• Managing Legal Counsel - Privacy

    T. Rowe Price (Owings Mills, MD)


    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, y ou can expect opportunities to create real impact at work and in your community. Y ou’ll enjoy resources to support your career path, a s well as compensation , benefits , and flexibility to enrich your life. Here, you’ll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity .

     

    Join us for the opportunity to g row and make a difference in ways that matter to you .

    Role Summary

    Join our team as a Managing Legal Counsel – Privacy and play a pivotal role in the future of T. Rowe Price, all while developing your expertise in a dynamic and supportive environment. This is an opportunity to join a global privacy and data protection legal team that tackles some of the most complex questions at the intersection of this growing body of laws, especially as they impact our asset management business. This team works with a variety of business, compliance, risk, and legal associates across the globe dealing with novel legal and regulatory issues, helping to incorporate privacy and data protection into everything we do in service of the T. Rowe Price mission.

    Responsibilities

    + Review and advise on product development and business initiatives to ensure privacy compliance, including privacy-by-design and security-by-design principles.

    + Negotiate, draft, and review privacy-related contracts, including Data Processing Agreements (DPAs), vendor agreements, and AdTech contracts.

    + Ensure compliance with U.S. privacy laws (CCPA/CPRA, and other state laws), digital and AdTech regulations, and global privacy frameworks (GDPR).

    + Monitor and analyze regulatory developments, industry trends, and enforcement actions to proactively address privacy risks and opportunities.

    + Provide strategic guidance to business leaders and cross-functional teams (Product, Engineering, Marketing, Security, Data Science) on privacy issues and risk mitigation.

    + Lead and support privacy impact assessments (PIAs/DPIAs), data mapping, and records of processing activities.

    + Develop, implement, and maintain privacy policies, procedures, and training materials.

    + Manage and coordinate responses to privacy and data security incidents, including potential regulatory notifications and remediation.

    + Represent the company in industry groups and advocate for privacy best practices.

    + Collaborate with cross-functional teams to implement privacy best practices, reflecting our commitment to innovation, compliance, and ethical privacy practices.

    Qualifications

    Required:

    + J.D. from an accredited law school and active membership in at least one U.S. state bar.

    + 8-10 years of total relevant work experience.

    + Deep knowledge of U.S. privacy laws (CCPA, CPRA, and other state laws) and familiarity with global frameworks (GDPR).

    + Demonstrated experience advising on privacy and data protection.

    + Demonstrated ability to draft and negotiate complex privacy-related contracts.

    + Strong communication, negotiation, and teamwork skills, with the ability to influence and collaborate across functions.

    + Proven ability to manage multiple complex projects and provide practical, actionable, and business-oriented legal advice.

    Preferred:

    + Prior in-house experience as an attorney.

    + Experience advising clients within the asset management/financial services sector.

    + Certification in privacy (e.g., CIPP/US, CIPM, CIPT) is a plus.

    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.

     

    Base Salary Ranges

     

    Please review the job posting for the location of this specific opportunity.

     

    $170,000.00 - $291,000.00 for the location of: Maryland, Colorado, Washington and remote workers

     

    $187,000.00 - $320,000.00 for the location of: Washington, D.C.

     

    $213,000.00 - $350,000.00 for the location of: New York, California

     

    Placement within the range provided above is based on the individual’s relevant experience and skills for the role . Base salary is only one component of our total compensation package . Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

     

    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.

     

    Benefits

     

    We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources , benefits , and work-life balance so you can thrive in ways that matter to you .

    Featured employee benefits to enrich your life:

    + Competitive compensation

    + Annual bonus eligibility

    + A generous retirement plan

    + Hybrid work schedule

    + Health and wellness benefits, including online therapy

    + Paid time off for vacation, illness, medical appointments, and volunteering days

    + Family care resources, including fertility and adoption benefits

     

    Learn more about our benefits. (https://www.troweprice.com/corporate/us/en/careers/benefits.html)

     

    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, color, 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.