• Job Description

  Req#: 850776

  At Franklin Templeton, everything we do is focused on one thing – delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 9,500 employees working in 30 countries around the world are dedicated to servicing investment solutions for our clients in more than 155 countries. For more than 75 years our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.

  What is the Global Fund Valuation group responsible for?

  The Quantitative Team within Global Pricing and Valuation Services (“GPVS”) researches and builds valuation models for private equity, debt, and derivatives securities held in Franklin Templeton and Legg Mason Mutual Funds and Private Equity Funds. The Team also performs ad hoc analysis and valuation on restructurings, corporate actions, and financial markets. The activities of the Quant Team and GPVS are governed by the Valuation Committee (“VC”) and Mutual Fund Boards.

  What is the Senior Valuation Analyst responsible for?

  Senior Valuation Analysts are an integral part of Franklin Templeton, overseeing the valuations of private assets. Analyst’s success is highly visible to Senior Leaders as they work independently on researching companies and industries, developing and maintaining private equity, debt, and derivatives valuation models, discussing valuations with auditors and financial market research.

  What are the ongoing responsibilities of a Senior Valuation Analyst?

  • Developing and maintaining internal fair valuation models.

  • Conducting research to identify, evaluate and test fair valuation models across equity, fixed income, currencies, and derivatives instruments.

  • Providing complex securities support by assisting Global Pricing teams with complex securities valuation research and analysis.

  • Developing models to be utilized as secondary or tertiary validation sources for securities priced using broker/dealer quotes.

  • Attending audit meetings and providing detailed descriptions of valuation models and inputs.

  • Providing special reports, analysis and/or research to the VC and Mutual Funds Boards.

  • Supporting Global Pricing teams with periodic deep dive analysis and reports.

  • Participating in pricing vendor due diligence specific to vendor methodologies.

  • Client facing including ad-hoc meetings with sub-advised clients providing responses to fair valuation questions and details as needed during client due diligence meetings.

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

  • Bachelor's degree, preferably in Finance, Math, or other quantitative discipline.

  • Advanced degree MBA, PhD, Masters of Science.in Business, Finance, Mathematics, Quantitative or related field a plus.

  • Passing of CFA Level 3 required.

  • At least 4-7 years of relevant work experience in the mutual fund/financial services industry within investment management, investment performance, or research required.

  • Advanced knowledge of statistical theory and understanding of financial instruments and markets are required.

  • Demonstrated ability to utilize quantitative, statistical, and mathematical financial techniques for independent fair valuations of securities including prior experience in model development, risk, valuation, and model validation development and implementation for Structured Products, Foreign Exchange, Equity, Fixed Income and OTC derivatives.

  • Requires demonstrated ability to perform some database management and programming of valuation models. At a minimum, utilizing tools such as Excel (macros) and market data from providers such as Bloomberg.

  • Excellent communication and organizational skills

  • Able to handle multiple priorities and manage business expectations.

  • Strong attention to detail and accuracy.

  • Working knowledge of common equity models (comp and DCF), Black Scholes, binomial trees, GARCH, and plain vanilla bonds required.

  • Complex securities valuation – experience with MBS, ABS, CMOs while not directly applicable a plus

  • Experience utilizing Market Data Providers (Bloomberg, FactSet, Capital IQ), Bloomberg preferred

  • Work shift is 8:30am PT - 5:00pm PT

  Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary—designed to support the whole person and to recognize their time, talents, and results. Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the salary for this position to range between $90,000 - $140,000.

  #MID_SENIOR_LEVEL

  #LI-Hybrid

  What makes Franklin Templeton unique?

  In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results. .

  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

  We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.

  We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals.

  Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing 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. We invite you to visit us at Franklin Templeton Careers to learn more about our company, career opportunities and recruitment process.

  Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation 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 you are requesting and the job title and 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 requests for accommodations will receive a response.

• About the company

  Franklin Resources Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc.

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