Equity Solutions Portfolio Analyst – Portfolio Construction & Optimization

Franklin Templeton; Boston (MA); Hybrid; USD 175,000 - 200,000; Full time

Benefits offered by this job

Annual discretionary bonus

401(k) plan with generous match

Comprehensive healthcare benefits

Job summary

Franklin Templeton is looking for an experienced Portfolio Analyst in Boston to support portfolio construction and provide customized investment solutions. The role involves collaborating with various teams to enhance the investment process through strong quantitative and analytical skills.

The ideal candidate will have at least 5 years of experience in asset management and a solid understanding of equity strategies and portfolio optimization. The position offers a hybrid work schedule and a competitive salary range between $175,000 and $200,000, along with comprehensive benefits.

Qualifications

• Minimum of 5 years of relevant experience in a portfolio construction or quantitative investment role.
• Strong understanding of portfolio risk analysis and investment management principles.
• Proficiency with coding, querying, and analytical tools.

Responsibilities

• Support development and implementation of customized portfolio solutions.
• Analyze portfolio exposures, allocations, and risk characteristics.
• Work closely with portfolio managers and client teams.

Skills

Portfolio construction and optimization

Quantitative analysis

Portfolio risk analysis

Equity strategies

Education

5 years of relevant experience in asset management

Tools

Axioma

FactSet

Bloomberg

Job description

Overview

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique. From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients’ success.

About The Department

Putnam Investments is a diversified fundamental active equity asset manager headquartered in Boston and backed by the significant resources and scale of Franklin Templeton.

Position Summary

The portfolio solutions team is seeking an experienced Portfolio Analyst to support portfolio construction, customization, and portfolio solutioning efforts across investment strategies. The role will focus on enhancing the investment process by applying portfolio solutioning techniques, including portfolio optimization, to deliver customized investment products. This role will work closely with portfolio managers, investment teams, risk and quant teams, product teams, and client-facing partners to develop customized portfolio solutions that align with client objectives, investment guidelines, and risk parameters.

The ideal candidate combines strong quantitative and analytical capabilities with a solid understanding of fundamental investing and portfolio management principles. The successful candidate should be comfortable analyzing portfolios, evaluating trade-offs, and supporting optimization and implementation decisions while maintaining an appreciation for underlying investment fundamentals and portfolio objectives.

Key Responsibilities

How you will add value:

• Portfolio Solutions & Customization: Support the development and implementation of customized portfolio solutions; translate client objectives, constraints, and preferences into practical portfolio construction recommendations; partner with portfolio managers and client teams to deliver scalable and efficient customization solutions.
• Portfolio Construction & Optimization: Support portfolio construction and optimization processes across investment strategies; analyze portfolio exposures, allocations, and risk characteristics relative to benchmarks and client objectives; evaluate portfolio trade-offs involving return expectations, tracking error and implementation constraints.
• Investment Collaboration: Work closely with portfolio managers, fundamental and quantitative analysts, trading, operations, client and product teams; incorporate both quantitative analysis and fundamental investment considerations into portfolio recommendations; support ad hoc analyses related to client mandates, portfolio construction, and investment strategy.

Experience, Education & Certifications

• Minimum of 5 years of relevant experience in a portfolio construction or quantitative investment role within asset management
• Strong understanding of:
  • Portfolio construction and optimization
  • Portfolio risk analysis
  • Equity strategies
  • Quantitative analysis
  • Asset allocation and investment management principles
  • Proficiency with coding, querying, and analytical tools to support portfolio analysis, data management, and investment-decision making
• Experience with portfolio analytics and risk platforms such as:
  • Axioma
  • Barra
  • Aladdin
  • FactSet
  • Bloomberg

Work Schedule & Location

• Standard working hours: Hybrid (Four days in office)
• Work Location: Boston, MA

When applying, please be sure to attach your resume / CV. Applications without a resume file attachment will not be reviewed.

Compensation & Benefits

Compensation Range: 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 well-being program. We expect the annual salary for this position to range between $175,000 to $200,000, plus an annual discretionary bonus, depending on location and level of relevant experience.

Staffing Agency Disclaimer

Please note that we are not engaging staffing agencies or external recruiters for this position at this time. Any unsolicited resumes or candidate profiles submitted to the company or any employee will be considered the property of the company. We will not be responsible for any fees or charges associated with unsolicited submissions, and no agency or search fees will be paid.

Benefits Highlights

• PTO: Three weeks of PTO in your first year
• Health Coverage: Competitive medical, dental, and vision insurance
• Retirement Savings: 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits
• Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities
• Learning Education Assistance Program (LEAP)
• Employee Investment Benefits: Opportunity to purchase company funds with no sales charge

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.