Managing Legal Counsel – Privacy at T. Rowe Price

Owings Mills, Maryland, United States

T. Rowe Price Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Asset Management, Financial ServicesIndustries

Requirements

  • J.D. from an accredited law school and active membership in at least one U.S. state bar
  • 8-10 years of total relevant work experience
  • Deep knowledge of U.S. privacy laws (CCPA, CPRA, and other state laws) and familiarity with global frameworks (GDPR)
  • Demonstrated experience advising on privacy and data protection
  • Demonstrated ability to draft and negotiate complex privacy-related contracts
  • Strong communication, negotiation, and teamwork skills, with the ability to influence and collaborate across functions
  • Proven ability to manage multiple complex projects and provide practical, actionable, and business-oriented legal advice
  • Prior in-house experience as an attorney (preferred)
  • Experience advising clients within the asset management/financial services sector (preferred)
  • Certification in privacy (e.g., CIPP/US, CIPM, CIPT) (preferred)

Responsibilities

  • Review and advise on product development and business initiatives to ensure privacy compliance, including privacy-by-design and security-by-design principles
  • Negotiate, draft, and review privacy-related contracts, including Data Processing Agreements (DPAs), vendor agreements, and AdTech contracts
  • Ensure compliance with U.S. privacy laws (CCPA/CPRA, and other state laws), digital and AdTech regulations, and global privacy frameworks (GDPR)
  • Monitor and analyze regulatory developments, industry trends, and enforcement actions to proactively address privacy risks and opportunities
  • Provide strategic guidance to business leaders and cross-functional teams (Product, Engineering, Marketing, Security, Data Science) on privacy issues and risk mitigation
  • Lead and support privacy impact assessments (PIAs/DPIAs), data mapping, and records of processing activities
  • Develop, implement, and maintain privacy policies, procedures, and training materials
  • Manage and coordinate responses to privacy and data security incidents, including potential regulatory notifications and remediation
  • Represent the company in industry groups and advocate for privacy best practices
  • Collaborate with cross-functional teams to implement privacy best practices, reflecting our commitment to innovation, compliance, and ethical privacy practices

Skills

Privacy Compliance
Privacy-by-Design
Security-by-Design
Contract Negotiation
Legal Drafting
Data Protection
Regulatory Advice

T. Rowe Price

Global asset management and investment advisory services

About T. Rowe Price

T. Rowe Price provides investment advisory services and retirement solutions to individual investors, financial intermediaries, and institutions. The firm employs a disciplined investment approach supported by extensive research to deliver long-term value. It generates revenue mainly through management fees based on the assets it manages, which amounted to $1.569 trillion as of June 30, 2024. T. Rowe Price serves a wide range of clients, including individual investors, retirement plan sponsors, and institutional investors like endowments and foundations. Its global reach and experienced investment teams enable the firm to offer various investment strategies and products, helping clients achieve their financial goals.

Baltimore, MarylandHeadquarters
1937Year Founded
$78,115.8MTotal Funding
IPOCompany Stage
Quantitative Finance, Financial ServicesIndustries
10,001+Employees

Benefits

Paid Volunteer Time
Parental Leave
Learning & Growth Resources
Matching Charitable Gifts
Health Care Benefits
Generous Retirement Plan

Risks

Increased competition from AI-powered platforms challenges T. Rowe Price's traditional strategies.
Departure of key personnel may impact T. Rowe Price's wealth management capabilities.
High valuations of AI startups could divert capital from traditional asset management firms.

Differentiation

T. Rowe Price offers a comprehensive range of investment strategies across various asset classes.
The firm emphasizes long-term value through disciplined investment and extensive research capabilities.
T. Rowe Price's global reach and diverse client base enhance its market position.

Upsides

Growing interest in AI-driven investment strategies presents new opportunities for T. Rowe Price.
The rise of quantum technology aligns with T. Rowe Price's focus on tech startups.
Collaboration trends in biotech offer potential investment opportunities in genetic medicine.

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