The Strategic Supply Chain Sourcing Manager for Technology is a Senior Level role that provides Sourcing and Procurement to Citi Businesses for Technology - Business Applications. The role is required to conduct Strategic negotiations and in depth Software contracting services. The role partners with Managing Director's from both Business Front Office and Technology. Investment Banking Sourcing experience in Business Applications is preferable.
Responsibilities:
- Develop sourcing strategies that align with business and organizational goals, execute against these strategies, develop sourcing plans with business stakeholders
- Develop internal business partner relationships, key/strategic supplier relationships, and key stakeholder relationships as well as negotiate market leading contract and commercial terms for new product acquisitions, develop sourcing strategies, and develop project delivery and execution for assigned categories
- Manage and maintain contract and commercial terms with existing regional and global suppliers focused on reducing franchise risk and achieving market commercial terms to reduce total cost of ownership across multiple Citi Business Units
- Interact with all levels of management including senior and executive management from various internal/external businesses and suppliers
- Serve as a sourcing and end-to-end supply chain Subject Matter Expert (SME) through bringing valuable market insight to supported business units, influencing decisions around sourcing strategy and supplier selection, and leads the negotiation and contracting process for product acquisition
- Analyze business processes to decide on opportunities achieved through influencing supply and demand of services as well as analyze supplier proposals, structure, and negotiate supply agreements and manage supplier relations and performance
- Identify and drive cost reduction, supplier consolidation, service delivery improvements, process efficiencies, risk mitigation, and standardization across Citigroup businesses
- Build and maintain relationship with business unit stakeholders to promote and expand procurement influence within software, as well as participate in the development, implementation, and monitoring or purchasing policies and procedures
- Contribute to all administrative requirements such as approved supplier program, contract management system, procure-to-pay system, software related metrics, and reporting
- Report on category trends and best practices driving best-in-class purchasing practices including application category management, preferred systems, tools, and techniques in a timely manner as well as maintain up to date and accurate system records
- Lead cross-functional teams comprised of country procurement managers and stakeholders from multiple business units in development and execution of software sourcing strategies, Requests for Proposal, supplier selection, negotiation, and contracting processes, as well as lead regional and Global sourcing initiatives
- 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:
- 15+ years of relevant experience
- Certified Purchase Professional such as CPM or CIPS preferred
- Deep Business Application Contracting experience, expert in commercial terms required to support applications
- Experience in Supply Chain, Strategic Sourcing, and Procurement
- Contract and Vendor Management Experience
- Advanced computer skills with a focus on Microsoft Office and Excel
- Demonstrated success in achieving savings goals and other performance metrics
- Demonstrated relationship management, influencing, negotiation, and persuasion skills
- Ability to work in a team-oriented environment
- Consistently demonstrates clear and concise written and verbal communication
Education:
- Bachelor’s degree/University degree or equivalent experience
- Master’s degree preferred
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Job Family Group: Corporate Services------------------------------------------------------
Job Family:Supply Chain------------------------------------------------------
Time Type:Full time------------------------------------------------------
Primary Location Full Time Salary Range:$145,100.00 - $217,700.00------------------------------------------------------
Most Relevant Skills Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Automated Processing and AIWe use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
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This job opening is for an existing job vacancy.
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Skills Required
- 15+ years of relevant experience
- Certified Purchase Professional such as CPM or CIPS
- Deep Business Application Contracting experience, expert in commercial terms
- Experience in Supply Chain, Strategic Sourcing, and Procurement
- Contract and Vendor Management Experience
- Advanced computer skills with a focus on Microsoft Office and Excel
- Demonstrated success in achieving savings goals and performance metrics
- Demonstrated relationship management, influencing, negotiation, and persuasion skills
- Ability to work in a team-oriented environment
- Clear and concise written and verbal communication
- Bachelor's degree or equivalent experience
- Master's degree
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.
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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.
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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.
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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.
Citi Insights
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