Internship Quantitative Risk Modeler Jobs in California

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients' success.

The Quantitative Risk Analyst team safeguards the firm's investment decisions by measuring, analyzing, and forecasting portfolio risk using advanced quantitative models and technology. Team members are experienced quantitative professionals who work collaboratively with risk managers, portfolio managers, and client services to deliver reliable insights that inform strategy and strengthen portfolio analytics. Joining this team offers the opportunity to work with sophisticated models, influence firm-wide risk decisions, and grow within a highly analytical, collaborative environment.

• You will analyze and report portfolio risk using quantitative techniques.

• You will build models to assess risk exposures and portfolio impact.

• You will maintain and enhance existing risk methodologies.

• You will improve risk analysis tools for accuracy and efficiency.

• You will collaborate with risk managers and portfolio managers.

• You will support cross-functional initiatives with quantitative insights.

• You will communicate risk findings clearly to senior stakeholders.

• 5+ years of quantitative model development and validation experience.

• Background working within financial markets.

• Master's degree in a quantitative discipline, such as Finance or Financial Engineering.

• Doctorate in a quantitative field preferred.

• Expertise in fixed income analytics, including Mortgage-Backed Securities and structured products.

• Strong understanding of Monte Carlo simulation and time-series modeling.

• Advanced programming skills in Python and Visual Basic for Applications.

• Experience with industry platforms such as Aladdin, Bloomberg, or YieldBook.

• The location is in Pasadena, California

• There is a hybrid schedule of four days in office.

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 wellbeing program. We expect the annual salary for this position to range between $160,000.00 - $165,000.00, depending on location and level of relevant experience, plus discretionary bonus.

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.

- 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

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and 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.