The Supply Chain (SC) Sourcing Intermediate Analyst is an intermediate level position responsible for participating in procurement activities such as defining the need for goods and services, negotiating price and contracts, support stakeholders and guide them through the sourcing and third-party processes. The overall objective of this role is to acquire goods and services requested by company personnel in support of the company's business.
Responsibilities:
Participate in sourcing process for the acquisition of credit risk data from credit bureaus and other suppliers providing AML/KYC, fraud prevention, consumer and commercial data to support credit underwriting services within the sourcing team.
Facilitate sourcing process and assist cross-functional team in developing and executing sourcing strategies, supplier management strategies, and contract negotiations including drafting and red-lining contracts.
Monitor all aspects of sourcing and contract processes including strategy, negotiation and contract execution as well as assist in supplier negotiations, and financial analysis/modeling while ensuring licensing usage is aligned with license agreements.
Respond to customer service inquiries, clarify requirements, and provide information as needed in a timely manner.
Utilize Citi tools and processes to research supplier and commodity information as well as work with suppliers to measure and track performance, volumes, spend and reporting/reconciliation requirements.
Report and record procurement transactions including sourcing project request forms, sourcing strategy, savings, contracts, and approved suppliers.
Participate and assist in the development, management, and analysis of request for proposals and/or eAuctions.
Meet reporting requirements and audit guidelines ensuring adherence to Citi processes and procedures as well as draft and check the accuracy of reports for the team in support of the senior managers.
Has the ability to operate with a limited level of direct supervision including leading conference calls with stakeholders and suppliers.
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.
Qualifications:
2-5 years of relevant experience
Experience with process improvement
Experience in vendor management, contracting, financial acumen, and commercial awareness
Experience in financial modeling and accounting
Experience with reporting tools preferred
Working knowledge of Procurement tools (e.g. Oracle or SAP eSourcing)
Demonstrated negotiation strategies
Proficient computer skills with a focus on Microsoft Office applications including Microsoft Excel
Education:
Bachelor's degree/University degree or equivalent experience
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Job Family Group:
Corporate Services------------------------------------------------------
Job Family:
Supply Chain------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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