Sr. Analyst, Regulatory Advisory Compliance Reporting

Requisition Number: 74940

Position Title:

External Description:

Role Summary

Legal Compliance Firm Ownership (LCFO) is responsible for critical firm functions related to the beneficial ownership monitoring for trading compliance support and global regulatory reporting. The LCFO team closely monitors firm and entity level aggregate ownership in equity securities to ensure compliance with various federal, state, and global regulatory limits and requirements, individual corporate-imposed ownership levels (e.g., shareholder rights plans) and internal risk management policies and practices. The team is broken down into 2 functions: Trade Desk Monitoring and Regulatory Filings.

This position sits within the Trade Desk Monitoring team which plays a crucial role in reviewing investment activities as it relates to beneficial ownership compliance restrictions coded into the firm’s investment compliance monitoring system, Charles River (CRD).

The Legal Compliance Firm Ownership Senior Analyst collaborates with, and provides information to a diverse range of stakeholders, including TRPA and TPRIM trading personnel, legal counsel, and other internal and external partners.  The analyst also participates in and manages projects assigned by the Legal Compliance Firm Ownership team.

Responsibilities

• Communicate effectively through direct interaction with Trading, Investment, and Legal associates, demonstrating a strong understanding of global compliance requirements

• Provide support to TRPA and TPRIM trade desks by monitoring and managing beneficial. ownership CRD compliance alerts which include 3 CRD rule sets (TRPALL, TRPA, and TRPIM).

• Analyze pre-trade, post-trade and batch compliance alerts in CRD to assess permissibility.  When necessary, liaise with trading, legal, and/or investment personnel by assisting with interpretation of guidelines.

• Conduct company reviews of regulatory filings (e.g. 10-K, S1, 8-K, etc.) and partner with Legal to determine relevant ownership limits for each security based on certain review thresholds.

• Responsible for setting and maintaining TRPALL, TPRA, and TRPIM ownership limitations in CRD and the Aggregate Ownership tool.

• Responsible for maintenance of the Aggregate Ownership tool which is a data source that feeds to several trading dependent production systems including LENS, Trading Capacity Tool, and Risk tool.

• Oversee and manage manual process items not coded into CRD or the Aggregate Ownership Tool.

• Maintain TRPA and TRPIM restricted lists in CRD and Control Room.

• Act as a beneficial ownership resource for internal partners (TRPA and TPRIM Trading Desk & ITS, Risk, LCE, Capital Markets Team, RFP, global compliance teams).

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 processes, integrate new compliance functionality and leverage data as a result of system upgrades

• Partners closely with technology team to automate and enhance manual processes

• Fosters knowledge sharing and collaboration: Develops deep knowledge in the Charles River system, Aggregate Ownership Tool, or other compliance monitoring system(s), and proactively shares knowledge to significantly increase depth of knowledge within the Monitoring team

• 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

• Leads and collaborates on projects: Takes ownership of 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 user-friendly documentation, procedures and process controls to ensure clarity, consistency and transparency  

• Support new product initiatives by incorporating beneficial ownership monitoring requirements

Qualifications

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND

• 5+ years of total relevant work experience

Preferred:

• Experience with Trading/IBOR/OMS systems, specifically with knowledge of Charles River Compliance System (CRD) or comparable compliance platform

• Practical understanding of investment security types (e.g. stocks, bonds, derivatives)

• Proven analytical skills within the area of compliance or a related field

• Strong customer service orientation

• Ability to adapt and thrive in a dynamic environment with evolving priorities

• Strong research, problem-solving, and organizational skills; proficient in handling multiple tasks simultaneously

• Ability to build positive relationships with individuals at all levels

• Ability to work under pressure and produce results without close supervision

• Ability to work independently and apply sound decision-making skills

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 two days per week from home.

*Please note: The work schedule for the position is as follows:

• Owings Mills Campus, MD: Monday - Friday, 9:30 am to 5:30 pm

• Colorado Springs, CO: Monday - Friday, 7:30 am to 4:30 pm

City:

State:

Community / Marketing Title: Sr. Analyst, Regulatory Advisory Compliance Reporting

Company Profile:

Location_formattedLocationLong: Maryland, US

CountryEEOText_Description: 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. Benefits: We invest in our people through a wide range of programs and benefits, including: • Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions • Flexible and remote work opportunities • Health care benefits (medical, dental, vision) • Tuition assistance • Wellness programs (fitness reimbursement, Employee Assistance Program) Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering. 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, color, 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.