Sourcing Associate- Indirects

About the opportunity

N26’s Sourcing team seeks a supply chain professional in sourcing/procurement to support the request life cycle for non-IT procurement-related initiatives.

You'll work on the Indirects Sourcing Team. This team helps with all Sourcing projects in Marketing, Corporate and Professional Services, Banking Services, Real Estate, and Workplace Services.

The daily tasks include managing sourcing projects and contract negotiations, making sure processes and contracts are followed. Lead sourcing projects with the internal stakeholders, build and keep a good relationship with the main external partners while getting the best value for N26, and help with the daily sourcing processes as needed.

We’re looking for a positive and creative team player. You should be able to work with different groups of people, adjust to changing conditions, work hard to make projects better, build strong relationships with the partners and stakeholders, and always think about the company and our customers' best interests.

In this role, you will

• Assist in the development of global strategic sourcing opportunities through competitive bidding, proof-of-concept, demand management, supplier consolidation, and process reengineering
• Support the Category Manager(s) in making sure important internal stakeholders understand the value of working with Sourcing. This includes supporting best-in-class strategic sourcing principles and practices.
• Support a robust pipeline of sourcing projects in parallel with broader strategic projects.
• Collaborate with stakeholders across N26, as a true business partner, to achieve the following:
  • Lead sourcing events and RFXs, where appropriate
  • Negotiate and put in place supplier agreements/contracts that meet the business needs of all stakeholders, as well as the regulatory requirements, and build long-term relationships with suppliers; working closely with the category leaders, the risk and legal teams. 
  • Evaluate supplier core competencies and competitive positioning using industry cost models
  • Support the category strategy creation for the assigned category
  • Lead and/or support the baselining of your categories information (contracts, supplier portfolio, spend and category context) to build a documentation base that will set up your future work for success
  • Develop the best possible supply base for N26
  • Contribute to the review of the Sourcing policies and procedures
  • Contribute to the healthy and fun culture within the Sourcing Team
  • Learn to be an expert in our Sourcing team tools and processes

What you need to be successful:

• 5+ years of Procurement/Sourcing experience, ideally from a consulting firm, technology organization, or financial services firm.
• Strong background in running end-to-end sourcing projects, including contract negotiations, specific knowledge managing regulatory requirements counted as plus
• Solid knowledge across indirect categories 
• The ability to think and act strategically with clearly defined business objectives in mind and can-do mindset with a strong hands-on approach
• Agile, open and takes a dynamic approach to work
• Clear understanding and experience in working according to best-in-class procurement processes
• A commercial mindset, good negotiation skills 
• Relevant experience in drafting and redlining contracts.
• Data is your friend! Sufficient data analysis and financial modelling skills so as to build multiple negotiation scenarios, total cost of ownership models, consumption models, and demand forecasts, etc.
• Good skills in project and time management
• Excellent communication skills, both written and verbal, with fluency in English. Fluency in German considered as strong plus
• Experience in cross-functional stakeholder management and relationship building
• Familiarity with P2P/sourcing systems

What’s in it for you:

• Accelerate your career growth by joining one of Europe’s most talked about disruptors.

• Employee benefits that range from a competitive personal development budget, work from home budget, discounts to fitness & wellness memberships, language apps and public transportation. 

• As an N26 employee you will have access to a Premium subscription on your personal N26 bank account. As well as subscriptions for friends and family members.    

• Additional day of annual leave for each year of service.  

• A high degree of autonomy and access to cutting edge technologies - all while working with a friendly team of peers of diverse nationalities, life experiences and backgrounds. 

• A relocation package with visa support for those who need it.

Who we are

N26 has reimagined banking for today’s digital world. Technology and design empower everything we do and it’s how we are building the global banking platform the world loves to use.

We've eliminated physical branches, paperwork, and hidden fees for an elegant digital experience and supreme savings. Giving people the power to live and bank their way is what gets us out of bed in the morning and inspires the work that we do. 

We are headquartered in Berlin with offices in multiple cities across Europe, including Vienna and Barcelona, and a 1,500-strong team of more than 80 nationalities.

Sounds good? Apply now for this position.

Equal Opportunities:

We recognize that our strength lies in our people and the varied perspectives they bring to our workforce. We strive to build talented and diverse teams to drive our business success and empower our people to reach their full potential.

We genuinely welcome and encourage applications from people of all backgrounds, cultures, genders, sexual orientations, abilities, neurodiversities, and ages. We're committed to creating an inclusive workspace where everyone feels valued and respected, free from harassment and discrimination. If there's anything you need to make the application process work for you, please let us know by reaching out to candidate.exp@n26.com. 

Visit our website to learn more about Diversity, Equity, & Inclusion at N26.