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Citigroup Contract Remediation Analyst in Budapest, Hungary

Are you looking for a career move that will put you at the heart of a leading financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Contract Remediation Team within Citi’s Global Sourcing Department.

By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

Contract Remediation Senior Analyst is an intermediate level position responsible for providing SME support to the Citi Global Sourcing team and cross-functional stakeholders with focus on procurement activities related to contract remediation and gap disposition.

The overall objective of this role is to manage contracting processes and controls that can be most efficiently and effectively performed centrally, strengthening risk and control framework, and enabling sector sourcing teams to focus on obtaining the best value products and services for Citi stakeholders.

What you’ll do

  • Support projects related to contracting processes, and contract document maintenance and administration.

  • Perform analysis, negotiation, drafting, and implementation of contracts, as well as oversee contract compliance and remediation to minimize risk and exposure, and provide optimal terms and conditions Communicate with stakeholders to support contract remediation efforts.

  • Communicate with stakeholders to support contract remediation efforts.

  • Measure/track performance and reporting requirements for compliance with internal policies and external regulations

  • Contribute to corporate initiatives including approved supplier program, risk assessments, and contract templates.

  • Liaise with sourcing team, legal, internal customers, and suppliers to ensure all audit guidelines are met and adherence to Citi processes and procedures is achieved.

  • Help in overseeing Contract Review Checklist and contract disposition data quality program (control, reporting and training).

  • Support audit activities by responding to auditor questions and collect evidences.

  • Escalate the issues encountered in contract disposition by working with the appropriate sector sourcing teams

What we’ll need from you

  • 3-5 years of relevant experience dealing with Third Party Contracts

  • Experience in working with supplier contracts and Procurement tools (e.g. Oracle or SAP eSourcing)

  • Excellent English language knowledge both written and verbal, any additional language (French, Spanish, Italian) is an advantage

  • Proficient computer skills with a focus on Microsoft Office applications including MS Excel

  • Experience in vendor management, contracting, financial acumen, and commercial awareness

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.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

Job Family Group:

Corporate Services

Job Family:

Supply Chain

Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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