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Shape your Career with Citi
Citibank
serves as a trusted advisor to our retail, mortgage, small business and wealth management clients at every stage of their financial journey. Through Citi's Access Account, Basic Banking, Citi Priority, Citigold and Citigold Private Client, we offer an array of products, services and digital capabilities to clients across the full spectrum of consumer banking needs worldwide.
We’re currently looking for a high caliber professional to join our team as IT Sourcing Lead Analyst (Internal Job Title: SC Sourcing Lead analyst C-13) based in Tanil Chennai
Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions and manage your financial well-being to help plan for your future. For instance:
- We empower our employees to manage their financial well-being and help them plan for the future.
- Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
The SC Sourcing Lead analyst C-13 is a senior level position responsible for leading procurement activities such as stakeholder and supplier management, negotiation, productivity, financial modelling, legal language drafting, etc. for a specific category or categories.
In this role, you’re expected to
- Operate with a limited level of direct supervision while being able to maintain effective communication up through senior management and manage escalations.
- Exercise independence of judgement and autonomy in their day-to-day tasks.
- Oversee procurement and supply base strategy, follow and implement standards, policies, targets, and category strategies as well as coordinate the procurement process for the various products and services within scope.
- Lead and/or participate in global category and senior leadership forums with a cross functional category focus on Storage, Datacenter, EUS, Network and IT Professional Services
- .Create and fine tune materials for executive review, ie. GDRF decks, project summaries, briefing books, etc.
- Develop and/or implement market analyses/benchmarking processes and strategic supplier management programs, perform financial modeling and lead development and execution of negotiation strategies for high-value and complex multi-year deals.
- Meet audit requirements ensuring adherence to Citi processes, guidelines and procedures to mitigate risk and ensure control standards are met.
- Act as SME to senior stakeholders and /or other team members.
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, its clients and assets.
- Lead and enable the development, management, and analysis of eRFXs aligned to the Category Strategy.
As a successful candidate, you’d ideally have the following skills and exposure
- 6-10 years of relevant experience
- 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
Advanced Analytical Skills
- Complex data analysis and modeling
- Advanced cost-benefit analysis
- Strategic sourcing and supplier evaluation
Leadership and Management Skills
- Project and program management
- Ability to manage multiple critical projects simultaneously
- Change management
Strategic Thinking
- Strategic alignment with business goals
- Future forward mindset, proactive to anticipate to future risks
Expert Negotiation Skills
- Contract negotiation and drafting
- Conflict resolution and problem-solving
Technical Skills
- Knowledge of procurement software
- Advanced Excel skills
Enhanced Communication Skills
- Executive-level communication and presentation
- Cross-functional collaboration and influence
- Advanced stakeholder management – confidence to challenge and influence
Financial Expertise
- Advanced financial analysis
- Total cost of ownership analysis
- Financial risk management
Regulatory and Compliance Knowledge
- In-depth understanding of procurement best practices
- Development and enforcement of compliance policies
- Ethical and sustainable procurement practices
Innovative Problem-Solving
- Creative solutions for complex procurement challenges
- Curiosity and willingness to challenge status quo
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
https://jobs.citi.com/dei
Job Family Group
Corporate Services
Job Family
Supply Chain
Time Type
Full time
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.