Senior Legal Counsel - U.S. Registered Funds and ETFs

About the Role: The U.S. Registered Funds Legal team provides legal and strategic support to T. Rowe Price's registered investment products, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and other registered investment vehicles. This role partners closely with Product, Investments, Distribution, Capital Markets, Operations, Compliance, Risk, and other stakeholders to support product development, fund governance, regulatory matters, disclosure obligations, and business initiatives related to T. Rowe Price's ETF and registered fund business. We are seeking an experienced attorney to serve as Senior Legal Counsel supporting T. Rowe Price's U.S. registered funds platform, with a significant focus on ETFs and related product initiatives. In this role, you will advise business partners, investment professionals, and product teams on legal and regulatory matters affecting T. Rowe Price's ETF business. Responsibilities include supporting new products and business initiatives, assessing regulatory developments, assisting with product launches and modifications, preparing regulatory filings and governance materials, and advising on ETF-related legal issues. The ideal candidate will have experience working with ETFs and registered investment companies and will be comfortable collaborating with business, legal, compliance, and operational teams on complex legal and regulatory matters affecting investment products.

Role Summary: Provides specialized legal counsel supporting T. Rowe Price's U.S. registered fund products and business areas. Serves as a trusted advisor who leverages knowledge of the firm's businesses, products, and regulatory environment to develop practical legal solutions and advance legal positions. Partners with business, Legal, and Compliance colleagues to support decision-making relating to ETFs and registered funds. Provides advice regarding existing and proposed laws, rules, and regulations affecting registered funds, including the Investment Company Act of 1940, the Investment Advisers Act of 1940, and related securities laws.

Responsibilities: Provides legal counsel on the formation, registration, launch, governance, and ongoing maintenance of registered investment products, with a focus on ETFs. Advises business partners on ETF-related matters, including product development initiatives, product changes, and related regulatory considerations. Provides legal advice regarding the Investment Company Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, SEC rules and guidance, exchange requirements, and industry developments. Supports ETF-specific matters, including exchange listing requirements, authorized participant arrangements, creation and redemption processes, and related operational considerations. Partners with Product, Investments, Capital Markets, Trading, Distribution, Operations, Compliance, and Risk teams on matters affecting the firm's ETFs and registered fund platform. Monitors and analyzes regulatory developments and industry trends affecting ETFs and registered funds and advises stakeholders regarding their potential impact. Assists with the preparation, review, and maintenance of registration statements, prospectuses, statements of additional information, shareholder communications, board materials, and other regulatory filings and disclosures. Collaborates with internal stakeholders and outside counsel to address legal, regulatory, and operational issues related to ETFs and registered funds. Handles a portfolio of complex legal matters, balancing business objectives with legal, regulatory, reputational, and operational risks. Conducts legal analysis and research regarding business and regulatory matters and provides practical recommendations to stakeholders. Coordinates with and helps manage outside counsel in connection with assigned matters. Provides guidance and support to less ex