Portfolio Associate
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Job Location:
New York City, NY - USA
Monthly Salary:
$ 95000 - 125000
Posted on:
17 hours ago
Vacancies:
1 Vacancy
Job Summary
Franklin Templeton Private Portfolio Group LLC (FTPPG) is a wholly-owned subsidiary of Franklin Resources Inc. FTPPG together with its sub-advisers provides investment advisory services in investment programs offered at Sponsor Firms. FTPPGs sub-advisers include but are not limited to ClearBridge Investments Franklin Advisers Putnam Investment Management Royce and Western Asset.
According to Cerulli Associates Franklin is ranked #2 for provider of model-delivered SMAs measured by retail AUM as of 1Q 2025. Model delivered assets were approximately $80 billion as of March 2025. FTPPG is contracted with over 175 sponsor firms with total assets currently over $135 billion.
FTPPG is looking for a Portfolio Associate to join our complex fast-paced and team-oriented implementation team. This individual will be primarily responsible for delivering and verifying portfolio changes to the various sponsors (model delivery) and implementing such changes for our discretionary SMAs while being committed to providing clients and investment professionals with exceptional service and support.
An ideal candidate has extensive knowledge of the SMA industry has worked with various SMA programs (Vestmark Archer Merrill Lynch Morgan Stanley to name a few) and has technical skills to run reports and format products for various uploads.
Key Responsibilities:
- Model delivery and verification of portfolio changes
- Trade implementation of separately managed accounts
- Liaise with various personnel from the specialist investment managers of the Franklin organization (e.g. portfolio management operations trading client service) to transition and invest accounts in accordance with strategy and client guidelines.
- Raise and invest cash as needed following client directed flows
- Perform various daily and weekly checks of the account base e.g. high cash non-model holdings and respond to ad hoc requests from investment teams
- Respond to inquiries from Clients FAs and PM teams
- Interact with outsourced SMA Service provider on a daily basis
- Other duties as assigned
Overall Requirements
- BA/BS in business or related field
- 3 years experience in the financial industry
- Understanding of investment products and securities operations
- Understanding of model delivery and trade implementation functions in separately managed accounts
- Ability to analyze problems and provide resolutions
- Detail-oriented with the ability to work independently and multi-task in a fast-paced environment. Must also be a team player.
- Excellent communication and organizational skills
- Proficient in Microsoft Office
- Working knowledge of Archer a plus
Total Rewards
Our employees have access to a competitive and valuable set of Total Rewards. Our Total Rewards include:
- Health wellness and risk benefits to protect employees and their families
- Retirement savings stock purchase and other incentive programs to help employees plan for the future
- Holiday paid-time-off and other employee programs that support work-life balance
- Support for pursuing certifications external education and degree programs
- Learning development and career advancement opportunities
- Ways to get involved in and give back to our communities including paid time off for volunteering and charitable donation matching
- The salary range for this position is targeted for $95000 to $125000 plus discretionary bonus. Base pay offered may vary depending on job related knowledge skills and experience
FTPPG 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.
ClearBridge 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.
If you believe that you need an accommodation or adjustment to search for or apply for one of our positions please send an email to . In your email please include the accommodation or adjustment 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.
Required Experience:
IC
Key Skills
- Project / Program Management
- Project Portfolio Management
- Portfolio Management
- Credit Analysis
- Banking
- Pricing
- Analysis Skills
- Project Management
- Financial Analysis
- Budgeting
- Property Management
- Contracts
About Company
Franklin Templeton Investments is a global investment manager. At the core of our business are multiple world-class investment management groups – Franklin, Templeton and Mutual Series – each operating independently and offering their distinct perspectives to financial advisors and th ... View more
