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At Franklin Templeton, we're driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that's both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients' achievements.
Come join us in delivering better outcomes for our clients around the world!
Junior Trader
We are looking for an energetic, self-motivated individual with strong leadership skills to join Franklin Templeton's Managed Options Strategies (FT-MOST) team in Westport, CT. The Junior Trader role will require regular interaction with the Co-CIOs and Client Portfolio Managers as well as with Portfolio Managers and distribution personnel within the larger firm. This position will require the candidate to stay abreast of market structure, industry and regulatory trends as well as company specific initiatives. This position will report to the VP/Client Portfolio Manager of MOST.
What are the ongoing responsibilities of the Junior Trader?
* Work with Franklin Managed Options' senior leadership to facilitate, and execute, operational components of growth-oriented equity derivatives asset management business
* Support the portfolio managers in implementation and settlement of listed option transactions.
* Collaborate effectively with team members including Portfolio Managers, Analysts, Compliance Officers, technology, and Trade Support
* As needed, work with internal, and external, technology and custodial partners to support and enhance business operations
* Execute equity option transactions through our proprietary order management system as well as maintain daily and intra-day order management systems.
* Work with technology team to identify opportunities for improvements to proprietary technology system
* Implement established protocols and policy guidelines necessary to maintain standardized record keeping practices. Emphasizes maintenance of books and records in compliance with evolving legal, SRO, and governmental regulation.
* Perform daily reconciliation, quarterly and on-demand performance reporting, security simulation analysis
* Support service desk with periodic and as-needed analysis
What ideal qualifications, skills and experience would help someone to be successful?
* Bachelor's degree; finance /economics/accounting preferred.
* 2-4 years of experience in trading, trade settlement, reconciliation trade break resolution.
* Experience with custodians and clearing firms
* Desire to work in a fast-paced, growth environment
* Knowledge of wealth management operations practices a plus
* Familiarity with a wide range of concepts, practices, and procedures in financial services.
* Proficiency in using Bloomberg and various order management systems.
* Proficiency in Microsoft Office Suite.
* Experience in equity/index options is a plus.
* Excellent analytical skills and meticulous attention to detail.
* Strong communication skills, both verbal and written, are essential.
* Capacity to manage multiple tasks, organize, prioritize, and meet deadlines in a fast-paced, demanding environment.
* Proactive and resourceful with a positive attitude and strong work ethic.
Franklin Templeton offers employees a competitive and valuable range of total rewards-monetary and non-monetary-designed to support the whole person and to recognize their time, talents, and results. Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the salary for this position to range between $118,000 - $125,000
Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there's a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.
Hear more from our employees
By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life's adventures, taking care of your family members, or making a positive impact in your community, we aim to have your needs covered. Learn more about the wide range of benefits we offer at Franklin Templeton.
Highlights of our benefits include:
Three weeks paid time off the first year
Medical, dental and vision insurance
401(k) Retirement Plan with 85% 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
Learn more about the wide range of benefits we offer at Franklin Templeton
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to 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.
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, the job title, and the 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 accommodation requests will receive a response.