Markets Vendor Relationship Management - Senior Vice President

Job d:

Location:

London, England, United Kingdom Category:
Project and Program Management, Professional Company:
Citi Markets Vendor Relationship Management SVPTeam/Role Overview Citi Markets, Business Execution / Chief of Staff Office is a dedicated team responsible for driving business execution working closely with the Markets Head, Chief Operating Officer and other Markets leaders.

Responsibilities of the team include:

Business planning:
Supporting business reviews, earnings presentation, annual planning, goal setting, etc Strategy:
Developing business growth plans over short- to medium-term and managing strategic risk Expense management:
Enabling Markets to meet target through managing delivery of initiatives such as location strategy, third-party management, expenses controls

Human Capital:
Ensuring Markets has the talent and culture to succeed   Communication:
Supporting internal communications, such as Townhalls and Markets wide memos

The newly created Vendor Relationship Management role sits within Markets COO – Business Execution (Resource Management) and builds on Citi's successful brokers and Market Data vendor management capability, expanding its scope beyond cost into broader commercial value. As the point of contact for Markets' largest and most strategic vendors, the successful candidate will deepen and facilitate senior engagement with key vendors, and drive commercial outcomes through both cost and revenue lenses.

The role collaborates closely with Citi's enterprise and cross-businesses cost management teams, and broadly across the organisation, including Markets Sales & Trading, Markets CAOs, Markets Innovation, Markets Strategic Investments, and Functions and other Citi businesses that rely on the same vendors.

What you’ll doWe are seeking a highly motivated and talented individual to join the team, offering a unique opportunity to gain exposure to — and rapidly develop through — managing Citi Markets' most strategic vendor relationships. Activities include but are not limited to:

Senior vendor engagement:
Ensure Markets senior engagement with top vendors, with a particular focus on Financial Market Infrastructures (FMIs). Act as the single point to deepen and facilitate engagements with Markets' largest vendors.

Meeting and stakeholder management:
Organise meetings, gather feedback from internal stakeholders, prepare materials and manage follow-ups, coordinating regular senior engagement internally and externally.

Partnerships beyond cost:
While maintaining a strong focus on cost management, develop partnerships that go beyond cost — including innovation and other commercial opportunities that create mutual value.

Vendor management reporting:
Develop vendor-specific management reports, focusing on spend, savings and opportunities, and driving transparency on commercial outcomes through both cost and revenue lenses.

Negotiation and deal support:
Support negotiations and deals led by the cross-Markets and business-specific vendor management teams.

Governance and collaboration:
Collaborate with enterprise vendor management teams and support governance processes for top vendors, complementing rather than duplicating procurement and third-party oversight functions.

AI-enabled program management:
Leverage AI to manage the program — tracking vendors' activities, market intelligence and analytics, identifying opportunities, and tracking issues and agreed deliverables.

What we'll need from you Demonstrable experience in a relevant financial services environment, ideally including vendor / supplier relationship management, procurement, sourcing or third-party management, or gained in a top-tier consulting firm supporting financial institution clients on strategic engagements

Experience engaging with, or a strong understanding of, Financial Market Infrastructures (FMIs), exchanges, market data providers, inter-dealer brokers and other key Markets vendors

Proven ability to remain agile and adaptable in high-pressure environments, including managing shifting priorities, tight deadlines and complex stakeholder expectationsA commercial mindset with a track record of driving cost savings and…