Green Card Managing Counsel Jobs
Managing Counsel roles at U.S. corporations and law departments regularly qualify for EB-2 or EB-3 green card sponsorship through the PERM labor certification process. Employers document a prevailing wage determination and conduct a recruitment test before filing an I-140 petition, putting you on a path to lawful permanent residency rather than temporary status.
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Get Access To All JobsAt 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.
About the Role
The U.S. Registered Funds Legal team provides legal and strategic support to T. Rowe Price's registered investment products and products for which T. Rowe Price serves as subadviser, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and other registered investment vehicles. This role partners closely with both internal and external client stakeholders, including Investments, Distribution, Capital Markets, Operations, Compliance, Risk, and others to support client onboarding, fund governance, regulatory matters, disclosure obligations, and business initiatives related to T. Rowe Price's subadvised registered fund business.
We are seeking an experienced attorney to serve as Managing Legal Counsel supporting T. Rowe Price's U.S. registered funds platform, with a significant focus on our subadvised fund business and related product initiatives. In this role, you will work closely with external clients as well as internal business partners on legal and regulatory matters affecting T. Rowe Price's subadvised and registered funds business. Responsibilities include onboarding new clients, managing clients’ legal inquiries, assessing regulatory developments, preparing regulatory filings and governance materials, and advising on other legal issues related to U.S. registered funds.
The ideal candidate will have significant experience working with 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, expert legal counsel supporting T. Rowe Price's U.S. registered fund products and subadvised 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 subadvised and proprietary 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
- Serves as the primary legal advisor for a portfolio of subadvised registered fund clients and investment strategies.
- Provides legal counsel on the formation, registration, launch, governance, and ongoing maintenance of registered investment products, with a focus on subadvised registered funds.
- Advises business partners on registered fund-related matters, including client specific impacts, product development initiatives, product changes, and related regulatory considerations.
- Consults with clients and internal business partners on matters related to 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 subadvised-specific matters, including:
-
Leading the negotiation, drafting, and interpretation of investment management agreements, subadvisory agreements, confidentiality agreements, side letters, amendments, and other client-facing documentation.
- Advising on investment guideline development and revisions, client-specific requirements, fee schedule changes, and related contractual implications.
- Identifying legal risks and developing solutions that align business objectives with firm standards and regulatory requirements.
-
Reviewing client questionnaire responses, due diligence materials, board-related documentation, and contract renewal materials.
-
Partners with internal and external stakeholders including Product, Investments, Capital Markets, Trading, Distribution, Operations, Compliance, and Risk teams on matters affecting the firm's subadvised and registered fund platform.
- Monitors and analyzes regulatory developments and industry trends affecting registered funds and advises stakeholders and clients 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.
- Conducts legal analysis and research regarding business and regulatory matters and provides practical recommendations to clients and internal stakeholders.
- Provides guidance and support to less experienced legal department colleagues as appropriate.
Qualifications
Required:
- Juris Doctor (J.D.) degree from an accredited law school
- Active license to practice law and admission to the MD State Bar or another state bar
- At least 10+ years of total relevant legal experience
- Significant experience advising registered investment companies, investment advisers, or other financial services organizations
- Strong knowledge of federal securities laws and regulations, including the Investment Company Act of 1940 and Investment Advisers Act of 1940
- Experience drafting, negotiating, and interpreting complex investment management agreements and related legal documentation
- Demonstrated ability to analyze complex legal and regulatory issues and provide practical, business-focused legal advice
- Strong communication and relationship-management skills, including the ability to work effectively across business and functional teams
Preferred:
- Experience supporting SEC registered funds, subadvised funds, and institutional investment products
- Experience advising on fund disclosure, regulatory filings, investment restrictions, and compliance matters
- Experience advising registered investment companies and preparing registration statements, prospectuses, shareholder disclosures, and related SEC filings
- Experience preparing materials for, and advising with respect to, registered fund boards and board committees
- Demonstrated ability to influence stakeholders and manage complex cross-functional initiatives
- Strong client relationship and project management skills
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.
$174,000.00 - $297,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$191,000.00 - $327,000.00 for the location of: Washington, D.C.
$218,000.00 - $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.
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.
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.
About the Role
The U.S. Registered Funds Legal team provides legal and strategic support to T. Rowe Price's registered investment products and products for which T. Rowe Price serves as subadviser, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and other registered investment vehicles. This role partners closely with both internal and external client stakeholders, including Investments, Distribution, Capital Markets, Operations, Compliance, Risk, and others to support client onboarding, fund governance, regulatory matters, disclosure obligations, and business initiatives related to T. Rowe Price's subadvised registered fund business.
We are seeking an experienced attorney to serve as Managing Legal Counsel supporting T. Rowe Price's U.S. registered funds platform, with a significant focus on our subadvised fund business and related product initiatives. In this role, you will work closely with external clients as well as internal business partners on legal and regulatory matters affecting T. Rowe Price's subadvised and registered funds business. Responsibilities include onboarding new clients, managing clients’ legal inquiries, assessing regulatory developments, preparing regulatory filings and governance materials, and advising on other legal issues related to U.S. registered funds.
The ideal candidate will have significant experience working with 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, expert legal counsel supporting T. Rowe Price's U.S. registered fund products and subadvised 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 subadvised and proprietary 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
- Serves as the primary legal advisor for a portfolio of subadvised registered fund clients and investment strategies.
- Provides legal counsel on the formation, registration, launch, governance, and ongoing maintenance of registered investment products, with a focus on subadvised registered funds.
- Advises business partners on registered fund-related matters, including client specific impacts, product development initiatives, product changes, and related regulatory considerations.
- Consults with clients and internal business partners on matters related to 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 subadvised-specific matters, including:
-
Leading the negotiation, drafting, and interpretation of investment management agreements, subadvisory agreements, confidentiality agreements, side letters, amendments, and other client-facing documentation.
- Advising on investment guideline development and revisions, client-specific requirements, fee schedule changes, and related contractual implications.
- Identifying legal risks and developing solutions that align business objectives with firm standards and regulatory requirements.
-
Reviewing client questionnaire responses, due diligence materials, board-related documentation, and contract renewal materials.
-
Partners with internal and external stakeholders including Product, Investments, Capital Markets, Trading, Distribution, Operations, Compliance, and Risk teams on matters affecting the firm's subadvised and registered fund platform.
- Monitors and analyzes regulatory developments and industry trends affecting registered funds and advises stakeholders and clients 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.
- Conducts legal analysis and research regarding business and regulatory matters and provides practical recommendations to clients and internal stakeholders.
- Provides guidance and support to less experienced legal department colleagues as appropriate.
Qualifications
Required:
- Juris Doctor (J.D.) degree from an accredited law school
- Active license to practice law and admission to the MD State Bar or another state bar
- At least 10+ years of total relevant legal experience
- Significant experience advising registered investment companies, investment advisers, or other financial services organizations
- Strong knowledge of federal securities laws and regulations, including the Investment Company Act of 1940 and Investment Advisers Act of 1940
- Experience drafting, negotiating, and interpreting complex investment management agreements and related legal documentation
- Demonstrated ability to analyze complex legal and regulatory issues and provide practical, business-focused legal advice
- Strong communication and relationship-management skills, including the ability to work effectively across business and functional teams
Preferred:
- Experience supporting SEC registered funds, subadvised funds, and institutional investment products
- Experience advising on fund disclosure, regulatory filings, investment restrictions, and compliance matters
- Experience advising registered investment companies and preparing registration statements, prospectuses, shareholder disclosures, and related SEC filings
- Experience preparing materials for, and advising with respect to, registered fund boards and board committees
- Demonstrated ability to influence stakeholders and manage complex cross-functional initiatives
- Strong client relationship and project management skills
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.
$174,000.00 - $297,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$191,000.00 - $327,000.00 for the location of: Washington, D.C.
$218,000.00 - $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.
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.
See all Green Card Managing Counsel Jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new Green Card Managing Counsel Jobs.
Get Access To All JobsTips for Finding Green Card Sponsorship in Managing Counsel
Align your credentials to EB-2 requirements
Managing Counsel roles typically require a J.D. plus active bar admission, which satisfies EB-2's advanced-degree standard. Pull together transcripts, bar certificates, and a credential evaluation now so your employer can build a defensible PERM file from day one.
Search verified green card sponsors on Migrate Mate
Target employers with a documented history of EB-2 and EB-3 sponsorship for in-house legal roles. Migrate Mate lists employers by sponsorship activity so you can focus your outreach on companies already familiar with the PERM process for Managing Counsel positions.
Ask about the prevailing wage tier during interviews
PERM requires your offered salary to meet the DOL prevailing wage for your SOC code and location. Use the OFLC Wage Search to look up the Level II or Level III wage for your target city before negotiating, so you know whether the offer will clear DOL's threshold.
Distinguish your in-house specialty from general practice
PERM job descriptions for Managing Counsel must state specific duties and minimum requirements precisely. If your practice area is securities, M&A, or labor and employment, make sure the job description reflects that specialty so DOL's recruitment test targets genuinely qualified candidates and doesn't undermine the filing.
Secure bar admission in your target state early
Many employers list state bar admission as a minimum PERM requirement, not a preference. If you're admitted only in a different jurisdiction, pursue a motion for admission pro hac vice or begin the waiver-on-motion process before you're deep into an employer's green card pipeline.
Track your priority date if you're from a backlogged country
Employment-based green cards carry per-country numerical limits, and nationals of India and China regularly face multi-year backlogs even after I-140 approval. Check the USCIS monthly Visa Bulletin to monitor when your priority date becomes current before expecting I-485 adjudication.
Green Card Managing Counsel: Frequently Asked Questions
Which green card category fits a Managing Counsel role?
Most Managing Counsel positions qualify under EB-2, which covers roles requiring an advanced degree. A J.D. with active bar admission satisfies that standard. EB-3 is available if the employer structures the job description around a bachelor's degree plus two or more years of progressive legal experience, though most in-house legal departments default to EB-2 given the typical credential profile.
How does green card sponsorship differ from H-1B for Managing Counsel?
H-1B visa grants temporary status in two- or three-year increments and requires an LCA filed with DOL before each petition. Green card sponsorship through PERM leads to lawful permanent residency with no renewal cycle. The PERM process involves a prevailing wage determination, a formal recruitment test to demonstrate no qualified U.S. workers are available, and then an I-140 immigrant petition filed with USCIS, followed by adjustment of status or consular processing.
How long does the PERM process typically take for in-house legal roles?
PERM labor certification processing times at DOL vary based on audit rates and application volume. After DOL certifies the PERM, your employer files an I-140 with USCIS. For nationals of countries without significant backlogs, adjustment of status can follow relatively quickly. Nationals of India and China should expect substantially longer waits due to per-country numerical limits on employment-based green cards.
Where can I find employers who sponsor green cards for Managing Counsel roles?
Migrate Mate lets you search for employers with verified employment-based sponsorship histories for in-house legal positions. Filtering by role type and location surfaces companies that have already navigated the PERM process for Managing Counsel or similar titles, which significantly reduces the time you spend qualifying employers during your outreach.
Can I change employers after my green card process starts?
Yes, under AC21 job portability, you can change to a new employer in the same or a similar occupation once your I-485 adjustment of status application has been pending for 180 days or more. Separately, an approved I-140 petition can carry your priority date to a new employer's filing, which protects your place in the queue even if you switch jobs before your adjustment is complete.