Senior Compliance Analyst - Trading

  • Competitive
  • Short Hills, NJ, USA
  • Permanent, Full time
  • Franklin Templeton Investments
  • 20 Oct 17 2017-10-20

Senior Compliance Analyst - Trading

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. We're currently looking for qualified candidates to join our team.

Investment Compliance is a front office team which provides compliance services to Investment Management. This is a highly challenging and dynamic role in support of investment management mandates across both equities and fixed income security types. The position will work directly with the investment and trading team in a highly complex global regulatory framework. This position is located in Short Hills, New Jersey and will oversee the compliance activities for funds managed by Franklin Mutual Advisers and K2 Advisors.

The Senior Compliance Analyst represents the Investment Compliance (IC) department and is the primary point of contact with investment management, including portfolio management and trading desk, as well as internal and external customers. The Senior Analyst actively monitors all funds, trades and accounts to ensure compliance with their respective investment guidelines, regulatory requirements and internal controls. Completes and validates compliance for the firm's board of directors and client certifications. Demonstrates thorough knowledge of Investment Adviser (IA) Policies and Procedures, coordinates and conducts testing outlined in the IA program. Coordinates supervisory support with other locations globally. Additional responsibilities include training, developing and supporting internal departments to ensure processes and controls are understood, documented, robust, and adhered to accordingly. Actively participates in and leads efforts to expand and strengthen the advisor's capabilities in a continuous effort to maintain consistent repeatable processes in an effort to mitigate risk for clients and the firm.

Responsibilities include:

Portfolio Compliance

  • Perform daily portfolio compliance functions as outlined in the Charles River Desktop procedures.
  • Initiate appropriate notification protocol to Senior Management personnel for account breaches, investment restrictions and limits and any/all FTI P&P issues or infractions.
  • Establish periodic review schedules for funds and accounts based on risk assessment
  • Review and approve completed compliance analysis for reviews of prospectuses and other investment management agreements
  • Coordinate and review new account set up (rule writing, testing, data requirement coordination and movement to production)
  • Coordinate and conduct on-going IA testing as related to portfolio compliance
  • All daily TDC functions
  • Continuously evaluate the robustness of control measures and ensure consistent repeatable processes remain intact across all IC locations
  • Ensure compliance for all funds and accounts as mandated in governing documents.
  • Assess the effectiveness of IA policies and procedures and work with IC supervisors to create desktop procedures as warranted.
  • Conduct, guide, review and direct mandated IA testing for IC's policies and procedures
  • Ensure all tasks and responsibilities are completed and submitted accurately and within the requested timeframes
Management Reports
  • Review, approve and ensure all back-end and manual review documentation is stored in the appropriate Document Repository database.
  • Coordinate and submit relevant board reports and client certifications
  • Oversee and manage compliance audit request
Relationship Management:
  • Establish and maintain working relationships with business unit heads and their functional leaders
  • Ensure known issues get resolved
  • Represent IC and serve in various capacities to communicate priority and provide knowledge base as a subject matter expert
  • Facilitate and coordinate the participation of N1A and client due diligence meetings.
  • Identify and implement appropriate compliance training

Ideal candidates will have:
  • Minimum 5-7 years of experience with a mutual fund complex or investment advisory firm, at least 3+ years within a compliance department. (May consider min. 3 years of experience if experience is applicable.)
  • BS/BA undergraduate degree.
  • Knowledge of investment management industry.
  • In depth understanding and strong working knowledge of applicable local securities legislation and fundamental understanding of applicable legislation in other regions in which the firm operates (i.e. Securities Act of 1933 & 1934, Investment Company Act of 1940 and Investment Advisers Act of 1940 for US, Pension Benefits Act and National Instrument 81-102 for Canada, UCITS for Europe).
  • In depth understanding and strong working knowledge of applicable SEC rules and regulations impacting domestic Investment Advisers (Securities Act of 1933 & 1934, Investment Company Act of 1940 and Investment Advisers Act of 1940).
  • Understanding and working knowledge of applicable rules and regulations of international investment advisers located in Canada, Europe and Asia (Pension Benefits Act and National Instrument 81-102, UCITS III).
  • Strong analytical skills, ability to troubleshoot issues quickly and provide timely responses.
  • Highly motivated, independent and dedicated.
  • Able to partner with other supervisors/project managers to accomplish common goals.
  • Solid MS Office capabilities.
  • Strong attention to detail and accuracy.
  • Effective written and oral communication and presentation skills.
  • Interact on real-time basis with portfolio managers in active trading environment.
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.

Highlights of our benefits include:

* Three weeks paid time off the first year
* Medical, dental and vision insurance
* 401(k) Retirement Plan with 75% company match, up to the IRS limits
* Employee Stock Investment Program
* Tuition Assistance Program
* Purchase of company funds with no sales charge

Franklin Templeton Investments is an Equal Opportunity Employer. We invite you to visit us at to learn more about our company and our career opportunities.