Indirect Sourcing Intmd Analyst - Supply Chain Management

Reposted 23 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu, IND
In-Office
Mid level
Fintech • Financial Services
The Role
Lead strategic sourcing and supplier management for indirect categories in Asia. Develop category strategies, run market benchmarking, model total cost of ownership, negotiate complex multi-year contracts, mitigate supply chain and third-party risks, and support cross-functional stakeholders. Coach new hires and act as SME while ensuring compliance with risk and controls.
Summary Generated by Built In

SC Sourcing Intmd Anlyst in International Sourcing works in partnership with Citi businesses and Global Category Lead to develop and execute strategic sourcing strategies, drive negotiate and implement improvements across supply and demand levers to reduce the total cost of ownership for category and/or spend in Asia. This role manages key supplier relationships and is involved in identifying and mitigating any supply chain and third-party risks to deliver the optimum risk mitigation and competitive advantage from Citi's supply chain.

This role is expected to interact with all levels of management, including senior management from Citi businesses and suppliers globally.

Responsibilities:

  • Engage and establish strong partnership with Citi Business Stakeholders to identify, jointly develop and drive strategies that will support Citi overall business objectives.

  • 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/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

  • Develop and/or implement a strategic supplier management program to ensure optimal supply chain performance

  • 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

  • Lead support for cross functional teams in developing and executing sourcing, supplier management strategies, and complex contract negotiations

  • Support review and mitigation of supply chain, contractual and third-party risks to help ensure business continuity and safeguard of Citigroup's interests and reputation

  • Coach and train new recruits as well as serve in informal/formal leadership roles within team

  • Has the ability to operate with a limited level of direct supervision.

  • Can exercise independence of judgement and autonomy.

  • Acts as SME to 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.

Qualifications:

  • 3-5 years of relevant experience in sourcing or procurement in financial institution or large, multi-national organization

  • Experience in leading strategic sourcing programs, complex deal structuring, negotiations, and contracting

  • Demonstrated stakeholder management, relationship management, and influencing skills

  • Prudent in Risk and Controls related matters

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

  • Proficient computer skills with a focus on Microsoft Office applications

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

Education:

  • Bachelor’s degree/University degree or equivalent experience

  • Certified Purchase Professional such as CPM or CIPS preferred

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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

  • 3-5 years relevant experience in sourcing or procurement in a financial institution or large multinational organization
  • Experience leading strategic sourcing programs, complex deal structuring, negotiations, and contracting
  • Demonstrated stakeholder management, relationship management, and influencing skills
  • Prudent in Risk and Controls related matters
  • Experience with Contracts and eProcurement tools/systems (e.g., Oracle, Procure-to-Pay, eAuction, eRFx)
  • Proficient computer skills with a focus on Microsoft Office applications
  • Ability to work unsupervised and adjust priorities quickly
  • Bachelor's degree, university degree, or equivalent experience
  • Certified Purchase Professional such as CPM or CIPS

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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