Markets Vendor Relationship Management - Senior Vice President - Citi - #2123219
eFinancialCareers
Date: 1 hour ago
City: London
Contract type: Full time
Work schedule: Full day
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Job Overview
Markets Vendor Relationship Management SVP
Team/Role Overview
Citi Markets, Business Execution / Chief of Staff Office is a dedicated team responsible for driving business execution working closely with the Markets Head, Chief Operating Officer and other Markets leaders.
Responsibilities of the team include:
- Business planning: Supporting business reviews, earnings presentation, annual planning, goal setting, etc
- Strategy: Developing business growth plans over short- to medium-term and managing strategic risk
- Expense management: Enabling Markets to meet target through managing delivery of initiatives such as location strategy, third-party management, expenses controls
- Human Capital: Ensuring Markets has the talent and culture to succeed
- Communication: Supporting internal communications, such as Townhalls and Markets wide memos
The role collaborates closely with Citi's enterprise and cross-businesses cost management teams, and broadly across the organisation, including Markets Sales & Trading, Markets CAOs, Markets Innovation, Markets Strategic Investments, and Functions and other Citi businesses that rely on the same vendors.
What you'll do
We are seeking a highly motivated and talented individual to join the team, offering a unique opportunity to gain exposure to - and rapidly develop through - managing Citi Markets' most strategic vendor relationships. Activities include but are not limited to:
- Senior vendor engagement: Ensure Markets senior engagement with top vendors, with a particular focus on Financial Market Infrastructures (FMIs). Act as the single point to deepen and facilitate engagements with Markets' largest vendors.
- Meeting and stakeholder management: Organise meetings, gather feedback from internal stakeholders, prepare materials and manage follow-ups, coordinating regular senior engagement internally and externally.
- Partnerships beyond cost: While maintaining a strong focus on cost management, develop partnerships that go beyond cost - including innovation and other commercial opportunities that create mutual value.
- Vendor management reporting: Develop vendor-specific management reports, focusing on spend, savings and opportunities, and driving transparency on commercial outcomes through both cost and revenue lenses.
- Negotiation and deal support: Support negotiations and deals led by the cross-Markets and business-specific vendor management teams.
- Governance and collaboration: Collaborate with enterprise vendor management teams and support governance processes for top vendors, complementing rather than duplicating procurement and third-party oversight functions.
- AI-enabled program management: Leverage AI to manage the program - tracking vendors' activities, market intelligence and analytics, identifying opportunities, and tracking issues and agreed deliverables.
- Demonstrable experience in a relevant financial services environment, ideally including vendor / supplier relationship management, procurement, sourcing or third-party management, or gained in a top-tier consulting firm supporting financial institution clients on strategic engagements
- Experience engaging with, or a strong understanding of, Financial Market Infrastructures (FMIs), exchanges, market data providers, inter-dealer brokers and other key Markets vendors
- Proven ability to remain agile and adaptable in high-pressure environments, including managing shifting priorities, tight deadlines and complex stakeholder expectations
- A commercial mindset with a track record of driving cost savings and identifying revenue and partnership opportunities
- Exceptional attention to detail, analytical and problem-solving skills, with a track record of producing accurate, high-quality deliverables
- High proficiency in MS Office Suite; particularly Excel (data manipulation) and PowerPoint (storyboarding and executive-ready materials)
- Highly collaborative and effective at building an internal network, with the ability to influence stakeholders and coordinate senior engagement across teams
- Strong academic background with a degree from a leading university, demonstrating intellectual curiosity, critical thinking and a commitment to continuous learning
- Passionate about - with a track record in - applying AI / developing AI solutions, particularly to support vendor tracking, market intelligence, analytics and program management
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi, 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 base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- A discretionary annual performance related bonus
- Generous holiday allowance
- Private medical insurance packages to suit your personal circumstances
- Employee Assistance Program
- Pension Plan
- Paid Parental Leave
- Special discounts for employees, family, and friends
- Access to an array of learning and development resources
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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