Asset Class Program Manager at T. Rowe Price in Baltimore, Maryland

Job Description:

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

At T. Rowe Price, Asset Class Product Management (ACPM) teams lead efforts to develop and manage investment strategies across asset classes and globally to sustainably grow our business.  The ACPM teams work closely with Investments, Global Distribution and other teams in Global Product, such as the Regional Product Management teams.

As a member of the ACPM teams, the Asset Class Program Manager will lead complex product management and product development initiatives. Most of these efforts will involve creating a structured approach to solving product development or product management initiatives and working effectively with subject matter experts from various functions across the organization.  Specific initiatives may include leadership and/or support of product changes, enhancements, strategy and vehicle launches and closures across asset classes, as well as other firm initiatives. This position emphasizes collaboration, problem solving, and project management skills. The role will be responsible for creating a consistent, repeatable process across the ACPM teams and identifying opportunities for process improvement. The role is responsible for project/program management activities, including structuring and evolving workplans, contingency/dependency tracking, status reporting, issue/risk identification and tracking, scope management, and internal and external stakeholder management.

Principal Responsibilities

• Creates detailed workplan(s) for and leads end-to-end project management activities for complex initiatives:
  
  
  • Builds and synthesizes highly detailed project plans, requiring significant stakeholder management skills and interpretation of diverse and varied information, including technical investment and product-related topics
  
  
  • Develops project goals, identifies risks, needs for resource allocation, and roles and responsibilities for assigned projects
  
  
  • Establishes governance (e.g., sponsors, approvers, stakeholders) for assigned projects
  
  
  • Manages the progress and contributions of workstream leads or subordinate project managers to ensure all activities deliver expected value within committed time frames
  
  
  • Manages contingencies between multiple projects and monitors interdependencies and synergies
  
  
  • Monitors and recommends plan adjustments to meet changing stakeholder needs
  
  
  • Provides transparency in project progress and effectively anticipates and mitigates major risks across the project life cycle
  
  
  • Proactively crafts feasible solutions to combat risks and issues
  
  
  
  

• Secures, leads, motivates, and inspires the internal and external support and resources required to effectively deliver each initiative


• Communicates effectively with senior management, subordinates, and peers alike


• Key personal attributes include:
  
  
  • Sound judgment, balancing risks and making prompt decisions in ambiguous or difficult situations.
  
  
  • Strong communication skills to manage communication at a detailed functional level and resolve issues efficiently
  
  
  • Structured thinker who thrives in creating structure and process amidst ambiguity
  
  
  • Willingness to engage broadly with others by interacting with and soliciting input from people in functions across the firm and globally
  
  
  • Professional curiosity to identify and drive new ideas and to resolve problems as they arise
  
  
  
  

Qualifications

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND -8+ years of total relevant work experience, ideally in asset management

Preferred:

• MBA or advanced degree


• CFA not required but highly additive


• Strong communication skills (both verbal and written), demonstrating the ability to influence people at all levels of the organization


• Investment and product knowledge


• Product and/or project management experience, especially managing and communicating status of initiatives to cross-functional and senior stakeholders

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:

$146,000.00 - $248,000.00 for the location of: California, New York
$128,000.00 - $219,500.00 for the location of: Washington, D.C
$116,500.00 - $199,000.00 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.

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