Franklin Templeton
Senior Analyst - Strategic Sourcing Vendor Manager
Franklin Templeton, New York, New York, us, 10261
Overview
At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams 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 provide opportunities to help you reach your potential while helping our clients reach theirs. Come join us in delivering better outcomes for our clients around the world! Market Data Services — group responsibilities
Market Data Services is part of the Strategic Sourcing and Vendor Management Group and supports strategic initiatives and firm-wide objectives through the global vendor management process. The Market Data Department is responsible for the acquisition, management, and delivery of financial market data used across the organization. This includes pricing, reference data, real-time market feeds, and analytics that support investment decision-making, risk management, trading, compliance, and client reporting. Senior Analyst – Strategic Sourcing Vendor Manager
The Senior Analyst – Strategic Sourcing Vendor Manager is responsible for managing the procurement, management, and optimization of market data services across the organization. This role combines vendor relationship management, contract negotiation, financial oversight, and subject-matter expertise in market data to ensure the firm has access to high-quality, cost‑effective information that supports investment, trading, risk, and operational needs. This senior position requires strong technical expertise, a deep understanding of global markets and financial instruments, and collaboration across teams to address data challenges, enhance governance frameworks, and align market data usage with global business needs. This is a highly visible role with the opportunity to influence how Franklin Templeton leverages data to support investment decision-making worldwide. Ongoing responsibilities
Negotiate contracts, renewals, and licensing agreements to secure favorable terms, pricing, and service levels. Review and analyze contract terms, ensuring compliance with internal policies and external regulations. Ensure adherence to vendor licensing agreements and data usage policies. Support market data governance initiatives, including usage compliance, audits, and risk management. Identify opportunities to consolidate services, reduce duplication, and optimize market data spend. Serve as the primary point of contact and relationship management of major data providers (e.g., MSCI, FTSE Russell, S&P, Bloomberg, ICE, Moody’s) regarding data licensing, data quality issues, and other vendor management issues. Responsible for monitoring the contract renewal process and notifying appropriate partners. Work with the Market Data Operations Finance team to support invoice processing, reconciliation and order processing to ensure billing accuracy. Responsible for contract life cycle from negotiation of commercial terms and fees through legal review, supplier risk and finalization. Partner with investment teams, operations, risk, and compliance to ensure index data supports firm-wide workflows. Assess new vendor offerings and emerging technologies, recommending adoption where appropriate. Ideal qualifications, skills & experience
Bachelor’s degree or equivalent experience required 5–10 years’ experience related to market and reference data vendors and services, industry trends and contract negotiation Experience with market data vendors (e.g., Bloomberg, Refinitiv, ICE, FactSet) Proven ability to work independently as well as collaboratively Strong attention to detail with ability to multi-task with appropriate prioritization Ability to build and maintain strong relationships with internal stakeholders and external partners Excellent analytical, communication, and vendor management skills Results driven with attention to detail and the ability to move quickly and multi-task, while staying organized Strong communication and presentation skills and ability to engage effectively with all levels within the firm Working knowledge of Microsoft Excel, Word, PowerPoint, 365; experience with Coupa and Optimize Spend a plus Benefits and culture
#LI-Hybrid Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary—designed to support their well-being and recognize their time, talents, and results. In addition to base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and a comprehensive benefits package, which includes a range of healthcare options, insurance, and disability benefits, an employee stock investment program, learning resources, career development programs, and reimbursement for certain education expenses. The estimated annual salary for this position is $140,000.00–$170,000.00, depending on location and level of experience, plus discretionary bonus. Experience our welcoming culture and reach your professional and personal potential! Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. We provide employees with 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 healthy lifestyle. We understand that benefits are central to well-being and may vary by individual needs. Learn more about the wide range of benefits we offer at Franklin Templeton. Equal Opportunity and accommodations
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity or expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by law. If you believe you need an accommodation or adjustment to search for or apply for a position, please email accommodations@franklintempleton.com with the accommodation details, the job title, and the job number. It may take up to three business days to respond to your request. Only accommodation requests will receive a response.
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At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams 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 provide opportunities to help you reach your potential while helping our clients reach theirs. Come join us in delivering better outcomes for our clients around the world! Market Data Services — group responsibilities
Market Data Services is part of the Strategic Sourcing and Vendor Management Group and supports strategic initiatives and firm-wide objectives through the global vendor management process. The Market Data Department is responsible for the acquisition, management, and delivery of financial market data used across the organization. This includes pricing, reference data, real-time market feeds, and analytics that support investment decision-making, risk management, trading, compliance, and client reporting. Senior Analyst – Strategic Sourcing Vendor Manager
The Senior Analyst – Strategic Sourcing Vendor Manager is responsible for managing the procurement, management, and optimization of market data services across the organization. This role combines vendor relationship management, contract negotiation, financial oversight, and subject-matter expertise in market data to ensure the firm has access to high-quality, cost‑effective information that supports investment, trading, risk, and operational needs. This senior position requires strong technical expertise, a deep understanding of global markets and financial instruments, and collaboration across teams to address data challenges, enhance governance frameworks, and align market data usage with global business needs. This is a highly visible role with the opportunity to influence how Franklin Templeton leverages data to support investment decision-making worldwide. Ongoing responsibilities
Negotiate contracts, renewals, and licensing agreements to secure favorable terms, pricing, and service levels. Review and analyze contract terms, ensuring compliance with internal policies and external regulations. Ensure adherence to vendor licensing agreements and data usage policies. Support market data governance initiatives, including usage compliance, audits, and risk management. Identify opportunities to consolidate services, reduce duplication, and optimize market data spend. Serve as the primary point of contact and relationship management of major data providers (e.g., MSCI, FTSE Russell, S&P, Bloomberg, ICE, Moody’s) regarding data licensing, data quality issues, and other vendor management issues. Responsible for monitoring the contract renewal process and notifying appropriate partners. Work with the Market Data Operations Finance team to support invoice processing, reconciliation and order processing to ensure billing accuracy. Responsible for contract life cycle from negotiation of commercial terms and fees through legal review, supplier risk and finalization. Partner with investment teams, operations, risk, and compliance to ensure index data supports firm-wide workflows. Assess new vendor offerings and emerging technologies, recommending adoption where appropriate. Ideal qualifications, skills & experience
Bachelor’s degree or equivalent experience required 5–10 years’ experience related to market and reference data vendors and services, industry trends and contract negotiation Experience with market data vendors (e.g., Bloomberg, Refinitiv, ICE, FactSet) Proven ability to work independently as well as collaboratively Strong attention to detail with ability to multi-task with appropriate prioritization Ability to build and maintain strong relationships with internal stakeholders and external partners Excellent analytical, communication, and vendor management skills Results driven with attention to detail and the ability to move quickly and multi-task, while staying organized Strong communication and presentation skills and ability to engage effectively with all levels within the firm Working knowledge of Microsoft Excel, Word, PowerPoint, 365; experience with Coupa and Optimize Spend a plus Benefits and culture
#LI-Hybrid Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary—designed to support their well-being and recognize their time, talents, and results. In addition to base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and a comprehensive benefits package, which includes a range of healthcare options, insurance, and disability benefits, an employee stock investment program, learning resources, career development programs, and reimbursement for certain education expenses. The estimated annual salary for this position is $140,000.00–$170,000.00, depending on location and level of experience, plus discretionary bonus. Experience our welcoming culture and reach your professional and personal potential! Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. We provide employees with 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 healthy lifestyle. We understand that benefits are central to well-being and may vary by individual needs. Learn more about the wide range of benefits we offer at Franklin Templeton. Equal Opportunity and accommodations
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity or expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by law. If you believe you need an accommodation or adjustment to search for or apply for a position, please email accommodations@franklintempleton.com with the accommodation details, the job title, and the job number. It may take up to three business days to respond to your request. Only accommodation requests will receive a response.
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