Sourcing Expert
hace 2 días
Citi is seeking a skilled Sourcing Expert to join its Global Sourcing team. The successful candidate will support the Personal Banking Wealth Management Group on various strategic sourcing initiatives and projects.
Key Responsibilities:
- Manage a significant portfolio of projects and contracts, collaborating with business stakeholders, internal colleagues, and external suppliers to create or renew agreements.
- Develop and maintain knowledge of key contractual points, including termination for convenience rights, fees, payment terms, supplier billing terms, legal entity names, and addresses.
- Stay up-to-date with Third-Party Management and Compliance procedures (TP-RAP; RTR; MCIA) and utilize TP-RAP and Due Diligence Tools effectively.
- Apply expertise in eSourcing, GEP, CASP+, and P2P systems to drive procurement excellence.
Additional Responsibilities:
- Contribute to the sourcing process for various products and services.
- Lead the sourcing process and collaborate with cross-functional teams to develop and execute sourcing strategies, supplier management strategies, and contract negotiations, including drafting and red-lining contracts.
- Harness 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.
- Support the creation and execution of Request for Proposals (RFPs), Requests for Information (RFIs), and Requests for Quotes (RFQs).
- Coordinate the preparation and analysis of bid packages and eAuction events.
Requirements:
- 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 independently and adapt priorities quickly as circumstances dictate.
- Demonstrated organizational and time management skills.
PREFERRED SKILLS:
- 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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