Full-Time
Senior Investment Compliance Manager
T. Rowe Price
10,001+ employees
Global asset manager offering retirement solutions
Compensation Overview
$110k - $236k/yr
No H1B Sponsorship
Baltimore, MD, USA
Hybrid
Up to one day per week may be worked from home.
Bachelor's
 Finance & Banking (1) |
|---|
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- A bachelor's degree or equivalent combination of education and relevant experience is required.
- At least 8 years of total relevant work experience is required.
- Lead the execution and oversight of pre-trade, post-trade, and batch compliance monitoring activities within Charles River (CRD).
- Serve as a subject matter expert and advisor on complex compliance guideline interpretations, partnering with Trading, Investment, Client, Legal, Risk, and Operations stakeholders.
- Own the governance and risk assessment of manual monitoring processes, including prioritization of automation opportunities to improve scalability, control effectiveness, and operational efficiency.
- Manage the identification, escalation, and resolution of compliance violations, including analysis of systemic issues and guidance on remediation.
- Partner with Investment Compliance Implementation to refine and improve the firm's rule library and monitoring framework.
- Partner with Investment Compliance Business Solutions to identify and implement solutions that mitigate risk and address process inefficiencies.
- Provide leadership and oversight of Monitoring contributions to Global Client Investment Reporting.
- Lead automation and innovation initiatives, including enhancements and artificial intelligence-enabled tools that improve monitoring accuracy, consistency, and efficiency.
- Drive the strategic roadmap for process improvement and rule optimization using trend analysis and data-driven insights.
- Lead complex, cross-functional initiatives affecting Monitoring, including system enhancements, regulatory implementation, and operating model changes.
- Direct responses to regulatory changes and new investment products to ensure appropriate monitoring coverage and ongoing compliance readiness.
- Establish standards for documentation, procedures, and control design to support consistency, governance, and audit readiness.
- Lead and develop team members by setting performance expectations, strengthening team capability, and supporting talent development and succession planning.
- Provide oversight of outsourced monitoring activities, including vendor performance reviews, issue remediation, and support for vendor-related due diligence as needed.
- Drive alignment across global teams to ensure consistency in monitoring practices, governance standards, and execution.
- Experience with trading, order management, and compliance systems, specifically Charles River or similar platforms.
- Strong understanding of investment products, including equities, fixed income, and derivatives.
- Experience leading teams or functional areas within Investment Compliance.
- Demonstrated ability to lead complex cross-functional initiatives and drive process transformation in a risk-controlled environment.
- Strong analytical, research, and problem-solving skills, with the ability to interpret complex issues and identify practical solutions.
- Strong attention to detail, sound judgment, and the ability to adapt and lead effectively in a dynamic, trading-related environment.
- Strong interpersonal, written, and verbal communication skills, with the ability to influence and collaborate effectively across stakeholders.
T. Rowe Price provides investment management and retirement solutions to individual investors, financial intermediaries, and institutions worldwide. It manages client assets through a disciplined, research-driven investment process and offers a range of strategies and products designed for long-term value. Clients pay management fees based on assets under management, with total assets under management around $1.569 trillion as of June 30, 2024. The company differentiates itself by its global research capabilities, experienced investment teams, and broad client base, enabling tailored solutions for personal accounts, retirement plans, and institutional clients. Its goal is to help clients reach their financial objectives by growing and preserving capital over the long term through diversified investment strategies.
Company Size
10,001+
Company Stage
IPO
Headquarters
Baltimore, Maryland
Founded
1937
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Simplify's Take
What believers are saying
- Q2 2026 revenue reached $1.91 billion, and adjusted EPS beat estimates at $2.57.
- Active ETFs delivered $4.4 billion inflows in Q2 2026, validating product expansion.
- Alternatives, fixed income, and integrated strategies generated inflows, offsetting traditional equity weakness.
What critics are saying
- Q2 2026 net outflows hit $6.5 billion; management expects worse second half.
- Active equity remains under pressure, and fee rate fell to 38.1 basis points.
- If passive migration persists, T. Rowe Price’s mutual-fund franchise erodes into a shrinking legacy business.
What makes T. Rowe Price unique
- Rob Sharps is pairing $1.9 trillion scale with integrated, low-tracking-error strategies.
- T. Rowe Price runs 34 ETFs and $30 billion AUM after July 2026 launches.
- Andrew Brickman joined July 2026 to expand EMEA ETF distribution from London.
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Benefits
Paid Volunteer Time
Parental Leave
Learning & Growth Resources
Matching Charitable Gifts
Health Care Benefits
Generous Retirement Plan
Company News
T. Rowe Price reported second-quarter revenue of $1.91 billion, missing analyst estimates of $1.93 billion, while adjusted earnings per share of $2.57 beat expectations of $2.52. The results sparked negative market reaction due to persistent outflows in active equity products and ongoing fee pressure. CEO Rob Sharps described the active equity environment as "under pressure" and said challenges will likely continue as clients migrate toward lower-fee vehicles. Certain areas showed positive inflows, including integrated strategies and active ETFs. Management addressed analyst concerns about fee compression, noting potential future mergers and acquisitions if strategically aligned. The firm is investing in digital assets and tokenization as long-term opportunities. CFO Jen Dardis said the company will balance strategic investments with cost control, leveraging AI and automation to maintain low single-digit controllable expense growth.
Retirement industry people moves - 8/7/2026. Cornerstone Research names Bryan Ricchetti CEO; Franklin Templeton expands global client group leadership; The Standard names Tony McMasters regional VP for retirement plans; and more. Reported by 401Go adds CFO, CRO. 401Go Inc. appointed Brad Sawaya as chief financial officer and Marc Jacobs as chief revenue officer as the retirement plan provider looks to scale up following a $33 million Series B funding round. According to the Sandy, Utah-based company, it has surpassed 6,000 retirement plans on its platform, and the firm is adding financial and commercial leadership to support its next stage of growth. Sawaya brings more than 15 years of finance experience and most recently was CFO of BillingPlatform after earlier roles at General Electric, VMware, EMC and Ernst & Young. Jacobs has more than 20 years of go-to-market experience, including leadership roles at Greenhouse, CB Insights, Spring Health, Freshpaint and CHEQ. At 401Go, Jacobs will work to expand the company's reach among financial advisers, plan sponsors, payroll providers and human resources teams, while Sawaya will focus on building the financial foundation for continued expansion. Cornerstone Research names Bryan Ricchetti CEO. Cornerstone Research Inc. named Bryan Ricchetti CEO, completing a planned leadership transition in which he succeeds Rahul Guha. Ricchetti and Guha co-led key operational initiatives during a year-long transition, and Guha will remain with the economic and financial consulting firm as a senior adviser, according to a company statement. Ricchetti has more than two decades of economic consulting experience and previously served four years on Cornerstone's board, led its antitrust practice for eight years and headed its economics practice for two years. He also helped expand the firm's Chicago office to more than 150 people from 10. Under his leadership as CEO, Ricchetti said Cornerstone will continue investing in talent and its network of academic experts while advancing technologies, artificial intelligence capabilities and analytical methods used in law and economics. The Standard names Tony McMasters regional VP for retirement plans. The Standard Insurance Co. hired Tony McMasters as a regional vice president in its retirement plans business, where he will work with advisers, plan sponsors and third-party administrators in eastern Pennsylvania. McMasters has more than 35 years of retirement industry experience and most recently served as a regional vice president at Voya. McMasters' career includes leadership positions in retirement plan sales and benefits consulting. Franklin Templeton expands Global Client Group leadership. Franklin Templeton expanded its global client group leadership, naming Elizabeth "Liz" Hogbin head of global product and Rene Buehlmann head of Asia-Pacific, while moving Patrick O'Connor from head of global ETFs to vice chair of the Global Client Group. The changes come as the asset manager seeks to accelerate its exchange-traded-fund business, unify its global product organization and deepen its Asia-Pacific presence, according to a firm statement. Franklin Templeton also stated it has generated $63.4 billion in net inflows for the fiscal year to date. Hogbin, who joins from T. Rowe Price, will take the newly consolidated global product role on September 30 and oversee product strategy, development, positioning and commercialization. Buehlmann, a former global CEO of Aberdeen Investments who spent nearly three decades at UBS, becomes the head of business in Asia-Pacific on September 21. O'Connor, who helped grow Franklin Templeton's ETF business to more than $75 billion in assets, will advise global client group leadership on investment solutions, innovation and expansion, initially focusing on ETF growth across several Asian markets.
Apostle poaches Bennelong distribution chief. Reading Time: 2 mins read Fresh from announcing a new chief executive, Apostle Funds Management has looked to Bennelong for a new distribution head. Last week, it was announced that Apostle had appointed Jeff Peters, formerly chief executive of Platinum Asset Management, as its newest chief executive. As Apostle CEO, Peters will lead the day-to-day management of Apostle, working closely with the board, clients and investment partners to execute the firm's long-term strategy, strengthen its organisational capability and support the ongoing development of its investment offering. Continuing its growth, the fund manager has now appointed Jonas Daly as head of distribution for its national distribution capabilities for institutional and wholesale investors. "As head of distribution, he will lead Apostle's national distribution team and oversee the firm's institutional and wholesale distribution strategy, working closely with clients and partners to support the continued expansion of Apostle's investment offering," the firm said in a statement. Daly spent 11 years at Bennelong, most recently as chief of distribution and marketing where he played a key role in expanding the firm's distribution capability and supporting the growth of its affiliated investment managers. Prior to this, he worked in business development roles at Colonial First State and BT Funds Management. His role will commence on 5 August, working alongside Lisa Walker who recently joined the firm as investor relations manager for institutional clients. Walker joins from T. Rowe Price where she was a client relationship analyst and also spent six years at Yarra Capital Management as an institutional client relationship manager. Executive chair, Karyn West, said the appointments reflected Apostle's commitment to investing in experienced people as the business continued to evolve. "Strong investment businesses are built on the quality of their people and the long-term relationships they develop with clients. Jonas brings deep distribution expertise and longstanding industry relationships that will further strengthen its institutional and wholesale distribution capabilities. "Together with Lisa's extensive investor relations experience, these appointments reinforce our commitment to exceptional client service and building long-term partnerships." Founded in 2008, Apostle currently has $6.7 billion in funds under management (FUM) in its current fund range as well as eight funds from its partners across property equity, credit, equities, venture capital and infrastructure.
T. Rowe Price reported second-quarter revenue of $1.91 billion, up 10.7% year-over-year, slightly missing the consensus estimate of $1.92 billion. Earnings per share reached $2.57, beating expectations of $2.52 and up from $2.24 in the prior-year quarter. Assets under management stood at $919.40 billion for equities, $690 billion for multi-asset, and $61.70 billion for alternatives, largely in line with analyst estimates. The firm experienced equity outflows of $13.50 billion, better than the estimated $16.02 billion. Investment advisory fees rose 11.3% to $1.74 billion, whilst multi-asset advisory fees climbed 16.1% to $529.5 million. Administrative and servicing fees declined 3.7% to $144.2 million.
Israeli semiconductor company Xsight Labs has raised more than $300 million at a $2.8 billion valuation, over five times its 2021 valuation of $500 million. The round was led by Fidelity Management & Research Company, with participation from Atreides Management, Artisan Partners, Battery Ventures, Intel Capital, T. Rowe Price, and Valor Equity Partners. Founded in 2017, Xsight Labs develops high-performance connectivity chips for AI and cloud computing infrastructure. Its E1 Data Processing Unit and X2 Ethernet switch have been selected by global network operators, including SpaceX's Starlink, and are being evaluated by Tier-1 hyperscalers. The company will use the funding to accelerate product development, expand teams across Israel, the US, Europe, and Asia, and scale manufacturing operations. Xsight has now raised over $450 million across four funding rounds.