Senior Procurement Analyst (Strategic Sourcing, Contract Negotiation, Spend Analysis)

Location: Hyderabad, Telangana, India

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward‑thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting‑edge strategies and deep insights to unlock opportunities for long‑term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients’ success.

About Enterprise Vendor Management

• The Enterprise Vendor Management team drives firm-wide strategic sourcing and vendor optimization to support Franklin Templeton’s global investment operations. We partner with technology, business, legal, and risk teams to secure high‑quality vendor services while managing cost, risk, and performance. Team members collaborate across regions, work on high‑value commercial initiatives, and gain exposure to complex negotiations and global sourcing strategy. Joining this team provideas hands‑on experience with high‑impact negotiation, supplier management, and enterprise‑wide transformation initiatives.

How will you add value?

Core Responsibilities:

• Manage a large technology spend portfolio

• Partner with technology and business teams to understand requirements.

• Lead & Drive Strategic Sourcing initiatives with key stakeholders.

• Manage assigned technology spending, including software and services.

• Lead & Oversee end‑to‑end supplier relationships.

• Review & Redline multiple contract types.

• Lead & conduct all contract & commercial negotiations.

• Complete the assigned sourcing and contracting requests

• Ensure all records are up to date & provide regular updates to stakeholders

Strategic Responsibilities:

• Drive Sourcing & Category strategy with stakeholders

• Lead the spend analytics & contracts visibility information for the assigned area

• Draw Meaningful Insights on Data, market moves while recommending a course of action

Collaboration:

• Partner with key stakeholders, leadership team members and line managers on new opportunities, renewals, updates

• Partner with Legal, Risk, Information Security & Data Privacy teams for contract reviews

What Will Help You Be Successful?

Experience, Education & Certifications:

• Minimum of 8+ years of experience in Strategic Sourcing & Vendor Management

• Familiarity in the Technology category. (Financial Services experience is preferred)

• Bachelor’s degree or equivalent experience preferred

• Broad knowledge of technology categories

Technical / Other Skills

• Intermediate / advanced excel skills (Pivots, Formulas, Queries, Macros)

• Familiarity with Coupa, Ariba, Ivalua, GEP, OR other S2P Platforms

• Familiarity with data visualization tools (Power BI / Qlik / Tableau)

• Excellent understanding of sourcing & contracting principles

Soft Skills:

• Strong communication skills (verbal and written)

• Ability to manage ambiguity

• Ability to balance multiple priorities

• Strong Organization Skills & sense of urgency.

Job Level - Individual Contributor

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

At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That’s why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.

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

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.