Software/IT Sourcing Lead Analyst

Are you a tech-savvy individual with a knack for sourcing top-tier software and IT solutions? Do you thrive in a fast-paced, dynamic environment and possess exceptional analytical skills? If so, we have an exciting opportunity for you to join our team as a Software/IT Sourcing Lead Analyst at Citi. As a global leader in the financial industry, we are constantly seeking innovative and cutting-edge technology to enhance our business operations. In this role, you will play a crucial role in identifying, evaluating, and negotiating with vendors to ensure the best technology solutions for our organization. If you have a strong understanding of software and IT products, along with excellent communication and project management skills, we encourage you to apply for this position. Join us and be part of a team that is shaping the future of banking and finance.

1. Identify and evaluate potential software and IT solutions that align with the organization's needs and objectives.
2. Conduct thorough market research to stay updated on the latest technology trends and advancements.
3. Establish and maintain relationships with vendors to negotiate the best deals and contracts for the organization.
4. Collaborate with cross-functional teams to understand their technology requirements and provide recommendations for suitable solutions.
5. Develop and implement sourcing strategies to optimize costs and ensure timely delivery of technology solutions.
6. Conduct thorough cost-benefit analyses to support decision-making and ensure the organization receives the best value for its investments.
7. Monitor and track vendor performance to ensure compliance with agreed-upon contracts and service level agreements.
8. Communicate effectively with internal stakeholders to provide updates on sourcing activities and ensure alignment with business objectives.
9. Lead the vendor selection process, including managing RFPs and contract negotiations.
10. Stay updated on industry regulations and compliance requirements related to technology sourcing and ensure the organization remains in compliance.
11. Provide guidance and mentorship to junior team members to support their professional development and growth.
12. Continuously evaluate and improve sourcing processes to enhance efficiency and effectiveness.
13. Collaborate with IT and business leaders to develop technology roadmaps that align with the organization's strategic goals.
14. Stay updated on emerging technologies and provide recommendations for their potential implementation within the organization.
15. Contribute to the overall success of the organization by actively participating in team meetings, sharing ideas, and supporting the achievement of team goals.

According to JobzMall, the average salary range for a Software/IT Sourcing Lead Analyst in New York, NY, USA is between $75,000 and $120,000 per year. This can vary depending on factors such as the size and industry of the company, the individual's level of experience and skill, and the specific responsibilities and duties of the role. Some higher-paying positions may offer salaries upwards of $150,000 per year.

Citigroup, Inc. is a global financial services holding company specializes in banking and financial solutions. It offers a range of products and services among individuals, corporations, governments and institutions such as savings, checking, online banking, individual retirements accounts, credit cards; personal, student, and commercial real estate loans, cash management services, home equity, and bill consolidation, as well as online banking services, cash management, transactions, trade, securities, and fund services.