The EVM Team is responsible for driving and managing third party commercial engagement across multiple departments (while working with key stakeholders across FT) with the appropriate category strategy, go to market approach, category & vendor governance for the multi hundred million dollar spend that happens every year within Franklin Templeton and its SIMS across multiple areas including Corporate Services, Technology, Market Data, Professional Services & Travel. What is the Senior Analyst – T... more details
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 EVM Team is responsible for driving and managing third party commercial engagement across multiple departments (while working with key stakeholders across FT) with the appropriate category strategy, go to market approach, category & vendor governance for the multi hundred million dollar spend that happens every year within Franklin Templeton and its SIMS across multiple areas including Corporate Services, Technology, Market Data, Professional Services & Travel.
What is the Senior Analyst – Technology Enterprise Vendor Management responsible for?
Collaborate with Global Tech & Business teams to understand their requirements for service / product / platform needs
Pursue new opportunities through market analysis (wherever required)
Manage the Renewal Calendar for the different stakeholders in the FTT CIO Org
Help Drive Category Strategy, Contract & Commercial Negotiations
Establish & Drive Vendor Governance, performance management strategies for the Tech Category
What are the ongoing responsibilities of a Senior Analyst – Technology Enterprise Vendor Management?
Be part of the Global Team covering a multi-hundred million dollar Technology Spend Portfolio
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?
Bachelor’s degree or equivalent experience preferred
Minimum of 6+ years of experience (Additional Experience Welcome) in Strategic Sourcing / Procurement / Vendor Management in the Technology Category (Financial Services Preferred; However, Experience in Other Industries is also welcome & appreciated)
Excellent contract management and negotiation skills with creative problem-solving approach
Reasonable Knowledge of Tech Category (preferably SW, HW, Infra, Cybersec & Services)
Familiarity with Spend Analytics
Experience in reviewing contract documents (redlines) with positions and counters
Experience in negotiations (online & direct) and commercial models
Excellent communication skills (verbal and written)
Reasonable familiarity with using Data Visualization Tools (Power BI/Qlik/Tableau)
Reasonable familiarity with Coupa / Ariba or other S2P systems (running sourcing events, Contract workspace, Requests, Pipeline etc)
Intermediate / advanced Excel skills (Pivot Tables, Macros, Formulas, Queries, etc.)
Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary—designed to support the whole person and to recognize their time, talents, and results. Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the salary for this position to range between $96,000.00 - $130,000.00.
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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.
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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 your needs covered. Learn more about the wide range of benefits we offer at Franklin Templeton.
Highlights of our benefits include:
Three weeks paid time off the first year
Medical, dental and vision insurance
401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limits
Employee Stock Investment Program
Tuition Assistance Program
Purchase of company funds with no sales charge
Onsite fitness center and recreation center*
Onsite cafeteria*
*Only applicable at certain locations
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 to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. 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.
