Job Information
Citigroup Supply Chain/Procurement Sourcing Lead Analyst-Vice President in Mississauga, Ontario
The Supply Chain/Procurement Sourcing Lead Analyst-Vice President is responsible for leading software and platform sourcing projects and activities such as the negotiation of terms of price, quantity and delivery, analyzing comparable suppliers, and driving optimal contracts. The overall objective of this role is to source optimal third-party provided goods and services in support of the company's businesses.
Responsibilities:
Lead several software, SaaS, and/or platform sourcing projects at one time, and drive optimal value across the sourcing book of work.
Build 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
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:
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
Financial acumen and ability to build and manage effective cost analyses and business cases.
Demonstrated strategic sourcing/procurement, stakeholder management, relationship management, and influencing skills
Experience in sourcing of software, SaaS, complex platforms, business applications, application development & maintenance (ADM), and marketing and marketing technology are all a plus.
Experience in financial services a plus.
Experience in branded management consulting a plus.
Education:
Bachelor’s degree/University degree or equivalent experience
Master’s degree preferred
Job Family Group:
Corporate Services
Job Family:
Supply Chain
Time Type:
Full time
Primary Location Full Time Salary Range:
$120,800.00 - $170,800.00
Salary shown is for full-time positions and will be prorated for part-time hires based on number of hours worked.
The hourly rate corresponding to the annual range is:
$61.94 - $87.58
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 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.
This job opening is for an existing job vacancy.
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