Franklin Templeton Investments

Portfolio Manager, Alternative Risk Premia

Franklin Templeton Investments$200K — $250K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in systematic or quant finance roles, including 5+ years managing ARP portfolios.
  • Bachelor's degree in a quantitative discipline; advanced degree or certifications (CFA, CQF, FRM) preferred.
  • Proficient in Python and AI coding tools for investment-related research and analytics.
  • Hands-on experience with trading derivatives, particularly equity and interest rate instruments.
  • Strong communication skills to present complex strategies to diverse audiences.
  • Experience managing quantitative researchers with a focus on commercial success.

Responsibilities

  • Own the end-to-end management of the ARP book across multiple asset classes.
  • Research and validate systematic signals to ensure their statistical robustness.
  • Define and monitor the ARP framework for risk exposure and stress testing.
  • Oversee a team of quantitative researchers and collaborate across investment teams.
  • Engage with clients to support marketing and service initiatives.
  • Stay updated on factor investing research to enhance strategy effectiveness.

Benefits

  • Three weeks of paid time off in the first year.
  • Comprehensive health coverage including medical, dental, and vision insurance.
  • 401(k) plan with an 85% company match up to IRS limits.
  • Employee Stock Investment Plan (ESIP) with discounted shares.
  • Education Assistance Program to support professional growth.
  • Opportunity to purchase company funds without sales charges.
Full Job Description
About Our Team

Franklin Templeton Investment Solutions (FTIS) manages approximately $140B in assets and serves as the firm's multi-asset solutions platform. As a key access point to Franklin Templeton's global investment capabilities, FTIS brings together insights from across the organization to develop customized investment solutions and diversified portfolios. The team combines strategic asset allocation, portfolio construction, manager research, and risk management expertise to deliver outcome-oriented investment strategies for clients globally.

About The Role

We are seeking a Portfolio Manager to lead the research, construction, and day-to-day management of our Alternative Risk Premia (ARP) strategies. Alternative risk premia strategies systematically harvest well-documented return sources such as value, momentum, carry, and defensive/quality, implemented long/short across multiple asset classes including equity indices and single stocks, fixed income, currencies, and commodities.

This is a hands-on, multi-asset role that blends rigorous quantitative research with practical, real-money portfolio management. The successful candidate will own the full lifecycle of the strategy: signal research, portfolio construction and optimization, risk management, trade implementation across cash and derivative instruments, and performance attribution. You will be both an investor and a builder - equally comfortable conducting research, overseeing execution, and maintaining and enhancing the platform that supports the investment process.

This role will provide you with an opportunity to shape and grow a systematic strategy platform with meaningful autonomy, and work in a collaborative, intellectually rigorous environment that pairs deep research with thoughtful portfolio management. We have the resources of a $1.7T global asset manager to support investment, operational, and commercial success.

How You Will Add Value

  • Own the end-to-end management of the ARP book, including research, portfolio construction, implementation, rebalancing, and risk budgeting across asset classes.
  • Research, design, and validate systematic signals and evaluate candidate factors for statistical robustness and economic intuition, with a thoughtful approach to capacity, turnover, overfitting, and live-versus-back test tracking.
  • Define and monitor the ARP framework to impose strong risk discipline, with specific focus on risk exposure, leverage, liquidity, and stress/scenario analysis.
  • Oversee a team of quantitative researchers, and collaborate with other multi-asset investment teams, traders, solutions portfolio managers, and risk and operations teams to take ideas from research into robust, scalable production.
  • Engage with clients and prospects as needed to support marketing efforts, client service, and distribution opportunities.
  • Stay current with academic and practitioner research on factor investing, and continuously improve the strategy's signals, execution, and infrastructure.


What Will Help You Be Successful in This Role

Experience, Education & Certifications
  • Requires 10+ years of experience in a systematic or quant finance role, with 5+ years managing ARP portfolios.
  • Bachelor's degree in quantitative discipline: mathematics, statistics, physics, financial engineering, computer science, economics, or a related field. Advanced degree and/or professional certification (CFA, CQF, FRM) preferred.
  • Experience working with python and AI coding tools in a professional investment setting, e.g. conducting research, producing analytics, and automating reporting.
  • Hands-on experience trading derivatives, with practical fluency in instruments such as equity futures and swaps, interest rate futures and swaps/swaptions, FX forwards, total return swaps, and commodity futures - including risk, margin, financing, and execution characteristics.
  • Excellent written and verbal communication skills, with the ability to explain complex strategies and results to both technical and non-technical audiences. Track record of publishing or presenting original research on factor investing or systematic strategies preferred.
  • Prior experience managing quant researchers and an entrepreneurial mindset to driving commercial success for the ARP platform.


Work Schedule & Location
  • Hybrid work schedule
  • Work Location: Boston, MA


Compensation Range: Franklin Templeton offers employees a competitive and valuable range of total rewards-monetary and non-monetary - designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational well-being program. We expect the annual salary for this position to range between $200,000 to $250,000, plus an annual discretionary bonus, depending on location and level of relevant experience.

Staffing Agency Disclaimer:

Please note that we are not engaging staffing agencies or external recruiters for this position. Any unsolicited resumes or candidate profiles submitted to the company or any employee will be considered the property of the company. We will not be responsible for any fees or charges associated with unsolicited submissions, and no agency or search fees will be paid.

#MID_SENIOR_LEVEL

#LI-Onsite

At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That's why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.

Highlights of our benefits include:

- Paid Time Off: Three weeks of PTO in your first year

- Health Coverage: Competitive medical, dental, and vision insurance to support your well-being

- Retirement Savings: 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits

- Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities

- Learning Education Assistance Program (LEAP): To support your ongoing growth and career advancement

- Employee Investment Benefits: Opportunity to purchase company funds with no sales charge

About Franklin Templeton Investments

Industry
Founded
1947

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