Citi Operations Senior Accounting Lead Analyst in Chennai, India

  • Primary Location: India,Tamil Nadu,Chennai

  • Education: Bachelor's Degree

  • Job Function: Operations

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 17064467

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.

Citi’s Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

The Technology Services Sourcing Manager will be asked to efficiently and independently perform the duties and responsibilities for this role as outlined below:

  • In partnership with Citi stakeholders: identify, develop, sell (to stakeholders) and execute agreed saves projects in alignment with agreed strategy. These multi-million dollar projects will span across multiple geographies and businesses

  • Actively manage designated stakeholders and vendor relationships

  • Lead complex tenders and supply agreement negotiations independently or as part of a virtual team

  • Be the subject matter expert on the development and execution of ‘best fit’ commercial documents for the protection of Citi's contractual interests, satisfaction of customer's needs, and adherence to regulation, legislation and company policy

  • Responsibility to co-ordinate the resolution of commercial issues both, pre and post stakeholder / supplier escalation - keeping senior management informed as deemed necessary

  • Build and maintain strong working relationships with internal clients, SME’s (legal, risk, compliance, IT, finance) and global /regional/country ESC colleges and at all times work in a collaborative manner to achieve optimal outcomes for Citi

  • Support the realization of the annual cost reduction targets

Qualifications

  • Education Level: Bachelor's Degree

  • Primary Location: Chennai - India

  • Job Category : Procurement

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status : Regular

  • Travel: Occasional

  • Grade/Level: C13

  • Relocation: No

  • Office Location / Address: Chennai - India

Candidate must have a minimum of ten years experience in procurement, with the emphasis on:

  • Technology sourcing

  • Knowledge on IT services, including outsourcing and offshoring

  • Knowledge on software licensing, hardware and telecom

  • Complex negotiations, commercial models and contract drafting

  • Vendor and contract management

Prior experience on other relevant fields or roles are considered as a plus:

  • Service provider account management

  • IT service delivery experience

  • Financial Services

Comfortable working within the Citi organization and culture – specifically:

  • Working across multiple geographies, time zones and stakeholders

  • Working with minimal supervision

  • Taking ownership and being accountable

  • Comfortable with a high level of responsibility

  • Working effectively whilst under deadline pressures

  • An underlying commitment to customer service

  • Excellent interpersonal, communication and negotiation skills with strong influencing and persuasive talents

  • Bachelor Degree or equivalent experience, MBA preferred

  • Certified Purchase Professional such as CPM or CIPS is a plus