Citigroup, Inc

Supply Chain/Procurement Sourcing Technology Analyst-Vice President

Citigroup, Inc$120K — $170K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6-10 years of Technology Sourcing experience
  • Certified Purchase Professional (CPM or CIPS) preferred
  • Experience in sourcing within a large, multi-national organization
  • Leading strategic sourcing programs expertise
  • Complex deal structuring and negotiation skills
  • Advanced skills in Microsoft Excel
  • Familiarity with ERP systems and eProcurement tools (e.g., Oracle, eAuction)

Responsibilities

  • Oversee sourcing and supply base strategy, developing applicable standards and policies.
  • Lead key sourcing projects and manage supplier onboarding and services.
  • Conduct sourcing and contracting activities, ensuring all necessary risk processes are in place.
  • Leverage Central Sourcing team as an individual contributor.
  • Participate in global category forums to maintain sourcing processes.
  • Develop market analyses to support category strategy development.
  • Perform financial modeling and execute negotiation strategies for multi-year deals.

Benefits

  • Full-time position
  • Opportunities for career advancement
  • Networking in global category forums
  • Engagement with senior stakeholders
  • Support from a Central Sourcing team
Full Job Description
The Supply Chain/Procurement Sourcing Technology Analyst is responsible for leading Technology procurement and sourcing activities such as the negotiation of terms of price, quantity and delivery, analyzing comparable suppliers and agreeing on contracts in coordination with Citi Businesses.

Responsibilities:
  • Oversee sourcing and supply base strategy, develop standards, policies, targets, and category strategies as well as coordinate the sourcing process for the various products and services within the procurement group.
  • Lead and execute on key sourcing projects including new supplier onboardings, incremental services with existing services. Conduct key sourcing and contracting activities such as competitive events, master contract reviews, schedules and statement or work review. Ensure all approvals and risk processes are completed.
  • Individual contributor role but will be responsible for leveraging Central Sourcing team.
  • Lead and/or participate in global category forums maintaining high level sourcing processes and team
  • Develop and/or implement market analyses/benchmarking processes and leverage key insights to inform and support the category strategy development process
  • Perform financial modeling and lead development and execution of negotiation strategies for high-value and complex multi-year deals
  • Set strategic direction with suppliers, establish supplier qualification criteria, develop contract requirements and master agreements, model total cost of ownership, and negotiate and manage contracts
  • Develop strategies for sourcing, supplier management, negotiation, productivity, and customer and supplier relationships
  • Has the ability to operate with a limited level of direct supervision.
  • Can exercise independence of judgement and autonomy.
  • Acts as SME to senior stakeholders and /or other team members.

Qualifications:
  • 6-10 years of Technology Sourcing experience
  • Certified Purchase Professional such as CPM or CIPS preferred
  • Experience in sourcing or procurement in a large, multi-national organization
  • Experience in leading strategic sourcing programs
  • Experience in complex deal structuring, negotiations, and contracting
  • Advanced computer skills with a focus on Microsoft Excel
  • Knowledge of Enterprise Resource Planning (ERP) systems and eProcurement tools (e.g Oracle, Procure-to-Pay, eAuction, eRFx)
  • Demonstrated strategic sourcing/procurement, stakeholder management, relationship management, and influencing skills

Education:
  • Bachelor's degree/University degree or equivalent experience
  • Master's degree preferred


Job Family Group:
Corporate Services

Job Family:
Supply Chain

Time Type:
Full time

Primary Location Full Time Salary Range:
$120,800.00 - $170,800.00

Most Relevant Skills
Please see the requirements listed above.

Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

This job opening is for an existing job vacancy.

About Citigroup, Inc

Citigroup is a financial services holding company that provides financial products and services. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. The ICG segment offers various banking, and financial products and services to corporate, institutional, public sector, and high-net-worth clients. This segment provides wholesale banking products and services, including fixed-income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed-income research, corporate lending, investment banking, and advisory services, private banking, cash management, trade finance, and securities services. Citi is committed to sustainability and social responsibility, and the company invests in initiatives that promote economic progress.

Citigroup, Inc Careers

Join the vibrant team at Citigroup, Inc, a leading global bank, and propel your career into the future. Citigroup offers a plethora of job opportunities that span across various fields and expertise, making it an ideal place for ambitious professionals to thrive.

Work You’ll Do

At Citigroup, Inc, you will engage in exciting work that matters. Join our team to help innovate and drive transformation in the banking industry. With Citigroup, you can lead initiatives that redefine how banking works and how financial services can empower people globally.

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Citigroup, Inc is at the forefront of financial innovation and leadership. By joining our team, you will work alongside top professionals to develop solutions that enhance customer experiences and operational efficiency. Our commitment to innovation is fundamental, and we encourage our team to push boundaries and think outside the box.

Grow Your Career

Citigroup, Inc is not just a company; it's a place where you can grow both professionally and personally. We offer robust career paths and professional development opportunities that help you reach your potential. With diverse career tracks and the support of leadership, your growth at Citigroup is limitless.

Diversity and Inclusion

We believe our strength comes from the diversity of our team. Citigroup, Inc is dedicated to fostering an inclusive workplace where everyone can contribute their best work. Through diversity training and a culture that embraces differences, we create a welcoming environment for all employees.

Benefits and Culture

Citigroup, Inc values the well-being of its employees. We offer competitive benefits packages that support the health, finance, and lifestyle of our team members. Our culture is built on collaboration, respect, and a commitment to excellence. We ensure that every team member feels valued and part of our global family.

Internship and Employment Opportunities

Start your professional journey with Citigroup through our internship programs or full-time job opportunities. We are constantly hiring fresh talent and seasoned experts who bring creativity and innovation to our team. Whether you're refining your skills or ready to lead, there's a position waiting for you at Citigroup.

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At Citigroup, Inc, networking and continuous learning are part of our DNA. We provide platforms for employees to connect with industry leaders and peers, enhancing their skills and opening up new career opportunities. Our leadership programs and professional development initiatives ensure that you are always ahead of the curve.

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Learn more about Citigroup, Inc
Market Cap
$1.3 billion
Industry
Net Income
$89.6 million
Founded
1812
5 Year Trend
+4.6%
NASDAQ

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