Check two things, thermal management and RAM saturation, if they are both fine it can be a software issue. If for whatever reason the cores are too hot, you can download the free Mac fans control app, check the temperatures and rise manually the fan speed, see if this improve the performance. Also if the RAM is way too saturated it can slow down things a bit, even though not that much usually.
If the problem persists try to debug your scene, even a single shader may cause the slow down if it’s badly threaded/optimized, if you isolate the issues send the scenes to developers to fix it. Of course it can also be some other problems related to Arnold, Maya or even other plug-in.
Firstly, thank you for your advice. How do I determine ram saturation? I've been monitoring my core usage, and my machine is using everything. I checked my screen lock settings and made sure that the computer doesn't go to sleep, and it appears to be working better now. One thing I just noticed as I came back to my machine prior to writing this message is that the fans were down, and the machine was rendering slow even with full utilization. It appears my battery was near dead, sitting at 4%.
My machine is plugged into two monitors with USB C, which I assumed provided adequate charging, but it appears not. Is it safe to keep the actual power cord plugged into my MBP with the monitors plugged in?