Investment Risk Manager - Tax Exempt / Taxable

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 to help you reach your potential and contribute to our clients’ success. This position has a hybrid schedule in our San Mateo, Boston, or New York office.

About The Department

Our Investment Risk team safeguards the quality and performance of the firm’s fixed income strategies by providing quantitative insights, independent analysis, and forward-looking risk guidance. The group includes specialists in modeling, portfolio analytics, and financial markets who work collaboratively with investment teams across asset classes. Joining this team gives you the opportunity to influence portfolio construction, strengthen decision-making, and shape tools that support long-term investment excellence.

Responsibilities

• Oversee the implementation and analysis of quantitative risk models for fixed income assets.
• Monitor portfolio risk and deliver regular risk reviews.
• Conduct independent research on risk and return sources.
• Integrate research insights into investment strategies.
• Partner with client service, portfolio management, and external clients on quantitative topics.

Requirements

• Quantitative undergraduate degree (Engineering, Mathematics, Physics, etc.) with an MBA or PhD in Economics, Finance, or a related field.
• Five to seven years minimum of experience in quantitative analysis or risk management within the financial services industry.
• Work authorization that does not require sponsorship of a visa for employment in the United States.

Skills

Technical Skills

• Expertise in risk factor modeling and platforms such as Aladdin, Bloomberg, and Yield Book.
• Proficiency with Microsoft Excel, VBA, SQL, Python, R, or similar analytical tools.
• Proficiency using AI to assist in analysis and research is a plus.

Soft Skills

• Strong written and verbal communication skills.
• Ability to explain complex concepts to nontechnical audiences.
• Collaborative mindset and comfort working with cross-functional teams.

Benefits

• Competitive base compensation with eligibility for an annual discretionary bonus.
• 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits.
• Recognition rewards and a comprehensive benefits package, including:
  • Competitive medical, dental, and vision insurance.
  • Insurance and disability benefits.
  • Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities.
  • Learning resources and career development programs.
  • Reimbursement for certain education expenses through the Learning Education Assistance Program (LEAP).
  • Paid time off (vacation, holidays, sick leave, parental & caregiving leave, bereavement, volunteering, floating holidays).
  • Motivational wellbeing program.
  • Opportunity to purchase company funds with no sales charge.

Pay

We expect the annual salary for this position to range between $180,000 – $190,000 depending on location and level of relevant experience.

Schedule

This position has a hybrid schedule.