Specialist, Vendor Management

ABOUT FACTSET

FactSet creates flexible, open data and software solutions for tens of thousands of investment professionals around the world, providing instant anytime, anywhere access to financial data and analytics that investors use to make crucial decisions

Founded in 1978 and for over 40 years, through market changes and technological progress, our focus has always been to provide exceptional client service . From more than 37 offices in 20 countries , employing more than 10,000 people, FactSet has over ~$2.09 Billion in annual revenues and is headquartered in Norwalk, Connecticut, we re all working together toward the goal of creating value for our clients, and we re proud that 90% of clients who use FactSet continue to use it, year after year. FactSet is a leading global provider of financial data, analytics, and models

VALUES THAT DEFINE OUR CULTURE

We are unified by the spirit of going above and beyond for our clients and each other. We look to foster a globally inclusive culture, enabling our people to be themselves at work and to join in, be heard, contribute, and grow. We continually seek to expand our workforce with diverse perspectives, backgrounds, and experiences. We recognize that our best ideas can come from anyone, anywhere, at any time and help us provide the best solutions for our clients around the globe. Our inclusive work environment maximizes our diversity values, engagement, productivity, and ultimately makes FactSet a fun place to work.

SUB-PROCESS BRIEF

FactSet is a leader in providing research and analytical tools to finance professionals. FactSet offers instant access to accurate financial data and analytics around the world. FactSet clients combine hundreds of databases from industry-leading suppliers into a single powerful information system.

The Specialist, Vendor Management is responsible for managing our vendor relationships, constantly optimizing our contract portfolio and the procurement process, coordinating collaboration with internal stakeholders (engineering teams, legal, etc.), and providing procurement performance, cost allocation, and budget reports.

This position is located in the Global Procurement department. Global Procurement is responsible for purchasing hardware, software, and services for Factset worldwide. We manage large parts of FactSet s technology budget and act as a service center for other teams/departments

RESPONSIBILITIES:

• Manage commercial relationships with our vendors
• Process purchase requisitions and POs
• Support planning and administration of FactSet s budget
• Analyze and optimize our contract portfolio
• Work with the requesting teams to ensure high quality in service delivery
• Meet corporate cost reduction goals which will include enforcing demand management, while achieving corporate objectives related to supplier diversity and sustainability

• Good understanding of data center technology and related services
• Clear analysis of business cases and ability to communicate/present them
• Experience in contract management and negotiation
• Good communication skills, and a problem-solving mindset
• Strong MS Office skills, especially Excel
• Bachelors degree qualification is a must.
• 1- 5 years experience in procurement , administration or economics

• Presentation skills
• Good understanding of Finance
• Ability to work independently and team-oriented
• Experience with procurement systems (Workday, iProcurement, or similar) is a plus