Head of Procurement & Supplier Management

We're making banking 10 times better.

Here at 10x Banking we believe banks are slowed down by their own legacy technology and we’re here to change that. Our community brings together banking industry knowledge with market-leading, next gen, cloud native technology required to move banking into the 21st century. As the company behind the world’s first Meta Core, 10x are motoring ahead on the journey to become the core baking platform of choice, globally.

The biggest banks around the globe use our platform to power some of the world’s most innovative financial propositions. And to do this we’re building a team that has the breadth of knowledge and experience we need to push our business forward. 

We have headquarters in London and Sydney, but our 10x teams work around the globe with employees in Europe, Australia, Asia, Africa and all over the UK and Ireland.

Join us in our mission to transform banking for customers, banks and society!  

About the role  

Procurement & Supplier Management at 10x Banking is as an exciting stage as a team.  

Bringing together supplier, competitor and industry knowledge, our team sources sustainable, commercially beneficial relationships with diverse suppliers that keep us driving forward and delivering a best-in-class service for our clients and their customers and for our own colleague experience.

This is a varied role in which you will play an essential part in sourcing new suppliers and managing our existing suppliers to ensure that the needs of the business are met. It’s a team that spans the length and breadth of the business.

About you  

We are looking for someone who has:

• Sourcing and negotiation expertise - with demonstrable experience of delivering complex sourcing programmes with cost efficiencies.
• Inspirational leadership and a track record of developing high performing teams.
• Impact and influence with senior stakeholders, up to ExCo level.
• Track record of driving performance from high value and complexity suppliers.
• An ability to shape future functional strategy and create and execute plans with cross functional teams.

You will be responsible for…  

• Managing the relationship with senior business stakeholders, up to and including ExCo, to align plans to deliver the supplier performance and a pipeline of savings and value that’s aligned to the business strategy;
• Leading the team to deliver complex end to end sourcing activity including sourcing plan, tenders (RFI/RFP), complex supplier negotiations and implement contract arrangements - to drive supplier performance and deliver successfully to our customers;
• Managing all activity in line with industry compliance standards (ISO, SOC2 etc); and
• Leading functional development initiatives, including the selection and deployment of suitable team tools (we currently use Gatekeeper), and contribute to the successful leadership of the function to deliver its overall priorities.

Requirements

Ideally you will have… 

• Previous experience in a role with exposure to Procurement and Supplier Management and an understanding of managing suppliers through all stages of the supplier lifecycle.
• Well-structured and autonomous working style, with a strong ability to prioritise and manage the workload in a fast-moving environment.
• Capable of communicating effectively with internal and external stakeholders at various levels of seniority, whilst building strong cross-functional business relationships.
• Desire to improve ways of working through an innovative and forward-thinking approach to the job.
• Experience in a tech, fintech or other fast-paced scaling company would be advantageous (but not essential).

 However...

A desire to get stuck in is more important than ticking every box on our checklist. So, if you’re interested in what we’re building and excited by our mission, get in touch anyway!

Benefits

At 10x Banking, we put our people first – we believe in empowering you to get the job done!

• 25 days of holiday in addition to Bank/Public Holidays (+ 1 day off on your birthday!) 
• 4 wellbeing days (1 additional paid day off per quarter, aimed at supporting you to maintain your personal wellbeing)
• Remote enabled working with office attendance agreed with your line manager
• Regular social gatherings and affinity groups
• Work from anywhere outside your typical working location – up to 4 weeks a year!
 
• Career progression and learning pathways
• 1 paid volunteering day a year
• Enhanced parental policies, including time off for fertility treatment
• Sabbatical leave 
• Options pool
• Private health insurance, with the option to add your family
• Pension scheme
• Public/Bank holiday swaps

• Enhanced company sick pay 
• Life Assurance 
• Income Protection 
• Subscription to Headspace wellbeing app 
• Flexible benefits via salary sacrifice
  
  

More about 10x

We are driven by the belief that whatever we do as a business has to be done in the right way. Our three core values of: Transformation, Integrity and Impact support this. 

Discover what life is like at 10x over on Instagram and find out what the company is up to on LinkedIn.

10x Ways of Working

We recognise that a better work/life balance can improve people’s motivation, performance and overall wellbeing. The Covid-19 pandemic changed a lot of things about the way we work, including the enablement of colleagues working from various locations and delivering high performance through the effective use of remote working technology.

10x is a fully ‘remote enabled’ organisation and supports agile working. This role has a minimum office attendance requirement of approx. once a week or twice a fortnight, in agreement with your line manager.

As all employees are employed on London-based contracts, commuting costs to the office are covered by employees and not by 10x.

Equal opportunities for all

At 10x we are passionate about our people and are committed to fostering a more diverse and inclusive culture. We are building a community where every 10xer can bring their authentic self to work and feel empowered to reach their full potential. Our many employee networks help amplify this vision.  

Alongside assessing technical capabilities to do the role, our assessment process will identify what you can uniquely bring to our 10x teams, and the potential you have to thrive here. Common to every role that 10xers perform, are 3 core competencies that we look for in our future 10xers – Business Impact, Change Driver & Delivery Excellence

We are committed to ensuring all job applicants are treated equally and fairly and encourage applicants of all ethnicities, race, religion, sex, sexual orientation, gender identity, family or parental status, age, neurodiversity or disability status. 

Accommodations

We recognize not everyone is the same. In fact, we embrace difference. If you require any form of accommodation during the interview process, please tell us so we can make arrangements to support. Any information that you provide will be recorded and maintained confidentially.

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