What are the responsibilities and job description for the Alternative Investments Accounting & Reporting - Undergrad Intern position at F1209 Fiduciary Trust International,LLC?
At Franklin Templeton, we’re driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified 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 offer opportunities not only to help you reach your potential but also to contribute to our clients’ achievements.
Come join us in delivering better outcomes for our clients around the world!
Department Title: Undergrad Intern – Alternative Investments Accounting & Reporting
Location: The intern candidate must be able to commute into the Lincoln, PA office each week.
Position Summary:
The investment accounting and reporting team is responsible for the fund administration for our private funds which consist of private equity and hedge fund of funds and comingled investment vehicles, the investment accounting and reporting for client investments in alternative investments as well as overseeing the reporting operations which support the consolidated performance reporting for ASG clients.
The work done by the intern over the summer will help with the firm’s initiative to scale investing in alternative investments. It will be critical to the centralization of the operations, accounting and reporting of alternatives which supports this initiative.
Team Culture:
The team works closely with the Client Service team, Portfolio Managers and the Performance team. Our responsibility is the accuracy, completeness and timeliness of data reported to clients related to their investments held with multiple custodians and in multiple asset classes including alternative investments (investments in our private funds as well as other third-party fund managers)
An Investment Accounting & Reporting – Alternative Assets Intern at Franklin Templeton can expect to gain:
- Knowledge about alternative investments
- Experience working with groups throughout the firm, including portfolio management, performance, and custody teams.
Key Responsibilities May Include:
- Assisting with an Investment Classifications project for all alternative investments held by clients across the firm as a part of our new accounting system migration.
- Working on a project to document the source of information for alternatives held across the firm.
- Presenting your progress on our bi-weekly management call.
Ideal Qualifications:
- Strong organizational skills and attention to detail.
Ready to make moves? Apply 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 $30 USD per hour. 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, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture, 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 accommodations@FranklinTempleton.com . 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.
Experience our welcoming culture and reach your professional and personal potential!
Our culture is shaped by our diverse global workforce and strongly held core values. 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.
Hear more from our employees
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to 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.
Franklin Templeton is committed to fostering a diverse and inclusive environment. 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.
Salary : $30