Senior Sourcing Specialist

  • Full-time

Company Description

Fascinated by the future and captivated by technology?

Smart, driven and want to make a difference in the world?

You’ll fit right in.

Join a diverse team at Visa, where your individuality fits right in. We can provide the opportunity to shape the payments experience globally. Together, let’s transform the way the world pays.

Think you know us?

Our mission is to connect the world through the most innovative, reliable and secure digital payment network that enables individuals, businesses and economies to thrive.

Individuality fuels our brand and our global team – we’re proud that we are a talented team of 15,000 individuals with unique backgrounds, perspectives and experiences. Therefore, we understand that you are much more than your day job. We encourage quality of life outside of the office, whether it’s taking advantage of agile work schedules or our wellness programs, Visa respects and encourages meaningful work/life balance for everyone. In addition, we offer market leading salary and have a fantastic benefits offering.

So, if you’re not satisfied with the status quo, we can satisfy your desire to explore new territory, giving you the runway to really make an impact, whilst connecting you with teams around the world in a truly inclusive culture that celebrates our uniqueness.

Job Description

Accountable for providing sourcing and procurement support to the Technology function Europe while working with Global Sourcing to assist senior management to effectively and efficiently manage expenditure with suppliers to achieve their strategic business goals. This will include supporting the business in determining and managing the sourcing strategy for a designated range of categories of expenditure and providing commercial leadership in all sourcing related activities and procurement processes for those categories.

Responsibilities:

  • Engage with stakeholders to understand business requirements and to define and implement the category strategy, plans and processes for sourcing goods and services Act as a business partner to a key division within Europe, performing as an integral part of the divisional leadership team, helping to formulate sourcing strategies which support the business goals and assisting with any strategic decision making that requires procurement input.
  • Act as a business partner to a key function within Europe, performing as an integral part of the divisional leadership team, helping to formulate sourcing strategies which support the business goals and assisting with any strategic decision making that requires procurement input.
  • Maintain a detailed knowledge and understanding of the functions business drivers and have a comprehensive understanding of how this fits into the overall Visa business strategy.
  • Advise the function on procurement policies, processes and best practice, providing support as required.
  • Lead the planning and prioritisation activities of the categories to ensure that the most important opportunities in terms of business needs, cost savings and risk mitigation are delivered and that the right priorities are selected.
  • Lead and drive key sourcing activities for major corporate or divisional projects ensuring that they are delivered on time and to budget with appropriate risk management.
  • Work with Europe & Global to identify opportunities for consolidation of business requirements across Visa and managing integration of stakeholder needs through engagement.
  • Support Tactical Buying across Technology
  • Develop and maintain long-term relationships with key existing strategic suppliers and identify potential new partners within categories of responsibility.
  • Manage and ensure compliance to Visa’s sourcing process, acting as a champion and internal consultant for each stage in the process.
  • Develop category strategies, plans, sourcing pipelines and savings in-conjunction with Global
  • Ensure compliance with procurement policy and process, challenging non-compliant areas of the division as required.
  • Work with Finance Business partners throughout budget setting process ensuring alignment to the category sourcing pipeline
  • Own, manage and track cost savings targets
  • Coach and develop the Sourcing Specialist to drive a high performance culture, motivating and inspiring the team to deliver and exceed against performance objectives
  • Develop relationships with Global Procurement counterparts ensuring alignment with the Global procurement strategy

Qualifications

  • Educated to degree level, ideally in a business or legal discipline
  • Postgraduate procurement accreditation preferred (MCIPS or MIIAPS)
  • Extensive sourcing experience in complex markets, preferably in the Financial Services sector
  • Proven track record in relevant categories, with comparable levels of spend and complexity
  • Proven capability in negotiating complex sourcing deals with many non-price variables
  • High levels of subject matter expertise, with deep market and supplier knowledge
  • Good supplier and contract management experience required
  • Demonstrable influencing skills and senior stakeholder management (with credibility up to CxO level)
  • Excellent team leadership and communication skills
  • Good procurement transformation experience and change leadership capability
  • Energy, pace and an impeccable  track record of delivery

Additional Information

Training & Development:

Visa are committed to your professional development and growth.  Our Europe Finance (London) has received both trainee and professional accreditation from ACCA and CIMA.

These accreditations recognise Visa Europe’s high standards of staff training and development. As such we want to ensure our new hires are aware of the opportunities to them, as well as the on-going support they will receive.

Trainees and Professional Qualified Individuals can take advantage of the following to support their career development:

  • Wide range of learning opportunities offered by Visa to employees
  • Supported learning through ACCA and CIMA
  • Simplified CPD and performance objective sign off
  • Dedicated assistance when needed from the Professional bodies
  • Discounted prices on a range of qualifications and support

Diversity & Inclusion

Universal acceptance for everyone, everywhere, is not only our brand promise, it’s the foundation of our company culture. We foster a feeling of connectedness in the workplace, support diversity of thought, culture and background, fight for important initiatives like Equal Pay and actively work to eliminate unconscious biases that hold us all back.

By leveraging the diverse backgrounds and perspectives of our worldwide teams, Visa is a better place to work and a better business partner to our clients.

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