What are the responsibilities and job description for the Supply Chain Sourcing Senior Lead Analyst - Senior Vice President position at Citi?
The Supply Chain Sourcing Senior Lead Analyst is a senior level position and an individual contributor role responsible for developing, executing, and managing the strategies for the acquisition of third-party technology products and services, including consulting services, software, SaaS, and Public Cloud Services across all regions in support of Citi's Data Services and Public Cloud business lines.
The role will coordinate with senior business leaders to align the procurement strategy to the business and organizational objectives. A key responsibility is to independently manage strategic, high value, often complex, supplier competitive events through contract execution. The role works with large cross-functional teams to ensure best-in-class execution of third-party supplier relationships.
The primary means by which the performance of the individual will be assessed is internal business satisfaction, creating and delivering on procurement strategies, execution of contracts and projects, savings, leadership, and adherence to standards, procedures, and policies.
Responsibilities:
Coordinate with IT leaders to develop and drive category strategies that align with their business requirements and the organizational goals.
Negotiate and redline contracts with understanding of acceptable and preferred commercial terms and risk tolerance.
Collaborate with legal, finance, risk, and information security during supplier and contract reviews.
Manage and maintain effective contract and commercial terms with existing suppliers, aimed at reducing risk and achieving market competitive commercial terms to reduce total cost of ownership.
Set strategic direction with suppliers, established Supplier qualification criteria, develop contract requirements and master agreements, model total cost of ownership, and negotiate contracts.
Liaise with global leads to ensure business representation and regional members defined sourcing strategies, interface with Citi business leaders, and oversee cross regional products.
Apply fundamental knowledge of sourcing processes to develop complex sourcing programs, supervise the sourcing process, and prioritize new complex sourcing programs.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:
7 to 10 or more years of procurement, contracting, negotiations, and sourcing experience in the Software and SaaS categories
7 to 10 or more years procurement contracting, negotiations, and sourcing experience in the of Professional Services Categories with a focus on IT Professional Services and Application Development and Maintenance Services
Experience in the Financial Services and/or Banking Industry is highly desirable
Demonstrated experience negotiating complex deals for Software, SaaS, and Public Cloud commodities.
Proven experience in reporting and analysis.
Demonstrated knowledge of eProcurement tools/systems such as SAP Ariba, GEP, or Coupa.
Ability to work unsupervised and adjust priorities quickly as circumstances dictate.
Demonstrated success in achieving savings goals and other performance metrics.
Demonstrated relationship management, influencing, and negotiation skills.
Ability to work in a team-oriented environment.
Demonstrated problem-solving and decision-making skills.
Proficient computer skills with a focus on Microsoft Office applications.
Consistently demonstrates clear and concise written and verbal communication.
Education:
Bachelor’s degree/University degree or equivalent experience
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Job Family Group:
Corporate Services------------------------------------------------------
Job Family:
Supply Chain------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Tampa Florida United States------------------------------------------------------
Primary Location Full Time Salary Range:
$130,880.00 - $196,320.00
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.
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Anticipated Posting Close Date:
Dec 16, 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.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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.
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Salary : $130,880 - $196,320
