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ERISA Legal Counsel

T. Rowe Price

in Owings Mills MD

PRIMARY PURPOSE OF THE POSITION

Legal Counsel, ERISA provides support of T. Rowe Price Retirement Plan Services, Inc. (RPS) and T. Rowe Price Trust Company, Inc. to negotiate agreements and other legal documents with existing and prospective clients of the aforementioned business units.  The incumbent will work under minimal supervision to resolve appropriate inquiries from the Sales and Relationship Management areas of RPS by conducting legal research, analyzing findings, and making recommendations to the business units to support their decision making process.  The incumbent will use his or her knowledge of the T. Rowe Price businesses to understand intersections with other legal areas, and will independently coordinate with team members (Senior Legal Counsel and Managing Counsel) as well as attorneys in other groups to insure that comprehensive counsel is provided to the business on requested topics. In performing responsibilities, incumbent will work independently with the business units to discuss legal issues and interact with regulators, clients, Senior Legal Counsel, and Managing Counsel, as required.

PRINCIPAL RESPONSIBILITIES

  • Drafts and negotiates legal documents with clients, prospective clients and other third parties, including recordkeeping agreements, trust documents, letters of understanding, nondisclosure agreements, data security agreements, trading agreements, communications, and other materials to ensure compliance with applicable laws and regulations, and to mitigate legal risk to the firm.
  • Provides material assistance to RPS Sales in responding to requests for proposals, requests for information, sales meetings, and communications with prospective clients.
  • Analyzes and researches complex retirement plan related legal matters with impacts to RPS and the firm; presents to Senior Legal Counsel and Managing Counsel, as appropriate, the results of such research and analysis, including interpretations, findings, and recommendations.  Applies structured, logical thinking to analyzing issues, answering inquiries, evaluating and escalating risks, and interpreting legal principals relative to applicable laws, rules, regulations, and precedents.
  • Works collaboratively with colleagues within work group and the legal department, and with business units to analyze, evaluate, and implement legislative and regulatory proposals and new developments impacting business practices, products, and the provision of products and services to retirement plans and tax-exempt investors.  Assists in the review and development of new product and service offerings to ensure compliance with applicable laws, rules, and regulations.

QUALIFICATIONS

Preferred

  • Moderate experience or familiarity with laws and regulations in any of the noted areas of responsibility.
  • 5 to 6 years of relevant experience since the date of bar admission, with some of those years spent in a private law firm or corporate legal department setting.

Required

  • Must have ability to learn and then use and apply complex laws and regulations for a wide variety of areas.
  • Strong oral and writing skills.
  • Strong analytical/problem solving skills.
  • Attention to detail.
  • Ability to interact effectively and work in partnership with a diverse group of internal and external contacts.
  • Ability to balance the needs of individual business units with a broader understanding of the objectives of the firm as a whole. 
  • Excellent conflict management skills. 
  • College Degree Law Degree from accredited school of law
  • Three or more years of related work experience

How to Apply

Please apply online using this link:  http://bit.ly/2wdRkdK


This ad has been viewed 1264 times. It expires on 9/29/2017.

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