Procurement Professional
hace 6 días
The Citi Global Sourcing team seeks a highly skilled Procurement Professional to support the Personal Banking Wealth Management Group on various strategic sourcing initiatives and projects.
Main Responsibilities:
- Manage a large workload of projects/contracts, working closely with business stakeholders, internal colleagues, and external suppliers to create or renew agreements.
- Review, understand, and negotiate key contractual points, including termination for convenience rights, fees, payment terms, supplier billing terms, legal entity names, and addresses.
- Knowledge of Third-Party Management and Compliance procedures (TP-RAP; RTR; MCIA), as well as experience with TP-RAP and Due Diligence Tools.
- Familiarity with eSourcing, GEP, CASP+, and P2P systems.
Additional Responsibilities:
- Participate in the sourcing process for various products and services.
- Facilitate the sourcing process and assist cross-functional teams in developing and executing sourcing strategies, supplier management strategies, and contract negotiations, including drafting and red-lining contracts.
- Utilize Citi tools and processes to research supplier and commodity information, as well as work with suppliers to measure and track performance and reporting/reconciliation requirements.
- Identify and implement value-added opportunities, such as savings and process improvements.
- Assist in creating and supporting Request for Proposals (RFPs), Requests for Information (RFIs), and Requests for Quotes (RFQs).
- Coordinate the preparation and analysis of bid packages and eAuction events.
Qualifications:
- Bachelor's university degree complete/in progress.
- 2+ years of relevant experience.
- Fluent English (verbal and written).
- Experience with Procurement and Accounts Payable (AP) systems.
- Experience with reporting and analytics.
- Ability to work unsupervised and adjust priorities quickly as circumstances dictate.
- Demonstrated organization and time management skills.
Desirable:
- Experience with Contracts and eProcurement tools (e.g., Oracle, Procure-to-Pay, eAuction, eRFX).
- Experience with Risk and Controls preferred.
This role will be considered an 'Employee of Trust' and includes additional responsibilities.
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