Strategic Supply Chain Sourcing Lead Analyst
Citi · Chennai, Tamil Nadu · Full-Time
Supply Chain Sourcing Lead Analyst
Company: Citi
Employment Type: Full-Time
Department: Corporate Services – Procurement & Strategic Sourcing
Experience Required: 7+ Years
About Citi
Citi is one of the world's leading financial institutions, serving millions of customers across more than 160 countries and jurisdictions. The organization is committed to delivering responsible financial services while fostering a culture of integrity, collaboration, innovation, and excellence.
At Citi, employees are empowered to drive meaningful impact through teamwork, accountability, and continuous learning while contributing to a global organization that values diversity, inclusion, and professional growth.
About the Role
Citi is seeking an experienced Supply Chain Sourcing Lead Analyst to lead strategic sourcing and procurement initiatives across Enterprise Software, Business Applications, Application Development & Maintenance (ADM), and related Technology Services.
The successful candidate will be responsible for managing end-to-end sourcing activities, leading complex supplier negotiations, developing category strategies, driving commercial value, and managing strategic supplier relationships within a global, matrixed environment.
This is an excellent opportunity for procurement professionals with strong expertise in technology sourcing, contract negotiations, financial modeling, and supplier management.
Key Responsibilities
Strategic Sourcing & Category Management
- Develop and execute sourcing strategies for Enterprise Software, Business Applications, ADM services, and other technology-related categories.
- Build strong partnerships with internal business stakeholders to understand strategic priorities, procurement requirements, and business objectives.
- Develop category strategies that optimize cost, quality, supplier performance, and long-term business value.
- Conduct market research, supplier benchmarking, and industry analysis to identify sourcing opportunities and support strategic decision-making.
End-to-End Procurement & Contract Management
- Lead complete sourcing lifecycle activities, including:
- Business requirement gathering
- Spend analysis and baseline development
- Market research and supplier evaluation
- RFI, RFP, RFQ, and eAuction management
- Supplier proposal evaluation and scoring
- Commercial negotiations
- Due diligence and risk assessment
- Contract drafting, review, negotiation, and execution
- Contract administration and documentation
- Ensure sourcing activities comply with organizational procurement policies, governance standards, and regulatory requirements.
Supplier Relationship Management
- Develop and maintain strategic relationships with global technology suppliers and service providers.
- Monitor supplier performance across quality, delivery, service levels, innovation, risk, and commercial performance.
- Lead supplier governance meetings and performance reviews.
- Drive supplier development initiatives that improve operational efficiency and business outcomes.
Commercial Negotiation & Financial Analysis
- Lead negotiations for high-value, multi-year technology contracts and strategic sourcing initiatives.
- Develop commercial negotiation strategies that maximize cost savings, value creation, and contractual protections.
- Perform financial modeling, pricing analysis, and deal structuring to support sourcing decisions.
- Identify opportunities for cost optimization and supplier consolidation.
Procurement Governance & Compliance
- Ensure all sourcing activities comply with Citi's procurement policies, supplier governance framework, and contractual standards.
- Manage procurement documentation, supplier due diligence, and contract records throughout the sourcing lifecycle.
- Support audit readiness and regulatory compliance initiatives.
Cross-Functional Leadership
- Lead global sourcing initiatives involving Procurement, Technology, Legal, Finance, Risk, Compliance, and Business stakeholders.
- Facilitate cross-functional project teams to deliver complex sourcing programs on schedule.
- Promote collaboration, knowledge sharing, and best practices across global sourcing teams.
Required Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, Procurement, Engineering, Finance, Information Technology, or a related discipline.
- MBA or Postgraduate qualification in Supply Chain, Procurement, Business Administration, or a related field is preferred.
Experience
- 7+ years of experience in Strategic Sourcing, Procurement, Category Management, Contract Management, or Supply Chain.
- Extensive experience sourcing Enterprise Software, Business Applications, Application Development & Maintenance (ADM), Cloud Services, IT Infrastructure, or Technology Services.
- Experience managing large, high-value, multi-year sourcing and contracting initiatives.
- Experience working within large multinational or highly matrixed organizations.
- Financial Services industry experience will be an added advantage.
Desired Skills
- Strategic Sourcing
- Category Management
- Technology Procurement
- Enterprise Software Procurement
- IT & Business Application Sourcing
- Application Development & Maintenance (ADM) Procurement
- Supplier Relationship Management (SRM)
- Contract Negotiation & Commercial Management
- RFI, RFP, RFQ & eAuction Management
- Financial Modeling & Commercial Analysis
- Spend Analysis & Category Strategy
- Procurement Governance & Compliance
- Supplier Risk Assessment
- Market Intelligence & Benchmarking
- Contract Lifecycle Management
- Procurement Systems (eRFx, eAuction, Procure-to-Pay/P2P Platforms)
- Stakeholder Management
- Project Management
- Advanced Analytical & Problem-Solving Skills
- Excellent Communication, Presentation & Negotiation Skills
Why Join Citi?
- Work with one of the world's leading global financial institutions.
- Lead high-impact global sourcing initiatives across strategic technology categories.
- Collaborate with international business leaders, procurement experts, and cross-functional teams.
- Gain exposure to complex global procurement programs, supplier strategy, and commercial negotiations.
- Access world-class learning opportunities, leadership development programs, and long-term career growth within a global organization.