Sr. Manager, Regulatory Advisory Compliance

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident. 

We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.  

Join us for the opportunity to grow and make a difference in ways that matter to you. 

About this Position

Reporting to the Broker/Dealer Chief Compliance Officer, the role is responsible for ensuring compliance programs including written supervisory procedures appropriately address the regulatory requirements relative to the firm’s business activities. Individual serves as a subject matter expert in the broker/dealer regulatory landscape. Works closely with key stakeholders across the firm including Legal and Compliance colleagues to review, interpret and implement new regulatory requirements as well as enhance existing compliance program to ensure regulatory standards are met. The role will also support the North America Compliance Team and business units by providing regulatory advisory support. The role requires an expert level of knowledge of the FINRA, SEC, MSRB and state broker dealer regulatory requirements and landscape, strong analytical skills with attention to detail, the ability to work with evolving priorities and under heavy workload.

Role Summary

Works with a high degree of independence and is responsible for ensuring the firm’s compliance with FINRA, SEC, MSRB and State rules and laws. Advises internal clients on considerations and resolutions of compliance issues using experience, rule interpretation skills, and sound judgement from a risk perspective. Ensures compliance policies and procedures adhere to requirements by leading projects to improve or implement compliance processes/programs.

Responsibilities

• Provides specialized, expert legal counsel and effective solutions for multiple business units across the firm.
• Develop and implement compliance vision and strategy in conjunction with the Chief Compliance Officer.
• Monitor ongoing legal and regulatory developments.  Design and lead efforts to implement new compliance initiatives as law, compliance and business circumstances evolve.
• Manage responses to requests for information and examinations by regulatory organizations. 
• Utilizes expert knowledge of regulatory requirements and experience to assess controls and identify risk priorities in consultation with Chief Compliance Officer.
• In consultation with the Chief Compliance Officer and others within the Legal and Compliance Group, recognizes current industry compliance issues and leads efforts to research, access impact on T. Rowe Price, develop remediation plan and ensure implementation of plan.

Qualifications

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 8+ years of total relevant work experience
• FINRA Series 7 and Series 24 registrations, Series 24 may be obtained within the first 6 months of hire if not currently held

Preferred:

• Strong knowledge of broker/dealer regulatory requirements including FINRA, SEC, MSRB and state rules and regulations
• In depth knowledge and understanding of broker/dealer activities such as distribution of mutual funds, exchange traded funds, private placement agent activities, dealer/manager of business development company, and introducing broker/deal