What are the responsibilities and job description for the Trader position at Franklin Templeton Investments?
ClearBridge Investments is a leading global equity manager with over $193 billion in assets under management. The firm is committed to delivering long-term results through active management. We have followed this approach for more than 60 years and continue to offer investment solutions that emphasize differentiated stock selection to move our clients forward. Our investment decisions are supported by a robust research platform that conducts in-depth fundamental analysis of individual securities. We integrate environmental, social and governance (ESG) considerations into our fundamental research process in all our investment strategies.
Owned by Franklin Templeton, ClearBridge operates with investment independence from headquarters in New York and offices in Baltimore, Calgary, Fort Lauderdale, London, San Mateo, and Sydney. ClearBridge Investments has been named by Pensions & Investments Magazine (P&I) as one of the Best Places to Work in Money Management for the thirteenth year in a row. These awards reflect the Firm's diverse and inclusive culture, spirit of collaboration, work/life balance and our ongoing investment in our employees.
At ClearBridge, we believe that diversity and inclusion is essential to our success as an organization. We benefit from the sharing of different perspectives and our varied experiences. ClearBridge is proud to be a diverse company that promotes integrity, respect and teamwork and encourages new ideas and viewpoints. Our commitment to diversity and inclusion is demonstrated through our various recruitment efforts, employee programs, charitable and volunteer efforts.
JOB SUMMARY
ClearBridge Investments is seeking an Equity Trader to join the team out of our New York City headquarters. This individual will be responsible for the trading duties outlined below including IPO's and Secondary offerings.
JOB RESPONSIBILITIES:
- Make independent decisions related to the trades, the selection of brokers and the timing and manner of trade order placement.
- Analyze market sentiment, trading environment, trading volume, and price volatility in order to provide analysis and recommendations to Portfolio Managers and Analysts.
- Analyze investment holdings, projected cash flows, and capital market expectations to support investment policy and portfolio optimization.
- Develop and maintain strong internal relationships with Portfolio Managers, Research Analysts and other Traders.
- Develop and maintain strong external relationships with securities dealers.
- Execute equity securities purchases and sales as well as maintains daily and intra-day order management systems.
- Implement established protocols and policy guidelines necessary to maintain standardized record keeping practices. Emphasizes maintenance of books and records in compliance with evolving legal, SRO, and governmental regulation.
- Document specific portfolio restrictions, funds received or disbursed client communications, and updates contemporaneous client files.
REQUIREMENTS:
- Bachelor's degree; finance /accounting a plus.
- 4-8 years of experience in equity trading, including high touch, algorithmic, and program trading.
- Proven experience in ECM (IPOs, Secondaries, TTWs), collaborating effectively with Portfolio Managers, Analysts, Compliance Officers, and Trade Support.
- Well-established relationships with ECM sell-side firms, particularly bulge bracket firms.
- Familiarity with a wide range of concepts, practices, and procedures in financial services.
- Proficiency in using Bloomberg and various order management systems.
- Proficiency in Microsoft Office Suite.
- Comprehensive understanding of equity markets.
- Experience in equity/index options and international trading is a plus.
- 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 fast-paced, demanding environment.
- Proactive and resourceful with a positive attitude and strong work ethic.
TOTAL REWARDS
Our employees have access to a competitive and valuable set of Total Rewards. Our Total Rewards include:
- Hybrid work schedule.
- 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 $140,000 to $175,000 plus discretionary bonus. Base pay offered may vary depending on job related knowledge, skills, and experience.
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 accommodations@FranklinTempleton.com . 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.
