There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.
Global Compliance Monitoring & Testing team is expanding and seeking an analyst to join the team to help execute T. Rowe Price’s APAC 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 global team, apply your compliance knowledge to help mitigate compliance risk and have a positive impact on the department and an expanding business.
Principal Responsibilities
Responsible for the implementation and completion of the APAC Compliance Monitoring and Surveillance 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, e-Communications.
• Ensuring investigation and resolution of identified issues are closed out in a timely manner.
• Monitoring unresolved issues and notify Compliance Monitoring Manager as appropriate.
• Escalation of significant issues and reporting summary findings to Compliance Monitoring Manager.
• Performing thematic reviews based on key regulatory issues or industry best practice.
• Identify and offer recommendations resulting from testing and collaborate with business partners to assist in developing remediation plans to ensure the areas of concern are addressed in a timely manner.
• Document test work and draft reports describing testing 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 APAC ’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 APAC 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.
• Collaborating with Global Compliance, Internal Audit and Risk Management sharing ideas in order to develop, where appropriate, testing consistency or to coordinate testing activities.
• Applying data analytic techniques to perform monitoring and testing to increase scale and depth of analysis, create impactful visualizations, 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 testing activities for Global Compliance.
• Identifying opportunities to scale and promote efficiencies and consistency in monitoring and testing activities across regions.
• Assisting with the ongoing regulatory and market abuse risk assessment process.
Qualifications & Skills
Required:
• Graduate Degree or equivalent
• Extensive working knowledge of compliance within the asset management industry
• Knowledge of regulatory framework and requirements by Asian regulators such as HKMA, MAS, JFSA, ASX etc.
• 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 organization and prioritization skills while executing multiple priorities simultaneously, accurately, and timely
• Solid attention to detail, strong problem solving, analytical, organization, coordination, and creative and critical thinking skills
• Project management capabilities
Preferred:
• Good product knowledge – AUTs, ITMs and separate account strategies.
• Prior compliance testing, audit or risk management experience a plus
Commitment to Diversity, Equity, and Inclusion:
We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.
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
