Sr. Analyst, Regulatory Advisory Compliance

Role Summary

Partners with internal clients to implement strategic compliance initiatives for T. Rowe Price’s proprietary and subadvised 40 Act products focused on delivering measurable business results and coordinating compliance activities across multiple departments. The position will contribute to the success of client compliance reporting and multiple risk and compliance programs that are designed to prevent, detect, and assist in resolving potential violations of federal securities laws and regulations for T. Rowe Price and its affiliated advisers, the TRP Fund complex, and various Fund Service Providers.

The position provides the opportunity to develop subject matter expertise of various components of the Investment Adviser Act of 1940, as amended (“Advisers Act”) and Investment Company Act of 1940, as amended (“Investment Company Act”) while working on challenging and novel compliance issues, and collaborate with business partners to support the continued expansion of the firm’s registered investment company (e.g., mutual funds, ETFs, etc.) business, including enhancing written compliance procedures and internal compliance controls. The ideal candidate is a proactive problem solver who can independently achieve outcomes, collaborate with fellow compliance professionals team, as well as provide guidance to business partners to assist them in implementation of effectively designed compliance processes.

Responsibilities

• Responsible for coordinating and drafting quarterly and annual chief compliance officer reporting under Rule 38a-1 and Rule 206(4)-7 and completing monthly and quarterly compliance reporting to clients.
• Prepare responses to Due Diligence Questionnaires and Request for Proposals as well as maintain the accuracy of client facing documents and disclosures.
• Prepare, review, and file initial, annual, and amending Form ADV filings on the SEC's IARD System to ensure disclosures align with the Investment Advisers Act of 1940 and SEC Form ADV Instructions.
• Analyzes and researches subadvised policy and procedure documents to determine differences between subadvised and TRP policies. Works directly with the clients and the appropriate business units to resolve inconsistencies. Continually monitors subadvised policies for changes and presents any novel issues to Managing Legal Counsel for resolution. Understands business implications of changes in policies and procedures and advises businesses of such changes.
• Acts as the lead on certain projects driven by the needs of the business units or the Managing Legal Counsel. Projects may be firmwide or impact the majority of business units. Coordinates internal and external resources to accomplish project goals, manages the project team, and is responsible for ensuring a positive outcome.
• In consultation with TRP legal team, recognizes current industry compliance issues and research and their impact on T. Rowe Price and effected business units. Communicates relevant information to various business units, which requires sound understanding of the business functions of all business units across T. Rowe Price.

Qualifications
Required:

• Bachelor's degree or the equivalent combination of education and relevant experience
• 5+ years of total relevant work experience

Preferred:

• Knowledge and understanding of Investment Company and Adviser Acts, Mutual Fund and ETF Compliance regulations, programs and best practices
• Ability to analyze and interpret complex data sets
• Excellent written and verbal communication skills
• Superb critical-thinking and problem-solving skills
• Advanced analytical, interpretive, and organizational skills
• Familiarity with Office 365 and associated applications. Proficient with all Microsoft Suite applications (Outlook, Excel, Word, etc.)
• Adaptability, flexibility and a “can-do” attitude
• Comfortable engaging various technologies

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$87,000.00 - $148,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$95,500.00 - $163,000.00 for the location of: Washington, D.C.
$108,000.00 - $185,000.00 for the location of: New York, California

Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

Benefits

T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.