Compliance Officer

at  Franklin Templeton Asset Management

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 across asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams located around the globe bring broad and unique expertise. 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!

We are looking for a Compliance Officer to join our Financial Crime Team. This position can be based in Singapore, Malaysia or Hong Kong.
The Financial Crime Compliance team is part of the Global Compliance department. 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.
Franklin Templeton is firmly committed to international efforts to combat money laundering and the funding of terrorist and criminal activities. We make every effort to remain in full compliance with all applicable anti-money laundering (“AML”) and anti-terrorist financing (“ATF”) laws, rules and standards adopted in the jurisdictions in which we do business. The Financial Crime Compliance team addresses Anti-Money Laundering, Anti-Corruption, and Sanctions risks.
The Compliance Officer is responsible under the direct supervision of his or her manager, for all aspects of financial crime matters and projects, focusing on our Asia business. He/she will independently perform compliance monitoring activities and perform other ongoing responsibilities described below.

WHAT QUALIFICATIONS, SKILLS AND EXPERIENCE WOULD HELP SOMEONE TO BE SUCCESSFUL?

• At least 7 years of relevant experience, preferably at a large financial institution with relevant experience in asset management or international fund distribution
• Significant AML, Sanction, and Anti-Corruption experience required (at least 7 years of experience)
• Strong knowledge of local Asian AML, Sanction and Anti-Corruption regulatory requirements (i.e., MAS, SFC, etc.) and an ability to translate them into operational/process requirements.
• Ability to understand and assess complex products, services, and clients
• Strong project management and client-facing skills
• Able to work independently and collaboratively as part of a global Compliance team
• Strong analytical and problem-solving skills and the ability to provide viable solutions in a time-sensitive environment
• Fluency in English required
• Proficient in MS Office applications such as Word, Excel, Powerpoint
• Potential travel within Asia

EXPERIENCE OUR WELCOMING CULTURE AND REACH YOUR PROFESSIONAL AND PERSONAL POTENTIAL!

Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life. Hear more from our employees.
By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered. Learn more about the wide range of benefits we offer at Franklin Templeton.
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing 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.
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. In your email, please include the accommodation you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.
We regret that only short-listed candidates will be notified.

• Assist with the design and monitoring of AML, sanctions and ABC policies and procedures within Asia
• Provide guidance and direction to business and compliance colleague on issues related to AML, sanctions, and Anti-Corruption laws and regulations, and related company policies
• Support the designated AML Officer or MLROs for Asian based companies and funds
• Work with the Financial Crime Compliance team to perform basic and enhanced due diligence, including AML, KYC, Anti-Corruption, PEP, Sanction, and Negative News screening on new and existing relationships
• Assess financial crime risk for new products, investments, processes, vendors, and systems
• Work with business to request additional information from relationships (i.e., intermediaries/distributors, minority interest investments, clients, vendors) for escalated incidents
• Work with Financial Crime Compliance team to conduct annual AML risk assessments of local Asian companies
• Serve as point of escalation and provide support in connection with onboarding and ongoing due diligence matters related to clients, third-parties, investments
• Participate in initial and ongoing due diligence as it relates to financial crime risk of vendors and outsourced providers
• Advise on issues related to complex structures and higher risk customers
• Identify gaps and enhancements based on regulatory updates and recent sanctions, orders and fine
• Identify and coordinate suspicious activity reporting
• Liaise with the Business, Legal, Transfer Agent, Depositary bank and other key stakeholders
• Assist with the development of training for local staff
• Work with local AML Officer or MLROS to respond to regulatory surveys, inquiries or reviews
• Liaise with internal and external auditors
• Participate in Financial Crime related projects and initiatives for overall efficiency