
Procurement Analyst
2 weeks ago
At Franklin Templeton, we're driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that's both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients' achievements.
Come join us in delivering better outcomes for our clients around the world
This Global Team is involved in various projects and opportunities across the globe, working on high value deals, strategic sourcing, supplier selection, commercial negotiations, contract reviews, category strategy and analytics.
What is the Enterprise Vendor Management group responsible for?The Enterprise Vendor Management team supports strategic initiatives and firm-wide objectives through the global management of labor and non-labor vendors for the purpose of delivering high quality vendor products and services to grow our investment management business, while optimizing the total cost of ownership.
You will be a part of the Global team covering a multi hundred-million-dollar Technology Spend Portfolio
You will be with the Global Tech & Business teams to understand their requirements for services, products, and platforms
You will work on new opportunities, renewals, extensions, buying additional modules, and services
You will be responsible for completing the assigned sourcing and contracting requests, while ensuring all records are up to date
You will follow up on requests during various stages and provide regular updates to stakeholders in the business, technology, legal, infosec and data privacy teams
You will launch and conduct sourcing events and monitor the intake queues for technology products and services requests
You will be involved in supplier negotiations (including contracts, commercials, sourcing events)
You will review, comment, and redline contract documents (MSAs, SOWS, EULA, Order Forms & Others.)
You will partner with Legal to work through conflicting or difficult positions by thinking critically to provide recommendations or alternative options
You will manage complex high value sourcing projects from time to time, to ensure optimal pricing and mutually favorable contractual terms, while balancing risk and value
You will build partnerships with key stakeholders and leverage relationships to influence strategic sourcing initiatives
Minimum of 3-4 years of experience in Strategic Sourcing, Procurement, and/or Vendor Management with a focus in the Technology category. (Financial services industry experience is preferred)
Minimum of bachelor's degree or equivalent experience
A reasonable understanding of sourcing and contracting principles & methodologies
Ability to perform data & spend analytics
Familiarity in reviewing contracts including general contract provisions, redlines, comments, etc.
Intermediate excel skills (Pivots, Formulas, Queries, Macros)
Familiarity in creating sourcing events, contract requests, and contract workspaces
Comfortable in dealing with ambiguity and navigating through situations without clear directions
Handle multiple, sometimes competing priorities and managing them with a calm, collected approach
Familiarity with Coupa, Ariba, Ivalua, GEP, OR other S2P application suites is a plus
Familiarity with data visualization tools (Power BI / Qlik / Tableau) is a plus
Job Level - Individual Contributor
Work Shift Timings - 2:00 PM – 11:00 PM IST
Experience our welcoming culture and reach your professional and personal potential
Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there's a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.
Hear more from our employees
By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life's adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.
Highlights of our benefits include:
Professional development growth opportunities through in-house classes and over 150 Web-based training courses
An educational assistance program to financially help employees seeking continuing education
Medical, Life and Personal Accident Insurance benefit for employees. Medical insurance also cover employee's dependents (spouses, children and dependent parents)
Life insurance for protection of employees' families
Personal accident insurance for protection of employees and their families
Personal loan assistance
Employee Stock Investment Plan (ESIP)
12 weeks Paternity leave
Onsite fitness center, recreation center, and cafeteria
Transport facility
Child day care facility for women employees
Cricket grounds and gymnasium
Library
Health Center with doctor availability
HDFC ATM on the campus
Learn more about the wide range of benefits we offer at Franklin Templeton
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.
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