Senior Counsel – U.S. Registered Funds & Subadvised

T. Rowe Price; Owings Mills (MD); Hybrid; USD 174,000 - 297,000; Full time

Benefits offered by this job

Competitive pay

Annual bonus

Retirement plan

Hybrid work

Wellness benefits

Paid time off

Family benefits

Job summary

T. Rowe Price is seeking an experienced Managing Legal Counsel to support its U.S. registered funds platform, with a focus on subadvised funds.

You will advise on regulatory matters, governance materials, onboarding clients, and coordinating with Legal, Compliance, Investments, and Operations. The ideal candidate has a J.D., active U.S. bar, 10+ years of legal experience in financial services, and proven success advising registered investment companies.

Qualifications

• J.D. and active bar status in MD or another state.
• At least 10+ years of relevant legal experience.
• Significant experience advising registered investment companies or financial services.
• Strong knowledge of federal securities laws including IC Act and Advisers Act.

Responsibilities

• Serve as primary legal advisor for subadvised registered fund clients and strategies.
• Provide counsel on formation, registration, governance, and ongoing maintenance of funds.
• Advise business partners on fund-related matters and regulatory considerations.
• Consult on matters related to the Investment Company Act, Securities Act, and SEC rules.
• Lead negotiation and interpretation of investment management agreements and related docs.
• Identify legal risks and align solutions with firm standards and regulatory requirements.
• Support preparation of regulatory filings, board materials, and disclosures.
• Collaborate with Product, Investments, Capital Markets, Trading, Distribution, Operations, Compliance, and Risk.

Skills

Strong communication

Relationship management

Cross-functional collaboration

Analytical thinking

Education

Juris Doctor (J.D.)

Job description

T. Rowe Price is seeking an experienced Managing Legal Counsel to support its U.S. registered funds platform, with a focus on subadvised funds.

You will advise on regulatory matters, governance materials, onboarding clients, and coordinating with Legal, Compliance, Investments, and Operations. The ideal candidate has a J.D., active U.S. bar, 10+ years of legal experience in financial services, and proven success advising registered investment companies.