Job Description

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 growth 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.

Senior Legal Counsel

ABOUT THIS POSITION

The Senior Legal Counsel will be the lead attorney supporting the firms growing separately managed accounts business. This position will negotiate legal agreements with program sponsors and dual contract program clients and will interact regularly with managed accounts business leaders to provide guidance regarding ongoing and new initiatives. This position will also support the high net worth separate account group as well as other investment advisory programs and services offered by the firm. Additionally, this role will be responsible for providing leadership and support regarding regulations and issues impacting investment advisers, including the Investment Advisers Act and Form ADV requirements as well as new rules proposed or adopted by regulatory bodies.

RESPONSIBILITIES

Reviews presented business issues, conducts extensive legal research and investigations with the assistance of less experienced professionals, and crafts legal solutions, balancing internal and external stakeholder interests with the risks of adverse legal actions, revenue loss, or reputational damage to the entities. Issues are typically complex or without much precedence and require creative solutions. Frequently enlists more junior colleagues to conduct more routine assignments within large-scale matters/issues

Communicates and collaborates with leaders who also serve in an advisory or oversight capacity and independently develops the legal response/position for complex issues identified as the most severe risks or areas of noncompliance. Reviews summaries of legal matters and due diligence activities prepared by less experienced professionals and uses expert knowledge and sound judgment to confirm their accuracy, potential impact, and necessity for action.

Maintains a significant understanding of practice or functional area products and services and frequently specializes in a specific product or practice area. Maintains expert knowledge of all regulators relevant to the practice or functional areas. Continues to advance knowledge through participation in external industry or professional events and may exert influence on industry thinking.

Handles a portfolio of complex, specialized legal issues, including serving as an advisor to internal and external stakeholders, including outside counsel, relevant to issues affecting the assigned entities. Initiates contact, retains, and manages outside counsel who provide legal services to the entities, as needed. Communicates expectations for deliverables and service levels; ensures retained counsel is kept informed of entities' priorities and strategies. Reviews outside counsel work for appropriateness, quality, and alignment to expectations; provides feedback and direction to rectify any issues.

Provides work guidance and mentoring to less experienced attorneys or other legal department colleagues. May manage medium-sized team or multiple micro-teams.

QUALIFICATIONS

Required:

* Law Degree from accredited School of Law and admission to the MD State Bar or other State Bar
* 8+ years of total relevant work experience

Preferred:

Senior attorney with in-house asset manager or sponsor firm experience involving separately managed accounts with 8+ years in practice area

Experience with high net worth business as well as investment advisory programs

Expert on Investment Advisers Act and experience with related rules and regulations

Demonstrated experience managing attorneys and legal analysts

Ability to interact effectively and work in partnership with a diverse group of internal and external contacts

T. Rowe Price is committed to providing our associates with a comprehensive total rewards benefit program, including wellness, retirement and quality-of-life benefits. Please view What We Offer to see what's available to you.

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.