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Strategic Supply Chain Sourcing Manager Technology-Senior Vice President

Citi·$145,100 – $217,700

Primary stack

Negotiation

Job description

About the Position

Strategic Supply Chain Sourcing Manager for Technology - Senior Vice President

Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community, and make a real impact.

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 of 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.

Requirements

  • Experience: 15+ years of relevant experience
  • Certifications: Certified Purchase Professional such as CPM or CIPS preferred
  • Skills:
    • 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

We Offer

  • Salary: $145,100.00 - $217,700.00 per year
  • Job Type: Full-time
  • Location: Mississauga, Ontario, Canada (Hybrid)
  • Job Family Group: Corporate Services
  • Job Family: Supply Chain

About the Company

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.

Global Benefits

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© Citi. This job description was sourced from the employer's public career page. TheJob is not the employer — we index the posting and route candidates to the source. All content rights and hiring decisions belong to the employer.

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About the Company Citi is a global financial services company employing over 225,000 people worldwide. The company offers a wide range of financial products and services, including banking, wealth management, and investment banking. Citi is committed to career growth, community service, and making a significant impact. Products, Services & Tech Stack Core Solutions Banking & International Wealth Markets Treasury and Trade Solutions Global FX Citi Global Wealth Services Operations Technology Technologies & Frameworks AML Detection Testing Services Client Onboarding Regional Investigations HR Country Business Partners CCB ICG Admin & Miscellaneous XiP and Margin Technology Prime Finance Technology ISG Documents Technology Counterparty Credit Risk Analytics Lending Ops Global Process Owner and Transformation Service Management - Production Support Know Your Customer Global Screening Organization ISG KYC Banking ICRM - International Compliance Country Sourcing Project Scope & Target Clients Client Base Banking Wealth Hybrid Engineering Scale On-Site/Resident Entry Level Executive Professional Student and Grad Programs Early Career

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