Supply Chain Sourcing Lead Analyst-Vice President

Posted 9 Days Ago
Be an Early Applicant
Mississauga, ON, CAN
In-Office
121K-171K Annually
Senior level
Fintech • Financial Services
The Role
Lead global sourcing and supplier management for Software and SaaS categories. Develop category strategies, perform market benchmarking and financial modeling, drive complex multi-year negotiations and contracts, coach team members, and ensure compliance and risk management while coordinating cross-functional stakeholders.
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. The overall objective of this role is to acquire goods and services requested by company personnel in support of the company's business.
Responsibilities:

  • 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 supporting Software and SaaS expense category.
  • 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
  • Lead support for cross functional teams in developing and executing sourcing, supplier management strategies, and complex contract negotiations
  • Develop strategies for sourcing, supplier management, negotiation, productivity, and customer and supplier relationships
  • 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 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.

Qualifications:

  • 7+ years of relevant experience
  • Certified Purchase Professional such as CPM or CIPS preferred
  • Experience in sourcing or procurement in a large, multi-national organization
  • Experience in leading strategic sourcing programs
  • Experience in complex deal structuring, negotiations, and contracting
  • Advanced computer skills with a focus on Microsoft Excel
  • Knowledge of Enterprise Resource Planning (ERP) systems and eProcurement tools (e.g Oracle, Procure-to-Pay, eAuction, eRFx. GEP, Ariba)
  • Demonstrated strategic sourcing/procurement, stakeholder management, relationship management, and influencing skills

Education:

  • Bachelor’s degree/University degree or equivalent experience
  • Master’s degree 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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Primary Location Full Time Salary Range:$120,800.00 - $170,800.00

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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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Automated Processing and AI

We 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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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

  • 7+ years of relevant experience
  • Certified Purchase Professional such as CPM or CIPS
  • Experience in sourcing or procurement in a large, multi-national organization
  • Experience leading strategic sourcing programs
  • Experience in complex deal structuring, negotiations, and contracting
  • Advanced computer skills with focus on Microsoft Excel
  • Knowledge of ERP systems and eProcurement tools (e.g., Oracle, Procure-to-Pay, eAuction, eRFx, GEP, Ariba)
  • Demonstrated stakeholder management, relationship management, and influencing skills
  • Bachelor's degree or equivalent experience
  • Master's degree
  • Ability to operate with limited supervision, exercise independent judgment, and act as SME
  • Ability to assess risk and drive compliance with laws, policies, and controls

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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