Paralegal, Legal & Compliance – Asset Management

Franklin Templeton; New York (NY); On-site; USD 60,000 - 95,000; Full time

Job summary

Benefit Street Partners, part of Franklin Templeton, is seeking a Paralegal to serve as a shared resource to the Legal and Compliance teams, providing broad support across legal, regulatory, governance, and administrative matters for BSP's alternative credit platform.

The role collaborates with attorneys and compliance professionals and interfaces with investment, finance, investor relations, operations, and other business teams.

Qualifications

• Bachelor’s degree is required.
• Prior paralegal, legal, compliance, or related experience within an asset management firm, investment adviser, law firm, financial institution, or comparable professional environment.
• Fund formation experience is strongly preferred.
• Strong organizational skills with exceptional attention to detail and accuracy.
• Ability to manage multiple assignments, deadlines, and competing priorities effectively.
• Strong written and verbal communication skills.
• Ability to work independently while also collaborating effectively as part of a Legal & Compliance team.
• Experience working with legal, compliance, document management, or regulatory systems is a plus.

Responsibilities

• Provide day‑to‑day paralegal support to members of the Legal team across corporate, transactional, fund, and investment management matters.
• Assist with the preparation, review, execution, and organization of legal documents, agreements, certifications, consents, resolutions, and related materials.
• Coordinate document execution processes, including signature collection, tracking, and maintenance of completed agreements and other legal records.
• Maintain and organize corporate records, legal files, entity documentation, organizational charts, and governance materials.
• Assist with entity formation, maintenance, governance, and related corporate filings.
• Support legal due diligence, transaction closings, and other investment‑related or corporate matters as needed.
• Coordinate with internal stakeholders and external counsel regarding documentation, filings, information requests, and other legal matters.
• Assist with maintaining contract databases, document repositories, and other legal records and systems.
• Support the Legal team with special projects and other matters as required.
• Provide support to the Compliance team in connection with the firm’s regulatory and compliance program.
• Assist with regulatory filings, registrations, certifications, and periodic reporting requirements.
• Support the administration and maintenance of compliance policies, procedures, records, and related documentation.
• Assist with employee compliance processes, including personal trading, certifications, attestations, gifts and entertainment, outside business activities, and other Code of Ethics requirements.
• Help coordinate compliance training, annual and periodic certifications, and related employee communications.
• Assist with regulatory examinations, internal reviews, audits, and information requests by gathering, organizing, and maintaining relevant documentation.
• Support compliance monitoring and testing activities and maintain appropriate records of reviews performed.
• Assist with the maintenance of regulatory and compliance calendars and help ensure required filings, reviews, and deliverables are completed on a timely basis.
• Partner with Legal, Compliance, Operations, Finance, Human Resources, and investment professionals on cross‑functional initiatives.
• Support additional compliance projects and responsibilities as needed.

Skills

Attention to detail

Organizational skills

Communication skills

Discretion

Team collaboration

Education

Bachelor's degree

Tools

Microsoft Office

Job description

Benefit Street Partners, part of Franklin Templeton, is seeking a Paralegal to serve as a shared resource to the Legal and Compliance teams, providing broad support across legal, regulatory, governance, and administrative matters for BSP's alternative credit platform.

The role collaborates with attorneys and compliance professionals and interfaces with investment, finance, investor relations, operations, and other business teams.