Global Macro Research Associate

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 7,176 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.

We are currently looking for a Research Associate to join the Templeton Global Macro group of Franklin Templeton Investments in San Mateo, CA.

As of June 30th, 2023, the Templeton Global Macro team managed more than $21 billion in assets, while total assets under management for the company were over $1.4 trillion. Dr. Michael Hasenstab has managed the team since 2001. Templeton Global Macro manages unconstrained global fixed income strategies that invest across yield curves, currencies, and credit spreads utilizing a research-intensive, fundamentals-based approach to capitalize on temporary inefficiencies and capture long-term potential value. As a multicultural team built for cognitive diversity, Templeton Global Macro has been purposefully structured to bring together diverse cultures and experiences, political views, and economic schools of thought. As of June 30th, 2023, our team consists of 30 investment professionals including five Ph.D. economists. 13 different nationalities from six continents are represented, and 15 different languages are collectively spoken.

The Research Associate will work under the guidance of a Senior Research Analyst and will closely engage with a small team comprised of other Analysts, Traders, Portfolio Administrators and Portfolio Managers. This position presents a unique opportunity to work one-on-one with multiple PhD economists in a non-academic setting. 

Essential duties and responsibilities include:

• Provide detailed macroeconomic, sovereign credit, and political analysis.
• Monitor current market developments within a region of the globe.
• Make investment recommendations relating to macroeconomic dynamics, interest rates, exchange rates, and sovereign debt, over time.
• Interact with researchers from top banks, portfolio clients, and high-level government officials.
• Coordinate and draft both internal and external communications.
• Must be willing to travel internationally, if required.

We are seeking candidates with the following qualifications:

• Must be a US citizen or Green Card holder.
• A strong academic background with, at minimum, a Bachelor's degree.
• Working knowledge of one or more languages besides English.
• Experience living, traveling, or studying abroad.
• A solid understanding of macroeconomics and politics.
• Excellent written and oral communication skills.
• No prior experience in finance is required, but should be comfortable with expressing quantitative concepts.
• Capacity to work in a team-oriented and diverse environment. 

We are seeking students from all majors. 

The base salary range is USD $80,000 to $100,000. Base pay offered may vary depending on job-related knowledge, skills, experience, and work location.

If interested, please email cover letter and resume to all 3 contacts:

Janny Xie, Janny.Xie@franklintempleton.com

Michelle Zhou, Michelle.Zhou@franklintempleton.com

Krishna Patel, Krishna.Patel@franklintempleton.com 

Deadline date: November 26, 2023

*Deadline may or may not be extended depending on number of applicants collected by the deadline.