Quantitative Analyst (Putnam)

Franklin Templeton Investments; Boston (MA); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

401(k) match

Health insurance

Career development

Paid time off

Job summary

Franklin Templeton Investments in Boston seeks an experienced Quantitative Analyst to enhance the investment process with data-driven insights and tool development. You will work with portfolio managers and analysts to support idea generation, portfolio construction, and risk management.

The ideal candidate brings advanced programming capabilities, strong communication skills, and a track record of end-to-end delivery in a hybrid quant/fundamental environment.

Qualifications

• BS or MS in finance, mathematics, statistics, computing science or similar quantitative field.
• Minimum of 5 years of relevant experience in a quantitative role within asset management.
• Proficiency in SQL, R and Python; experience with NLP and ML methods.

Responsibilities

• Develops and maintains quantitative tools to support stock selection and portfolio construction.
• Supports portfolio construction through optimization, scenario analysis, and risk-aware frameworks.
• Builds stock selection models and a factor library to complement fundamental research.
• Analyze large datasets to identify insights on fundamentals and market behavior.
• Apply NLP and ML to extract insights from structured/unstructured data to enhance signals.
• Designs back testing frameworks for portfolio strategies and alpha signals.
• Contributes to product development and new fund launches.
• Collaborates with technology teams to operationalize tools and data infrastructure.
• Translate analytical results into clear narratives for internal and external audiences.

Skills

SQL

R

Python

NLP

Machine Learning

Portfolio Analytics

Education

BS/MS in finance/math/statistics/computing science

Job description

About the Company

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.

Quantitative Research Team Overview

The Quantitative Research Team is seeking an experienced Quantitative Analyst who will focus on enhancing the investment process through data driven insights, portfolio analytics, and tool development. Working alongside portfolio managers and research analysts, the successful candidate will combine superior technical and problem-solving skills with a deep understanding of the securities industry to support idea generation, portfolio construction and risk management processes. The Quantitative Analyst will contribute to external thought leadership by conducting quantitative research that supports client communications, marketing materials, and white papers. The ideal candidate is a proactive, detail-oriented communicator with strong organizational and analytical skills and a track record of delivering projects end-to-end. You bring advanced programming capabilities and database management expertise, and you’re comfortable partnering across teams to turn complex data into actionable insights.

Key Responsibilities

• Develops and maintains quantitative tools to support fundamental stock selection and portfolio construction


• Supports portfolio construction decisions through optimization, scenario analysis, and risk-aware frameworks


• Builds and enhances stock selection models, screening tools, and a factor library to complement fundamental research


• Analyze alternative and traditional datasets to identify insights relevant to company fundamentals and market behavior


• Applies natural language processing and machine learning techniques to extract insights from structured and unstructured data to enhance fundamental insights, quantitative signals, and evaluate portfolio positioning.


• Designs and implements back testing frameworks for portfolio strategies and alpha signals


• Contributes to product development and new fund launches


• Works closely with technology teams to operationalize tools and enhance data infrastructure.


• Conducts quantitative research to support client engagement, including marketing materials, presentations, and white papers.


• Translates analytical results into clear, compelling narratives for both internal stakeholders and external audiences

Key Qualifications

• BS or MS in finance, mathematics, statistics, computing science or similar quantitative field


• Minimum of 5 years of relevant experience in a quantitative role within asset management


• Experience supporting fundamental equity teams or working in a hybrid quant/fundamental environment


• Knowledge of equity factor models and their practical application in portfolios


• Ability to analyze large datasets and translate outputs into actionable ideas


• Strong written and verbal communication skills, with the ability to translate quantitative insights into compelling narratives


• Proficiency in SQL, R and Python strongly preferred


• Experience applying natural language processing and machine learning methods to investment research


• In depth knowledge of risk management and optimization techniques


• Team player; willingness to work hard and contribute to achievement of team goals

Benefits & Compensation

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 base salary for this position to range between $150,000 - $200,000, depending on level of relevant experience, plus discretionary bonus. 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.

• base compensation


• annual discretionary bonus


• 401(k) plan with a generous match


• recognition rewards


• competitive healthcare options


• insurance


• 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)


• motivational wellbeing program


• 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

Equal Opportunity Employer

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.

Company Culture

When 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!