Risk Analyst (Putnam)

Risk Analyst

Putnam Investments, an investment management group of Franklin Templeton, is a diversified, equity asset manager with roots dating back to 1937. We manage a range of active equity portfolios with a focus on stock-specific opportunities. As of December 31st, 2025, the firm managed over $162 billion in assets under management.

We are seeking an experienced Risk Analyst to join our Investment Risk Group. The Investment Risk Group sits within the Investment Division and collaborates closely with the investment team providing analytical support for the Risk Management and Investment Management process. The successful candidate will measure and develop market risk analytics with the position playing an instrumental role in supporting the risk governance process for senior investment professionals. The individual will work closely with risk managers, quantitative analysts, portfolio managers, and technology support team members. The successful candidate will utilize superior technical and problem-solving skills along with knowledge of the risk model development process to assist in portfolio construction and risk-related research on behalf of the investment teams, to enhance the active risk management process.

What the Risk Analyst is Responsible For

• Monitor and assess investment risks across portfolios
• Produce and present risk reports and insights to investment teams in portfolio reviews. Provide recommendations, if required
• Conduct stress testing and scenario analysis to evaluate portfolio resilience under different market conditions
• Review and challenge portfolio construction and investment decisions from a risk perspective
• Provide computational analysis to support the risk management process including a solid understanding of linear factor models and its application in portfolio risk management
• Contribute to the development and enhancement of risk models, frameworks and tools
• Collaborate with technology and data teams to improve risk infrastructure and reporting automation

Ideal Qualifications, Skills & Experience

• BA, BS, or MS in finance, mathematics, statistics, econometrics, or similar quantitative field
• Minimum of 5 years of relevant experience in investments or investment risk within asset management
• Strong communication skills with the ability to challenge constructively and influence stakeholders
• Ability to analyze large datasets and translate outputs into actionable insights
• Strong quantitative and problem-solving skills
• Proficiency in SQL, R, and Python strongly preferred
• Familiarity with risk systems (e.g., Aladdin, Barra, Axioma) and portfolio optimization preferred
• Team player; willingness to work hard and contribute to achievement of team goals

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 base salary for this position to range between $150,000 - $200,000, depending on level of relevant experience, plus discretionary bonus.

Experience Our Welcoming Culture and Reach Your Professional and Personal Potential

Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Regardless of your interests, lifestyle, or background, there's 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.

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's adventures, taking care of your family members, or making a positive impact in your community, we aim to have your needs covered. Learn more about the wide range of benefits we offer at Franklin Templeton.

Highlights of our benefits include:

• Three weeks paid time off the first year
• Medical, dental and vision insurance
• 401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limits
• Employee Stock Investment Program
• Tuition Assistance Program
• Purchase of company funds with no sales charge
• Onsite fitness center and recreation center*
• Onsite cafeteria*

*Only applicable at certain locations

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 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. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to View email address on click.appcast.io. In your email, please include the accommodation or adjustment 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.