Undergrad Intern – Quantitative Team (Global Pricing Valuation Services)

2024 Undergraduate Summer Intern Job Posting

Department Title: Undergrad Intern Quantitative Team (Global Pricing Valuation Services)

Location: This position will be based in any of the Franklin Templeton US offices or remote. Please note this internship can be on a hybrid basis with 2 days a week in the office.

Position Summary:

Department Overview

The Quantitative Team within Global Pricing and Valuation Services (GPVS) researches and builds valuation models for private equity debt and derivatives securities held in Franklin Templeton and Legg Mason Mutual Funds and Private Equity Funds. The Team also performs ad hoc analysis and valuation on restructurings corporate actions and financial markets. The activities of the Quant Team and GPVS are governed by the Valuation Committee (VC) and Mutual Fund Boards

Team Culture:

• We must interact with most of the teams in FT such as portfolio management team CXO level management corporate actions etc.
• Flexible work culture

An Intern can expect to learn by the end of their internship:

• Valuation concepts
• Communication with key stake holders
• Working in a time crunch situations
• Use complex valuation models to price Private Equity and Private debt.
• Use judgement to make decisions on the valuation assumptions.
• We are responsible for all the private investments which Franklin Templeton makes across the Globe.

Key Responsibilities can Include:

• Assisting the Senior Quantitative Valuation Analyst in day-to-day tasks.
• Preparing draft valuation models including revenue and profitability assumptions.
• Preparing warrant and option pricing models.
• Preparing valuation write-ups.
• Assisting the Global Pricing and Valuation Services team with ad-hoc pricing requests.
• Drafting emails for communication with the front office regarding reasonability of our assumptions and price levels.
• Assisting the team with audit requests.
• Conducting analysis on various corporate action events in trade halt securities to recommend accurate pricing.

Ideal Qualifications:

• Bachelors degree preferably in Finance Math or other quantitative discipline.
• Currently pursuing MBA in Finance.
• Pursuing CFA or CFA L1 cleared.
• Knowledge of mutual fund/financial services industry and private equity and venture capital.
• Basic knowledge of financial instruments such as derivatives fixed income and equity.
• Advanced knowledge of Microsoft Excel (IF function vlookup basic understanding of excel macros)
• Basic knowledge of various valuation methods such as comparable company analysis discounted cashflow method and black scholes model for option pricing.
• Strong attention to detail and accuracy.
• Knowledge of databases such as Bloomberg would be an added advantage.
• Excellent written and oral communication skills.

Ready to make movesApply today!

When applying please be sure to attach your resume. Applications without a resume file attachment will not be reviewed.

Due to the large volume of applications anticipated we may not be able to personally contact every applicant. If you are interested in applying to more than one Franklin Templeton internship please apply for other internships that pique your interest.

Compensation Range:This is a full-time internship where students will work approximately 37.5 hours per week and earn competitive hourly pay of $24 - $31 USD per hour. Pay rate ranges by location. 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.

What makes Franklin Templeton unique

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 andsupporting our communities. An emphasis on corporate citizenship is embedded in ourculture 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.

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 Franklin Templeton Careers to learn more about our company career opportunities and recruitment process.

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 . 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.