Senior Procurement Analyst (Contract Management, Negotiation, Coupa)
Franklin Templeton
Hyderabad, Telangana, India
Full-Time
Competitive
OfficeManager
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.
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.
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
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.
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 accommodations@franklintempleton.com. 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.