Job Description

Role Summary

Investment Compliance is a global team responsible for ensuring compliance with a diverse set of requirements, including regulatory, prospectus, client-directed, internal investment, and operational restrictions (“Compliance Restrictions”) for portfolios managed by T. Rowe Price. 

This position sits within the Monitoring team which plays a crucial role in reviewing investment activities as it relates to Compliance Restrictions coded into the firm’s investment compliance monitoring system, Charles River (CRD), and supports client reporting on these restrictions.

The Investment Compliance Senior Analyst collaborates with, and provides information to a diverse range of stakeholders, including investment personnel, legal counsel, client operations managers, and other internal and external partners.  The analyst also participates in and manages projects assigned by the Investment Compliance leadership team.

Responsibilities

Communicate effectively through direct interaction with Trading, Investment, Client and Legal associates, demonstrating a strong understanding of global compliance requirements, investment strategies and derivative usage
Analyze pre-trade, post-trade and batch compliance alerts in CRD to assess permissibility.  When necessary, liaises with trading, legal, client operations and/or investment personnel by assisting with interpretation of guidelines and communications to clients
Conduct test trades for deals, corporate actions and in-kind transitions and reviews results to ensure compliance with all account restrictions
Oversee and manage manual processes items not coded into CRD
Proactively identifies and escalates potential compliance violations to management and if necessary, participates in the violation resolution process
Actively participates in the Global Client Investment Reporting (GCIR) process

Process Improvement

Continuously seeks opportunities to enhance efficiency: Actively identifies process improvement opportunities.
Champions risk reduction: Works to reduce risk by looking for opportunities to make the compliance monitoring process more accurate, concise, and efficient
Drives automation and innovation: Recommends and implements solutions to automate manual rules, integrate new compliance functionality and leverage data as a result of system upgrades
Fosters knowledge sharing and collaboration: Develops deep expertise in the Charles River system, or other investment compliance monitoring system(s), and proactively shares knowledge to significantly increase depth of knowledge within the Monitoring team
Challenges the status quo: Critically evaluates existing policies and procedures, and practices and proposes innovative solutions to enhance effectiveness and address emerging challenges
Contributes to rule optimization: Actively monitors compliance alerts to identify trends and areas for improvement in the rule library ensuring it remains relevant and effective

Projects

Leads and collaborates on projects: Takes ownership of medium-sized projects of moderate complexity to achieve project goals and deliver impactful outcomes
Assesses the impact of change:  Evaluates the implications of regulatory changes, new investment strategies, products and derivative instruments on compliance processes and contributes to the development of impactful solutions
Develops clear and comprehensive documentation: Develops user-friendly documentation, procedures and process controls to ensure clarity, consistency and transparency  

Typical Qualifications

Bachelor's degree or the equivalent combination of education and relevant experience AND
5+ years of total relevant work experience
Experience with Trading/IBOR/OMS systems, specifically with knowledge of Charles River Compliance System (CRD) or comparable compliance platform
Practical understanding of investment security types (e.g. stocks, bonds, derivatives)

Preferred Qualifications

Proven analytical skills within the area of investment compliance or a related field
Strong customer service orientation
Ability to adapt and thrive in a dynamic environment with evolving priorities.
Ability to thrive in a trading related atmosphere
Strong research, problem-solving, and organizational skills; proficient in handling multiple tasks simultaneously
Strong organizational skills; proficient in handling multiple tasks simultaneously
Strong research and problem-solving skills

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.