Equity Solutions Portfolio Analyst – Portfolio Construction & Optimization

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

Benefits offered by this job

Three weeks PTO

Medical, dental, vision insurance

401(k) with 85% company match

ESIP

LEAP education assistance

Employee stock investment program

Job summary

Franklin Templeton seeks a Portfolio Analyst to support portfolio construction, customization, and solutioning across investment strategies. You will enhance the investment process using optimization techniques and collaborate with managers, risk, product, and client teams to align with client objectives and risk parameters.

The ideal candidate combines strong quantitative and analytical capabilities with fundamental investing knowledge and portfolio management principles, supporting

Qualifications

• Minimum of 5 years in a portfolio construction or quantitative investment role within asset management.
• Strong understanding of portfolio construction, risk analysis, and equity strategies.
• Proficient in quantitative analysis and investment management principles.
• Proficiency with coding, querying, and analytical tools for portfolio analysis.

Responsibilities

• Support development and implementation of customized portfolio solutions.
• Translate client objectives and constraints into portfolio construction recommendations.
• Partner with portfolio managers and client teams to deliver scalable customization.
• Analyze portfolio exposures, allocations, and risk relative to benchmarks.

Skills

Portfolio construction

Quantitative analysis

Asset allocation

Risk analysis

Coding & data tools

Tools

Axioma

Barra

Aladdin

FactSet

Bloomberg

Job description

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

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.

Highlights Of Our Benefits Include

• Paid Time Off: Three weeks of PTO in your first year
• Health Coverage: Competitive medical, dental, and vision insurance to support your well-being
• 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): To support your ongoing growth and career advancement
• 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.