Senior Analyst, Investment Compliance

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future.

The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.

Role Summary

Investment Compliance is a global function responsible for ensuring compliance with regulatory, prospectus, client-directed, and internal investment and operational restrictions for every portfolio managed by T.

Rowe Price. This position sits within the Implementation team, which is responsible for the on-boarding of new accounts and products, oversight of amendments to existing accounts, and programming of all restrictions into the firm's investment compliance monitoring system, Charles River.

The Senior Analyst identifies, interprets, and programs restrictions into the Charles River compliance system to support automated compliance testing across all portfolios managed by T.

Rowe Price. The Senior Analyst consults with and provides information to investment personnel, attorneys, client operations managers and other internal and external parties.

The Senior Analyst also assesses the impacts of regulatory changes, new investment strategies, and data changes on the rule library and manages projects assigned by the Lead Manager and / or the Investment Compliance management team.

Responsibilities

• New account on-boarding, amendments to existing client documentation, and coding (using Charles River)
• Liaises with client operations and / or product on new accounts or changes for existing clients to provide compliance feedback, manage priorities, and meet inception deadlines
• Reviews investment restrictions in proposed new account documentation and guideline amendment language to ensure ability to code the compliance system as well as clarify intent, if needed
• Programs logic-based rules in Charles River in order to effectively monitor client and regulatory requirements
• Collaborates with investment staff to ensure rule coding achieves alignment between client / regulatory requirements and the investment strategy of each portfolio
• Performs quality assurance testing and review of rules programmed by other team members
• Evaluates compliance system functionality and available data elements to determine how restrictions can be captured in the compliance systems
• Provides creative coding solutions and alternatives to capture complex requirements
• Assesses impacts of code changes and tests restrictions to ensure they function as intended
• Escalates any operational roadblocks or risks in new client requirements to management

Process Improvement :

• Proactively identifies process improvement opportunities
• Works to reduce risk by looking for opportunities to make coding more accurate, concise, and efficient
• Recommends ways to automate manual rules and / or implement additional compliance functionality and data as a result of system upgrades
• Develops subject matter expertise and proactively shares expert knowledge of the Charles River system, or other investment compliance monitoring system(s), to significantly increase depth of knowledge within the Implementation team
• Challenges the status quo of policies and procedures, existing thinking, and offers new solutions
• Assists in the continued optimization of the rule library

Projects :

• Prioritizes, organizes, and oversees complex projects from internal and external customer groups
• Assesses the comprehensive impacts of regulatory changes, new investment strategies, products and derivative instruments on the rule library
• Develops project plans for Implementation team personnel to implement changes
• Communicates rule changes and resulting impacts to internal and external customers ensuring changes are appropriately documented
• Develops appropriate documentation, procedures, and process controls

Typical Qualifications

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

Preferred Qualifications

• Proven analytical skills within the area of investment compliance or a related field
• Strong attention to detail; commitment to quality
• Strong customer service orientation
• Strong interpersonal skills; effective written and oral communications
• Ability to work under pressure
• Strong organizational skills; proficient in handling multiple tasks simultaneously
• Strong research and problem-solving skills
• Team player

FINRA Requirements

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

Work Flexibility

This role is eligible for a hybrid work schedule; three days in the office, two days remote.

Regional Requirements :

Base salary range :

$83,000 - $141,000 USD for the locations of : Colorado and the State of Washington

$103,500 - $177,000 USD for the locations of : California and New York

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.

This job posting is expected to be available until 10 / 30 / 2024.

Commitment to Diversity, Equity, and Inclusion :

We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients.

Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community.

We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.

Benefits : We invest in our people through a wide range of programs and benefits, including :

• Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions
• Flexible and remote work opportunities
• Health care benefits (medical, dental, vision)
• Tuition assistance
• Wellness programs (fitness reimbursement, Employee Assistance Program)

Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates' well-being and addressing the needs of our clients, business, and communities is unwavering.

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.