Risk Analyst (Putnam)

Franklin Templeton•Boston, MA

4d•Onsite

About The Position

Putnam Investments, a Specialist Investment Manager (SIM) 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. Our approach — stock-driven rather than style-driven — is designed to produce consistent outperformance, regardless of the market environment. As of December 31st, 2025, the firm managed over $162 billion in assets under management in strategies covering the style, geography, and capitalization spectrum, as well as sustainable solutions. We offer these strategies in a number of vehicles to meet the investment needs of our global clients and investors. Available vehicles include mutual funds, institutional separate accounts, SMA/model portfolios, ETFs, CITs and UCITS. 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.

Requirements

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 analyse large datasets and translate outputs into actionable insights
Strong quantitative and problem-solving skills
Team player; willingness to work hard and contribute to achievement of team goals

Nice To Haves

Proficiency in SQL, R, and Python strongly preferred
Familiarity with risk systems (e.g., Aladdin, Barra, Axioma) and portfolio optimization preferred

Responsibilities

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

Benefits

annual discretionary bonus
401(k) plan with a generous match
recognition rewards
comprehensive benefits package
range of competitive healthcare options
insurance
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)
motivational wellbeing program
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