T. Rowe Price Senior Manager - Global Distribution Compliance and Risk Management - USI in Owings Mills, Maryland
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.
About This Position:
The Senior Manager of Global Distribution Compliance & Risk Management Global – US Intermediaries (USI) provides leadership, direction, and consulting to managers and associates across USI encompassing all investment products, and intermediary clients serviced. This position is responsible for the planning, implementation and monitoring of compliance requirements and establishing programs to measure, mitigate and monitor risk in the effort to ensure that the operations of T. Rowe Price comply with relevant legislation and regulation in the US regulatory environment. This position coordinates with resources outside of their team to design and deliver effective compliance and risk management programs and reporting. The position uses business experience and judgement to implement compliance and risk management goals and initiatives and support the USI business with respect to compliance and risk management needs. The position manages a variety of complex issues and requests, oversees the resolution of business issues involving compliance or risk management. The position will work collaboratively with the Business, Legal, North America Compliance, Enterprise Risk Group, and Internal Audit to meet regulatory and firmwide objectives and mitigate compliance and risk-related concerns.
Partners with internal clients to implement strategic compliance initiatives focused on delivering measurable business results and coordinates compliance activities across multiple departments. Leverages subject matter expertise to identify process improvement opportunities; develops high-level plans to close process gaps, and partners with management to implement across the function.
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 each business unit’s compliance programs and risk programs and manages the daily operations of the compliance and risk function. Ensures all internal clients have a fully compliant and up-to-date program in place.
Manages projects from a compliance and risk perspective and is responsible for ensuring a positive outcome.
Partners with Enterprise Risk Management to make recommendations on risk-based tests to be performed; informs impacted business units about issues; prioritizes risk and exposure areas; helps business units to identify, develop and execute solutions.
Serves as the Incident Coordinator, partnering with other compliance and risk teams at the firm to ensure others are aware of the impact of incidents; responsible for root cause analysis, reporting, tracking and remediation efforts.
Responsible for developing and maintaining policies and procedures, whether as a result of new product development or new or enhanced regulatory requirements.
Partners with North America Compliance and Enterprise Risk for interpretation of new regulatory guidance and assesses the impact of new guidance on business practices, including identifying necessary action steps to maintain and achieve compliance.
Develops, maintains, and communicates compliance and risk plan during Annual Compliance Self-Assessment; provides regular update to the plan as well as any new regulatory and risk requirements.
Participates in risk assurance meetings and notable discussions on business risks
Develops compliance and risk training to support the policies and procedures.
Bachelor's degree or the equivalent combination of education and relevant experience AND
8+ years of total relevant work experience
FINRA Licensed Series 7 and 24 (or ability to obtain within an agreed upon time)
Prior asset management experience and knowledge of Asset Management products and vehicles
Prior compliance and risk related experience (regulations, frameworks, tools, and concepts) Proven relevant work experience
Ability to understand complex regulatory requirements from multiple regulatory bodies
Excellent interpersonal skills
Able to work under pressure and produce results without close supervision.
Excellent communication and presentation skills and ability to communicate complex concepts and issues clearly and concisely
Attention to detail
A team-worker who must be able to build working relationships and interact with a diverse group of internal contacts
Strong influencing skills
Analytical skills allied with creative and critical thinking
Project management and facilitation capabilities
Sound judgement and integrity
Conflict resolution skills
Working knowledge of compliance within the investment industry
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)
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, colour, 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.