Franklin Resources, Inc. [NYSE:BEN], Franklin Templeton Investments is a leading global investment management organization due to the efforts of our greatest assets - our employees. We have over 9,000 employees working in 60 offices around the world, servicing investment solutions for our clients in more than 150 countries. We believe in our corporate values of putting clients first, building relationships, achieving quality results, and working with integrity. Our people are dedicated to delivering strong results and exceptional service to clients, team members and business partners.
For more than 65 years, our success has been a direct result of the talent, skills and persistence of our people.
Senior Portfolio Compliance Analyst
This role monitors compliance with investment restrictions stipulated by a variety of sources including but not limited to Franklin Templeton Internal Policies, fund documentation, client account guidelines, and regulatory requirements.
As part of this effort, the analyst implements, maintains and continuously improves controls to prevent and detect non-compliance with the aforementioned guidelines. This role provides guidance, instruction, and direction to compliance analysts globally for the purpose of implementing and maintaining effective and efficient controls to support the efforts of Portfolio / Trading to comply with regulatory requirements, client mandates and internal controls. You will represent the team to Global Investment Adviser Compliance (GIAC) Management, makes decisions in the absence of consensus, resolves conflicts between team members and coordinates team efforts. This role will also provide quality control support to the Supervisor by reviewing the results of the testing completed by compliance analysts.
This role takes a lead role in projects and GIAC self-improvement efforts, independently representing the team in efforts involving other business units within the organization. As a project lead, you will actively research and propose solutions to complex issues with a focus on leveraging technology. You may also provide operational support to other Global Investment Adviser Compliance locations as required and instructed by GIAC Management.
Perform daily compliance processes outlined in Portfolio compliance Charles River procedures, using Charles River and various data management programs on a pre trade and batch basis. This includes, but is not limited to:
Pre-trade: review, research and close pre-trade alerts. Review relevant restrictions and pre-clear accounts for eligible to participate in IPO and inter-account transactions follow the process outlined in the Trade Error policy when applicable.
Batch; review and research compliance alerts, warnings and data exceptions. Perform required manual calculations and escalate the appropriate notification protocol to GIAC management and investment management personnel of any potential violations
Provide guidance, instruction, and direction to compliance analysts globally for the purpose of implementing and maintaining effective and efficient controls to support the efforts of Portfolio / Trading to comply with regulatory requirements, client mandates and internal controls.
Perform detailed compliance analysis of all rules in Charles River. Review prospectuses and other investment management agreements and validate the revised restrictions are updated in the Charles River System. Perform manual calculations required to ensure compliance. Assist with the set up of new accounts
Special projects as assigned by supervisor(s), including the coordination/facilitation of audit request, data management, training, and system applications and processes for all GIAC locations. Collaborate with GIAC to establish sound preventive, detective and corrective measurements.
Review and assess existing manual and automated processes in an effort to maximize the potential while mitigating risk and maintain the same level of integrity.
Investment Adviser Compliance Testing: (1) Review policies and procedures owned by GIAC and assess effectiveness. (2) Test policies and procedures in an effort to increase efficiencies and mitigate potential risk.
Ideal candidates will have:
Bachelor's degree - finance, economics, business administration or equivalent experience
4-6 years of mutual fund compliance experience
Experience with Charles River Compliance system
CFA is desirable
Advance analytical skills with the ability to resolve simple and complex issues quickly and accurately
Advanced Microsoft Excel skills (proficient in formulas, functions, charts, macros)
Strong oral and written communication, including ability to clearly formulate positions on issues and articulate solutions
Strong interpersonal and negotiation skills
Ability to perform multiple tasks in a fast paced, continually changing environment
Ability to exercise independent judgment consistent with department guidelines
Ability to independently solve complex problems and develop solutions to resolve problems
In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.
Please apply via the below website with full resume, including present and expected salaries and notice period.