Fund Administration & Oversight Analyst

Franklin Templeton Investments; Pasadena (CA); Hybrid; USD 80,000 - 95,000; Full time

Benefits offered by this job

PTO 3 weeks

Health coverage

401(k) match

ESIP program

LEAP education assistance

Job summary

Franklin Templeton Investments is seeking a Fund Administration & Oversight Analyst in Pasadena, CA to oversee daily fund accounting and cash management activities within the Sub-Advised Fund Administration team.

The ideal candidate has at least 5 years in asset management, strong analytical skills, and excellent communication. The role requires hybrid work in Pasadena, with a comprehensive benefits package and potential discretionary bonus.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 5 years in asset management or financial services.
• Strong attention to detail with analytical/problem-solving skills.
• Excellent written and verbal communication; able to interact with clients and managers across departments.
• Advanced Excel skills; programming/data analytics experience a plus.

Responsibilities

• Monitor and manage service level quality of third-party providers (custodian, fund administrator, transfer agent).
• Perform and facilitate robust checks and controls for mutual funds.
• Provide accounting reports and analysis for internal and external clients.

Skills

Attention to detail

Analytical thinking

Communication

Education

Bachelor’s degree in Accounting or Finance

Tools

Excel

Python

Alteryx

Tableau

Job description

## Fund Administration & Oversight AnalystApplylocations: Pasadena, California, United States of Americatime type: Full timeposted on: Posted Todayjob requisition id: 868403At 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 #LI-Hybrid 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.### About UsWhen you become part of Franklin Templeton, you’ll join a company dedicated to progress. A company that doesn’t settle. One where we pursue our ambitions with energy and persistence. That’s why it’s so important that we empower and encourage the progress of our employees. From our welcoming, inclusive, and flexible culture – to our global and diverse business, we provide opportunities to help you reach your potential while contributing to ours.At Franklin Templeton, we embrace individual differences and value experience and perspectives brought by talent from around the world. And, although we are all different, we all have one thing in common – we are dedicated to what we do.So whether you’re just starting your career journey, are well on your way, or are seeking a new direction, you’'ll find the support you need to grow your career with us.**Come, join us, and help us shape the future of the global asset management industry!**