Assistant Vice President, Supply Chain Sourcing Sr Analyst
Citi
Chennai Corporation, Tamil Nadu, India
Full-Time
Competitive
OfficeExecutive
Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.
Shape your Career with Citi
We’re currently looking for a high caliber professional to join our team as Analyst, Senior Sourcing Analyst (Internal Job Title: Analyst, Senior Sourcing Analyst C12) based in Chennai India
The Supply Chain (SC) Sourcing Senior Analyst is an intermediate level position responsible for participating in procurement activities such as defining the need for goods and services, negotiating price contracts and authorizing payment for goods and services 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.
Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions and manage your financial well-being to help plan for your future. For instance:
We empower our employees to manage their financial well-being and help them plan for the future.
Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
In this role, you’re expected to:
Adopt and learn quickly applicable Citi processes/procedures
Understand regulatory/compliance requirements globally or locally with regards to a bank or financial institution
Identify areas of improvement and value that can help Citi overall
Create global data and information analytics strategy and plan for procurement services as well as analyze key market data, statistics, and reports to identify market trends and best practices
Assist in analyzing spend by region, business, and category and provide input into development and execution of financial, business information, and analytics strategy
Analyze supplier spend analytics, operational/performance metrics, cost financial analytics, save tracking/reporting, benchmarking, category market intelligence, forecasting, and commodity segmentation efforts
Coordinate operational, process, reporting/structural change required as well as coordinate metrics and process reviews
Provide assistance to sourcing teams with saves, spend, and opportunity analytics work with the category and subcategory managers to identify spend and develop spend baselines
Work with suppliers and internal business units to consolidate information, perform ad hoc spend requests, program compliance monitoring reports and commodity reports, and RFx analysis
Work with varied units through expense managers, reengineering teams/vendor managers, expense policy compliance and reporting, senior management briefing books, etc.
Analyze RFx replies and develop reports and charts/graphs illustrating saves or increases in spend
Coordinate the preparation and analysis of bid packages and education events
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.
As a successful candidate, you’d ideally have the following skills and exposure:
5-8 years of relevant experience
Stakeholder engagements
Strategic sourcing
Savings /Value Generation
Experience with Procurement and Accounts Payable (AP) systems
Experience with Contracts and eProcurement tools (e.g. Oracle, Procure-to-Pay, eAuction, eRFX)
Experience with reporting and analytics
Experience with Risk and Controls preferred
Proficient computer skills with a focus on Microsoft Office applications
Ability to work unsupervised and adjust priorities quickly as circumstances dictate
Demonstrated organization and time management skills
Education
Bachelor’s degree/University degree or equivalent experience
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 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.
Take the next step in your career, apply for this role at Citi today
------------------------------------------------------
------------------------------------------------------
------------------------------------------------------
------------------------------------------------------
------------------------------------------------------
------------------------------------------------------
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.