Fund Administration & Oversight Analyst

Franklin Templeton; Pasadena (CA); On-site; USD 80,000 - 95,000; Full time

Benefits offered by this job

PTO

Health insurance

401(k) match

ESIP

LEAP

Employee stock plan

Job summary

Franklin Templeton in Pasadena, CA, is seeking a Fund Administration & Oversight Analyst to join the Sub-Advised Fund Administration team. You will oversee daily accounting, cash management, and data delivery to investment management, working in a hybrid model in Pasadena.

The role requires fund administration experience, strong communication, and proficiency in Excel, with a competitive salary and discretionary bonus.

Qualifications

• 5+ years of asset management or financial services experience.
• Strong communication and analytical skills.
• Proficiency in Excel and financial reporting.

Responsibilities

• Monitor service level quality of third-party providers (custodian, fund administrator, transfer agent).
• Oversee robust checks and controls for mutual funds.
• Provide accounting reports and analyses for internal and external clients.
• Coordinate year-end audits with external auditors and custodians.
• Address and manage inquiries from internal or external clients.
• Execute instructions on trade orders and oversee reconciliations (cash, futures & options, NAV) across custodians or brokers.
• Manage subscriptions and redemptions; ensure accurate cash balances."
• Oversee monthly closing of the funds’ accounting records.
• Collaborate with stakeholders to solve problems and proactively manage risk.
• Lead or participate in business process improvement projects.

Skills

Asset management experience

Strong communication

Excel proficiency

Data analysis

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Python

Alteryx

Tableau

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.

As a Fund Administration & Oversight Analyst, you’ll be responsible for fund administration duties in our Sub-Advised Fund Administration team. The Sub-Advised Fund Administration team is responsible for performing oversight of daily accounting and cash management functions, monitoring and overseeing service level at fund service providers, and ensuring timely and accurate delivery of data to investment management team.

We are looking for a highly motivated individual who adapts quickly to fast paced environment and thrives in a team-oriented setting. Fund administration experience is required. The ideal candidate will demonstrate a stakeholder-focused mindset, strong research and analytical capabilities, and a solid understanding of mutual funds supported by relevant professional experience. You will also possess exceptional written and verbal communication skills and be comfortable leveraging digital tools to drive results.

You will collaborate with the wider team to support daily investment operation activities. Ready to deal with multiple, challenging demands, you’ll be highly energetic, motivated, user-focused and adapt quickly to thrive in a team-oriented environment. You’ll thrive in our non-hierarchical, entrepreneurial culture where your ideas will be heard, and your input valued.

How You Will Add Value

• Monitor and manage service level quality of third-party providers such as the custodian, fund administrator, and transfer agent
• Perform and facilitate development of robust checks and controls for the mutual funds
• Provide accounting reports and analysis for internal and external clients
• Coordinate year-end audits in conjunction with external auditors and custodians
• Address and manage inquiries and requests from internal or external clients
• Execute instructions on trade orders
• Perform oversight of reconciliations - cash, futures & options, swaps, net assets, performance, etc. - against the custodian, third party administrator, or broker
• Manage subscriptions and redemptions on the mutual funds; communicate proactively with the investment management team to ensure accurate cash balances are provided in a timely manner
• Oversee cash management process which involves reviewing and validating projected cash balances across multi-currencies and drafting recommendations as part of daily cash management process
• Oversee monthly closing of the Funds’ accounting records
• Coordinate and collaborate effectively with other stakeholders to solve problems and proactively manage risk
• Lead and/or actively participate in business process improvement projects

What Will Help You Be Successful

• Bachelor’s degree in Accounting, Finance, or related field
• Minimum of 5 years of experience of asset management industry or financial services related work experience
• Strong attention to detail, demonstrated analytical and problem-solving skills
• Strong accounting, quantitative, or fund administration skills and understanding of complex fixed income investment products
• Excellent communication skills, both written and verbal, and ability to interact with both clients and managers in other departments
• Ability to work efficiently independently as well as in a team setting
• Expert in Microsoft Office, especially in Excel
• Programming knowledge or experience with data analytics or reporting applications (e.g. Python, Alteryx, Tableau, etc) is a plus

Work Schedule & Location

This role is based in Pasadena, CA and operates under a hybrid working model, blending in-office collaboration with remote work flexibility.

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 wellbeing program. We expect the annual salary for this position to range between $80,000 - $95,000, depending on location and level of relevant experience, plus discretionary bonus.

#ASSOCIATE

At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That’s why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.

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.