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!

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.

How will you add value?

Core Responsibilities:

• Be a trusted partner for business units to advise on strategy, planning, and rationalization. EVM (Enterprise vendor management) team will own issue escalation, contracts management, Sourcing and negotiations.

• Establish strong relationships with vendors to understand their offerings, strengths, and weaknesses to maximize value to business.

• Maintain knowledge of new and existing vendor products, emerging trends, and an understanding of how vendor’s products are used across the firm.

• Lead vendor sourcing events (RFX Process – Request for Information (RFI) , Request for Proposal (RFP) & Request for Quotation (RFQ), selection of vendor, negotiation process, P2P process and the ongoing management of vendor partnerships.

• Research and establish contract negotiation strategies with business partners to achieve highest value.

• Manage vendor strategy meetings and effectively communicate vendor updates to senior leadership.

• Manage upcoming renewals for assigned list of vendors

• Develop contracts based on current and anticipated needs

• Reviews and redlines contract commercial terms

• Partners closely with Legal and other Subject Matter Experts to mitigate risk and vet supplier qualifications (infosec, financial, etc…)

• Analyze spend category and work closely with business to perform vendor rationalization and cost savings analysis on a regular basis.

• Assist with projects and reporting related to your spending categories or assigned vendors.

What Will Help You Be Successful?

Experience, Education & Certifications:

• Bachelor’s degree required.

• 5-10 years of experience related to technology and/ financial application vendors within financial services industry.

• Excellent contract management and negotiation skills.

• Coupa experience highly preferred

• Creative problem solver, Analytical skills

• Broad knowledge of technology software, hardware, infrastructure, financial business applications, telecommunications, Facilities and IT Services vendor categories.

• Ability to build strong relationships with internal and external partners.

• Contribute to a dynamic and changing work environment.

• Organized and results oriented with a sense of urgency.

• Strong communication skills (verbal and written) and good team player

Work Shift Timings - 2:00 PM - 11:00 PM IST