Head of Category Management-Senior Category Manager-Senior Vice President
Company: Citi
Location: New York
Posted on: April 28, 2024
Job Description:
Citi, the leading global bank, has approximately 200 million
customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments,
and institutions with a broad range of financial products and
services, including consumer banking and credit, corporate and
investment banking, securities brokerage, transaction services, and
wealth management. Our core activities are safeguarding assets,
lending money, making payments, and accessing the capital markets
on behalf of our clients. P&TPM is responsible for procuring
products and services for Citigroup and manages the risks
associated with Citi's use of and reliance upon third party
relationships, including outsourced arrangements, across all
business lines and locations. P&TPM defines and oversees the
implementation of policies and standards that provide controls to
assess and manage risks related to Citi's third-party relationships
and outsourcing arrangements. The goal of P&TPM is to support
Citi's selection and management of third parties capable of
providing products and services in a safe and sound manner and at a
reasonable cost and to manage the risks associated with third
parties. Citi is currently seeking an emerging leader to join the
Procurement and Third-Party Management Operational Excellence team.
The Senior Category Manager is a strategic role that requires a
blend of analytical prowess, market insight, and procurement
expertise. The successful candidate will be a key driver of value
and innovation within the organization, leveraging category
management to achieve competitive advantage and operational
excellence. Responsibilities
- Analyze category trends, market dynamics, and company needs to
develop and implement comprehensive category strategies that
support business objectives.
- Identify opportunities for cost savings and efficiency
improvement within the category through strategic sourcing, demand
management and process optimization.
- Conduct thorough market research to understand emerging trends,
risks, and opportunities within the category.
- Develop and maintain category dashboards and reports to track
key performance indicators, spend analysis, and savings
achieved.
- Be a senior member of the P&TPM Operational Excellence
team, a new team at Citi
- Work with the Head of P&TPM Operational Excellence and
Procurement leadership to conceive of and implement a standard and
effective approach for category management at Citi
- Collaborate with the Citi technology organization in support of
implementing our category management framework
- Partner with business stakeholders and procurement managers to
build comprehensive category management plans for each of Citi's
supplier categories
- Establish an effective mechanism to update category management
plans as external or internal circumstances change
- Conduct and incorporate leading practice assessments and
benchmarking as required
- Partner with Procurement leaders to sell" the process changes
and onboard and influence key stakeholders to support the
implementation plan
- Train procurement managers on category management best
practices and the framework
- Ensure value creation for Citi via world-class category
management beyond Citi's existing/BAU Qualifications
- Demonstrated track-record of sourcing excellence.
- 8+ years of experience as a sourcing professional.
- Experience managing one or more categories
- Preferred - has led the category management program in a
significant procurement organization
- Preferred - strong analytical and problem-solving skills, with
ability to analyze complex data sets and translate them into
actionable strategies.
- Preferred - management consulting experience.
- Excellent communication and presentation skills
- Experience with Procurement transformation is preferred
- Experience within Banking and Financial Services or another
regulated industry is required
- Ability to influence across a global procurement team
- Strong planning and organizing skills with the ability to
manage and prioritize responsibilities through the effective use of
time management and organizational techniques
- Unquestionable integrity and objectivity, with ongoing
commitment to excellence and the ability to operate in diverse
environments and cultures
- Bachelors degree required
------------------------------------------------------ Job Family
Group: Corporate Services
------------------------------------------------------ Job Family:
Supply Chain ------------------------------------------------------
Time Type: Full time
------------------------------------------------------ Primary
Location: New York New York United States
------------------------------------------------------ Primary
Location Full Time Salary Range: $163,600.00 - $245,400.00 In
addition to salary, Citi's offerings may also include, for eligible
employees, discretionary and formulaic incentive and retention
awards. Citi offers competitive employee benefits, including:
medical, dental & vision coverage; 401(k); life, accident, and
disability insurance; and wellness programs. Citi also offers paid
time off packages, including planned time off (vacation), unplanned
time off (sick leave), and paid holidays. For additional
information regarding Citi employee benefits, please visit
citibenefits.com. Available offerings may vary by jurisdiction, job
level, and date of hire.
------------------------------------------------------ Anticipated
Posting Close Date: Apr 16, 2024
------------------------------------------------------ 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 .
Keywords: Citi, North Bergen , Head of Category Management-Senior Category Manager-Senior Vice President, Executive , New York, New Jersey
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