Franklin Templeton Investments
Senior Vice President, Enterprise Vendor Management & Procurement
Franklin Templeton Investments, Saint Petersburg, FL
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 Senior Vice President, Enterprise Vendor Management & Procurement responsible for?
The SVP is a dynamic corporate wide multi-faceted strategic leader of enterprise vendor management, sourcing, procurement, enterprise contract negotiations, software asset management, spend & category management (across: technology, market data services, corporate service and travel services), and oversight of our supplier diversity program. Responsible for strategic end to end leadership which includes planning, implementing, and monitoring enterprise sourcing management processes and programs.
What are the ongoing responsibilities of the Senior Vice President, Enterprise Vendor Management & Procurement?
What ideal qualifications, skills & experience would help someone to be successful?
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 $255,000.00 - $350,000.00.
#EXECUTIVE
#LI-Hybrid
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.
Hear more from our employees
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:
*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 [redacted]. 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.
Come join us in delivering better outcomes for our clients around the world!
What is the Senior Vice President, Enterprise Vendor Management & Procurement responsible for?
The SVP is a dynamic corporate wide multi-faceted strategic leader of enterprise vendor management, sourcing, procurement, enterprise contract negotiations, software asset management, spend & category management (across: technology, market data services, corporate service and travel services), and oversight of our supplier diversity program. Responsible for strategic end to end leadership which includes planning, implementing, and monitoring enterprise sourcing management processes and programs.
What are the ongoing responsibilities of the Senior Vice President, Enterprise Vendor Management & Procurement?
- Strategic leader highly skilled at developing, operating, and driving ongoing maturity of critical enterprise programs: Sourcing & Procurement Operations, Spend & Category Management across Information Technology (hardware, software & services), Market Data Services, Travel Services, Spend Analytics & Supplier Strategy and Software Asset Management.
- Skilled leader in complex strategic 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 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 sourcing needs.
- Extensive engagement with each Investment Team 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 & experience would help someone to be successful?
- Seasoned and skilled contract negotiator of enterprise global product & services agreements.
- Talent manager and developer.
- Strong problem-solving and analytical skills with the ability to communicate and share solutions with fellow team members.
- Asset/Investment Management industry (front, middle & back office) experience required.
- Excellent knowledge of all financial data (market, reference, alternative, index services, etc).
- 10 - 15+ years' experience as a subject matter expert with a deep understanding of all market data services, characteristics, and value across all asset classes, segments, and services.
- Prior experience managing centralized real-time market data platforms and historical time series analytics data and services.
- Technology sourcing and management experience.
- Strong collaboration skills, internal and external communication skills with clients, auditors, regulators & suppliers, and executive management.
- 3rd and 4th Party Risk Management experience.
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 $255,000.00 - $350,000.00.
#EXECUTIVE
#LI-Hybrid
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.
Hear more from our employees
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
- Learning and Education Assistance Program (LEAP)
- 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 [redacted]. 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.