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.

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

Putnam Investments, a Specialist Investment Manager (SIM) of Franklin Templeton, is a diversified, equity-only 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 31, 2024, the firm managed over $121 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.

The Opportunity

The equity associate healthcare specialist is an integral member of the healthcare team, working alongside the biotech and pharmaceutical analysts in a supporting role researching specific companies, diseases, and therapeutic markets. The healthcare specialist provides a deep medical understanding of relevant diseases and therapeutic markets, providing key insights for the greater than $2B in healthcare assets under management as of December 31, 2024. The first two years will be in an apprenticeship-type role supporting analyst workflow with the opportunity for individual stock work thereafter.

The ideal candidate will have a MD, PhD or MD/PhD, which is required, and completion, or work towards completion, of residency and/or fellowship training.

Responsibilities:

Build and leverage industry expertise – perform deep analysis on companies, diseases, and therapeutic markets. Attend medical conferences and other industry conferences to gain insights, while staying up to date on evolving trends, clinical studies, and thought leader perspectives.

Build detailed therapeutic models – Build therapeutic market models in relevant areas, including detailed analysis of drugs on the market and in development.

Communicate effectively to drive impact – Articulate clearly both in written and verbal form within the healthcare team.

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

BA/BS in addition to "MD, PhD or MD/PhD REQUIRED". Preference for completion, or work towards completion, of residency and/or fellowship training.

Self-driven individuals who thrive in an autonomous environment and are excited about the opportunity to make a meaningful impact as a fiduciary to Putnam’s shareholders, will do best.

Strong work ethic coupled with the desire to win.

Ability to learn quickly and to effectively convey conclusions.

Team player; additive to overall process with positive attitude, leadership by example, and active involvement at all levels to advance the investment dialogue.

Compensation Range: Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. The salary, benefits and variable rewards will reflect the seniority of the position and a competitive market rate. We expect the annual salary for this position to range between $100,000.00 to $150,000.00 USD, plus a competitive bonus potential.

When applying, please be sure to attach your resume / CV. Applications without a resume file attachment will not be reviewed.

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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’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.

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’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 a generous company match on your pre-tax and/or Roth contributions, up to the IRS limits

Employee Stock Investment Program

Reimbursement for certain education expenses 

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 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 or adjustment 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 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.