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SVP - Enterprise Vendor Management & Procurement

Franklin Templeton
United States, New York, New York
October 02, 2022

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 12,000 employees working in 34 countries around the world are dedicated to servicing investment solutions for our clients in more than 160 countries. For more than 70 years our success has been a direct result of the talent, skills and persistence of our people.

What is the opportunity?

We are looking for an SVP of Enterprise Vendor Management and Procurement with investment management industry experience. This is a dynamic, global, and corporate wide multi-faceted strategic leadership role overseeing sourcing, procurement, supplier diversity, enterprise contract negotiations, spend/consumption analytics, enterprise vendor management, and market data services. This leadership position will be responsible for strategic end to end leadership which includes planning, implementing, and monitoring enterprise sourcing management processes and programs.

This position will be based in one of our primary office locations, which includes: San Mateo (CA), St. Petersburg or Ft. Lauderdale (FL), Baltimore (MD), or New York City (NY). This position offers a hybrid work schedule and is not suitable for a fully remote work location.

What are the ongoing responsibilities?
  • Strategic leader highly skilled at developing, operating, and driving maturity of critical enterprise programs: Sourcing & Procurement Program, Software Asset Management, Vendor Management Program, Market Data Services Program.

  • Skilled leader in complex enterprise contract negotiations and leader of highly skilled negotiators through contract strategy and execution/maintenance of agreements. Extensive experience in negotiation strategies and driving results with strategic providers of products and or services.

  • Internal Business Relationship Management - Business engagement on strategic sourcing and ongoing relationship management of procurement, market data and vendor management services, including service level agreements, consumption/spend analytics, and strategic sourcing to meet current and future business needs. Serve as a liaison with portfolio managers/trading groups/middle office/technology teams/middle-back-office functions and provide direct support for their data needs.

  • Extensive engagement with Investment Teams and Specialized Investment Managers on the sourcing and managing of traditional market data, alternative data, and investment solutions. Strong content insight, and knowledge of key providers of data services.

  • Oversight of global program and daily operations of procurement services across all spending categories. Leading cross functional spend/consumption analytics to drive efficiency and effectiveness of global strategic sourcing.

  • Strategic leader of 3rd and 4th Party Vendor Risk Management. Global leader of the Vendor Management Program and community.

What ideal qualifications, skills and experience would help this person be successful?
  • Must have Investment Management and Market Data Services Experience. These are two minimum requirement for this role.

  • 10+ years of contract negotiation, procurement, and vendor management experience with investment management industry experience.

  • Seasoned and skilled contact negotiator of enterprise product & services agreements

  • Talent manager and developer

  • Asset/Investment Management industry (front, middle & back office) experience required.

  • Excellent knowledge of all financial data (market, reference, alternative, index services. etc.).

  • 10+ Years - Subject matter expert with a deep understanding of all market data services, characteristics, and value across all investment asset classes, segments, and services.

  • Prior experience managing centralized real-time market data platforms and historical time series analytics data and services.

  • Strong collaboration skills, internal and external communication skills with clients, auditors, regulators & suppliers, and executive management.

  • 3rd and 4th Party Risk Management Experience

  • Strong problem-solving and analytical skills with the ability to communicate and share solutions with fellow team members.

#LI-Hybrid

#DIRECTOR

What makes Franklin Templeton 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 -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:

  • Three weeks paid time off the first year

  • Medical, dental and vision insurance

  • 401(k) Retirement Plan with 75% company match, 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 (available at certain locations)

  • Onsite cafeteria (available at certain locations)

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and . An emphasis on corporate citizenship is embedded in our , and is an important element of how we achieve success.

We are also with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals. Take some time to, , and see what it means to say, "I AM Franklin Templeton".

Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for 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. We invite you to visit us atto 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 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 and the job title and 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 requests for accommodations will receive a response.

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