At Franklin Templeton Investments, we are dedicated to delivering strong results and exceptional service to clients, team members and business partners. Over 9,000 employees working in 60 offices around the world are dedicated to servicing investment solutions for our clients in more than 150 countries. For over 65 years, our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.
The Opportunity: Franklin Templeton, one of the world's largest investment management firms, is looking for a Derivatives Trader for its Global Macro Team, based in San Mateo, California. The Derivatives Trader will be responsible for managing risk and portfolio optimization through the use of derivatives and options strategies, mainly foreign currency and interest rate derivatives. The Trader will work closely with the CIO, Research and Trading teams to provide value added insight in their specific area of derivatives trading expertise.
Essential duties and responsibilities include:
Work closely with portfolio construction team on managing risk and portfolio optimization through the use of derivatives and options strategies. This includes idea generation, structuring options strategies, trade execution and ongoing monitoring of options strategies.
Analyze market landscape to best negotiate and execute options trades within time and price constraints.
Develop and employ options pricing models to determine most efficient pricing of options strategies and payoff.
Recommend trading strategies to investment team resulting in delivery of the best price and volume.
Develop, maintain and enhance new and existing relationships with Sell-Side trading desks to ensure best liquidity and trade execution.
Provide portfolio managers and analysts with timely insight on pertinent markets conditions - i.e daily monitoring of country specific news, economic data, and political events that move markets and/or specific options trades and positions.
Serve as a intermittent back-up / execute the job responsibilities of other Global Macro traders in event of their absence.
Work with other Franklin Templeton trading desks and supporting departments on trading related issues.
Ensure compliance with Franklin Templeton's "Statement of Best Execution Procedures."
Must have 5-7 years of options trading experience at a Large Tier I Bank / Sell Side firm .
Expert in financial derivatives, foreign currency and interest rate options trading, strategy, idea generation and execution.
Bachelor's degree Mathematics, Economics, Physics or other quantitative discipline from a top university.
MBA, CFA, MSFE (Strongly preferred)
Solid negotiation skills and compressive knowledge of securities and their markets, market protocols, factors influencing price trends, and security exchanges.
Strong quantitative modeling skills and analytical abilities.
Strong communication and interpersonal skills.
Proficiency with market data sources (Bloomberg, Reuters, etc.).
What makes Franklin Templeton Investments unique?
In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards -the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.
Highlights of our benefits include:
Three weeks paid time off the first year
Medical, dental and vision insurance
401(k) Retirement Plan with 75% company match, up to the IRS limits
Employee Stock Investment Program
Tuition Assistance Program
Purchase of company funds with no sales charge
Onsite fitness center and recreation center
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 values , 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. Take some time to, meet some of our people , and see what it means to say, "I AM Franklin Templeton".
Franklin Templeton Investments is an Equal Opportunity Employer. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.