Supply Chain/Procurement Sourcing Lead Analyst-Vice President

Citi•Mississauga, ON

16d

About The Position

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.

Requirements

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
Bachelor’s degree/University degree or equivalent experience

Nice To Haves

Experience in sourcing of software, SaaS, complex platforms, business applications, application development & maintenance (ADM), and marketing and marketing technology
Experience in financial services
Experience in branded management consulting
Master’s degree preferred

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.