Director - Investment Risk

  • Competitive
  • New York, NY, USA New York NY US
  • Permanent, Full time
  • Franklin Templeton Investments
  • 21 Jun 18 2018-06-21

Director - Investment Risk

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 Director of Risk Management is a senior leadership role responsible for overseeing the Investment Risk functions that support the growth and increasing complexity of Franklin Templeton's global asset management business, with a focus on Alternatives, multi-asset solutions and ETFs.

The Director of Risk Management is a key member of the Investment Risk Management organization and business partner with Chief Investment Officers of the covered portfolio groups, manage a team of risk professionals, and interact closely with portfolio managers as consultants to more fully integrate investment risk management into the investment decision processes within each group. Investment Risk responsibilities span three fundamental constituents: 1) portfolio teams; 2) fund boards; 3) and clients/prospective clients. The Risk team also has leadership roles in key firm-wide committees.

The Director of Risk Management position requires a solid understanding of global multi-asset strategies, statistical and technical foundations of quantitative risk and financial models, and excellent judgment in order to determine the risk and portfolio issues to be communicated to the portfolio manager and/or escalated within the Risk organization and to the CEO. This role also requires advanced partnership and communication skills to ensure the portfolio teams understand and incorporate risk information effectively.

What are the ongoing responsibilities of the Director of Investment Risk?

  • Work with Portfolio Managers to understand their investment process and how they define risk, and providing analytics and advice on risk budgeting, risk decomposition and performance attribution analytics and supporting market / client service effort to ensure that a robust investment risk framework is consistently applied in developing and managing investment products.
  • Help portfolio managers tailor exposure and optimize risk/reward.
  • Implement appropriate measures to identify, define, measure and communicate investment risks in the investment portfolios.
  • Measure and communicate the performance impact of past risks by effectively using performance attribution information.
  • Integrate risk and quantitative strategy into the new product development and approval process.
  • Manage a team of risk professionals to integrate investment risk management into the investment process firm wide.
  • Work with his/her team as well as with other Risk group colleagues to ensure effectiveness in client meetings, reporting, board communications, and regulatory requirements.
  • Support the key firm-wide committees, and lead the discussion in those committees leveraging his/her in-depth knowledge of portfolios risks.
  • Provide guidance and support to the team to ensure high quality service to senior management, portfolio teams, marketing/client service colleagues, and fund boards.
  • Build relationships with key internal clients within the portfolio management teams to ensure investment risk is considered at each step of the investment process.
  • Continuously evaluate risk and performance attribution systems, technologies and methods with a goal of continuously enhancing the Risk group's capabilities. Integrate risk, performance data and quantitative strategy into the RFP and marketing/client service process.


Qualifications
What ideal qualifications, skills & experience would help someone to be successful?
  • Requires 10+ years of Risk Management experience in multi-asset strategies , including complex securities, derivatives, hedge funds, real estate, in addition to traditional asset classes.
  • Previous senior leadership and work experience in the investment management field, with comprehensive knowledge of financial markets and instruments.
  • MBA or Master's degree in a relevant discipline required.
  • CFA and/or FRM designation.
  • Excellent interpersonal and communication skills with the ability to be decisive think strategically and work effectively as a partner to portfolio teams.
  • Strong client management and presentation skills with the ability to work effectively with both internal and external clients.
  • Broad exposure to risk management disciplines, including a strong background in market, credit and liquidity risk.
  • In-depth understanding of portfolio management and construction process.
  • Solid understanding of risk and performance attribution systems and methodology.
  • Capable of providing intellectual leadership and guidance within the risk department and with partners in other departments.
  • Strong organization skills.
  • Ability to travel domestically (25%-50%).
  • This position will be located in New York or Stamford, CT
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*
  • *Only applicable at certain locations

  • 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, s tate, 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.