Trading Assistant

Year    Chennai, Tamil Nadu, India

Job Description



At Franklin Templeton, we\xe2\x80\x99re driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that\xe2\x80\x99s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients\xe2\x80\x99 achievements.

Come join us in delivering better outcomes for our clients around the world!

About Team


  • EME Trading team is primarily responsible for execution of Equity/F&O/SLBM trades for India listed securities for all advisory groups, team also takes care of markets like Pakistan and Sri Lanka and is primary back up for MENA markets.

  • EME Trading is committed to providing a competitive advantage for our investment clients by maximizing market insight, relationships, trading strategies and technologies, while maintaining the highest level of professionalism and integrity.


We as a team focus on the following.

  • Present trading ideas and strategies.

  • Suggest timing and manage liquidity.

  • Filter and present opportunistic information

  • Actively seek to reduce trading costs.

  • Optimize impact and opportunity costs.

  • Coordinate and foster collaboration

  • Manage and optimize commissions.

  • Understand the daily market dynamics.


What is the Trading Assistant \xe2\x80\x93 EME Trading group responsible for?

  • Trading Strategy is responsible for data analysis of trading data that will generate value added data points for the Desk to utilize for business decision making.

  • Assist Traders with Morning Notes, Market Flows, Evening Market Wrap, Work on Regulatory reporting, Broker certification, Technical Analysis, Transaction Cost Analysis, and other Statistical Analysis that will help the traders manage their business more efficiently.

  • Trading Assistants will begin to align themselves with the trading process and work to find new ways to add more dimensions to the service Global Trading provides to the Research Groups or to the Trader\xe2\x80\x99s decision-making process.

  • Given the nature of these reports and the recipients, this position requires close oversight and continuous innovation of the process.

  • Through training and on the job experience, the Trading Assistant may learn the techniques and develops the skills necessary to analyse Real-time market data.

  • Trading Assistant should also interact with other departments like Operations, Compliance, and sales for providing any data as per requirement.


What are the ongoing responsibilities of Trading Assistant?

Quant Models

  • Work on Quantitative models, Trading and Portfolio Analytical tools to optimize big data and come up with ideas on improving efficiency.


Stock Ideas

  • Run stock screener on existing universe of Portfolio to suggest stock ideas based on historical data.


Transaction Cost Analysis

  • Analyse TCA reports and come up with inputs on how to further improve performance.


Algo Analysis

  • Support Real time and Post trade Venue/Algorithm analysis for better Algo Selection and improved Trading Performance


Broker Certification

  • Manage Broker certification.


Commission Survey

  • Do a periodic survey of commissions.


Market Share Study

  • Work on Market share Study for India Desk.


Free Float Report

  • Work on Free Float report for CIO on monthly basis and highlight any big changes.


Liquidity Analysis

  • Work on Liquidity Study for select larger portfolios on Ad hoc basis.


Market Summaries

  • Morning Notes, Delivery Data Analysis, F&O Cues, Evening Notes.


Notable Executions

  • PM Specific Execution Report, SOI Reports.


Flows

  • Help Traders manage daily phone calls on flows.


Co-ordinate

  • Co-ordinate with GTS team on Trade settlements, COAC team on any corporate actions like Buy Back, Rights issue etc.

  • Closely work with Global Trading Analytics team to simplify, streamline reports for improving efficiency, maximize usage of data, consistency across reports and better decision making.


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

  • Master\xe2\x80\x99s Graduate or MBA

  • 0-3 Years of Industry experience.

  • Good knowledge on Capital Markets and Quantitative modelling.

  • Good understanding of statistical models like T-test, Factor analysis, Time-Series analysis

  • Understanding OProgramming language used.

  • Knowledge on Data collection and database

  • Exposure to risk management tools preferably

  • Effective verbal and written skills

  • Ability to meet deadlines.

  • Should identify and interpret trends.


Key Programming skills Preferred.

  • Python

  • Statistical Analysis

  • Database, SQL.

  • Bloomberg


Work Shift Timings: 8:00AM - 5:00PM IST



Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there\xe2\x80\x99s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.


Hear more from our employees




By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life\xe2\x80\x99s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

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\xe2\x80\x99s dependents (spouses, children and dependent parents)

  • Life insurance for protection of employees\xe2\x80\x99 families

  • Personal accident insurance for protection of employees and their families

  • Personal loan assistance

  • Employee Stock Investment Plan (ESIP)

  • 12 weeks Paternity leave

  • 2 offices in Chennai.

  • Good Sheppard House Office located near Valluvar Kottam, Kodambakkam.

  • Century Centre office located at the heart of the city.

  • Walking distance of 500 meters from Western/Central railway station, accessible by road and local rail from all parts of the city

  • Rewards and Recognition Program.

  • Volunteer services and paid time off for volunteering.



Learn more about the wide range of benefits we offer at Franklin Templeton

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

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

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Job Detail

  • Job Id
    JD3233991
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year