Senior Legal Counsel

T. Rowe Price

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premierassetmanagerfocused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.

POSITION PURPOSE

The successful candidate will be primarily responsible for matters relating to T. Rowe Price’s business operations in EMEA and Latin America. The incumbent should expect a wide variety of predominantly asset management assignments and therefore should have good knowledge of the buy-side investment management industry. In particular, the incumbent should be familiar with institutional client legal work, for example drafting and negotiating investment management agreements and related documentation. The incumbent will support the Distribution and Client Account Management teams with the onboarding of separate account and strategic partner clients. The incumbent may also be required to support on regulatory change and other strategic business projects.

• Lead attorney supporting Distribution, Client Account Management and Product teams with the onboarding and ongoing servicing of institutional and strategic partner clients throughout the lifecycle of the client relationship.
• Reviews and negotiates investment management agreements and related documentation from start to finish, working closely with key stakeholders to identify and mitigate legal, regulatory and commercial risk. Crafts legal solutions, balancing internal and external stakeholder interests with the risks of adverse legal actions, revenue loss, or reputational damage to the relevant T. Rowe Price entity. Reviews and negotiates general contracts (not directly related to separate account clients or funds) as needed.
• Support internal business partners with ad hoc client and regulatory queries, including assisting the RFP, Investment Specialist and Distribution teams with client due diligence questions.
• Undertakes complex legal and regulatory projects. Working closely with Compliance colleagues, covering areas related to regulatory consultations, policy statements and other regulatory guidance. Undertaking impact analysis and advising on possible solutions aligned to firm risk tolerances.
• Legal research and provision of advice to business partners on a range on investment management-related matters.
• Liaising with external legal counsel on complex project issues or for bespoke jurisdictional guidance as needed; including budget management.
• Working closely with Legal colleagues in London, Luxembourg, the US and APAC as needed. Providing guidance and mentoring to junior legal counsels and paralegals.

PERSONAL ATTRIBUTES / SKILLS / QUALIFICATIONS

Required:

• Professional qualification as a solicitor of England and Wales, or an equivalent jurisdiction, with a demonstrable interest in the financial services industry.
• Strong commercial experience gained in private practice and/or relevant in-house Legal department.
• Demonstrable experience in drafting, review and negotiation of investment management agreements, asset management-related documentation and commercial contracts.
• Excellent written and oral skills.
• Attention to detail and ability to work on complex projects, under tight timeframes and meet deadlines.
• Ability to interact with a diverse group of internal and external contacts.
• A collaborative team player who can work independently as well.

Preferred:

• Knowledge of UK/Luxembourg-domiciled funds and related regulatory frameworks.
• German or Danish language skills.
• Experience in ESG and European sustainable finance regulation.
• Commercially aware and attuned to the needs of a global business.

Commitment to Diversity, Equity, and Inclusion:

We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.

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, colour, 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. About Us T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on-now, and over the long term.