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Vendor Optimization Lead Analyst
2 months ago
This position is for a Vendor Optimization Lead Analyst within the newly established O&T Analytics & Decision Management team. This team collaborates with various stakeholders to formulate vendor management strategies, pinpoint optimization prospects for hardware, software, and third-party resources across Operations & Technology, and establish guidelines regarding vendor expenditures. The role necessitates strong communication and diplomatic skills to guide and influence colleagues across different departments. It presents an opportunity to create a substantial impact through intricate deliverables.
Key Responsibilities:
- Extract and present clear insights and recommendations from complex data sets utilizing both qualitative and quantitative analysis techniques.
- Collaborate with Sourcing and stakeholders to minimize costs and enhance efficiency by consolidating and rationalizing suppliers.
- Identify data patterns and trends to improve business decision-making capabilities.
- Increase transparency of current expenditures within each commodity.
- Simplify processes to facilitate decision-making and enhance accountability.
- Provide strategic guidance to align operational processes with organizational objectives.
- Engage with stakeholders to comprehend information requirements and design integration strategies.
- Manage stakeholder engagement and promote the adoption of recommendations.
- Assist in strategic expense management initiatives by working closely with senior management.
- Continuously refine processes and strategies by assessing new data sources and tools.
Knowledge & Experience Required:
- Ability to articulate data insights using business intelligence and data visualization methods.
- Proficient in analyzing complex data to convert it into actionable insights.
- Capable of breaking down complex problems into manageable components for resolution.
- Effective in high-pressure environments with tight deadlines.
- Skilled in planning, analyzing, and managing multiple priorities efficiently.
- Committed to quality, detail orientation, and ongoing improvement.
- Effective communicator at all organizational levels.
- Adept at managing stakeholders and influencing cross-functional teams.
- Ability to translate financial concepts for teams with varying levels of financial literacy.
- Exhibit sound judgment and strong leadership capabilities.
Qualifications:
- Over 10 years of experience in financial management.
- Bachelor's degree in Finance, Accounting, or a related discipline.
- Experience in financial services and Operations & Technology organizations is preferred.
- Demonstrated success in collaborating with cross-functional teams.
- Proven leadership skills in fostering a collaborative team environment.
- Proficient in MS Office Suite and Business Intelligence tools.
- Creative thinker with the ability to challenge conventional wisdom.
Job Family Group:
Operations - Core
Job Family:
Business Planning & Analysis
Time Type:
Full time
Compensation:
Competitive salary and benefits package.
Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to race, gender, national origin, disability, or status as a protected veteran.