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 – Valuations

Position Summary: 

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

We are responsible for all the private investments which Franklin Templeton makes across Globe. Joining our team this summer means learning to use complex valuation models to price Private Equity and Private debt, using judgement to make decisions on the valuation assumptions.

Team Culture:

We are a collaborative team, interacting with most of the teams throughout the firm such as the Portfolio Management team, CXO level management, corporate actions etc.

Our work culture is flexible.

A Valuations Intern at Franklin Templeton can expect to learn:

• Valuation concepts
• Communication with key stake holders
• Working in time crunch situations

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:

• Bachelor's 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 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 35-40 hours per week and earn competitive hourly pay of $24-$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!

Salary : $24 - $30