Strategic Supply Chain Sourcing Lead Analyst - Technology Sourcing, Vice President

Reposted 16 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu, IND
In-Office
Senior level
Fintech • Financial Services
The Role
Lead global sourcing and contracting for enterprise and business application software. Build stakeholder relationships, run market and financial analysis, develop RFx and evaluation processes, negotiate complex multi-year agreements, oversee supplier performance, and manage contract administration across a large, matrixed organization.
Summary Generated by Built In

The Supply Chain (SC) Sourcing Lead Analyst is a senior level position responsible for leading procurement activities such as the negotiation of terms of price, quantity and delivery, analyzing comparable suppliers and agreeing on contracts in coordination with the Corporate Services team.

Any individual joining or working within Citi will be expected to be a steward of the following Operating Principles:

  • Treat everyone with dignity and respect
  • Create an environment where talent thrives
  • Act with urgency, courage and conviction
  • Inspire excellence - be the standard
  • Be accountable - own the outcome
  • Be unselfish - empower others
  • Reward results - promote meritocracy
  • Act with integrity - do what is right
  • Collaborate - be a Leader – it begins with you

The successful candidate will have extensive experience leading complex sourcing initiatives and negotiating contracts across Technology products including Enterprise and Business Application Software / ADM and related services in a complex multinational organization.

Responsibilities include, but are not limited to the following:

  • Establish strong relationships with internal business stakeholders; build a strong understanding of strategic business direction, requirements and priorities across assigned suppliers and/or spend categories.
  • Develop and maintain a comprehensive understanding of Citi’s policies and procedures related to supplier selection, contracting and ongoing management, ensuring all requirements are met and documented throughout the end-to-end process.
  • Lead global category and supplier management forums, building and fostering the development of a cohesive, high-performing global sourcing team.
  • Develop, implement and manage robust market analyses / benchmarking processes; leverage key insights to inform and support the category strategy process.
  • Develop, lead and/or manage a robust portfolio of initiatives for assigned categories across the end-to-end sourcing and contracting process, including:
    • establishment of the cross-functional project team,
    • development of the requirements and spend baseline,
    • performance or market research / analysis,
    • formulation of the sourcing strategy,
    • development of the RFx materials,
    • facilitation of the evaluation & scoring of supplier proposals,
    • confirmation of completion of required due diligence,
    • negotiation of contract terms and conditions,
    • packaging and routing of the contract for execution, and
    • administration of contract records.
  • Perform financial modeling and lead the development and execution of negotiation strategies for high-value and complex multi-year deals.
  • Manage key supplier relationships with a focus on quality, service, delivery, risk and cost

Requirements:

  • Bachelor's or equivalent degree from an accredited College or University; MBA preferred
  • 7+ years of previous Sourcing, Contracting and/or Business-related experience; significant experience required in the sourcing of enterprise software and/or business application software.
  • Knowledge and experience with Procurement applications (e.g. eRFx, eAuction, P2P)
  • Experience working in a large, global, highly matrixed organization
  • Financial Services industry experience is a plus
  • Proven track record of leading large, complex sourcing and/or contracting initiatives
  • Excellent organizational, analytical, and time-management skills
  • Excellent interpersonal, communication, presentation, and negotiation skills
  • Strong financial modeling and deal structuring skills
  • Takes initiative and has the ability to effectively organize, multi-task and prioritize a wide array of initiatives
  • Aptitude for innovation
  • High integrity and ethics

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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

  • Bachelor's or equivalent degree from an accredited college or university
  • MBA
  • 7+ years of Sourcing, Contracting and/or Business-related experience
  • Significant experience sourcing enterprise and business application software
  • Knowledge and experience with procurement applications (e.g., eRFx, eAuction, P2P)
  • Experience working in a large, global, highly matrixed organization
  • Financial Services industry experience
  • Proven track record of leading large, complex sourcing and contracting initiatives
  • Excellent organizational, analytical, and time-management skills
  • Excellent interpersonal, communication, presentation, and negotiation skills
  • Strong financial modeling and deal structuring skills
  • Ability to take initiative and effectively organize, multi-task and prioritize
  • Aptitude for innovation
  • High integrity and ethics

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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