Managing Counsel Jobs in USA with Visa Sponsorship
Managing Counsel roles at U.S. companies regularly qualify for H-1B visa sponsorship as specialty occupations requiring a Juris Doctor degree. Many in-house legal departments also sponsor green cards through PERM. International candidates with foreign law degrees and bar admissions in their home jurisdiction can still qualify, particularly when their practice area maps to the employer's specific legal needs.
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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 Managing Counsel Jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new Managing Counsel roles.
Get Access To All JobsTips for Finding Managing Counsel Jobs
Align your bar admission strategically
If you're admitted to a foreign bar but not a U.S. one, document how your jurisdiction's legal training maps to the role's substantive practice area. H-1B specialty occupation approval hinges on degree-to-job fit, not U.S. bar status alone.
Target companies with active LCA filing history
Use Migrate Mate to find employers with verified LCA filings for in-house legal roles. Companies that have sponsored Managing Counsel positions before understand the PERM and H-1B process, which dramatically shortens your negotiation over sponsorship willingness.
Request PERM early in offer negotiations
Managing Counsel roles are rarely classified as temporary needs, so push for EB-2 or EB-3 green card sponsorship alongside H-1B. Getting the employer to commit to PERM before you sign avoids a costly renegotiation after your first H-1B term expires.
Document your practice area with precision
Vague titles like 'generalist counsel' invite USCIS scrutiny. Build a record of specialization in a defined area, whether that's commercial contracts, employment law, or regulatory compliance, so the LCA and I-129 petition reflect a coherent specialty occupation narrative.
Verify prevailing wage before accepting an offer
Run your offer against the OFLC Wage Search using the correct SOC category for in-house counsel roles. If the offer falls below the Level I or II prevailing wage, the employer can't certify the LCA, which blocks your H-1B filing before it starts.
Treat the 60-day grace period as a hard deadline
If you're transitioning from another employer, USCIS allows a 60-day grace period after your previous role ends. Have your new employer file your H-1B transfer petition before that window closes, or your work authorization lapses entirely.
Frequently Asked Questions
Does a Managing Counsel role qualify as an H-1B specialty occupation?
Yes, in most cases. USCIS treats in-house legal roles as specialty occupations because they require a Juris Doctor or equivalent foreign law degree in a directly related legal discipline. The key is demonstrating that the specific role demands that degree, not just any bachelor's degree. Generic 'business advisor' framing can undermine an otherwise strong petition, so the job description needs to reflect legal expertise, not just management.
Can I qualify if I have a foreign law degree and no U.S. bar admission?
A foreign law degree can support an H-1B petition for Managing Counsel if USCIS accepts it as equivalent to a U.S. Juris Doctor. You'll typically need a credential evaluation from an approved agency confirming equivalency. Bar admission in your home country strengthens the case. Some employers require eventual U.S. bar admission as a condition of continued employment, so clarify that expectation before you accept an offer.
How do I find employers who sponsor H-1B or green cards for in-house legal roles?
Migrate Mate lists employers with verified sponsorship history for in-house legal positions, so you can focus your search on companies that have already committed to the H-1B or PERM process for roles like Managing Counsel. That track record matters because sponsoring an in-house lawyer through PERM is a significant undertaking, and employers who've done it before are far more likely to do it again.
What makes PERM labor certification more complicated for Managing Counsel roles?
PERM requires the employer to demonstrate no qualified U.S. workers are available, but in-house legal roles attract a large pool of U.S. applicants, which raises the recruitment burden. DOL scrutinizes the job requirements closely. Overly narrow criteria, such as requiring experience in a highly specific niche, can draw an audit. The employer's HR and outside counsel need to run a defensible recruitment process before DOL will certify the application.
Does a Managing Counsel title affect green card category eligibility?
Title alone doesn't determine category, but duties and degree requirements do. Most Managing Counsel petitions fit EB-2, which requires an advanced degree or exceptional ability, since the Juris Doctor qualifies. If you have fewer than the advanced degree threshold or the role is classified differently, EB-3 skilled worker is a fallback. Priority date backlogs vary significantly by country of birth, so check the USCIS Visa Bulletin to understand your realistic timeline before making career decisions based on green card sponsorship.
What is the prevailing wage requirement for sponsored Managing Counsel jobs?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.