Sr. Analyst, Regulatory Advisory Compliance (Fraud and AML)

T. Rowe Price • Owings Mills, MD

2d • Hybrid

About The Position

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, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you.

Role Summary Analyzes and responds to complex issues related to suspected criminal activity. Collaborates with business partners to investigate high-risk accounts that are deemed suspicious and require expertise and research. Conducts training to ensure best practices around activity monitoring and detection are used throughout the organization. Implements process improvements.

Requirements

• Bachelor's degree or the equivalent combination of education and relevant experience AND 5+ years of total relevant work experience

Nice To Haves

• 2+ years of relevant compliance experience in financial crimes, AML, fraud, or suspicious activity investigations
• Strong analytical and investigative skills with the ability to identify suspicious patterns and trends
• Strong written and verbal communication skills, including investigative documentation and narrative writing
• Sound judgment and ability to make risk-based decisions in a fast-paced environment
• Demonstrated independence and accountability, with the ability to manage complex investigative work with limited guidance.
• Familiarity with retail, brokerage, or retirement products
• Ability to collaborate effectively across multiple groups/levels of management within compliance, legal, operations, and business teams
• Ability to meet multiple and strict deadlines
• Knowledge of BSA/AML, SAR, KYC/CIP, and OFAC requirements

Responsibilities

• Researches and gathers information for escalated alerts related to suspicious activity monitoring.
• Reviews findings prepared by more junior staff for quality and to provide guidance or implement solutions.
• Identifies gaps in systems and processes and develops recommendations for business-wide control improvements.
• Collaborates with internal stakeholders to obtain all information needed to address concerns, close open, items and resolve issues.
• Responsible for handling complex issues that require more in-depth research or technical expertise.
• Monitors transactions for suspicious behavior, identifies and analyzes new patterns and trends.
• Monitors, suggests, and supports implementation of new rule sets, methods, or detection mechanisms to refine internal suspicious activity monitoring and ensure continued validity and effectiveness of fraud detection and prevention.
• Demonstrates a strong understanding of established rules, processes, and guidelines.
• Supports development and implementation of training as needed.
• Recommends best practices and partners to implement process improvements internally and with external business partners.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior