Sr. Manager, Regulatory Advisory Compliance

Compliance Program Manager

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 leverage subject matter expertise of the Investment Adviser Act of 1940, as amended ("Advisers Act") and Investment Company Act of 1940, as amended ("Investment Company Act") to work on challenging and novel compliance issues, and help partner with business partners to support the continued expansion of the firm's mutual fund 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 lead them to implementation of effectively designed compliance processes.

Responsibilities :

• Advises clients in maintaining and enhancing their respective compliance programs and leads projects to improve compliance processes / programs. Applies in-depth knowledge to prepare relevant analyses and provide recommendations.
• Provides strategic consulting to the senior managers responsible for business unit compliance. Works with the business unit to identify areas of program improvement, problem resolution, and follow-ups as needed. Provides customized work plans, documentation templates, and detailed compliance risk assessments. Collaboratively develops the strategic direction for certain business unit's compliance programs and provides guidance with respect to the daily operations of the compliance function. Ensures all internal clients have a fully compliant and up-to-date program in place.
• Manages projects from a compliance perspective that span months and quarters (sometimes years); manages to budget, collaborates with project leaders in other business units, and is responsible for ensuring a positive outcome.
• Advises on the testing of policies and procedures for certain business units at the firm. Makes recommendations on when risk-based tests are necessary; informs impacted business units about issues; prioritizes risk and exposure areas; helps business units to identify and develop solutions.
• Assists external regulatory reviews and provides information to the consultants who perform the regulatory reviews. Reviews procedures and policies to ensure compliance.
• Provides support to senior leadership. Meets with clients and in place of senior managers if required to discuss compliance at T. Rowe Price and to answer client questions. Participates in panels in the area of compliance testing. Attends industry conferences to broaden insights into regulatory and compliance requirements.
• Responsible for drafting quarterly and annual chief compliance officer reporting under Rule 38a-1 and Rule 206(4)-7 and overseeing monthly and quarterly compliance reporting to clients.

Qualifications : Required :

Preferred :

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.

Base Salary Ranges :

$108,000.00 - $184,000.00 for the location of : Maryland, Colorado, Washington and remote workers

$119,000.00 - $203,000.00 for the location of : Washington, D.C.

$135,000.00 - $230,000.00 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 :

We value your goals and needs, at work and in life. As an associate, you'll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.