Jr Trader - Managed Options Strategies
Posted 16 days ago
No clicks
Junior Trader supporting Franklin Templeton's Managed Options Strategies team, executing and settling listed equity and index option transactions and maintaining order management systems. Responsibilities include daily reconciliation, performance reporting, trade break resolution, and compliance-focused books and records maintenance. The role requires collaboration with portfolio managers, analysts, compliance, and technology teams to improve proprietary systems and operational workflows. This is an on-site position in Stamford, CT, suited for candidates with 2-4 years of trading/settlement experience and proficiency with Bloomberg and order management systems.
- Compensation
- $100,000 – $125,000 USD
- City
- Stamford
- Country
- United States
Currency: $ (USD)
Full Job Description
At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic 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 provide opportunities to help you reach your potential while helping our clients reach theirs.
Come join us in delivering better outcomes for our clients around the world!
About the Department
Franklin Templeton’s Managed Options Strategies is seeking a motivated and detail-oriented individual to join the team as a Junior Trader. This position provides a unique opportunity to work side by side with industry experts, gain hands-on experience in the world of options, and have an impactful role within a growing team.
The Junior Trader will have constant interaction with the Head Trader, Co-CIOs, Portfolio Managers, and other personnel within Franklin Templeton. This position will require the candidate to stay abreast of market structure, industry and regulatory trends, as well as company specific initiatives. The ideal candidate would be someone who has a strong interest in markets, is eager to learn, and thrives in a fast-paced environment.
Location – On-site in Stamford office
How you will add value
Work with Franklin Managed Options’ team to facilitate and execute operational components of a growth-oriented equity derivatives asset management business.
Support the Head Trader and portfolio managers in implementation and settlement of listed option transactions.
Collaborate effectively with other team members including Portfolio Managers, Analysts, Compliance Officers, Technology, and Trade Support.
Perform daily reconciliation, quarterly and on-demand performance reporting, and simulation proposal analysis.
Execute equity and index option transactions through our proprietary order management system, as well as maintain daily and intra-day order management systems.
Implement established protocols and policy guidelines necessary to maintain standardized record keeping practices.
Maintain books and records in compliance with evolving legal, SRO, and governmental regulation. Emphasis on the maintenance of books and records in compliance with evolving legal, SRO, and governmental regulation.
Work with technology team to identify opportunities for improvements to proprietary technology system.
Support service desk with periodic and as-needed analysis that arise.
What will help you be successful in this role
Bachelor's degree; finance /economics/accounting preferred.
2-4 years of experience in trading, settlement, reconciliation and/or trade break resolution.
Experience with custodians, brokers and clearing firms.
Familiarity with a wide range of concepts, practices, and procedures in financial services.
Experience in equity/index options is a plus.
Knowledge of wealth management operations practices a plus
Proficiency in using Bloomberg and various order management systems.
Proficiency in Microsoft Office Suite.
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 demanding environment.
Desire to work in a fast-paced, growth environment.
Proactive and resourceful with a positive attitude and strong work ethic.
Willingness to work fully on-site in Stamford, CT
Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary — designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the annual salary for this position to range between $100,000 - $125,000, depending on location and level of relevant experience, plus discretionary bonus.”
#ASSOCIATE
#LI-Onsite
Experience our welcoming culture and reach your professional and personal potential!
Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. 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.
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 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 accommodations@franklintempleton.com. In your email, please include the accommodation or adjustment 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.
