Sourcing Category Manager – Banking Operations and Financial Services

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 Banking Operations and Financial Services Procurement Team.

By joining Citi, you will become part of a global organization 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 Banking Operations and Financial Services (BOFS) Procurement team plays a pivotal role in supporting Citi’s mission. We are seeking a Senior Sourcing Analyst to join our dynamic team.

Your job will be focused on supplier identification and selection, conducting Request for Proposals (RFI/RFP/RFQ) which may include eAuctions, contract negotiations and management, supplier onboarding, support of necessary supplier due diligence and overall category management which includes but is not limited to benchmarking, gathering of market intelligence, and supplier reviews.

You will be part of a professional, state-of-the art global Procurement team and reporting to the lead who oversees the sourcing of BOFS products and services for Citi’s Consumer group. BOFS includes products and services such as ATMs, branch equipment, lending services, collections, cash management services and payables and receivables management. This team supports the sourcing of products and services that a core and critical to Citi’s banking operations across our Consumers and Institutional and Corporate Clients.

What you’ll do

• Work closely with the business partners and oversee a portfolio of contracts and internal clients
• Lead category sourcing projects, including supplier identification, tendering, request for proposals and supplier selection
• Manage the contract lifecycle, which include contract negotiations, contract drafting (work orders, statement of works, master agreements), contract renewals, contract renegotiations
• Support overall category management and strategic sourcing activities (benchmarking, gathering of market intelligence, definition of the longer term book of work)
• Partner cross-functionally with Legal, Business, Supplier and other subject matter expters.
• Find ways to optimize the supplier landscape and value that the suppliers bring
• Work globally with a focus on EMEA

What we’ll need from you

• 5-8 years of experience, preferably in a fast-paced environment
• Experience with Procurement of BOFS products and services or in a financial firm is a plus.
• Demonstrated business acumen, critical thinking and relationship building skills
• Excellent communication skills in English – both verbal and written
• Good analytical skills
• Ability to work individually on a large number of projects – organization and prioritization skills

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.

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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.

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