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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 Market Data Procurement Team.

By joining Citi, you will become part of a global organisation 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 Procurement Department plays a pivotal role in supporting Citi’s mission. We are seeking a Procurement Category Manager to join our dynamic team.

You as a Market Data Procurement Manager ("PM") will be responsible for a large number of suppliers and contracts. We leverage a central team to renew most of our contracts, but you will be responsible for all aspects of commercial supplier management, including execution of new contracts and providing insight into the suppliers’ market data products and services.

You will work with legal, business stakeholders and suppliers to drive projects to completion.

While the role assumes a certain amount of autonomy, the team consists of a number of well experienced SME's who will provide assistance and guidance during the initial period to help you advance on the learning curve.

What you’ll do

The overall objective of your role is to ensure the seamless and uninterrupted delivery of market data services while managing cost increases.

• Manage a substantial number of suppliers and contracts, and lead negotiation with suppliers and internal stakeholders (business, legal, etc).

• 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 as well as oversee contracts/suppliers for compliance, deliverables, and opportunities.

• Communicate with stakeholders to identify opportunities to reduce the total cost of ownership of the procurement process as well as negotiate agreements to minimize cost, risk and exposure, and provide optimal terms and conditions.

• Monitor the supplier market and identify opportunities.

• 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 experts.

• Work globally with a focus on EMEA.

What we’ll need from you

• 3-5 years of experience in a related role, preferably in a in a fast-paced environment

• Excellent communication skills in English – both verbal and written

• Familiarity with Market Data suppliers, products, and services, contract management system

• Basic understanding of third-party due diligence

• Experience within contract and vendor management

• Demonstrated business acumen, critical thinking and relationship building skills

• Good analytical skills

• Experience working within the parameters of set policies and procedures in a large multinational firm

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.

The Market Data Procurement Manager ("PM") will be responsible for a large number of suppliers and contracts. We leverage a central team to renew most of our contracts, but the PM will be responsible for all aspects of commercial supplier management, including execution of new contracts and providing insight into the suppliersmarket data products and services. The PM will work with legal, business stakeholders and suppliers to drive projects to completion. The PM will act as a project manager in this role, and will be responsible for successful completion of projects. While the role assumes a certain amount of autonomy, the team consists of a number of well experienced SME's who will provide assistance and guidance during the initial period to help the candidate advance on the learning curve.

Job Family Group:

Corporate Services

Job Family:

Supply Chain

Time Type:

Full time

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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

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View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.