Specialist - Investment & Trade Operations

Job Description

At Franklin Templeton, were 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 thats 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

What is the Specialist - Investment & Trade Operations- Investment Ops Brandywine Group responsible for

- The Collateral Management team operates within Brandywines Trading Operations department and assumes primary ownership of collateral management, including systems setup and maintenance for collateral agreements.
- The Collateral Specialist is responsible for mitigation of counterparty risk through the daily exchange of collateral and margin with counterparties and derivative clearing entities. This individual is expected to coordinate this process end-to-end, from the reconciliation of collateral balances and exposures, to the settlement of collateral at the custodian. This includes interacting with counterparties to negotiate collateral using BGIMs collateral management system. In addition, the Collateral Specialist will be involved in troubleshooting settlement failures, adjusting entries into the accounting system, investigating claims, and settling monthly interest payments.
- While this position is primarily involved with collateral management and related activities, the Collateral Specialist may also get involved in the other functions of the team, such as Complex Instruments trade processing, ad hoc requests from auditors or other internal or external partners.
- This position requires an individual who possesses the personal attributes and the professional experience consistent with the Firms high standards of conduct and performance. In performing the job, the individual must demonstrate behaviors consistent with the company core values including:

Act With Integrity

- Demonstrates values and ethics aligned to BGIM and is looked to for guidance on standards and norms
- Follows through on commitments
- Viewed as direct and truthful
- Shows consistency between words and actions
- Keeps confidences

Take Ownership

- Feels a sense of personal responsibility in seeing tasks to completion
- Works and thinks like a team member owns their responsibilities while also considering the enterprise impact
- Takes personal accountability for decisions, actions and outcomes.
- Takes an active role in managing their own career development

Be Curious. Challenge Conventional Thinking

- Introduces new ways of looking at problems
- Experiments and finds new solutions
- Has the courage to push back and ask questions that advance the groups thinking

Debate With An Open Mind

- Uses compelling arguments in representing own interests while actively seeking to understand different perspectives
- Steps up to address difficult issues, says what needs to be said
- Champions an idea or position despite dissent or political risk

Build Strong Diverse Relationships

- Relates openly and comfortably with diverse groups of people. This includes diversity in the broadest sense diversity of thought and functional expertise in addition to race, gender, ethnicity, sexual orientation.
- Builds effective formal and informal relationships inside and outside the organization including co-workers, clients, vendors and parent company, Legg Mason.
- Draws upon multiple relationships to exchange ideas, resources and know-how
- Embraces the spirit of collegiality, mutual respect and teamwork

Strive For Balance

- Prioritizes business needs with an understanding personal realities.
- Understands and considers competing agendas and priorities within the firm when making decisions

What are the ongoing responsibilities of a Specialist-Investment & Trade Operations

- Oversee the collateral management process using BGIMs collateral management system
- Reconciliation of collateral balances and/or derivative exposures using BGIMs reconciliation platform
- Settlement confirmation of collateral/margin calls and related interest payments
- Production of operational metrics related to transaction volumes and/or risk indicators
- Involvement with enhancement projects, as needed
- Communicate with internal and external teams (reconciliation, brokers, and custodian teams) regarding any inquires related collateral/ interest movements.
- Additional functions covered by the team, include:

Complex Instruments

- Reconciliation of positions and market exposures to counterparties
- Complex Instruments trade confirmation and processing, including FX, Futures, Swaps, Options, Term/Bank Loans.

What ideal qualifications, skills & experience would help someone to be successful

- Professionalism and a strong sense of accountability
- Impeccable attention to detail with the ability to see the big picture
- Strong verbal and written communications skills at all levels: courteous, effective and professional; authoritative and diplomatic
- Ability to multi-task independently in a busy and demanding environment amid significant organizational growth and change
- Aptitude to exercise initiative and to define and resolve problems; think outside the box
- Clear understanding of industry terminology and Fixed Income products
- Strong organizational skills with excellent follow-up discipline
- Ability to interpret and understand legal contracts to ensure proper data is captured in relevant systems
- Knowledge and proficiency with Microsoft Office products
- Knowledge and proficiency of Duco, TriOptima, Acadiasoft, Collateral Manager/Cloud Margin or SharePoint a plus
- Acadiasoft (Agreement Manager, Margin Manager, Collateral Manager, IM Threshold Monitor).
- DUCO (reconciliation platform).
- Microsoft Outlook for communication. Also, the rest of the Office Programs.

Other Duties

- Special project and systems based initiatives as appropriate
- BCP Planning and DR Testing, which may include weekend or after hour remote access and participation. Access to personal computer and internet access is required.
- Other duties as assigned

Education & Experience

- Bachelors degree in Accounting, Economics, Finance, or related business discipline
- 3-5 years of experience in the financial services industry; preferably in an operational position.
- Familiarity with collateral management and/or derivatives

Requirements

- This position requires an individual who possesses the personal attributes and the professional experience consistent with the Firms high standards of conduct and performance. In performing the job, the individual must: (i) always act in the best interests of clients, (ii) continuously evaluate and escalate areas of risk to the Firm, (iii) work cohesively and effectively with people across all functions, and (iv) comply with all Firm policies and procedures. Accordingly, it is expected that the individual is of high moral character, well-organized and self-directed, with strong personal skills and an ability to execute work objectives in a dynamic, fast-paced environment.

Work Shift Timings - 8:30 PM - 5:30 AM IST

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, theres 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

By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for lifes adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

Highlights Of Our Benefits Include

- Professional development growth opportunities through in-house classes and over 150 Web-based training courses
- An educational assistance program to financially help employees seeking continuing education
- Medical, Life and Personal Accident Insurance benefit for employees. Medical insurance also cover employees dependents (spouses, children and dependent parents)
- Life insurance for protection of employees families
- Personal accident insurance for protection of employees and their families
- Personal loan assistance
- Employee Stock Investment Plan (ESIP)
- 12 weeks Paternity leave
- Onsite fitness center, recreation center, and cafeteria
- Transport facility
- Child day care facility for women employees
- Cricket grounds and gymnasium
- Library
- Health Center with doctor availability
- HDFC ATM on the campus

Learn more about the wide range of benefits we offer at Franklin Templeton

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 [Confidential Information]. 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.

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