Senior Valuation Analyst
2 months ago
At Franklin Templeton Services, LLC, we are seeking a highly skilled Senior Valuation Analyst to join our team. As a key member of our Global Pricing and Valuation Services group, you will be responsible for overseeing the valuations of private assets and developing and maintaining internal fair valuation models.
Key Responsibilities:- Develop and maintain internal fair valuation models to ensure accurate and reliable valuations of private assets.
- Conduct research to identify, evaluate, and test fair valuation models across equity, fixed income, currencies, and derivatives instruments.
- Provide complex securities support by assisting Global Pricing teams with complex securities valuation research and analysis.
- Develop models to be utilized as secondary or tertiary validation sources for securities priced using broker/dealer quotes.
- Attend audit meetings and provide detailed descriptions of valuation models and inputs.
- Provide special reports, analysis, and/or research to the Valuation Committee and Mutual Funds Boards.
- Support Global Pricing teams with periodic deep dive analysis and reports.
- Participate in pricing vendor due diligence specific to vendor methodologies.
- Client-facing, including ad-hoc meetings with sub-advised clients providing responses to fair valuation questions and details as needed during client due diligence meetings.
- Bachelor's degree, preferably in Finance, Math, or other quantitative discipline.
- Advanced degree (MBA, PhD, Masters of Business, Finance, Mathematics, Quantitative, or related field) a plus.
- Passing of CFA Level 3 required.
- At least 4-7 years of relevant work experience in the mutual fund/financial services industry within investment management, investment performance, or research required.
- Advanced knowledge of statistical theory and understanding of financial instruments and markets are required.
- Demonstrated ability to utilize quantitative, statistical, and mathematical financial techniques for independent fair valuations of securities, including prior experience in model development, risk, valuation, and model validation development and implementation for Structured Products, Foreign Exchange, Equity, Fixed Income, and OTC derivatives.
- Requires demonstrated ability to perform some database management and programming of valuation models. At a minimum, utilizing tools such as Excel (macros) and market data from providers such as Bloomberg.
- Excellent communication and organizational skills.
- Able to handle multiple priorities and manage business expectations.
- Strong attention to detail and accuracy.
- Working knowledge of common equity models (comp and DCF), Black Scholes, binomial trees, GARCH, and plain vanilla bonds required.
- Complex securities valuation – experience with MBS, ABS, CMOs while not directly applicable a plus.
- Experience utilizing Market Data Providers (Bloomberg, FactSet, Capital IQ), Bloomberg preferred.
Work shift is 8:30am PT - 5:00pm PT
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