Job Description

At Franklin Templeton, everything we do is focused on one thing - delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 12,000 employees working in 34 countries around the world are dedicated to servicing investment solutions for our clients in more than 160 countries. For more than 70 years our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.

We are looking for a Junior Trader/Analyst to join the Fixed Income Securitized Products team in New York City. The securitized products group resides within the broader fixed income platform responsible for the analysis, trading and management of the securitized sectors including agency/non-agency RMBS/CMBS/ABS and CLO's.

As Junior Trader/Analyst there is a huge opportunity to learn within this role as you will be supporting senior analysts and portfolio managers with the execution of basic trading orders, progressing to more complex trade and analysis as you develop. The Junior Trader will be an integral part of the investment process, where your focus is on delivering best execution whilst providing an insightful value-added service for the broader investment teams by generating analysis that leads to trade recommendation and implementation into portfolios.

What are the responsibilities?

* Primary responsibility: Support senior trader, portfolio managers, and sector specialists with daily responsibilities including structured products and rates trade execution, trade entry and settlement.
* Secondary emphasis is in trade idea generation and sector specific research.
* Work with various groups including internal risk management group, product management and client services for both day-to-day issues involving portfolio performance/attribution as well as longer term projects.
* Monitor bond market activity across all securitized fixed income markets. Provide portfolio managers and analysts with updated market news, trading activity and potential impact on market pricing.
* Develop sector and derivative market knowledge as well as electronic trading strategies.
* Evaluate relative value between fixed income securities and derivatives to determine most efficient way to gain exposure to sectors.
* Develop and maintain strategic relationship with market makers to ensure best execution and in-depth market commentary/coverage.
* Develop and maintain relationships with internal teams including derivative agreements, compliance, settlements, and pricing.
* Utilize various systems including Bloomberg PORT and MBS Expert to determine appropriate trade amounts for all funds and enter trades into Charles River Investment Management System.



What ideal qualifications, skills & experience would help someone to be successful?

* Bachelor's degree in a quantitative discipline such as: mathematics, science, or engineering.
* Work Experience: 6 months to 2 years of experience.
* Currently pursuing CFA qualification or intention to do so.
* Knowledge of financial markets
* Strong quantitative and database skills. Programming experience would be a plus.
* Python programming language preferred: SQL, VBA, Java C++, etc.
* Previous experience or familiarity with Bloomberg, Tradeweb, MBS Expert and Charles River Investment Management System.
* Ability to proactively generate trade ideas for portfolio implementation and willingness to learn and conducts analysis in different sectors.
* Strong team player who can integrate into an existing team and processes. Effective relationship management skills and the ability to build strong relationships with external parties.
* Ability to work independently as well as under supervision whilst you develop in the role.
* Strong attention to detail.
* Strong communication skills, both written and verbally.
* Ability to excel in a fast-paced, transaction-oriented environment.

What makes Franklin Templeton unique?

In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards--the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

Highlights of our benefits include:

* Three weeks paid time off the first year
* Medical, dental and vision insurance
* 401(k) Retirement Plan with 75% company match on your pre-tax and/or Roth contributions, up to the IRS limits
* Employee Stock Investment Program
* Tuition Assistance Program
* Purchase of company funds with no sales charge
* Onsite fitness center and recreation center*
* Onsite cafeteria*

*Only applicable at certain locations

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.

We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals. Take some time to, meet some of our people, and see what it means to say, I AM Franklin Templeton.

Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing 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. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for, or apply for, one of our positions please send an email to accommodations@FranklinTempleton.com. In your email, please include the accommodation you are requesting and the job title and job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only requests for accommodations will receive a response.

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