Manager, Audit

Posted Yesterday
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Owings Mills, MD
83K-177K Annually
Senior level
Fintech
The Role
The Manager, Audit role at T. Rowe Price involves managing complex audits, drafting reports, evaluating business processes for control gaps, and collaborating with external auditors. The manager is responsible for the quality of audit documentation, implementing new policies, conducting ad hoc audits, and ensuring projects are completed within budget and time frames.
Summary Generated by Built In

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference.  We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.

Role Summary

Supports a more complex audit as assigned. Manages numerous activities from start to close and may complete other assignments, as needed. Responsible for the quality and accuracy of own work. May review work completed by less experienced staff. Contributes to the achievement of objectives for the assigned business unit.

Responsibilities:

  • Drafts summary and detailed audit reports. May review audit reports with external auditors and various regulatory bodies upon their request. Assists with testing and validation of some high-risk control enhancements immediately upon implementation
  • Responsible for documenting current processes and identifying key controls. Evaluates business processes for gaps in controls and to align the process with internal control best practices. Identifies opportunities to streamline the process and create operational efficiencies. Executes on Corrective Action Plans (CAPs) to address control weaknesses.
  • Reviews audit documentation and work flow to identify and report on weaknesses in current policies and practices as related to the audit and control processes. Assists with implementation of new policies and practices to address concerns and strengthen processes.
  • Performs ad hoc audits assigned as required to assess risk associated with various internal (security breaches, system failure, reconciliation errors) or external (Sarbanes-Oxley, mutual fund trading concerns, privacy) issues.
  • Evaluates the proposed budget and time line for audit projects and proposes any necessary changes. Completes projects within the agreed-upon budget and time frame. Works effectively with the business and internal audit management to ensure that all requirements are completed within the targeted timeline and budget.

Qualifications:

Required:

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

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 two days per week from home.

Base salary ranges:

$103,500.00 - $177,000.00 for the location of: California, New York
$91,000.00 - $155,500.00 for the location of: Washington, D.C
$83,000.00 - $141,000.00 for the location of: Colorado, Maryland, Washington and all other US locations

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

We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.

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.  

 

Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.

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.

The Company
HQ: Baltimore, MD
10,561 Employees
On-site Workplace
Year Founded: 1937

What We Do

T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on—now, and over the long term.

Headquartered in Baltimore, Maryland, we provide an array of mutual funds, subadvisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors.

At T. Rowe Price, we believe in strategic investing. It has guided how we do business for more than 80 years, and it’s driven by independent thinking and rigorous research. So our clients can be confident that we’ll strive to select the right investments as we help them achieve their objectives. Strategic investing means that we don’t stop at surface level analysis. Instead, we go beyond the numbers. Our investment professionals travel the world, visiting the companies they evaluate. It’s this passion for exploration and understanding that has helped inform better decision-making and prudent risk management for our clients since its founding by Thomas Rowe Price Jr. in 1937.

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