Supply Chain Senior Sourcing Analyst – Asst Vice President
As a Supply Chain Senior Sourcing Analyst within Citi's Procurement and Third Party Risk Management Organization, you will become a member of a high-performing Sourcing and Procurement team that identifies and leads strategic sourcing and contracting initiatives focused on the Software and IT Professional Services expense categories. The successful candidate will have experience leading sourcing initiatives and negotiating contracts across IT products and services, in particular for Software and IT Professional Services in a complex multinational organization. The overall objective of this role is to acquire Technology goods and services requested by company personnel in support of the company's Functions Technology & IT organizations.
Responsibilities include, but are not limited to:
Establish strong relationships with internal business / IT functional stakeholders; build a strong understanding of strategic business direction, requirements and priorities across assigned projects, suppliers and/or spend categories.Develop and maintain a comprehensive understanding of Citi's policies and procedures related to supplier selection, contracting and ongoing management, ensuring all requirements are met and documented throughout the end-to-end process.Develop and manage RFP processes to support business, category and project strategies.Perform financial analysis including demand scenario modeling, P&L impact analysis and benchmark comparisons to support supplier selection and negotiation processes.Develop, lead and/or manage a portfolio of initiatives across the end-to-end sourcing and contracting process.Lead the development and execution of negotiation strategies for assigned projects.Lead contract negotiations, partnering with Legal and business function, to optimize overall value including financial outcomes, service levels and risk mitigation.Manage supplier relationships with a focus on quality, service, delivery, risk and cost.Qualifications:
5 years of previous Sourcing, Contracting and/or Business-related experience; significant experience required in the sourcing of Technology services.Knowledge and experience with Procurement applications (e.g. eRFx, eAuction, P2P).Experience working in a large, global, highly matrixed organization.Financial Services industry experience is a plus.Proven track record of leading sourcing and contracting initiatives.Excellent organizational, analytical, and time-management skills.Excellent interpersonal, communication, presentation, and negotiation skills.Strong financial modeling and deal structuring skills.Takes initiative and has the ability to effectively organize, multi-task and prioritize a wide array of initiatives.Aptitude for innovation.High integrity and ethics.Education:
- Bachelor's or equivalent degree from an accredited College or University; MA/MBA preferred.
Job Family Group: Corporate Services
Job Family: Supply Chain
Time Type: Full time
Primary Location:
Primary Location Full Time Salary Range: $79,120.00 – $118,680.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date: Oct 09, 2024
Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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