Compliance Officer
Franklin Templeton · Melbourne
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.
We are seeking a dynamic and high-performing Compliance Officer to join our Regulatory Compliance team in Melbourne. The role serves as the subject matter expert and owner of key compliance functions, including regulatory filings, marketing material reviews, regulatory engagement, and corporate governance activities.
The successful candidate will possess a strong understanding of applicable laws, regulations, and industry best practices, and will provide practical compliance guidance to support business objectives while ensuring regulatory adherence.
Reporting to the Head of Compliance & Risk Management, Australia, the role partners closely with business leaders and key stakeholders across Distribution, Portfolio Management, Ops, Legal, and other functions to identify, assess, and mitigate regulatory risks. The individual will also act as a trusted advisor to the business and may serve as a point of contact with local regulators and industry bodies.
The role will support the Compliance team's strategic objectives and participate in a variety of projects and initiatives, providing proactive compliance advice and helping the business navigate an evolving regulatory environment.
How you will add value?
Stay up to date on all Australian financial services regulations, Australian Corporations Act, AFSL, Risk Management, Breach Reporting, Privacy, AML/CTF, Internal Dispute Resolution
Develop, implement, and maintain the compliance framework and compliance policies, procedures, and controls to ensure adherence to these regulations
Establish and maintain a compliance monitoring program to assess the effectiveness of compliance controls and systems and ensure all record management systems are kept.
Manage relationship with the Regulator - Prepare and submit regular reports on risk and compliance to regulators, and licensing authorities as required.
Membership or presentation or minutes to the governance committees such as Compliance Committee, Risk Management Committee, Board, as applicable/ required
Liaise with the Legal Department on the interpretation of regulations and with the other relevant departments on implementation of regulations.
Business advice and support - Partner with departments on business initiatives. Provide advice to management and staff on laws, regulations and industry best practices
Product related support – Advice and support product launches, review marketing materials and financial promotions, PDS updates etc to ensure adherence to applicable regulatory requirements and industry best practice
Provide compliance training to all employees to ensure an understanding of the Australian regulatory landscape and the importance of compliance.
Coordinate with internal and external auditors.
Manage a robust breach reporting system and complaints reporting and process, ensuring timely and accurate reporting to relevant authorities. Coordinate internal investigations into compliance issues.
Implement and maintain the company's risk management framework - Identify and assess enterprise and operational risks specific to the Australian business, and develop strategies to mitigate them, conduct internal risk assessments and monitor key risk indicators.
Build industry networks through participating in Industry Associations and Forums.
Develop and deliver compliance training programs to promote employee awareness and understanding of local regulatory requirements and global policies.
Support organizational change initiatives by embedding compliance considerations into business transformation activities, ensuring risks are identified and managed effectively.
Provide compliance support to Franklin Templeton and its Australian group entities, including Western Asset, on the activities outlined above and other matters as required.
Lead and contribute to projects and other ad hoc initiatives as required.
What will help you be successful in this role?
Education, Experience & Certifications:
Bachelor's degree in Law, Economics, Business, Commerce, Finance, or a related discipline preferred.
Minimum 8 years' experience in risk management and compliance within the financial services industry.
Experience within asset management is strongly preferred; exposure to ETFs, alternative investments, and institutional business models would be advantageous.
Experience working closely with Australian regulatory bodies, including ASIC, AUSTRAC, and AFCA.
Proven track record of successfully delivering risk transformation and compliance initiatives.
Experience developing and implementing risk and compliance frameworks across multiple business lines is preferred.
Technical Knowledge:
Strong technical knowledge of risk management principles, frameworks, and governance practices.
Sound understanding of Australian financial services regulations and regulatory obligations.
Experience establishing, implementing, and enhancing risk and compliance frameworks and controls.
Knowledge of regulators, regulatory frameworks, and legal regimes across major Asia-Pacific markets would be advantageous.
Exposure to emerging technologies and evolving industry trends, including Artificial Intelligence (AI), Blockchain, Digital Assets, and alternative investment products and strategies, is preferred.
Ability to assess regulatory developments and translate requirements into practical business solutions.
Professional Attributes:
Exceptional stakeholder management and communication skills, with the ability to engage and influence stakeholders at all levels.
Strong analytical and problem-solving capabilities, with sound judgement and decision-making skills.
High attention to detail, with the ability to implement systems, enhance controls, and drive continuous process improvement.
Proactive and forward-thinking mindset, with the ability to quickly understand new business areas and adapt to a changing regulatory environment.
Strong organisational and execution skills, with the ability to manage multiple priorities and deliver results effectively.
Demonstrated curiosity and willingness to leverage innovative tools and technologies to support business growth and operational efficiency
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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.
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