Research Analyst, Mortgage-Backed Securities (MBS)

  • Competitive
  • San Mateo, CA, USA San Mateo CA US
  • Permanent, Full time
  • Franklin Templeton Investments
  • 21 Jun 18 2018-06-21

Research Analyst, Mortgage-Backed Securities (MBS)

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.

We are looking for a Research Analyst - Mortgage Backed Securities (MBS) to join the fixed income research team located in San Mateo, California. As a key member of the team, the analyst will work closely with the portfolio manager to develop quantitative techniques, models, and tools to support and enhance the investment process used to manage FTI's mutual funds and institutional client accounts, in particular those portfolios holding mortgage-backed securities (MBS), and other related asset-backed securities. This position requires the combination of a structured mathematical approach to problem solving, experience with quantitative modeling, business overview, and the ability to work in a dynamic environment.

What are the ongoing responsibilities of the Research Analyst?

  • Develop quantitative tools to aid all aspects of MBS analysis and portfolio construction
  • Analyze mortgage pre-payment speeds and market factors to identify investment opportunities in the MBS market, while assisting the Portfolio Manager in day-to-day portfolio management activities
  • Develop a wide range of risk and financial performance analyses, including mortgage income forecasting and sensitivity analysis, and generate reports for senior management
  • Assist in the implementation and/or enhancement of portfolio management tools and systems to increase efficiency and effectiveness of managing the MBS portfolio
  • Participate in the development and execution of hedging strategies and other ad hoc projects
  • Monitor, measure, and attribute portfolio risks and returns
  • Build and analyze credit and liquidity risk analytics
  • Improve data gathering and data analytics capabilities
  • Work on improving credit risk models and related databases
  • Understand, maintain, and enhance infrastructure related to the investment process
  • Collaborate closely with other investment and technology professionals
  • Explain complex quantitative concepts to non-technical people


Qualifications
What ideal qualifications, skills & experience would help someone to be successful?
  • 3-5 years of Structured Products experience (MBS, CMBS, ABS, Derivatives) is a requirement
  • PhD or Master's degree in Mathematics, Statistics, Financial Engineering, Computer Science or other quantitative fields
  • Strong software design and development experience using Python, Java, SQL, C++, VBA, Perl, PHP and Machine Learning
  • Strong statistical programming experience using MATLAB, R, SAS
  • Experience with big data, time series and statistical analysis
  • Excellent communication and interpersonal skills are required and essential to success in our dynamic environment
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
  • Onsite cafeteria
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 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. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.