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Asia Sourcing Manager Assistant Vice President

Citigroup

Asia Sourcing Manager Assistant Vice President

Citigroup

CHENNAI, Tamil Nādu, India

·

On-site

·

Full-time

·

1mo ago

Sourcing Manager in International Sourcing works in partnership with Citi businesses and Global Category Lead to develop and execute strategic sourcing strategies, drive negotiate and implement improvements across supply and demand levers to reduce the total cost of ownership for category and/or spend in Asia. This role manages key supplier relationships and is involved in identifying and mitigating any supply chain and third-party risks to deliver the optimum risk mitigation and competitive advantage from Citi's supply chain.

This role is expected to interact with all levels of management, including senior management from Citi businesses and suppliers globally.

Responsibilities:

  • Engage and establish strong partnership with Citi Business Stakeholders to identify, jointly develop and drive strategies that will support Citi overall business objectives.

  • Oversee sourcing and supply base strategy, develop standards, policies, targets, and category strategies as well as coordinate the sourcing process for the various products and services within the procurement group

  • Lead and/or participate in global category forums maintaining high level sourcing processes and team

  • Develop and/or implement market analyses/benchmarking processes and leverage key insights to inform and support the category strategy development process

  • Develop and/or implement a strategic supplier management program to ensure optimal supply chain performance

  • Perform financial modeling and lead development and execution of negotiation strategies for high-value and complex multi-year deals

  • Set strategic direction with suppliers, establish supplier qualification criteria, develop contract requirements and master agreements, model total cost of ownership, and negotiate and manage contracts

  • Develop strategies for sourcing, supplier management, negotiation, productivity, and customer and supplier relationships

  • Lead support for cross functional teams in developing and executing sourcing, supplier management strategies, and complex contract negotiations

  • Support review and mitigation of supply chain, contractual and third-party risks to help ensure business continuity and safeguard of Citigroup's interests and reputation

  • Coach and train new recruits as well as serve in informal/formal leadership roles within team

  • Has the ability to operate with a limited level of direct supervision.

  • Can exercise independence of judgement and autonomy.

  • Acts as SME to 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:

  • 5-8 years of relevant experience in sourcing or procurement in financial institution or large, multi-national organization

  • Experience in leading strategic sourcing programs, complex deal structuring, negotiations, and contracting

  • Matured personality with demonstrated stakeholder management, relationship management, and influencing skills

  • Prudent in Risk and Controls related matters

  • Experience with Contracts and eProcurement tools/systems (e.g. Oracle, Procure-to-Pay, eAuction, eRFx)

  • Proficient computer skills with a focus on Microsoft Office applications

  • Ability to work unsupervised and adjust priorities quickly as circumstances dictate

Education:

  • Bachelor’s degree/University degree or equivalent experience

  • Certified Purchase Professional such as CPM or CIPS preferred

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Job Family Group:

Corporate Services

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Job Family:

Supply Chain

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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 Citi’s EEO Policy Statement and the Know Your Rights poster.

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About Citigroup

Citigroup

Citigroup

Public

Citigroup Inc. or Citi is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.

10,001+

Employees

New York City

Headquarters

Reviews

3.3

4 reviews

Work Life Balance

3.0

Compensation

3.2

Culture

2.8

Career

2.5

Management

2.7

35%

Recommend to a Friend

Pros

Compensation increases for investment banking roles

Legitimate investment banking employer

Internship opportunities available

Cons

Unclear career progression paths

Limited meaningful experience in internships

Compensation raises lower than competitors

Salary Ranges

28 data points

Senior/L5

Senior/L5 · Cash & Trade Processing Senior Group Manager

2 reports

$224,732

total / year

Base

$195,245

Stock

-

Bonus

-

$218,500

$230,564

Interview Experience

5 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Experience

Positive 0%

Neutral 40%

Negative 60%

Interview Process

1

Application Review

2

Recruiter Screen

3

Programming Assessment

4

Hiring Manager Interview

5

Panel/Superday Interviews

6

Final Decision

Common Questions

Technical Knowledge

Case Study

Behavioral/STAR

Past Experience

Culture Fit