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Visa // credit cards
   Posted: Monday, December 09, 2019
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Company Description

As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable & secure payment network - enabling individuals, businesses, & economies to thrive. Our advanced global processing network, VisaNet, provides secure & reliable payments around the world, & is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device, & fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network & scale to reshape the future of commerce.

At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, & be part of an inclusive & diverse workplace. We are a global team of disruptors, trailblazers, innovators & risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, & doing meaningful work that brings financial literacy & digital commerce to millions of unbanked & underserved consumers.

You'rean Individual.We'rethe team for you.Together, let's transform the way the world pays.

Job Description

Key Objectives & Responsibilities:

  • Builds relationships with business partners, preparing a proactive project pipeline for the market & category specific initiatives by performing routine to moderately complex market, benchmark & spend analysis.

  • Develops regional, category & commercial models including SLA negotiation & implements solutions into the operational environment, ensuring that Visa enhances its value on activities across all business areas through supplier consolidation efforts.

  • Establishes ongoing contract & supplier relationship programs to track & measure performance, identify improvement areas, & provide 360 visibility over contract term.

  • Consults with designated business unit to understand procurement risk, defines project objectives, initiates & tracks due diligence on designated online tools. Evaluates services, delivery, execution methods & other necessary details, engaging with relevant risk stakeholders through the contracting process to minimise Visa's risk exposure.

  • Lead, facilitates & project manages local, regional, global preferred supplier selection, drafting & issuing RFx, including contract negotiations. Engages legal & other business units as necessary to achieve favourable terms on quality, delivery, service levels & price.

  • Understands & addresses the challenges of international procurement such as regulatory practices/government requirements, cross-cultural business practices, economic & political risk factors, language & communication. Evaluates & minimize risks associated with global transactions such as currency exchange rate fluctuations, duties, taxes, payment terms, lead time & country-specific market dynamics.

  • Serves as local expert to provide day to day management & accuracy of contracts repository, efficiency of P2P workflow & processes, & timely risk due diligence. Works in collaboration with operations, tracking purchase requests whilst verifying compliance with relevant policies.

  • Identifies future opportunities. Creates, implements & recommends continuous improvements or standards to simplify processes whilst minimizing risk.

  • Meets & exceeds targeted key performance indicators (savings budget, contract quality, process improvements including P2P efficiency, etc).


The preferred candidate shall have the following qualifications & capabilities:

  • Bachelors/Degree or equivalent experience, typically requires greater than 08 years of progressively responsible Procurement/Purchasing experience within a fast-paced environment, spanning the areas of strategic sourcing, category management, commercial management, contract management or procurement management..

  • Proven experience in contract negotiations & drafting required.

  • Proven ability to execute independently & operate successfully within a matrix/team structure.

  • Ability to develop new concepts to enhance the end to end sourcing process for the business (improved end-user experience).

  • Excellent planning & organization skills & business judgment, including the ability to prioritise multiple tasks/projects & anticipate the impact of decisions/initiatives.

  • Demonstrated project management skills with ability to drive consensus in cross regional & cross functional teams, as subject matter expert.

  • Excellent analytical, financial modelling & problem solving skills.

  • Excellent written & verbal communication skills, interpersonal & presentation skills & the proven ability to influence & communicate effectively.

  • Proficiency in Microsoft Office: Excel Advanced, Word, PowerPoint & Outlook;

  • Strong proficiency in purchasing systems & organizational interfaces (including, Ariba, Oracle & Risk management tools).

  • Candidate must take a business solutions approach, be seen as a business partner, self-motivated, & a strong team player, able to lead matrix teams.

  • Previous procurement experience managing complex relationships, including international agreements & outsourcing highly preferred.

  • Entrepreneurial mind-set & approach to problem solving.

  • Ability to interact effectively with external partners including suppliers & clients

Additional Information

As a member of the AP Sourcing Procurement Operations team, the candidate will be a leader within a key operational pillar, Procurement Operations, as part of the ongoing operational transformation within the function. This role will ensure the new Ariba Guided Buying platform will operate effectively & deliver the intended benefits to the users. Being a team leader it also allows the candidate for great learning & execution of strong leadership skills & other career development opportunities.

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