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Form of work2024 Undergraduate Summer Intern - Job Posting
Department Title:Undergrad Intern - Global Compliance
Location: This position will be based in New York City, NY. Please note this internship will be on a hybrid basis, with 2 days a week in the office.
Position Summary:
Department Overview:
The Franklin Templeton Global Compliance team provides oversight and guidance to the regulated entities within the organization to ensure they adhere to rules and regulations and internal policies and procedures.
Compliance is a perfect way to get into the finance industry and understand how the business works, and regulatory obligations and rules influence business operations. Additionally, the position will give you the opportunity to interact with Senior Leaders.
Team Culture:
Everyone in the Compliance team is aligned on purpose, values, behaviors, and working practices while also feeling they are celebrated 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. Compliance team's ethic held largely accountable for the success and smooth running of the organization.
By the end of your internship, an intern can expect to learn:
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).
The Compliance Intern will assist in completion of various compliance projects and initiatives including but not limited to:
Ideal Qualifications:
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 $31 USD per hour, depending on location, and year in school. 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.
Department Title:Undergrad Intern - Global Compliance
Location: This position will be based in New York City, NY. Please note this internship will be on a hybrid basis, with 2 days a week in the office.
Position Summary:
Department Overview:
The Franklin Templeton Global Compliance team provides oversight and guidance to the regulated entities within the organization to ensure they adhere to rules and regulations and internal policies and procedures.
Compliance is a perfect way to get into the finance industry and understand how the business works, and regulatory obligations and rules influence business operations. Additionally, the position will give you the opportunity to interact with Senior Leaders.
Team Culture:
Everyone in the Compliance team is aligned on purpose, values, behaviors, and working practices while also feeling they are celebrated 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. Compliance team's ethic held largely accountable for the success and smooth running of the organization.
By the end of your internship, an intern can expect to learn:
- Learning the process of compliance with BSA AML regulatory requirements related to KYC (Know Your Client) and Due Diligence.
- Understand how Compliance closely interacts with Legal, Operations, Technology, Risk, Audit, as well as the Business.
- Develop good risk mindset, problem solving and/or conflict management.
- Improve the ability to think rationally and logically and see the bigger picture of an organization.
- Understand how each individual contributions and roles as team member contributes to promote individual success as that for the company as well.
- Opportunity to excel interpersonal skills, as it involves a great deal of internal communication with various stakeholders.
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).
- 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.
The Compliance Intern will assist in completion of various compliance projects and initiatives including but not limited to:
- Perform one-time RDC negative news and PEP screening as part of a lookback project.
- Review and escalate potential valid alerts to Compliance Officer for review.
- Document the review and decision-making process.
Ideal Qualifications:
- 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.
- At least junior level undergraduate college students
- Interest in developing a career in compliance on financial industry.
- An overall cumulative GPA of 3.0
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 $31 USD per hour, depending on location, and year in school. 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.
