Franklin Templeton Investments Hiring for Lead Fund Administration Analyst at Hyderabad, Telangana Full Time

Full Job Description
At Franklin Templeton, everything we do is focused on one thing – delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 9,500 employees working in 30 countries around the world are dedicated to servicing investment solutions for our clients in more than 155 countries. For more than 75 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.

What is the Global Fund Expense & Budget (“GFEB”) group responsible for?

Role is within the Global Fund Administration & Oversight group (“GFAO”), of Franklin Templeton Services (“FTS”) which performs oversight to the registered open and closed end mutual funds

GFEB performs oversight of fund expenses, expense ratios, budgets prospectus, disclosures, product analysis, board reporting related to fund expenses

What is the Lead Fund Administration & Oversight Analyst responsible for?

Responsible for review & approval of Funds’ budgets, which may be prepared by expense type or Fund range, prepared by administrator. Understands significant changes in current year accruals as well as prior year expense.

Ability to become the subject matter expert on various expense categories, such as Custody fees, Fund Accounting and Fund Admin fees, and certain fund ranges such as CAD or ETF funds

Lead the team and other areas in Fund Administration with building out reporting utilizing digital tools.

Subject matter expert in the various tools, such as Xceptor, Alteryx and Power BI

Proactively identifies potential improvements in work processes supporting the oversight model

Review and validate fund invoices pertaining to Custody, Depository, Fund Accounting, Fund Admin, and Other fees utilizing digital tools

Lead and main point person for team and custodian/administrator for status updates and questions on invoices

Review and analyze expense disclosures for annual prospectus & SAI updates for ’40 Act funds. Works closely with fund administrator and team members on loading data into Legal’s depositor

Assist Director of the team with various impact analysis for vendor changes and other board presentations

Assist team with board reporting including analysis of Fund expenses such as review of waivers, fund expenses and annual 15c contract renewal. Assist team members on certain board commentary to be included in presentation to the Boards

What are the ongoing responsibilities of a Lead Fund Administration & Oversight Analyst?

Execute risk-based approach by understanding Funds’ administrators control environment, and the continuous development and implementation of an agreed-upon global fund expense & budget oversight model

Collaborate Funds’ administrators and other groups within GFAO on changes in Funds’ expenses.

Utilize digital tools and work closely with other teams in GFAO to create reporting and analysis to assist with the Fund oversight.

Involved with reporting and analysis related to the Funds’ expenses.

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

Degree in Accounting, Finance, Marketing or related field or equivalent experience

5-8 years relevant experience, Asset Management industry experience desired

Experience working and implementing use cases through digital tools such as Xceptor, Alteryx and/or Power BI

Strong written and oral communication skills

Ability to work independently, with minimal guidance, multi-task and prioritize work in a fast-paced environment while quickly adapting to on-going change

Strong knowledge of Microsoft office, primarily Excel

Shift Work Timing – 6:30 PM – 3:30 AM IST

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:
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 employee’s 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)

“Location specific benefits” as mentioned below

Onsite fitness center, recreation center, and cafeteria
Cricket grounds and gymnasium
Library
Health Center with doctor availability
HDFC ATM on the campus

Franklin Templeton Investments is an Equal Opportunity Employer. We invite you to visit us at Franklin Templeton Careers to learn more about our company and our career opportunities.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need a workplace arrangement to search for, or apply for, one of our positions please send an email to accommodations@franklintempleton.com . In your email, please include the arrangement you are requesting and the job title and job number you are applying for. We will review the request and make a best effort to enact the arrangement. It may take up to three business days to receive a response to your request. Please note that only requests for arrangements will receive a response.