

If you're interested in the position, please apply the latest by May 15th by submitting your CV and Cover Letter. In your cover letter, please answer the following questions: 

• How did you hear about this job?

• Had you heard of Wise before you started your job search?

• Have you used Wise as a customer?

• Based on the job description of Procurement at Wise, think about some of the challenges we may potentially face. Picture and discuss what could be one significant challenge that may be faced by the Procurement Team. Please provide a brief explanation for this challenge and suggest potential strategies or approaches to mitigate this challenge.

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.

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