Investment Compliance Associate, Monitoring

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.

We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.

Join us for the opportunity to grow and make a difference in ways that matter to you.

Global Investment Compliance (GIO) 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.

• 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
• Communicate effectively through direct interaction with Trading, Investment, Client and Legal associates.
• Monitors and manages manual processes items not coded into CRD.
• Identify and escalation potential compliance violations, data issues, process questions, or unusual alert activity in a timely manner, and participates in the violation resolution process.
• Actively participates in the Global Client Investment Reporting (GCIR) process.
• Develop a working understanding of investment strategies, security types, derivatives, and compliance monitoring concepts relevant to assigned coverage.
• Maintain organized records of alert reviews, research, decisions, and escalations in accordance with team expectations and procedural requirements.

• 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, and supports the integration of new compliance functionality.
• Builds system and process knowledge:
  Develops knowledge of Charles River or comparable compliance monitoring systems and applies that knowledge to daily monitoring responsibilities.
• 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.

• Participates in team projects or initiatives under the direction of senior associates or managers.
• Supports research, analysis, testing, documentation, or implementation activities related to new or changing compliance…