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IT Procurement Manager

Citi

Citi

IT, Operations
Budapest, Hungary
Posted on Apr 23, 2025
Join our team in Budapest and make your own progress in a supportive and friendly environment!

As an IT Procurement Manager within Procurement and Third-Party Management function, you will become a member of a high-performing EMEA Technology Procurement team that identifies and leads procurement and contracting initiatives focused on the IT expense categories.

The successful candidate will have experience leading procurement initiatives and negotiating contracts across IT products and services in Data Centre Hardware, Network Equipment and/or Network Services / Data Circuits spend categories, in a complex multinational organization.

Responsibilities:

  • Establish strong relationships with internal business / IT functional stakeholders; build a strong understanding of strategic business direction, requirements and priorities across assigned projects, suppliers and/or spend categories

  • Develop and maintain a comprehensive understanding of Citi’s policies and procedures related to supplier selection, contracting and ongoing management, ensuring all requirements are met and documented throughout the end-to-end procurement process

  • Develop and manage RFP processes to support business, category and project strategies

  • Perform financial analysis including demand scenario modelling, P&L impact analysis and benchmark comparisons to support supplier selection and negotiation processes

  • Develop, lead and/or manage a portfolio of initiatives across the end-to-end procurement and contracting process

  • Lead the development and execution of negotiation strategies for assigned projects

  • Lead contract negotiations, partnering with Legal and business function, to optimize overall value including financial outcomes, service levels and risk mitigation

  • Manage supplier relationships with a focus on quality, service, delivery, risk and cost

Requirements:

  • Bachelor's or equivalent degree from an accredited College or University

  • 5 years of previous Procurement, Contracting, Buying Desk and/or Business-related experience; preferably in the procurement of IT products and services

  • Knowledge and experience with Procurement applications (e.g. eRFx, eAuction, P2P)

  • Experience working in a large, global, highly matrixed organization

  • Financial Services industry experience is a plus

  • Proven track record of leading procurement and contracting initiatives

  • Experience in creating purchase orders, liaising with catalogue updates in P2P, being familiar with the maker-checker concept is a plus

  • Excellent organizational, analytical, and time-management skills

  • Excellent interpersonal, communication, presentation, and negotiation skills

  • Strong financial modelling and deal structuring skills

  • Takes initiative and can effectively organize, multi-task and prioritize a wide array of initiatives

  • Aptitude for innovation

  • High integrity and ethics

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.

#LI-EV1

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Job Family Group:

Corporate Services

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Job Family:

Supply Chain

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Time Type:

Full time

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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.

View Citi’s EEO Policy Statement and the Know Your Rights poster.