Regulatory Affairs Officer

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients’ success.

The Regulatory Affairs Officer will help ensure compliance with fast-changing US rules and regulations, including advising on potential strategic impact and coordinating internal groups to implement changes and ensure proper internal controls. We rely on building strong relationships with other internal teams, and value a diplomatic approach to addressing legal issues and compliance. 

• On real-time basis, monitors US regulatory environment, including SEC proposals and industry news; assesses potential impact on global firm; drafts summaries for internal and potentially external purposes; advise on strategic implication of new and changing policies and regulations; and assists with developing and implementing strategies to address.
• Drafts and manages discussions on policy and procedure changes for regulatory rules; drafts real-time updates to Compliance Manual; and reviews and proposes necessary changes to Compliance Manual policies on at least annual basis.
• Drafts internal alerts on key regulatory changes and assists with training activities.
• Oversees compliance testing, including for thematic issues, and drafts reports for senior management on findings.
• Collaborates with Legal, Client Service, Enterprise Risk, Investment Management and other internal groups to ensure readiness for new rules and regulations, as well as for ad-hoc requests.
• Develops and maintains professional relationships in federal, state and local regulatory agencies, and with industry groups.
• Performs special projects for Legal and Compliance team, as needed.

What will help you be successful in this role

• A minimum of 7 plus years of legal or compliance experience

• Five plus years of financial industry experience. Experience with U.S. regulatory rule making agency or financial services trade organization a plus.
• General Fixed-income background
• Knowledge of applicable regulations, and ability to stay current on regulations in fast-moving regulatory environment.
• Knowledge of compliance systems, policies and procedures.
• Experience interpreting and assessing impact of regulatory proposals and legal documents. 
• Good organizational skills, fast learner, with the ability to self-start, multitask, and prioritize. 
• Eye for detail and eager to play a part in the broader legal and compliance function.
• Strong analytical and problem-solving skills.
• Client oriented and ability to interact with staff members of all levels
• Team player, keen to learn from others and energized by continued professional development. 
• Service-oriented attitude, with ability to provide timely responses to business requests.

• This role will work a hybrid schedule in our Pasadena office, 4 days/week

Franklin Templeton offers employees a competitive and valuable range of total rewards – monetary and non-monetary – designed to support their well-being and recognize their 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 recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the annual salary for this position to range between $128,000 – $150,000, depending on location and level of relevant experience, plus discretionary bonus.

#MID_SENIOR_LEVEL

At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That’s why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.

- Paid Time Off: Three weeks of PTO in your first year

- Health Coverage: Competitive medical, dental, and vision insurance to support your well-being

- Retirement Savings: 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits

- Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities

- Learning Education Assistance Program (LEAP): To support your ongoing growth and career advancement

- Employee Investment Benefits: Opportunity to purchase company funds with no sales charge

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 federal, state, or local law, ordinance, or regulation.