Procurement & Third Party Management Contract Remediation Disposition Analyst

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Procurement & Third Party Management Contract Remediation Disposition Analyst

2025.04.08.

Summary

budapest, HUN

Hybrid

Medior

Introduction

Our partner is a global leader in the banking sector, serving more than 200 million domestic, corporate, state, and organizational clients worldwide. It was one of the first international shared service centers in Hungary, opening its doors in 2005 and presently facilitating services for 95 countries on an international level. 

Description

Citi Procurement & Third Party Management Contract Remediation Disposition 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 Gap disposition. The overall objective of this role is to manage sourcing processes 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.Performs activities related to third-party contract review and gap analysis as well as contract remediation in face of regulatory and policy related contractual requirements. Manage the analysis, negotiation, drafting, and implementation of contracts at a global level, as well as oversee third-party contract compliance and remediation to minimize risk and exposure, and provide optimal terms and conditions for the company. Communicate with stakeholders to support contract remediation efforts.Measure/track performance and reporting requirements for compliance with internal policies and external regulations.Liaise with sourcing team, legal, internal customers, and suppliers to ensure all policy guidelines are met and adherence to Citi processes and procedures is achieved.Has the ability to operate with a limited level of direct supervision.Can exercise independence of judgement and autonomy.Ability to manage Projects and ensure tracking and completion by committed dates using Microsoft Excel. 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.Properly escalate with management, issues encountered in contract disposition by working with the appropriate sector sourcing team, escalate non-compliant actions by colleagues.

Tasks

This intermediate-level position provides subject matter expertise support to Global Sourcing team and stakeholders, focusing on procurement contract gap disposition. The role aims to centralize sourcing processes for efficiency and effectiveness, strengthen risk and control frameworks, and empower sector sourcing teams to secure optimal value for stakeholders.

  • Contract Review & Remediation: Conduct third-party contract reviews, gap analyses, and remediation in response to regulatory and policy requirements.
  • Stakeholder Communication: Communicate effectively with stakeholders to support contract remediation efforts.
  • Performance Tracking & Reporting: Measure, track, and report on performance and compliance with internal policies and external regulations.
  • Collaboration: Liaise with sourcing teams, legal, internal customers, and suppliers to ensure policy compliance and adherence to processes.
  • Independent Operation: Operate with limited supervision, exercising independent judgment and autonomy.
  • Project Management: Manage projects, ensuring tracking and timely completion using Microsoft Excel.
  • Risk Assessment: Assess risk in business decisions, prioritizing reputation and safeguarding its clients and assets. Drive compliance with laws, rules, regulations, and policies. Demonstrate ethical judgment and escalate, manage, and report control issues transparently. Supervise others and hold them accountable for maintaining these standards.
  • Issue Escalation: Escalate contract disposition issues to management, collaborating with sector sourcing teams. Report non-compliant actions by colleagues.

Core Competencies:

  • Contract Negotiation & Management
  • Risk Management & Compliance
  • Stakeholder Management & Communication
  • Project Management (using Excel)
  • Analytical & Problem-Solving Skills
  • Independent Work & Decision-Making
  • Ethical Conduct & Professionalism

Expectations

  • Advanced English Level (B2 or C1), written and spoken.
  • +2 years of Third-Party Contract Management experience, including contract drafting and vendor negotiations.
  • Experience working within the parameters of set policies and procedures in a large multinational firm.
  • Basic understanding of legal and regulatory frameworks governing vendor contracts.
  • Proficient computer skills with a focus on Microsoft Office applications.
  • Consistently demonstrates clear and concise written and verbal communication in English. 
  • Bachelor’s degree/University degree in Law, Business, or related field. 

Advantages

Immediate start is an advantage.

Employer's offer

  • Freedom to succeed in a dynamic environment: Creative and innovative ideas are encouraged and recognized
  • A positive and inclusive work environment in which diversity and cross-regional work-streams are key components
  • An environment conducive to developing supervisory/leadership/presentation skills and building a professional network across the organization globally
  • Hybrid (office/home office) presence

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Procurement & Third Party Management Contract Remediation Disposition Analyst

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HUN budapest hybrid medior Our partner is a global leader in the banking sector, serving more than 200 million domestic, corporate, state, and organizational clients worldwide. It was one of the first international shared service centers in Hungary, opening its doors in 2005 and presently facilitating services for 95 countries on an international level.  Citi Procurement & Third Party Management Contract Remediation Disposition 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 Gap disposition. The overall objective of this role is to manage sourcing processes 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.Performs activities related to third-party contract review and gap analysis as well as contract remediation in face of regulatory and policy related contractual requirements. Manage the analysis, negotiation, drafting, and implementation of contracts at a global level, as well as oversee third-party contract compliance and remediation to minimize risk and exposure, and provide optimal terms and conditions for the company. Communicate with stakeholders to support contract remediation efforts.Measure/track performance and reporting requirements for compliance with internal policies and external regulations.Liaise with sourcing team, legal, internal customers, and suppliers to ensure all policy guidelines are met and adherence to Citi processes and procedures is achieved.Has the ability to operate with a limited level of direct supervision.Can exercise independence of judgement and autonomy.Ability to manage Projects and ensure tracking and completion by committed dates using Microsoft Excel. 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.Properly escalate with management, issues encountered in contract disposition by working with the appropriate sector sourcing team, escalate non-compliant actions by colleagues. This intermediate-level position provides subject matter expertise support to Global Sourcing team and stakeholders, focusing on procurement contract gap disposition. The role aims to centralize sourcing processes for efficiency and effectiveness, strengthen risk and control frameworks, and empower sector sourcing teams to secure optimal value for stakeholders.Contract Review & Remediation: Conduct third-party contract reviews, gap analyses, and remediation in response to regulatory and policy requirements.Stakeholder Communication: Communicate effectively with stakeholders to support contract remediation efforts.Performance Tracking & Reporting: Measure, track, and report on performance and compliance with internal policies and external regulations.Collaboration: Liaise with sourcing teams, legal, internal customers, and suppliers to ensure policy compliance and adherence to processes.Independent Operation: Operate with limited supervision, exercising independent judgment and autonomy.Project Management: Manage projects, ensuring tracking and timely completion using Microsoft Excel.Risk Assessment: Assess risk in business decisions, prioritizing reputation and safeguarding its clients and assets. Drive compliance with laws, rules, regulations, and policies. Demonstrate ethical judgment and escalate, manage, and report control issues transparently. Supervise others and hold them accountable for maintaining these standards.Issue Escalation: Escalate contract disposition issues to management, collaborating with sector sourcing teams. Report non-compliant actions by colleagues.Core Competencies:Contract Negotiation & ManagementRisk Management & ComplianceStakeholder Management & CommunicationProject Management (using Excel)Analytical & Problem-Solving SkillsIndependent Work & Decision-MakingEthical Conduct & Professionalism Advanced English Level (B2 or C1), written and spoken.+2 years of Third-Party Contract Management experience, including contract drafting and vendor negotiations.Experience working within the parameters of set policies and procedures in a large multinational firm.Basic understanding of legal and regulatory frameworks governing vendor contracts.Proficient computer skills with a focus on Microsoft Office applications.Consistently demonstrates clear and concise written and verbal communication in English. Bachelor’s degree/University degree in Law, Business, or related field.  Immediate start is an advantage. Freedom to succeed in a dynamic environment: Creative and innovative ideas are encouraged and recognizedA positive and inclusive work environment in which diversity and cross-regional work-streams are key componentsAn environment conducive to developing supervisory/leadership/presentation skills and building a professional network across the organization globallyHybrid (office/home office) presence