Supply Chain Sourcing Lead Analyst
Are you looking for a career move that will place you in a global financial organization?
By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
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.
What you’ll do:
- 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
- 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.
What we’ll need from you:
- 6-10 years of relevant experience
- 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 GEP, eAuction, eRFx)
- Demonstrated strategic sourcing/procurement, stakeholder management, relationship management, and influencing skills.
- Bachelor’s degree/University degree or equivalent experience
- Master’s degree preferred
What we can offer you
By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:
- Cafeteria Program
- Home Office Allowance (for colleagues working in hybrid work models)
- Paid Parental Leave Program (maternity and paternity leave)
- Private Medical Care Program and onsite medical rooms at our offices
- Pension Plan Contribution to voluntary pension fund
- Group Life Insurance
- Employee Assistance Program
- Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
- Flexible work arrangements to support you in managing work - life balance
- Career progression opportunities across geographies and business lines
- Socially active employee communities with diverse networking opportunities
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
#LI-SM9
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Job Family Group: Corporate Services------------------------------------------------------
Job Family:Supply Chain------------------------------------------------------
Time Type:Full time------------------------------------------------------
Primary Location Full Time Salary Range:Ft14,768,850.00 - Ft24,762,350.00------------------------------------------------------
Most Relevant Skills Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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
- 6-10 years of relevant experience
- Experience in sourcing or procurement within a large, multinational organization
- Experience leading strategic sourcing programs
- Experience in complex deal structuring, negotiations, and contracting
- Advanced computer skills with a focus on Microsoft Excel
- Knowledge of ERP systems and eProcurement tools such as GEP, eAuction, and eRFx
- Strategic sourcing and procurement skills
- Stakeholder management, relationship management, and influencing skills
- Bachelor's degree, university 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 — Health coverage is presented as comprehensive, including free in-network preventive care, mental-health resources, and the Be Well Program. Materials also state new hires have access to health and insurance benefits from the outset.
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Retirement Support — The retirement plan offers a $1-for-$1 match up to 6% of eligible pay. New employees are eligible for the plan, with automatic enrollment after 90 days if they do not enroll themselves.
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Inclusive Benefits Coverage — Benefits highlight fertility treatment coverage, adoption/surrogacy reimbursement up to $30,000, and disability coverage. Coverage extends to spouses and domestic partners regardless of gender identity or sexuality, with gender-affirming care-related support noted.
Citi Insights
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.
