Procurement Manager - Market Data

Are you looking for a career move that will put you at the heart of a leading financial institution? Then bring your skills in negotiations, financial analysis, creative critical thinking, communication and relationship management to Citi’s Market Data Procurement Team.

By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

Through managing the day-to-day processes, Citi’s Procurement Department plays a pivotal role in supporting Citi’s mission. We are seeking a Procurement Category Manager to join our dynamic team.

You as a Market Data Procurement Manager ("PM") will be responsible for a large number of suppliers and contracts. We leverage a central team to renew most of our contracts, but you will be responsible for all aspects of commercial supplier management, including execution of new contracts and providing insight into the suppliers’ market data products and services.

You will work with legal, business stakeholders and suppliers to drive projects to completion.

While the role assumes a certain amount of autonomy, the team consists of a number of well experienced SME's who will provide assistance and guidance during the initial period to help you advance on the learning curve.

What you’ll do

The overall objective of your role is to ensure the seamless and uninterrupted delivery of market data services while managing cost increases.

• 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

What we’ll need from you

• 3-5 years of experience in a related role, preferably in a in a fast-paced environment
• Excellent communication skills in English – both verbal and written
• Experience with Contracts and eProcurement tools (e.g. Oracle, Procure-to-Pay, eAuction, eRFX) and Accounts Payable (AP) systems
• Basic understanding of third-party risk and control guidelines and due diligence
• Familiarity with Market Data suppliers, products, and services is beneficial
• Proficient computer skills with a focus on Microsoft Office applications - reporting and analytics
• Ability to work unsupervised and adjust priorities quickly as circumstances dictate
• Demonstrated business acumen, critical thinking and relationship building skills
• Experience working within the parameters of set policies and procedures in a large multinational firm

What we can offer you

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

• Cafeteria Program
• Home Office Allowance (for colleagues working in hybrid work model)
• Paid Parental Leave Program (maternity and paternity leave)
• Private Medical Care Program and onsite medical rooms at our offices
• Pension Plan Contribution to voluntary pension fund
• Group Life Insurance
• Employee Assistance Program
• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
• Flexible work arrangements to support you in managing work - life balance
• Career progression opportunities across geographies and business lines
• Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

------------------------------------------------------

Job Family Group:

------------------------------------------------------

Job Family:

------------------------------------------------------

Time Type:

------------------------------------------------------

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting