Senior Global Litigation Counsel (Hybrid)

T. Rowe Price; Owings Mills (MD); Hybrid; USD 174,000 - 350,000; Full time

Job summary

T. Rowe Price, a premier global asset management firm based in the United States, seeks a Managing Legal Counsel – Litigation to lead our global litigation and dispute resolution practice from our Baltimore area offices.

You will guide strategy, manage outside counsel, and advise on regulatory matters impacting asset management. The role emphasizes collaboration with Compliance, Risk, Internal Audit, Technology, and HR, with hybrid work flexibility and opportunities to influence senior

Qualifications

• Juris Doctor from an accredited law school.
• Active membership in at least one U.S. state bar and ability to become admitted in Maryland.
• 10+ years of litigation experience, including substantial responsibility for complex commercial litigation, regulatory investigations, or enforcement matters.
• Demonstrated experience managing outside counsel and litigation budgets.

Responsibilities

• Lead the Company’s global litigation and dispute resolution function, overseeing all litigation, arbitration, mediation, regulatory investigations, subpoena responses, and other contentious matters involving T. Rowe Price, its subsidiaries, affiliates, and sponsored investment products.
• Develop and execute litigation strategies in partnership with business leaders and outside counsel, balancing legal, financial, operational, regulatory, and reputational considerations.
• Advise senior management and business stakeholders regarding litigation exposures, emerging legal risks, settlement opportunities, and dispute avoidance strategies.
• Direct all aspects of outside counsel management, including selection, retention, performance oversight, budgeting, staffing, and evaluation of legal service providers.
• Manage responses to subpoenas, regulatory examinations, investigations, inquiries, and enforcement matters involving regulators such as the SEC, FINRA, Department of Labor, state regulators, and foreign regulatory authorities.
• Partner with business, Compliance, Risk, Internal Audit, Technology, Human Resources, and other control functions to investigate issues, preserve evidence, respond to discovery obligations, and implement corrective actions where appropriate.
• Provide legal support for disputes involving investment products, fiduciary obligations, securities law issues, employment matters, commercial contracts, intellectual property, privacy, cybersecurity, and other enterprise risks.
• Develop and oversee litigation reserves, budgets, reporting processes, and key performance metrics related to dispute management.
• Present significant litigation developments and risk assessments to senior executives, management committees, and, as necessary, the Board of Directors and its committees.
• Monitor legal and regulatory developments affecting the asset management industry and advise stakeholders regarding potential impacts on T. Rowe Price’s business, products, and operations.
• Lead, mentor, and develop attorneys and legal professionals supporting litigation and investigation matters.
• Promote efficient litigation management practices, including e-discovery, records preservation, legal operations, and alternative dispute resolution initiatives.
• Serve as the Company’s primary escalation point for significant litigation and investigation matters and establish enterprise-wide litigation management standards, reporting protocols, and best practices.

Skills

Litigation management

Budget management

Stakeholder management

Negotiation

Strategic judgment

Written advocacy

Regulatory experience

Education

Juris Doctor

Job description

T. Rowe Price, a premier global asset management firm based in the United States, seeks a Managing Legal Counsel – Litigation to lead our global litigation and dispute resolution practice from our Baltimore area offices.

You will guide strategy, manage outside counsel, and advise on regulatory matters impacting asset management. The role emphasizes collaboration with Compliance, Risk, Internal Audit, Technology, and HR, with hybrid work flexibility and opportunities to influence senior