Job Description

ABOUT FACTSETFactSet 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 decisionsFounded in 1978 and for over 40 years, through market changes and technological progress, our focus has always been to provide . From more than , employing more than 10,000 people, FactSet has over ~$2.09 Billion in annual revenues and is headquartered in Norwalk, Connecticut, were all working together toward the goal of creating value for our clients, and were 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 modelsVALUES THAT DEFINE OUR CULTUREWe 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 BRIEFFactSet 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 FactSets technology budget and act as a service center for other teams/departmentsRESPONSIBILITIES:Manage commercial relationships with our vendorsProcess purchase requisitions and POsSupport planning and administration of FactSets budgetAnalyze and optimize our contract portfolioWork with the requesting teams to ensure high quality in service deliveryMeet corporate cost reduction goals which will include enforcing demand management, while achieving corporate objectives related to supplier diversity and sustainabilityREQUIRED SKILLS:Good understanding of data center technology and related servicesClear analysis of business cases and ability to communicate/present themExperience in contract managementGood communication skills, and a problem-solving mindsetStrong MS Office skills, especially ExcelBachelor's degree qualification is must.1- 5 years experience in procurement, administration or economicsHIGHLY DESIRED:Presentation skillsGood understanding of FinanceAbility to work independently and team-orientedExperience with procurement systems (Workday, iProcurement, or similar) is a plusAt FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process. All qualified applicants will be considered for employment regardless of race, color, ancestry, ethnicity, religion, sex, national origin, gender expression, sexual orientation, age, citizenship, marital status, disability, gender identity, family status, or veteran status. FactSet participates in E-Verify.Returning from a break?We are here to support you! If you have taken time out of the workforce and are looking to return, we encourage you to apply and chat with our recruiters about our available support to help you relaunch your career.

FactSet