Senior IS Analyst-VRM

1 month ago

Hyderabad, India F3328 FTIS (India) Pvt Ltd, FT Park Hyd Branch Full time

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

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.

What are the ongoing responsibilities of a Senior Procurement Analyst?

Be part of the Global Team covering hundreds of millions in Corporate Services Spend.

Work with Global Business teams across facilities, legal, HR, Professional Services and marketing to understand their requirements for the service / product.

Lead new opportunities, renewals, extensions, additional modules / services, or terminations.

Finalize deals (Manage the Full Cycle) including exploring the market, sourcing, negotiating the contract & commercials (redlines, pricing, positions and counter positions)

Conduct Spend & Contract analytics, help drive and shapeup a robust category strategy.

Work to establish a strong vendor management strategy including Vendor Performance, Governance & Engagement Overview

Be constantly watching and reporting market movements (M&A, Major Announcements etc.) for key vendors.

What ideal qualifications, skills & experience would help someone to be successful?

Minimum of 5+ years of Experience (Additional Experience Welcome) in Strategic Sourcing / Procurement / Vendor Management (Financial Services Preferred; However, Experience in Other Industries is also welcome & appreciated)

Bachelor’s degree or equivalent experience required.

Excellent contract management and negotiation skills with creative problem-solving approach.

Organized and ability to manage 10+ engagements at one time

Familiarity in Spend Analytics

Experience in reviewing contract documents (redlines) with positions and counters.

Sound communication skills (verbal and written)

Ability to develop strategy by synthesizing large amounts of data to actionable next steps

Reasonable Familiarity with using Data Visualization Tools (Power BI)

Reasonable Familiarity with Coupa / Ariba or other S2P systems (running sourcing events, Contract workspace, Requests, Pipeline etc)

Exposure to different commercial models and negotiate the best possible outcome.

Intermediate Excel skills (Pivot Tables, Formulas, Queries, etc.)

Job Level - Individual Contributor

Work Shift Timings - 11:00 AM – 8:00 PM IST ( ) / 1:00 PM – 10:00 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.

 
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.

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

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 to search for or apply for one of our positions, please send an email to . In your email, please include the accommodation 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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