Senior Legal Specialist

Posted:
8/15/2024, 5:00:00 PM

Location(s):
Telangana, India ⋅ Hyderabad, Telangana, India

Experience Level(s):
Senior

Field(s):
Legal & Compliance

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!

What is the Sr. Legal Specialist in the Legal group responsible for?

  • In general, this position will be responsible for assisting one or more attorneys in carrying out the mission of the Legal Department. An individual in this position will be expected to develop subject matter expertise in one or more specific legal or regulatory areas and perform related tasks with minimal supervision. In addition, an individual in this position should have a solid understanding of the business area(s) he or she is serving, including its goals, function, procedures and operations.

What are the ongoing responsibilities of the Sr. Legal Specialist in the Legal group?

The Sr. Legal Specialist identified in this job description will be expected to support two primary areas:

1. FORM N-1A (U.S. FUND REGISTRATION STATEMENTS) UPDATES, OTHER FUND DISCLOSURE AND NEW FUNDS:

  • Form N-1A is used by open-end management investment companies (mutual funds) to register with the U.S. Securities Exchange Commission under the Investment Company Act of 1940 and to offer their shares under the Securities Act of 1933. The registration statement is designed to provide investors with information that will assist them in making a decision about investing in a fund. The disclosure portion of the registration statement is divided into a prospectus and statement of additional information (SAI). Once the fund is registered, the registration statement must be updated at least annually to reflect revised financial statements and whenever material changes occur

The Sr. Legal Specialist among other responsibilities will:

  • Serve as project manager for assigned existing and new fund registrations.

  • Prepare, review and produce of fund registration statements and other disclosure documents (e.g., summary prospectus, prospectus, statement of additional information, proxies, supplements, shareholder reports, etc.) for assigned existing and new funds.

  • Organize, maintain, and use database or other document management systems; implement procedures and revise as needed to keep current.

  • Gather and analyze routine information necessary for regulatory or other purposes; answer routine questions from within and without company and make simple inquiries of regulators and others.

  • Review prospectuses and other disclosure documents for sub-advised third party funds for assigned relationships.

2. FORM N-1A AND RELATED INVESTMENT COMPANY FILINGS:

  • In addition to registration statements, there are a number of related filings that must be made with the SEC through its electronic filing system (EDGAR).

  • Create and maintain fund and other legal files and records, and team policies and procedures; provide administrative support for attorneys as necessary.

  • Work on special projects with paralegals and/or attorneys. Act as team leader for other non-exempt staff by assisting with basic training and support

  • Coordinate and process annual and new N-1A filings for registered funds (and/or classes)

  • Creating edition in content management system (CAPs) Coordinate and participate in portfolio manager (PM) and other attorney meetings Requesting appropriate documentation including N-1A data sheets, indirect fees, sub-advisor (if needed) Research including next updates files, prospectus supplements, review board minutes, annual reports, agreements Reviewing, working through and updating documents based on approved fund counsel and other comments Updating CAPs

  • Building of new funds into CAPs

  • Updating content in fund documents

  • Rebuilding tables, updating manually for some tables

  • Updating footnotes

  • Revise tax sections upon advice from attorney

  • Making necessary proofs and blacklines

  • Ensure that all “form” changes get incorporated in our Pro/SAI form documents to maintain language consistency Review of documents (ongoing throughout N-1A update), sending for internal, fund counsel and PM. Make all necessary updates and also self-review of documents. Finalizing the documents and communicating with necessary parties Add files to “hot folder” for posting to FT websites.

3. Monthly EDGAR Filings:

  • Prepare and file annual Form N-1A and related filings, including drafting wrap pages and letters, such as 485a, 485b, 497K, 497J and XBRL File “financial” forms on SEC Publisher, as 24f-2 and 40-17f2 Review final file from financial publisher for certain forms (N-Q and N-CSR) Prepare and file other forms as needed

  • Reorganizations (N-14)

  • New Funds (485(a))

  • Proxy (14A)

  • SEC Correspondence

4. Coordinate and process prospectus supplements (stickers):

  • Incorporating any comments that have been validated to be included in the sticker Updating summary prospectus when required Coordinating the typesetting process with Creative Services or PPM (depending on time constraints) to finalize sticker; if needed, consult with appropriate parties on who can insert the sticker if it needs to be mailed (is it going out via special mailing or included with SH Report or next quarterly asset summary statement) Insert sticker into Pro(s) and/or SAI(s) for posting on the website Troubleshoot any issues and if needed, submit an incident ticket if documents fail to post on the web

  • Provide support on projects as necessary

What ideal qualifications, skills & experience would help someone to be successful?

Education And Experience:

  • Bachelor’s degree or associate degree with an emphasis on Paralegal studies or equivalent work bachelor's degree or associate degree with an emphasis on Paralegal studies or equivalent work experience

  • About four years of relevant corporate experience.

  • Directly related experience in legal/compliance role for an asset management or financial services company a plus but not essential

  • Previous job history and training demonstrate:

  • excellent research, comprehension, analytical and decision making skills

  • excellent interpersonal skills; proven ability to inform and influence decision making

  • excellent communication skills; in-depth experience in drafting, editing and proofreading detailed correspondence, documents, reports and complex legal forms

  • Professional skills necessary to independently manage multiple complex projects involving confidential and detailed information.

Knowledge, Skills, And Abilities:

  • Ability to work independently

  • Knowledge of proper English usage, grammar, spelling, vocabulary and of generally accepted office practices, procedures and equipment

  • Ability to communicate effectively both orally and in writing

  • Excellent research, comprehension, analytical, proofreading and decision making; pays close attention to detail

  • Professionally and confidently interact with all levels of internal and external contacts; establish and maintain productive working relationships, resolving conflicts and exchanging pertinent information to meet common objectives

  • Ability to remain flexible and work under pressure

  • Advanced knowledge of business desktop applications (i.e., Microsoft Word, Excel, PowerPoint, Access & Project, Windows, Visio, etc.) required

  • Excellent planning, project management and progress reporting skills

  • Ability to maintain confidentiality

  • Ability to organize and prioritize workflow

  • Ability to maintain updated knowledge of procedures, products and activities of assigned area

  • Ability to perform multiple tasks in a fast-paced, team environment

  • Strong administrative and organizational skills and ability to accept responsibility for final work product

Problem Solving and Decision Making:

  • Works under very general supervision; work is reviewed for accuracy

  • Work is performed under general direction; participates in determining objectives of assignment; work is reviewed for adequacy in meeting objectives; manages own activities in accomplishing objectives

  • Solve problems of moderate scope and complexity, refers to policies and practices for guidance

  • Exercise discretion and judgment in independently determining best course of action within scope of delegated responsibilities

  • Initiate or recommend realistic solutions that are consistent with regulatory requirements and corporate guidelines and policies

  • Plan, schedule and arrange own activities to efficiently accomplish objectives of multiple assignments within required timelines, resolving conflicts as necessary to accomplish goals

Physical Requirements:

  • Work comfortably in an office setting using standard office equipment

  • Maintain a competent, professional image

Work Shift Timing - 4:30 PM - 1:30 AM IST

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.  

Highlights of our benefits include:

  • Professional development growth opportunities through in-house classes and over 150 Web-based training courses

  • An educational assistance program to financially help employees seeking continuing education

  • Medical, Life and Personal Accident Insurance benefit for employees. Medical insurance also cover employee’s dependents (spouses, children and dependent parents)

  • Life insurance for protection of employees’ families

  • Personal accident insurance for protection of employees and their families

  • Personal loan assistance

  • Employee Stock Investment Plan (ESIP)

  • 12 weeks Paternity leave

  • Onsite fitness center, recreation center, and cafeteria

  • Transport facility

  • Child day care facility for women employees

  • Cricket grounds and gymnasium

  • Library

  • Health Center with doctor availability

  • HDFC ATM on the campus

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 [email protected]. 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.