Procurement Sourcing Manager

Requisition ID: 202604243 Location: Madrid, Community of Madrid, Spain Employment Type: Full time

Description

WTW Procurement is seeking an experienced Sourcing Manager to lead and execute procurement activities across Spain and Portugal. This role is responsible for driving value delivery, ensuring supplier performance, and supporting operational excellence across multiple categories. You will work in close partnership with Italian business stakeholders and collaborate extensively with Procurement teams in the UK, US, France, Germany and Mumbai. Key responsibilities include developing sourcing strategies, managing supplier relationships, identifying and mitigating risks, and ensuring full compliance with WTW policies and relevant Portugal/EU regulatory requirements.

The successful candidate will bring strong commercial acumen, strategic thinking, and excellent negotiation and stakeholder-management skills. You will have demonstrable Category Management experience, including spend analysis, contract analysis, and the ability to build and execute category plans and pipelines. Proficiency with Ariba Sourcing and Contract modules is essential. Category expertise in at least one of the following - IT, Professional Services, or Facilities Services is highly desirable.

Key Responsibilities

Strategic Sourcing & Category Management

• Partner with business leaders to understand future demand, upcoming initiatives, and project pipelines.

• Facilitate cross-functional alignment to ensure sourcing strategies reflect business needs.

• Translate business requirements into clear sourcing plans and category opportunities.

• Lead complex RFPs, RFIs and negotiations across Spain and Portugal and the wider EU region.

• Conduct internal and external benchmarking to identify value opportunities and commercial gaps.

Supplier Management

• Build and maintain strong relationships with key suppliers to ensure delivery, innovation, and performance.

• Lead Supplier Performance Management activities, including QBRs, scorecards, corrective actions, and risk mitigation (as required).

• Drive supplier consolidation, rationalisation, and continuous improvement initiatives.

Contracting & Compliance

• Work closely with Legal, Finance and Compliance on contract drafting, renewals, and commercial risk mitigation.

• Negotiate and manage contracts in accordance with WTW Procurement policy and Italian/EU regulatory requirements.

• Ensure all procurement activities comply with ESG, risk management, and governance standards.

Stakeholder Engagement

• Act as the primary procurement partner for Spain and Portugal business units, providing commercial insights and strategic guidance.

• Build strong cross-functional relationships with Operations, Finance, HR, IT, and Legal teams.

• Present sourcing plans, savings updates, and supplier performance insights to senior management.

• Represent Procurement in regional governance forums or audits.

Financial & Operational Performance

• Own savings pipeline management for assigned categories.

• Deliver measurable savings, cost avoidance, and value improvements.

• Track and report procurement KPIs, budgets, and financial benefits.

• Drive process optimisation, digital procurement tools and automation.

Qualifications

Required Experience & Skills

Essential

• 7+ years of procurement experience, ideally within Financial and Insurance sectors within a multinational environment.

• Strong knowledge of German commercial law and EU procurement regulations.

• Proven negotiation and contract management skills.

• Fluent in Spain, Portuguese and English (business proficiency).

• Strong stakeholder management and communication skills.

• Analytical mindset with strong financial and commercial understanding.

Preferred

• Experience in indirect procurement category spend (e.g., IT, Professional Services, Facilities, HR services).

• Knowledge of procurement systems (Ariba, Oracle, etc.).

• Professional certification (CIPS, CPSM, or equivalent).

• Experience working in a matrix organisation.

Personal Attributes

• Proactive and solutions-oriented

• Strong sense of ownership and accountability

• Ability to work independently and manage multiple priorities

• High ethical standards and integrity

• Collaborative and team-focused mindset

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@willistowerswatson.com.