Sr. Plan Compliance Consultant

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 .

Summary Consults with external clients, and associates, on how best to attain plan objectives while maintaining the plans’ qualified status, reviews plan documents, and helps clients resolve complex operational and regulatory compliance issues relating to qualified and nonqualified retirement plans.  Independently analyzes new laws and regulations to determine impacts on plans and holds discussions with clients to influence the best strategy to implement changes for clients and impacted internal partners.  Responsible for delivering consultative services across their client base, which will primarily consist of large retirement plans. Requires an advanced understanding of retirement plan regulations and consultative skills.

Maintains a high level of regulatory knowledge and understanding of industry trends.  Analyzes impact of new regulations and legislation on client needs and RPS services.  Proactively educates clients and RPS associates regarding legislative and regulatory developments.  Drafts client-specific talking points and other written analysis relating to such developments.  Researches and resolves highly complex operational and regulatory compliance issues arising from both client questions and from internal activities.  When applicable, conducts an analysis of options available under the Employee Plans Compliance Resolution System.  Communicates findings to client, internal parties, and client’s attorneys and other advisors.  Discusses implications and offers alternative courses of action that client may take.  Analyzes and discusses implications of test results with client and internal parties. Provides strategic alternatives for correction of failed tests and presents options to improve future nondiscrimination test results. Coincident with implementation of new plans, provides suggestions for plan design and/or administrative enhancements to influence client in using best practices while meeting client objectives.  Coincident with corporate mergers and acquisitions, provides comparative analysis of plan provisions and protected benefits.  Reviews plan design on an ongoing basis to ensure that the client’s objectives continue to be met in view of rapidly changing legislation and regulatory guidance and changes in the workforce.  Participates in the sales process. Serves as a lead subject matter expert on cross functional taskforces and committees.  Conducts internal training as needed.  Responds to internal and external inquiries.

Required: Bachelor's degree or the equivalent combination of education and relevant experience AND 5+ years of total relevant work experience Preferred: Excellent written and verbal communications skills Advanced designations form American Society of Pension Professional and Actuaries (ASPPA) (QKA – CPC) or equivalent professional designation Broad