What is the Market Data Services group responsible for

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.

What is the Senior Analyst - Strategic Sourcing Vendor Manager responsible for

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 requires 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.

What are the ongoing responsibilities of a Senior Analyst - Strategic Sourcing Vendor Manager

• 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 Moodys) 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.

What ideal qualifications skills & experience would help someone to be successful

• Bachelors 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

#LI-Hybrid

Franklin Templeton offers employees a competitive and valuable range of total rewardsmonetary and non-monetary designed to supporttheir well-being and recognize their time talents and results. Along with base compensation employees are eligible for an annual discretionary bonus a401(k) plan with a generous match and recognition rewards. We also offer a comprehensive benefits package which includes a range of competitive healthcare optionsinsurance and disability benefits employee stock investment program learning resources career development programs reimbursement forcertain educationexpenses 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 $140000.00 - $170000.00 depending on location and level of relevant experience plus discretionary bonus.