Procurement Analyst

Job content

At Franklin Templeton, everything we do is focused on one thing – delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 9,500 employees working in 30 countries around the world are dedicated to servicing investment solutions for our clients in more than 155 countries. For more than 75 years our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.

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 Procurement Analyst?

Be part of the Global team covering a multi-million dollar Technology Spend Portfolio

• Be working with the Global Tech & Business teams, understand their requirements for the service / product / platform (new opportunities, renewals, extensions, additional modules / services)
• Help the team & the Director in managing the deals including setting up Sourcing Events, Doing Spend Analysis, Managing Renewal Calendars, Follow up with Operations, Archiving Contracts
• 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 3+ 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 appreciated)
• Bachelor’s degree or equivalent experience required.
• Familiarity with IT Category (HW, SW & Services) landscape & Vendors
• Familiarity in Creating sourcing events, contract requests / workspace
  
  

Qualifications, Skills & Experience – Nice To Have

• Familiarity in running queries, spend reports & / or create dashboards.
• Intermediate or advanced excel skills (Pivots, Formulas, Queries, Macros)
• Familiarity with Data Visualization Tools (Power BI / Qlik/ Tableau)
• Ability to understand basic contracts concepts & language.
• Experience in negotiating pricing for any tech category.
  
  

Job Level - Individual Contributor

Work Shift Timing - 11:00 AM – 8:00 PM IST

What makes Franklin Templeton Investments unique?

In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

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)
  
  

“Location specific benefits” as mentioned below

• Onsite fitness center, recreation center, and cafeteria
• Cricket grounds and gymnasium
• Library
• Health Center with doctor availability
• HDFC ATM on the campus
  
  

Franklin Templeton Investments is an Equal Opportunity Employer. We invite you to visit us at Franklin Templeton Careers to learn more about our company and our career opportunities.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need a workplace arrangement to search for, or apply for, one of our positions please send an email to accommodations@franklintempleton.com . In your email, please include the arrangement you are requesting and the job title and job number you are applying for. We will review the request and make a best effort to enact the arrangement. It may take up to three business days to receive a response to your request. Please note that only requests for arrangements will receive a response.