Monitoring and Testing Compliance Officer

Our team is seeking an Analyst to join the Global Compliance Monitoring & Testing team to execute T. Rowe Price’s EMEA Compliance monitoring and testing program. You will be responsible for performing monitoring and surveillance to demonstrate compliance with applicable laws and regulations. This will involve partnering with Compliance and Legal team members, consulting with assurance and business partners to identify compliance risks and proactively evaluate compliance controls. The ideal candidate will possess and demonstrate knowledge and experience with the regulations and multiple disciplines involved in the operations of an investment management firm. This is a great opportunity for you to be an integral part of a EMEA Compliance Team, apply your compliance knowledge to help mitigate compliance risk and have a positive impact on the department and an expanding business.

Principal Responsibilities

Undertaking monitoring and surveillance in line with the  Global Compliance Monitoring and Testing Programme.  This includes but is not limited to:

• Performing comprehensive surveillance and monitoring of processes to ensure that regulatory requirements applicable to TRPIL and its’ subsidiaries are being satisfied, including in areas such as market abuse, best execution, trade allocations, eCommunications.

• Ensuring investigation and resolution of identified issues are closed out in a timely manner.

• Monitoring unresolved issues and notify the Compliance Monitoring Manager as appropriate.

• Escalation of significant issues and reporting summary findings to Compliance Monitoring Manager.

• Identify and offer recommendations resulting from the monitoring and surveillance  and collaborate with business partners to assist in developing remediation plans to ensure the areas of concern are addressed in a timely manner.

• Document working papers and draft reports describing monitoring and surveillance  performed and results.

• Track the status of outstanding findings and work with business partners to obtain updates, ensure due dates are met, and confirm remediation.

• Building and maintaining strong relationships with business partners and Compliance leaders, to maintain engagement and to assist in escalating significant compliance monitoring and testing matters that require attention or action.

• Assisting in the preparation of management reports on EMEA’s Compliance monitoring, surveillance and testing activities.

• Maintaining and developing knowledge of current and upcoming regulations, to ensure that monitoring and testing activities remain relevant.

• Applying best practices and a risk-based approach to advance and maintain an effective monitoring and testing program.

Responsible for assisting in advancing the EMEA Compliance Monitoring, Surveillance and Testing Programme in support of Global Compliance Monitoring and Testing Frameworks.  This includes but is not limited to:

• Assisting in ongoing review and development of the risk based thematic monitoring and surveillance programme to ensure it covers all regulators and regulations relevant to the firm’s business and to improve and develop the methodologies.

• Applying data analytic techniques to perform monitoring and testing to increase scale and depth of analysis, create impactful visualisations, and explore potential data relationships.

• Participating in the development of requirements and assist in implementation of automated tools to innovate and enrich compliance monitoring and surveillance  activities for Compliance.

• Identifying opportunities to scale and promote efficiencies and consistency in monitoring and surveillance  activities across regions.

• Assisting with the ongoing regulatory and market abuse risk assessment process.

• May be required to be involved in Compliance testing as necessary, to support the EMEA Compliance Monitoring, Surveillance and Testing team. 

Qualifications & Skills

Required:

• Undergraduate Degree or equivalent

• Extensive working knowledge of compliance within the asset management industry

• ​Knowledge of FCA regulatory framework

• Strong verbal and written communication skills; presents ideas clearly, concisely, and persuasively, tailoring message and delivery to different audiences, including ability to present complex concepts into understandable and actionable points

• Team player with excellent interpersonal skills who is able to build working relationships and influence a diverse group of internal and external contacts

• Uses a variety of resources, best practices, and proven tools to generate innovative ideas to improve processes

• Accountable for work of self and sometimes others, provides process and standards advice

• Strong organisation and prioritisation skills while executing multiple priorities simultaneously, accurately, and timely

• Solid attention to detail, strong problem solving, analytical, organisation, coordination, and creative and critical thinking skills

• Project management capabilities

Preferred:

• Prior compliance monitoring and testing, compliance surveillance, audit or risk management experience a plus

• Good product knowledge – UCITS products, SICAV, OEIC and separate account strategies.

This role is eligible for hybrid work, with up to one day a week from home.  

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. 

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, colour, 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.