Assistant Vice President, Supply Chain Sourcing Sr Analyst

Reposted 15 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu, IND
In-Office
Senior level
Fintech • Financial Services
The Role
Participate in procurement activities including defining needs, negotiating contracts, analyzing spend and supplier performance, developing sourcing analytics and reports, supporting RFx and bid processes, coordinating process changes, and advising stakeholders to generate savings and ensure compliance.
Summary Generated by Built In

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here.  At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks.  We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.  You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

We’re currently looking for a high caliber professional to join our team as Analyst, Senior Sourcing Analyst (Internal Job Title: Analyst, Senior Sourcing Analyst C12) based in Chennai India

The Supply Chain (SC) Sourcing Senior Analyst is an intermediate level position responsible for participating in procurement activities such as defining the need for goods and services, negotiating price contracts and authorizing payment for goods and services in coordination with the Corporate Services team. The overall objective of this role is to acquire goods and services requested by company personnel in support of the company's business.
 

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.

In this role, you’re expected to:

  • Adopt and learn quickly applicable Citi processes/procedures

  • Understand regulatory/compliance requirements globally or locally with regards to a bank or financial institution

  • Identify areas of improvement and value that can help Citi overall

  • Create global data and information analytics strategy and plan for procurement services as well as analyze key market data, statistics, and reports to identify market trends and best practices

  • Assist in analyzing spend by region, business, and category and provide input into development and execution of financial, business information, and analytics strategy

  • Analyze supplier spend analytics, operational/performance metrics, cost financial analytics, save tracking/reporting, benchmarking, category market intelligence, forecasting, and commodity segmentation efforts

  • Coordinate operational, process, reporting/structural change required as well as coordinate metrics and process reviews

  • Provide assistance to sourcing teams with saves, spend, and opportunity analytics work with the category and subcategory managers to identify spend and develop spend baselines

  • Work with suppliers and internal business units to consolidate information, perform ad hoc spend requests, program compliance monitoring reports and commodity reports, and RFx analysis

  • Work with varied units through expense managers, reengineering teams/vendor managers, expense policy compliance and reporting, senior management briefing books, etc.

  • Analyze RFx replies and develop reports and charts/graphs illustrating saves or increases in spend

  • Coordinate the preparation and analysis of bid packages and education events

  • 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.

  • 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 a successful candidate, you’d ideally have the following skills and exposure:

  • 5-8 years of relevant experience

  • Stakeholder engagements

  • Strategic sourcing

  • Savings /Value Generation

  • Experience with Procurement and Accounts Payable (AP) systems

  • Experience with Contracts and eProcurement tools (e.g. Oracle, Procure-to-Pay, eAuction, eRFX)

  • Experience with reporting and analytics

  • Experience with Risk and Controls preferred

  • Proficient computer skills with a focus on Microsoft Office applications

  • Ability to work unsupervised and adjust priorities quickly as circumstances dictate

  • Demonstrated organization and time management skills

Education

  • Bachelor’s degree/University degree or equivalent experience

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

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Job Family Group: Corporate Services

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Job Family:Supply Chain

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Time Type:Full time

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Most Relevant Skills Please see the requirements listed above.

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

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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.

Skills Required

  • 5-8 years of relevant experience
  • Stakeholder engagement experience
  • Strategic sourcing experience
  • Savings / value generation experience
  • Experience with Procurement and Accounts Payable (AP) systems
  • Experience with Contracts and eProcurement tools (e.g., Oracle, Procure-to-Pay, eAuction, eRFX)
  • Experience with reporting and analytics (spend analysis, benchmarking, forecasting)
  • Experience with Risk and Controls
  • Proficient computer skills, especially Microsoft Office applications
  • Ability to work unsupervised and adjust priorities quickly
  • Strong organization and time management skills
  • Bachelor's degree or equivalent experience

Citi Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citi and has not been reviewed or approved by Citi.

  • Healthcare Strength Benefits coverage is positioned as comprehensive, including health, dental, and vision insurance plus on-site clinics, prescription drug support, and disability coverage. Family-building support such as fertility assistance is described as a notable differentiator within the overall package.
  • Retirement Support Retirement benefits are framed as strong, highlighted by a 401(k) with matching and additional plan options like a Roth 401(k). Financial support is reinforced through discounts and broader financial guidance resources tied to the benefits ecosystem.
  • Wellbeing & Lifestyle Benefits Wellbeing support extends beyond insurance through programs like an Employee Assistance Program, counseling/legal resources, and gym or wellness reimbursement. These offerings increase the perceived total rewards value even when cash compensation sentiment varies by role.

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The Company
HQ: Kwun Tong, Kowloon
223,850 Employees

What We Do

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.

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