What are the responsibilities and job description for the Alternative Investments Accounting position at Franklin Templeton?
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.
Department Title: Undergrad Intern - Alternative Investments Accounting & Reporting
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)
Investment Accounting & Reporting - Alternative Assets Intern
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.
Franklin Templeton is committed to fostering a diverse and inclusive environment.
