What is the Legal group responsible for?
The Legal team provides practical legal advice and service to the broader organization by reviewing and analyzing the laws and regulations of the legal jurisdictions in which Franklin Templeton operates. Our in-house corporate attorneys interpret these laws and regulations and advise the business on actions required to comply with legal and regulatory obligations. They also guide the business on appropriate courses of action to minimize risk from financial or reputational loss.

What is the Attorney - Securities Transactions responsible for?
The successful candidate will work closely with FT's portfolio management and research teams and other business units to provide advice and counseling with respect to investment, corporate restructuring and bankruptcy-related matters on behalf of Franklin's registered funds and advisers, private funds and institutional clients. To a limited extent, the successful candidate may also be asked to contribute to the legal team's efforts regarding registered funds disclosure, fund governance matters and various regulatory matters.

The Attorney - Securities Transactions role can work remote or hybrid based in San Mateo, CA, Los Angeles, CA, Stamford, CT, New York, NY, Washington, D.C., Short Hills, NJ or Fort Lauderdale, FL.

What are the ongoing responsibilities of the Attorney - Securities Transactions?
  • Reviewing and negotiating investment-related documentation related to debt, equity (venture and private equity), crypto currencies, tokens and structured investments, rights offerings, tender offers, exchange offers, consent solicitations and spin-offs, and non-disclosure agreements related to these transactions
  • Maintenance of existing investments including corporate actions, proxies and mergers and acquisitions
  • Preparing and reviewing regulatory filings regarding investments
  • Providing advice and counseling on bankruptcy-related matters including restructuring transactions, workouts and participating on ad hoc and official committees, reviewing and negotiating related documentation, including amendments to bond indentures, covenant documents, confidentiality agreements and ethical wall procedures
  • Evaluating client agreements to ensure the proper authority for taking actions on behalf of client accounts, negotiating engagement letters with outside counsel and managing and allocating legal expenses
  • Working with business partners to develop policies and procedures with regard to investment-related matters
  • Preparing and providing reporting with respect to these matters to Fund boards and clients as appropriate
  • Managing litigation relating to investments
  • Managing outside counsel
  • Monitoring and advising business partners regarding regulatory developments in these areas

What ideal qualifications, skills & experience would help someone to be successful?
  • J.D. degree
  • Membership of a state bar (California or New York preferred)
  • 6 to 8 years of experience in a corporate transactional and/or transactional restructuring/bankruptcy practice at a law firm or in-house with an investment management and/or mutual fund complex.
  • Experience in the federal securities laws and rules thereunder, including the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, as well as the U.S. Bankruptcy Code preferred. Knowledge of IRC and ERISA is helpful but not required.
  • A self-directed individual with excellent writing and verbal skills; high degree of attention to detail; and ability to multi-task and prioritize in a fast-paced global environment.