Investment Compliance Implementation - Senior Analyst (Finance)

About this Position

Investment Compliance is a dedicated function supporting global asset management processes by ensuring compliance with regulatory, prospectus, client-directed, and internal investment and operational restrictions for all T. Rowe Price portfolios. This position sits within the Implementation team, which is responsible for the onboarding of new accounts and products, oversight of amendments to existing accounts, and programming of all restrictions into the firm's investment compliance monitoring system, Charles River. We are committed to continuous improvement and innovation in our processes and are in search of candidates who are passionate about contributing to the growth of our operations.

Role Summary

The Investment Compliance Officer identifies, interprets, and programs restrictions into the Charles River compliance system to support automated compliance testing across all portfolios managed by T. Rowe Price. This growth-oriented role involves consulting with and providing information to investment personnel, attorneys, client operations managers and other internal and external parties. The Investment Compliance Officer also proactively assesses the impacts of regulatory changes, new investment strategies, and data changes on the rule library and manages projects assigned by the Lead Manager and/or the Investment Compliance management team.

Responsibilities

• Onboarding new accounts, amending existing client documentation, and coding using Charles River.
• Liaising with client operations and/or product teams on new accounts or changes for existing clients to provide compliance feedback, manage priorities, and meet inception deadlines.
• Reviewing investment restrictions in proposed new account documentation and guideline amendment language to ensure coding ability in the compliance system, clarifying intent when needed.
• Programming logic-based rules in Charles River to effectively monitor client and regulatory requirements collaboratively with investment staff to ensure rule coding aligns with client/regulatory requirements and the investment strategy of each portfolio.
• Performing quality assurance testing and review of rules programmed by other team members.
• Evaluating compliance system functionality and available data elements to determine how restrictions can be captured in the compliance systems.
• Providing creative coding solutions and alternatives to capture complex requirements.
• Assessing impacts of code changes and testing restrictions to ensure they function as intended, and escalating any operational roadblocks or risks in new client requirements to management.

Process Improvement:

• Proactively identifying process improvement opportunities and working to reduce risk by seeking ways to make coding more accurate, concise, and efficient
• Recommending ways to automate manual rules and/or implement additional compliance functionality and data due to system upgrades
• Developing subject matter expertise and proactively sharing expert knowledge of the Charles River system, or other investment compliance monitoring system(s), to significantly increase depth of knowledge within the Implementation team
• Challenging the status quo of policies and procedures, existing thinking, and offering new solutions
• Assisting in the continued optimization of the rule library

Projects:

• Prioritizing, organizing, and overseeing complex projects from internal and external customer groups.
• Assessing the comprehensive impacts of regulatory changes, new investment strategies, products and derivative instruments on the rule library.
• Developing project plans for Implementation team personnel to implement changes.
• Communicating rule changes and resulting impacts to internal and external customers ensuring changes are appropriately documented.
• Developing appropriate documentation, procedures, and process controls.

Qualifications

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 5+ years of total relevant work experience

Preferred:

• Proven analytical skills within the area of investment compliance or a related field
• Strong attention to detail; commitment to improvement and quality
• Strong customer service orientation
• Strong interpersonal skills; effective written and oral communications
• Ability to work under pressure with a high level of determination
• Strong organizational skills; proficient in handling multiple tasks simultaneously
• Strong research and problem-solving skills
• Dedicated team player who is committed to growth and learning

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 one day per week from home.

Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$85,000.00 - $145,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$93,500.00 - $159,000.00 for the location of: Washington, D.C.
$106,000.00 - $181,000.00 for the location of: New York, California

Placement within the range provided above is based on the individual's relevant experience and skills for the role.  Base salary is only one component of our total compensation package.  Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all. 

Benefits

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, color, 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.