Senior Compliance Officer

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 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 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
- Franklin Resources, Inc.is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in equity, fixed income, alternatives, and multi-asset solutions. With more than
- 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience. Our success has been a direct result of the talent, skills and persistence of our people, and we are looking for Senior Compliance Officer based in Luxembourg.
- What is Global Compliance Team responsible for?
- The Global Compliance has more than 100 compliance professionals located in in various countries worldwide. Our team helps mitigate compliance risks facing the company, including material loss, financial loss, or loss of reputation, as well as the possibility of regulatory sanctions that Franklin Templeton may suffer as a result of its failure to comply with laws, regulations, rules, industry standards and codes of conduct applicable to its activities.
- The Senior Compliance Officer role serves as either the designated Compliance Officer for an entity and/or country which involves complex products, multiple business lines/licenses, and/or cross-jurisdictional functions; and/or the primary point of contact providing strategic leadership for one or more critical compliance functions. This role requires an extensive understanding of applicable rules/regulations, a deep understanding of Franklin Templeton's business, and the ability to identify opportunities to integrate local processes into global
- processes when feasible. Scope: This role requires significant independence and judgment, and drives compliance decisions and practices of the department and junior compliance staff. If the individual serves as the named Compliance Officer for a regulated entity, it carries a level of risk for the individual given the regulatory requirements of a Compliance Officer
- What are the ongoing responsibilities of Senior Compliance Officer?- Being a key part of the EMEA Compliance Team, providing advisory support to business departments and Senior Management, with specific focus on Luxembourg and its European branches-
- Maintaining the compliance framework for the Luxembourg entity, and supporting its European branches-
- Overseeing compliance monitoring activities performed and conducting desk-based monitoring to provide assurance of compliance with applicable laws, regulation, best practice and firm standards-
- Develop appropriate management information for Senior Management, Fund Boards, Committees, Working Groups-
- Liaise with legal and internal audit on control issues-
- Working actively on new regulatory developments across EMEA by monitoring regulation, preparing impact assessments, advising and supporting the business-
- Participating in regulatory implementation projects-
- Working closely with departments in and outside of Luxembourg in particular the Conducting Officers, Risk Management, Internal Audit, the EMEA Investment Management Oversight, Fund Accounting, TA Oversight, Legal, Sales, Product Management and Global Compliance departments-
- Participating in international compliance initiatives- What qualifications, skills and experience would help someone to be successful?- University degree in Economics, Finance or Law-
- 7-10 years experience in a compliance role within the asset management industry preferably gained in Luxembourg-
- Excellent knowledge of the Luxembourg regulatory environment for investment funds & firms as well as relevant European regulation in particular UCITS, AIFMD, MiFID-
- Good knowledge on Luxembourg and EU regulations governing alternative products, operational risks, digital investments, market abuse and sustainable investments-
- Strong analytical and problem-solving skills with attention to detail-
- Strong and effective communicator - both verbally and in writing-
- Strong team player-
- Collaborative approach to working wi