Manager, Risk Management at T. Rowe Price in Owings Mills, 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

Supports the effectiveness of the risk function within a business line. Applies advanced understanding of the design and operating effectiveness of internal controls to advise the business line on executing the risk program(s).

Responsibilities:

• Leveraging strong knowledge of business line, evaluates existing processes, identifies control gaps, and recommends treatments for any gaps found within a business line. Develops reports and delivers these to management.


• Monitors compliance across the business line. Reports risks caused by business activities to senior staff. Evaluates potential courses of action to address complex issues identified and recommends solutions.


• Works with internal auditors when assigned business line is audited and reports on treatment of control gaps that are being put in place.


• Manages and coordinates updates to common language sections in the reporting and ensures alignment to other reporting groups and regulatory framework. Ensures consistent and appropriate presentation of content within reports.


• Contributes to efforts to develop a strong organizational risk culture and applies risk management techniques to assigned business line.


• Monitors and oversees SOX Compliance program working with business stakeholders and external auditors.


• Assist in the creation, documentation, and management of firm-wide processes related to sustainability and climate risks/opportunities.

Qualifications

• Knowledge of enterprise risk management frameworks including the development of KRIs, Risk Appetite Statements and reporting.


• Experience working in a financial services business.


• Experience using risk management tools.


• Strong critical thinking and demonstrated ability to manage complexity and ambiguity.


• Excellent analytical and problem-solving skills with the ability to identify and assess complex risks.


• Attention to detail.


• Good communicator, written and oral - with proven ability to summarize large volumes of detailed information and produced structured documents in Word, PPT and Excel.


• Self-starter, with strong time management skills, ability to deliver under pressure, prioritize to produce results and communicate challenges.


• Proven track record of working across departments.

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND


• 5+ years of total relevant work experience


• SOX and/or financial reporting knowledge

Preferred:

• CPA or public accounting experience


• Familiarity with current and emerging ESG regulations and frameworks (e.g., ISSB, GHG protocol, SEC climate-related disclosures)


• Strong understanding of sustainability trends, regulations, and industry best practices and developing these into risk policy and appetite statements and risk frameworks.

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.

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