Jobs · Finance · Maryland

Senior Legal Counsel

T. Rowe Price · Owings Mills, MD · 4 wk ago
HybridFinance$145k–$247k/yrFull-time

About the role

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.

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.
    • Covers 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

  • 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.
  • Attorney with in-house asset management, private funds, or alternative investments experience and 5+ years of experience in a relevant practice area.
  • Experience drafting and negotiating private fund documentation, side letters, subscription materials, investment management agreements, and other documents relating to alternative investment products and institutional investors.
  • Demonstrated experience working effectively with attorneys, compliance, risk, operations, tax, and business teams in a fast-paced asset management or alternative investments environment.
  • The successful candidate will demonstrate a strong willingness to learn and a proactive approach to tackling complex and multifaceted work assignments.
  • Ability to interact effectively and work in partnership with a diverse group of internal and external contacts.

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 one day per week from home.

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