Franklin Templeton is hiring: Product Manager - US Product in New York

At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic 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 provide opportunities to help you reach your potential while helping our clients reach theirs.

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

The Franklin Templeton US Product & Specialty Sales team is seeking an exceptional candidate to join the team as a Product Manager. This solution-oriented individual will contribute to the growth of Franklin Templeton’s US product lineup by leading a broad set of activities across Sales, Product and other various teams across Franklin Templeton.

US Product Management, Governance and Implementation serves as product subject matter experts within US Distribution, demonstrating a deep understanding of the assigned product range, firm's overall investment capabilities and specific products. The team manages the lifecycle of the US product lineup ensuring success through competitive, profitable, and complete product solutions that meet client expectations and deliver on objectives and outcomes.

What is the Product Manager responsible for?

This role collaborates across Sales, Product, and other business units, overseeing the lifecycle of retail products, especially mutual and insurance variable funds. Responsibilities include identifying product and capability gaps, developing recommendations for new and existing products, managing product positioning, and monitoring market trends and pricing.

What are the ongoing responsibilities of a Product Manager?

Product Range Management

• Partner with investment teams and US Distribution to assess and communicate current and emerging regulatory and market trends and determine potential implications to products within assigned product range
• Collaborate with US Product Strategy and others within Franklin Templeton to identify gaps within the existing product range and contribute to the development of the product management roadmap, ensuring it meets both current market demands and long-term strategic goals
• Work with US Product, investment teams and others in US Distribution to ensure timely and successful delivery of US Distribution’s product strategy, including rationalization

Product Structuring & Pricing

• Apply product and investment expertise of assigned product range and regulatory regime to identify product gaps and recommend proposals to modify product features and pricing, and/or to merge or liquidate products.
• Gather feedback and input from US Distribution and internal partners, including legal, compliance, finance and investment management to develop product proposals.
• Routinely review pricing for assigned product range, including as part of the annual 15c contract renewal process, to ensure that products remain competitively priced while providing acceptable profitability levels to Franklin Templeton

Product Positioning & Sales Support

• Analyze product characteristics and industry data to develop cross investment team product positioning including data-driven proof points, market trends, and product attributes, driven by and in collaboration with investment teams for assigned product range
• Articulate product positioning relative to competitors to internal partners within Sales, Marketing and Training
• Support US Distribution by researching and providing answers to questions related to product management lifecycle for assigned product range (e.g., pricing, timing of product changes, launches, mergers, and closures).

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

• Bachelor’s degree required; CFA or MBA preferred.
• 8-10 years’ experience in product management/investment specialist roles within financial services.
• Series 7 required; strong understanding of the 1940 Act and US retail market.
• Skilled in analyzing industry data (e.g., Morningstar Direct, SimFund, Lipper).
• Strong knowledge of markets, products and investment/portfolio management processes
• Excellent analytical and problem-solving skills
• Comprehensive understanding and a desire to maintain expert knowledge of industry developments, regulatory and market trends, pricing, products & techniques
• Ability to efficiently leverage Microsoft Excel and PowerPoint to create high caliber presentations
• Excellent interpersonal and communication skills, both written and verbal
• Highly motivated self-starter with attention to detail and ability to manage multiple projects.

Key Responsibilities:

• Assess regulatory and market trends with investment teams to guide product range decisions.
• Identify and address product gaps in coordination with US Product Strategy.
• Ensure effective delivery of product strategy within US Distribution.
• Recommend product modifications, mergers, or liquidations based on expertise and internal feedback.
• Monitor and review product pricing for competitiveness and profitability.
• Develop product positioning using industry data and collaborate with various teams.
• Provide sales support by addressing product management queries.

Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary—as designed to support well-being and recognize 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 a comprehensive benefits package, including healthcare options, insurance, and disability benefits. The salary range for this position is approximately $130,000–$170,000, plus discretionary bonus, depending on location and experience.

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. 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. 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 pre-tax and/or Roth contributions, up to 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

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 law. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please email accommodations@franklintempleton.com with details about the accommodation or adjustment, the job title, and the job number. 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.