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Job Description
Login or Register Home Daily Jobs Post A Job Employers Create A Company Post A Free Job Post A Featured Job Search Resumes Job Seekers Dashboard Create A Resume Pricing Senior Legal Counsel A Global Investment Management Firm 41 minutes ago Owings Mills, MD 8+ Years Full Time 81827 145,000 - 309,000 / Yearly Not Specified Share on Apply now
Description:
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 Senior Legal Counsel will support the firm's alternative investments platform by providing legal advice and guidance across private funds, alternative investment products, and related advisory activities. This role may involve supporting the structuring, launch, offering, governance, and ongoing operation of alternative investment vehicles and related mandates, including private equity, private credit, CLOs, and other private market strategies. Responsibilities include drafting and negotiating fund documents, side letters, subscription and investment management documentation, separately managed account and funds-of-one arrangements, and other strategic commercial agreements; advising on regulatory and compliance matters affecting private fund advisers and investment advisers; analyzing new laws and regulatory developments and advising on their impact; and partnering with business, compliance, risk, tax, operations, and other legal colleagues on strategic initiatives and complex legal issues affecting the alternative investments business.
Role Summary:
Requires specialized knowledge and expertise in their own job discipline and experience in integrating related disciplinary knowledge Supports a discipline or cross-functional program of notable risk; uses sophisticated analytical thought to identify innovative solutions Accountable for work of self and others; sets standards around which others will operate Works independently, with guidance in complex situations Acts as adviser to management and key external stakeholders on broad ranging projects
Responsibilities:
Provides day-to-day legal support to the alternative investments business, including advising on the formation, structuring, offering, governance, and ongoing maintenance of private funds and related products. Drafts, reviews, and negotiates fund documentation, side letters, subscription materials, investment management agreements, distribution-related agreements, and other related agreements, while balancing legal, regulatory, operational, and reputational risk. Partners closely with others on the legal team, compliance, risk, operations, finance, tax, investor relations, and business leadership to develop practical legal solutions for complex issues affecting alternative investment products and advisory activities. Coordinates with internal and external counsel on matters involving the Investment Advisers Act of 1940, private fund requirements, offering and disclosure matters, and other applicable U.S. and non-U.S. regulatory regimes. Maintains deep knowledge of alternative investment structures, products, and strategies, as well as the regulatory frameworks applicable to private fund sponsors and investment advisers. Monitors legal and regulatory developments affecting private funds, preferential treatment and side letter practices, disclosure obligations, fund governance, and adviser compliance obligations, and translates those developments into actionable guidance for the business. Handles a portfolio of moderate to highly complex legal matters relevant to alternative investments, including private fund launches, amendments to existing vehicles, investor negotiations, product development initiatives, and strategic business projects. Serves as a trusted adviser to internal stakeholders on issues requiring sound judgment, strong drafting skills, and commercial pragmatism.
Qualifications:
Required:
Law degree from an accredited School of Law and admission to the MD State Bar or another state bar, plus at least 8+ years of total relevant legal experience Experience working in or for a regulated financial institution, investment manager, private fund sponsor, or law firm supporting asset management or alternative investments, with familiarity with relevant federal securities and investment adviser regulatory frameworks
