What are the responsibilities and job description for the Manager, Legal Analyst Corporate Governance position at T. Rowe Price?
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.
About this Position
The individual serving in this role will manage corporate governance matters for, and will serve as Assistant Secretary of, several of the firm’s North America subsidiary entities, the T. Rowe Price Foundation, Inc. and T. Rowe Price Program for Charitable, Inc. The individual will be primarily responsible for ensuring compliance with entity organizational documents, applicable state/federal laws, T. Rowe Price policies, and departmental and team established processes and procedures. This role and team are based in our T. Rowe Price Owings Mills complex in Owings Mills, Maryland. The individual in this role will also need to periodically travel to our corporate headquarters at Harbor Point in Baltimore, Maryland for meetings hosted there.
Role Summary
Under general supervision of the Managing Legal Counsel, the individual implements the governance model and conducts corporate secretarial activities for several of the firm’s subsidiary and independent, non-profit entities. The individual will monitor subsidiary actions to ensure they align with T. Rowe Price’s strategy and core values, and are in the best interests of the firm. The individual will join the firm’s Corporate and Funds Administration team and will work closely with inhouse attorneys as well as internal and external stakeholders to support corporate governance and board meeting administration for such entities. The individual will oversee the execution of all board and committee meetings; facilitate director onboarding/offboarding procedures; draft board meeting minutes and materials; analyze corporate and board governance matters and requests and provide regulatory or corporate recommendations or solutions, as needed; and serve as the primary liaison between legal counsel, board members, and management.
Responsibilities
- Responsible for ensuring that the entities and boards of directors meet applicable governance requirements. Regularly monitors, researches, and analyzes requirements under applicable statutes and regulations. Focus will be primarily subsidiaries domiciled in Maryland.
- Drafts, revises, and maintains all corporate governance, board meeting, and entity organizational documents (transactional records, board meeting minutes and resolutions, charters, bylaws, director’s manuals, etc.).
- Serves as the official record keeper of all corporate records and ensures such records are accurate, complete and properly secured in accordance with team’s procedures.
- Ensures meetings involving the boards of directors, board committees, and/or shareholders are correctly planned, coordinated, managed and documented. Supports various business units to facilitate the delivery of board materials on-time and in an appropriate format. Monitors the tabulation of voting results and records decisions. Assists with onboarding and continuing education of directors on director’s duties and responsibilities.
- Oversees communication and coordination of board-related information and serves as the primary liaison between legal counsel, the board and other business units. Communicates with internal and external legal counsel and independent auditors.
- Maintains comprehensive understanding of corporate governance regulations, practices and policies. Builds in-depth expertise by staying well-informed of corporate governance trends and best practices in the industry.
- Supports strategic initiatives by identifying potential conflicts, risks, or compliance issues and recommends corrective and preventive measures to ensure transactions are accurately executed, reported, and recorded.
Qualifications
Required:
- Bachelor's degree or the equivalent combination of education and relevant experience AND
- 5 years of total relevant work experience
Preferred:
- Excellent written and verbal communication skills, including ability to draft board minutes and resolutions.
- Must be a detail-oriented, well-organized, critical thinker with strong analytical skills, who is able to manage multiple tasks effectively and work consistently to established deadlines.
- Be able to work independently but also highly collaborative with strong interpersonal skills and the ability to work effectively with team members and with individuals across all levels of the organization, including executive management.
- Experience using document management systems to organize and distribute board materials and entity management platforms (ex. Diligent Boards, and Diligent Entities), a good working knowledge of standard office technology and equipment, and general office procedures.
- 5 years’ work experience in a similar role.
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.
Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).
Base Salary Ranges
Please review the job posting for the location of this specific opportunity.
$94,500.00 - $161,000.00 for the location of: Maryland, Colorado, Washington and remote workers$103,000.00 - $177,000.00 for the location of: Washington, D.C.
$117,000.00 - $201,000.00 for the location of: New York, California
Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.
Commitment to Diversity, Equity, and Inclusion
At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.
Benefits
We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.
Featured employee benefits to enrich your life:
- Competitive compensation
- Annual bonus eligibility
- A generous retirement plan
- Hybrid work schedule
- Health and wellness benefits, including online therapy
- Paid time off for vacation, illness, medical appointments, and volunteering days
- Family care resources, including fertility and adoption benefits
Learn more about our benefits.
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.
Salary : $94,500 - $161,000
