At Franklin Templeton, everything we do is focused on one thing – delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 9,500 employees working in 30 countries around the world are dedicated to servicing investment solutions for our clients in more than 155 countries.
For more than 75 years our success has been a direct result of the talent, skills and persistence of our people, and we are looking for a qualified candidate to join our Manco FTIS in Luxembourg.
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.
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
- 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
- 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 with key business stakeholders and the ability to influence and build strong working relationships in a global multicultural environment
- Very well-organized self-starter, working independently and able to prioritize and manage several projects/assignments at a time
- Fluency in English. French would be a great plus - any other language would be a considered an asset
- Proficient in MS Office applications such as Word, Excel, Powerpoint
