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Supply Chain Senior Sourcing Manager

Hungary, Budapest Employment contract · Job Posted November 27, 2025
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Job Description

The Supply Chain Senior Sourcing Manager is a senior-level position responsible for leading procurement activities for the Employee Benefits category in EMEA, focusing on medical and life insurances. Responsibilities include leading negotiations for terms and conditions, price, analyzing suppliers, and agreeing on contracts in coordination with the HR Benefits team. The manager oversees sourcing strategy and processes for the procurement group, develops supplier management programs, leads financial modeling, and supports strategic directions with stakeholders. Qualifications include 6-10 years of sourcing experience, certified purchase credentials (e.g., CPM or CIPS), expertise in insurance and HR benefits programs, advanced skills in Excel and eProcurement tools, and experience in deal structuring and negotiations.

Job Responsibility

  • Oversee sourcing strategy, develop standards, policies, targets, and category strategies as well as coordinate the sourcing process for the various products and services within the procurement group
  • Lead and/or participate regional category forums maintaining high level sourcing processes and team
  • Develop and/or implement market analyses/benchmarking processes and leverage key insights to inform and support the category strategy development process
  • Develop and/or implement a strategic supplier management program to ensure optimal supply chain performance
  • Perform financial modeling and lead development and execution of negotiation strategies for high-value and complex multi-year deals
  • Set strategic direction with suppliers, establish supplier qualification criteria, develop contract requirements and master agreements, model total cost of ownership, and negotiate and manage contracts
  • Lead support for cross functional teams in developing and executing sourcing, supplier management strategies, and complex contract negotiations
  • Develop strategies for sourcing, supplier management, negotiation, productivity, and customer and supplier relationships
  • Coach and train more junior sourcing managers as well as serve in informal/formal leadership roles within team
  • Has the ability to operate with a limited level of direct supervision
  • Can exercise independence of judgement and autonomy
  • Acts as SME to senior stakeholders and/or other team members
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Requirements

  • 6-10 years of relevant Sourcing experience
  • Certified Purchase Professional such as CPM or CIPS preferred
  • Experience in sourcing or procurement in a large, multi-national organization
  • Experience with Insurance (medical, life, disability) and other HR Benefit Programs
  • Experience in complex deal structuring, negotiations, and contracting
  • Advanced computer skills with a focus on Microsoft Excel
  • Very High Competency in eProcurement tools (e.g GEP, Oracle, Procure-to-Pay, eAuction, eRFx)
  • Demonstrated strategic sourcing/procurement, stakeholder management, relationship management, and influencing skills
  • Bachelor’s degree/University degree or equivalent experience
  • Master’s degree preferred

What we offer

  • Cafeteria Program
  • Home Office Allowance (for colleagues working in hybrid work models)
  • 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
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