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!
Procurement Manager
Reporting to the Director within Enterprise Vendor Management, the Procurement Manager leads an offshore team responsible for day-to-day tactical procurement activities. The team ensures speed, compliance, and cost control across the organization while managing supplier onboarding, catalog enablement, tactical sourcing, purchase order execution, invoice exception resolution, and tactical contract management. This is a hands-on leadership role where success is measured by cycle time, accuracy, compliance, supplier performance, and stakeholder satisfaction. Team members collaborate closely with stakeholders and legal partners to maintain high standards and deliver value.
Location: Florida, Maryland, Massachusetts and other locations may be considered (East Coast time zone preferred); may be hybrid or remote.
How You Will Add ValueCore Responsibilities -You will lead and coach an offshore team responsible for tactical procurement execution
You will oversee supplier onboarding, catalog enablement, and tactical sourcing activities
You will manage purchase order processing and invoice exception resolution
You will handle tactical contract management and ensure compliance with policies
You will run RFQs / RFPs and make award recommendations for low-to-mid complexity spend
You will set performance expectations, SLAs (Service Level Agreements), and KPIs (Key Performance Indicators)
You will drive standardization, process discipline, and continuous improvement initiatives
You will analyze procurement data and report KPIs to senior management for strategy development
You will lead initiatives to improve customer experience, automation, and Procure-to-Pay adoption
You will enforce global vendor management policies and procedures
You will act as escalation point for procurement, supplier, and stakeholder issues
You will collaborate with Legal, Risk, AP (Accounts Payable), and Compliance to resolve onboarding blockers
You will partner with business stakeholders to set expectations and drive value
You will manage supplier relationships at an operational level to ensure performance
Bachelor’s degree in accounting, finance, or related field, or combination of education and work experience
7+ years’ procurement industry experience
Microsoft Office (advanced Excel with macros and PowerPoint skills), SharePoint
Experience with procurement concepts, processes, systems, tools
Experience in strategic sourcing (RFIs / RFPs) and contract review and negotiation
Demonstrated ability to lead projects independently and as part of a team
Works independently, requires minimal guidance
Player coach with initiative to deliver results
Solves complex problems; takes a new perspective
Proven people leadership and management skills
Results driven with attention to detail and the ability to move quickly while staying organized
Strong research, problem solving, and communication skills (verbal and written)
Continuous improvement mindset
Contract management experience preferred
Understanding of procurement, finance and accounting principles, budgeting, and reconciliation
Experience with a Procurement system (i.e. Coupa or Ariba) a plus
Familiarity with contract lifecycle management (CLM) tools
Experience supporting indirect spend categories
Experience in a regulated industry or complex enterprise environment preferred
Compensation: 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 base salary for this position to range between $125K - $150K, depending on location and level of relevant experience, plus discretionary bonus.
#LI-US
#Hybrid
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 [email protected]. 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.
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