Analyst - Strategic Sourcing, Spend Analytics, & Enterprise Vendor Management | San Mateo, CA, USA

Analyst - Strategic Sourcing, Spend Analytics, & Enterprise Vendor Management {"description": "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 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 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!

ABOUT THE DEPARTMENT

The Strategic Sourcing & Enterprise Vendor Management department enables strong, transparent partnerships with the firm's most important vendors. The team partners across the organization to evaluate suppliers, analyze total cost of ownership, and support enterprise sourcing decisions. Working here means collaborating with finance, procurement, legal, and business stakeholders to influence strategic outcomes while delivering rigorous, forward-looking financial insights that improve value and operational discipline across the firm.

HOW YOU WILL ADD VALUE

Financial Modeling & Strategic Cost Analysis

• You will build multi-year financial models for sourcing initiatives.
• You will analyze total cost of ownership and return on investment.
• You will perform scenario and sensitivity analysis.
• You will prepare executive-ready financial reports.
• You will maintain accurate cost-allocation models. Strategic Sourcing & Contract Support
• You will support request for proposal and request for information processes.
• You will develop supplier pricing models and scorecards.
• You will support negotiations through benchmarking analysis.
• You will review financial assumptions in contracts and statements of work. Vendor Governance & Performance
• You will monitor supplier performance metrics and compliance.
• You will analyze cost drivers and value opportunities.
• You will support vendor reviews and leadership reporting. Reporting, Forecasting & Budgeting
• You will support vendor budgeting and forecasting cycles.
• You will maintain accurate vendor financial data.
• You will analyze budget and forecast variances. Process Improvement
• You will identify opportunities to improve vendor financial management.
• You will enhance tools, templates, and processes.
• You will support procurement technology improvements.

WHAT WILL HELP YOU BE SUCCESSFUL IN THIS ROLE

Experience

• 3-5 years in financial analysis, sourcing, or vendor management.
• Experience supporting procurement or strategic sourcing initiatives.
• Financial services or technology procurement experience preferred. Education & Certifications
• Bachelor's degree in a finance or business-related field.
• Advanced degree or professional certification preferred. Technical Skills
• Advanced Excel financial modeling expertise.
• Experience with financial reporting tools.
• Experience with data analytics tools preferred.
• Familiarity with procurement and contract lifecycle platforms. Soft Skills
• Strong analytical and problem-solving abilities.
• Clear communicator with non-financial stakeholders.
• Comfortable working independently in complex environments.

WORK SCHEDULE & LOCATION

This role works a hybrid schedule in our San Mateo, CA office. 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. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the annual salary for this position to range between $120,000.00 - $140,000.00, depending on location and level of relevant experience, plus discretionary bonus. #LI-Hybrid 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. 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. 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
• Tuition Assistance Program
• 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 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. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. In your email, please include the accommodation or adjustment 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.", "salary_raw": null}