We are hiring a Managing Legal Counsel to support T. Rowe Price’s growing exchange-traded fund (ETF) business. The position will be a member of the 1940 Act Regulatory Oversight team in Owings Mills, MD.
Role Summary
Provides expert legal counsel supporting T. Rowe Price’s 1940 Act products and business areas, under the direction of Managing Legal Counsel. Viewed as a trusted internal resource capable of using experience and knowledge of T. Rowe's businesses and products to articulate and advance legal positions.
Responsibilities
Provides specialized legal advice based on experience and research of mutual funds and ETFs, the Investment Advisers/Company Act of 1940, and related regulations and practices to internal stakeholders.
Independently prepares and/or reviews internal and external materials affecting the business, including fund prospectus, proxy statements, and policies and procedures.
Negotiate and/or advise on certain legal contracts and agreements.
Communicates and collaborates with business teams and oversight partners, such as Compliance, and develops the legal response/position for issues identified.
Maintains productive relationship with relevant regulators (particularly, SEC), external and internal clients, and board of directors.
Lead and/or support routine processes or special projects, such as new rule implementation and business initiatives, on a cross-functional basis.
Qualifications
Required:
Law degree from accredited school of law
Licensed and active state bar membership
Attorney with 5+ years of in-house, government, or law firm financial services experience
5+ years of experience handling ’40 Act issues and experience working with mutual funds and/or ETFs
Preferred:
Experience interacting with business teams, such as Investments, Distribution, Operations and Trading groups as well as other attorneys and compliance teams
Ability and intent to (1) create value for clients; (2) think and act strategically; (3) champion integrity; (4) drive results and accountability; and (5) communicate effectively
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 two days per week from home.
T. Rowe Price - Who We Are
Thomas Rowe Price, Jr., our founder, focused on meeting each client’s individual needs and emphasizing the importance of their success. More than 80 years after he launched our company, we continue to embrace that client-centered philosophy in everything we do.
•Globally diversified investment management firm based in Baltimore, Maryland managing $1.63 trillion in assets (as of September 30, 2024) with offices in 16 countries
•Preeminent investment research organization that has consistently produced strong investment performance over the long term
•Analysts consistently recognized as some of the best in the industry
•Corporate culture based on diversity of thought, collaboration and development
A career at T. Rowe Price says you want to contribute and make a difference at a leading global investment management firm where success results from the dedication our associates have in building success for our clients. We are a growing organization of associates from diverse backgrounds, experiences, and perspectives. We take a long-term view on associates and their careers. Our associates do phenomenal work with purpose, and as a result, we provide g...rowth opportunities through in-person and online training, management development programs, and career development on the job.
If you are seeking a meaningful work experience along with a workplace culture that thrives on teamwork, we invite you to explore the opportunity to join us.
