At Franklin Templeton, we’re driving 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 offer opportunities not only to help you reach your potential but also to contribute to our clients’ achievements.

Come join us in delivering better outcomes for our clients around the world!

Department Title: Undergrad Intern – Global Compliance  

Location: The intern candidate must be able to commute into the New York City office on a weekly basis.  

Position Summary: 

The Franklin Templeton Global Compliance team provides oversight and guidance to the regulated entities within the organization to ensure they adhere to rules, regulations and internal policies and procedures.

Compliance is a perfect way to get into the finance industry and understand how the business works! Regulatory obligations and rules influence business operations and provides an excellent learning opportunity. Additionally, the position will give you the opportunity to interact with Senior Leaders. As a member of our team, you will:

• Have the opportunity to excel interpersonal skills, as the role involves a great deal of internal communication with various stakeholders.
• Learn how each individual’s contributions and role as team member contributes to individual and company success.
• Improve your ability to think logically and see the bigger picture of an organization.

Team Culture:

As a team, we are aligned on purpose, values, behaviors, and working practices while also celebrating who we are as individuals. Each member of the team contributes their fair share of the workload and fully understands what their responsibilities are. The team communicates openly with each other, sharing their thoughts, opinions, and ideas with members of their team. Our team’s ethic is largely accountable for the success and smooth running of the organization.

A Global Compliance intern can expect to learn:

• The process of compliance with BSA AML regulatory requirements related to KYC (Know Your Client) and Due Diligence.
• How Compliance closely interacts with Legal, Operations, Technology, Risk, Audit, as well as the Business. 
• A strong risk mindset, problem solving and/or conflict management skills.

Key Responsibilities Can Include:

The Compliance Intern will be responsible for supporting the Compliance Department in the completion of various initiatives related to KYC (Know Your Client). This includes:

• Perform due diligence on new and existing clients.
• Review KYC forms and supporting documentation on imaging system.
• Participate in KYC and transaction monitoring reviews.
• Participate in remediation and streamline initiatives.
• Perform one-time RDC negative news and PEP screening as part of a periodic review and remediation project.
• Review and escalate potential valid alerts to Compliance Officer for review.
• Document the review and decision-making process

Ideal Qualifications:

• Junior or Senior level university student
• An overall cumulative GPA of 3.0
• Strong attention to detail.
• Ability to communicate effectively (both verbally and written)
• Ability to comprehend and follow written and verbal instructions with limited supervision.
• Ability to multi-task and prioritize daily work responsibilities.
• Ability to trouble-shoot and resolve issues in a timely manner
• PC proficient (MS office) and extensive knowledge on performing internet searches.
• Interest in developing a career in compliance of financial industry.

Ready to make moves? Apply today!

When applying, please be sure to attach your resume. Applications without a resume file attachment will not be reviewed.

Due to the large volume of applications anticipated, we may not be able to personally contact every applicant. If you are interested in applying to more than one Franklin Templeton internship, please apply for other internships that pique your interest.

Compensation Range: This is a full-time internship where students will work approximately 35 hours per week and earn competitive hourly pay of $30 USD per hour. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. 

What makes Franklin Templeton unique?

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture, and is an important element of how we achieve success.

We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals.

Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for 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. We invite you to visit us at Franklin Templeton Careers to learn more about our company, career opportunities and recruitment process.

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 and the job title and 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 requests for accommodations will receive a response.

Experience our welcoming culture and reach your professional and personal potential!

Salary : $30