Analyst, Investment Compliance Services and Regulatory Reporting

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 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:

• Collaborates on projects: Actively participates in 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 

Qualifications

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 2+ years of total relevant work experience
• Practical understanding of investment security types (e.g. stocks, bonds, derivatives)

Preferred:

• Experience with Trading/IBOR/OMS systems, specifically with knowledge of Charles River Compliance System (CRD) or comparable compliance platform such as Aladdin or Bloomberg
• Proven analytical skills within the area of investment compliance or a related field
• Strong attention to detail; commitment to quality
• Strong customer service orientation
• Strong interpersonal skills; effective written and oral communications
• Ability to adapt and thrive in a dynamic environment with evolving priorities.
• Ability to thrive in a trading related atmosphere
• Strong organizational skills; proficient in handling multiple tasks simultaneously
• Strong research and problem-solving skills

• Team Player

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 one day per week from home.