Franklin Templeton - Manager - Valuation

Valuation Manager

At Franklin Templeton, we're 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's 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' achievements.

Firm Overview:

- Benefit Street Partners ("BSP") is a leading credit-focused alternative asset management firm with approximately $76 billion in assets under management. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt.

- BSP is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. Together we are dedicated to delivering strong results and exceptional service to clients, team members and business partners. For over 65 years, Franklin Templeton's 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.

Position Overview:

- The Valuation Professional will be part of a global team supporting Benefit Street Partners - Alcentra's monthly and quarterly valuation processes, including liaising with 3rd party valuation firms, investment and finance teams, and auditors, organizing these groups to meet desired deliverable timelines.

- An ability to manage multiple tasks while working under strict time deadlines is essential.

- This role will focus primarily on Private Debt, CLO, and Distressed and Special Situations investments.

- The ideal candidate will have a mix of finance/accounting, experience in managing and strong analytical and communication skills. This individual will collaborate with colleagues across the front, middle and back office, and will report to a VP of Finance out of the Boston office.

Responsibilities:

Responsibilities include but are not limited to:

- Facilitate monthly and quarterly Valuation Processes covering a variety of credit strategies and asset types across hundreds of borrowers/issuers

- Leverage and continue to develop a deep technical strength in the valuation of alternative assets, serving as a firm resource for that expertise and sharing that knowledge throughout Benefit Street Partners - Alcentra

- Recommend and/or and challenge methodologies and assumptions for existing investments utilizing technical knowledge

- Collaborate with investment teams to understand new investments and deal origination assumptions

- Create summary materials and present to valuation committees for review and approval of significant changes/events, valuation and market trends, and key judgments

- Coordinate with third party valuation firms and deal teams to create accurate, timely valuations

- Prepare documentation in support of compliance with SOX and external audit requirements

- Work with the Global Valuation Specialist to drive enhancements and improvements to the overall valuations and reporting processes, procedures, use of internal resources, and technology

Qualifications:

The successful candidate will ideally possess:

- Minimum of 7 years of experience working in financial services

- Experience reviewing and building valuation models (DCF, Comparable Multiple, and Option Pricing Models)

- Knowledge of capital markets/ illiquid valuations

- Demonstrated technical, analytical, and problem-solving skills, including streamlining processes

- Ability to complete multiple tasks under the pressure of tight deadlines, and review/ apply modeling techniques to complex scenarios

- Comfort managing the valuation process across a large quantity of diverse investments in parallel

- Confidence presenting valuation methodologies and assumptions to senior management concisely and clearly

- Understanding of Alternative Investment strategies and products

- Strong functional background working with Excel. Familiarity with Capital IQ and Bloomberg a plus

- Finance, Valuation, or Investment Banking training program preferred

- CFA professional designation or working towards, a plus