BSP Paralegal

Benefit Street Partners (BSP) is part of Franklin Templeton, a forward-thinking asset manager that has built its success through powerful partnerships. We leverage cutting-edge strategies and deep insights to unlock opportunities for long-term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

Benefit Street Partners operates independently as an investment group. It is an alternative credit pioneer that seeks to deliver attractive returns through its relationships, specialist expertise, and global reach. We focus exclusively on credit, building deep expertise across direct lending, structured credit, liquid credit, special situations, infrastructure debt, and real estate.

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Firm Overview

Benefit Street Partners (BSP) is an alternative credit pioneer that seeks to deliver attractive returns through its relationships, specialist expertise and global reach. We focus exclusively on credit, building deep expertise across direct lending, structured credit, liquid credit, special situations, infrastructure debt and real estate.

Today, we manage $96 billion in assets for investors worldwide. As a wholly owned subsidiary of Franklin Templeton, one of the world’s largest asset managers, we benefit from institutional scale and resources while retaining full investment and day-to-day operational independence. This enables us to combine specialist focus with global reach, offering solutions-driven strategies to meet long-term client needs. The integration of Alcentra in 2022 added two decades of European expertise, creating one of the most diversified alternative credit platforms worldwide. Together, we offer clients the benefits of BSP’s agility, specialization, and entrepreneurial culture, supported by Franklin Templeton’s resources, infrastructure, and $1.68 trillion in assets under management.

Position Overview

BSP is seeking a Paralegal who will 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 will work closely with attorneys and compliance professionals and will interact with investment, finance, investor relations, operations, and other business teams.

Responsibilities

Legal Support

• Provide day-to-day paralegal support to members of the Legal team across a variety of 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.

Compliance Support

• 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.

Qualifications

The successful candidate will ideally possess:

• Bachelor’s degree 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.
• Sound judgment and the ability to handle confidential and sensitive information with discretion.
• Strong analytical and problem-solving skills.
• Ability to work independently while also collaborating effectively as part of a Legal & Compliance team.
• Strong proficiency with Microsoft Office, including Word, Excel, PowerPoint, and Outlook.
• Experience working with legal, compliance, document management, or regulatory systems is a plus.

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.

Artificial intelligence or automated tools may be used to assist in the screening, assessment, or selection of applicants for this position.