Citi Sourcing Manager and Team Lead in Budapest, Hungary

  • Primary Location: Hungary,Budapest,Budapest

  • Education: Bachelor's Degree

  • Job Function: Procurement

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: No

  • Job ID: 18051778


With a more than 30-year history of presence, ingenuity and leadership in Hungary, today, Citi Hungary operates as a unique global bank providing a wide range of world-class products and services to large local corporations, SMEs, multinational clients, financial institutions and the public sector. Together with our Citi Service Center Budapest, which was established in 2005 and provides services in various areas of Technology, Operations, Finance, and Risk & Control for Citi-entities worldwide, more than 2,000 employees working at Citi Hungary.

We are looking for a Sourcing Manager and Team Lead for our Team within the Sourcing organization.

Who we are? The team’s primary role is to conduct strategic sourcing and procurement for all major goods and services that are purchased by the Citi businesses which are located within ESC EMEA Sourcing and Procurement Operations CEE Cluster.

Sourcing Manager and Team Lead

Your tasks:

  • To develop and implement sourcing strategies as the EMEA Sourcing Manager for the assigned categories.

  • Achieve the procurement objectives for the categories including delivery of defined Cost Reduction and Cost Avoidance save targets as agreed during the planning process, be seen as an expert within the category and develop and maintain positive relationships across senior business stakeholders, the regional Sourcing category team, Global category lead and other internal stakeholders.

  • Manage and close any supplier service escalations raised by clients, resolve and mitigate effects of commercial disputes.

  • Lead cross-functional teams comprised of in-country Product Heads in the development and execution of sourcing strategies, Requests for Proposal, supplier selection, negotiation and contracting processes across all categories for assigned countries.

  • Analyze supplier proposals, structure and negotiate new (and renewal) supply agreements and manage supplier relations and performance.

  • Maintain appropriate contractual written agreements for all country

  • Identify opportunities to exercise e-sourcing methodologies.

  • Collaborate with local procurement teams to understand regional supply arrangements affecting in-country operations and work to identify new spend that can be leveraged in conjunction with the team.

  • Establish strong supplier and internal client relationships, maintain regular contact and develop processes and forums that enable forward planning of requirements for procurement fulfilment.

  • Maintain industry and subject matter expertise for all categories under direct spends.

  • Coordinate all administrative requirements including approved supplier program, supplier diversity, contract management system, procure-to-pay system, and related metrics and reporting.

  • People management responsibility for a team, including coaching and training, as well as regular performance management.

  • Actively work to attract/identify, develop and retain talent in the organization

  • Support Group/Function Manager in setting team goals, objectives and strategy

Your profile:

  • At least 5 years Sourcing or Transactional Procurement and 3 years of direct people management experience

  • Experience in operating in business English in a corporate role is a must – fluent English knowledge is required, French or Arabic would be a great advantage

  • Confident knowledge of MS Office programs

  • Accuracy, attention to detail

  • Ability to work under pressure, with short deadlines

  • Diplomatic skills / political savvy

What we offer:

  • Opportunity to gain in-depth knowledge of a Shared Services and Supply Chain organization.

  • Regional and Global exposure

  • Opportunity to develop team management,

  • Opportunity to develop into a financial shared service professional, especially in terms of:

  • Stakeholder management

  • Problem solving

  • Strategic thinking

  • Influencing skills

Apply now to be part of this multicultural and dynamic team. Your place is here.


Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.