Sr. Manager, Regulatory Advisory Compliance at T. Rowe Price

Owings Mills, Maryland, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Financial ServicesIndustries

Requirements

Bachelor's degree or the equivalent combination of education and relevant experience
8+ years of total relevant work experience
FINRA Series 7 registration
FINRA Series 24 registration (may be obtained within the first 6 months of hire if not currently held)
Strong knowledge of broker/dealer regulatory requirements including FINRA, SEC, MSRB and state rules and regulations (preferred)
In depth knowledge and understanding of broker/dealer activities such as distribution of mutual funds, exchange traded funds, private placements (preferred)
Expert level of knowledge of the FINRA, SEC, MSRB and state broker dealer regulatory requirements and landscape
Strong analytical skills with attention to detail
Ability to work with evolving priorities and under heavy workload

Responsibilities

Ensures compliance programs including written supervisory procedures appropriately address the regulatory requirements relative to the firm’s business activities
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
Supports the North America Compliance Team and business units by providing regulatory advisory support
Ensures 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
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
Monitors ongoing legal and regulatory developments and designs and leads efforts to implement new compliance initiatives as law, compliance and business circumstances evolve
Manages 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, assess impact on T. Rowe Price, develop remediation plan and ensure implementation of plan

Skills

FINRA

SEC

MSRB

Broker-Dealer Compliance

Regulatory Compliance

Written Supervisory Procedures

Regulatory Interpretation

Compliance Programs

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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