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.

T. Rowe Price is seeking a seasoned professional to lead our Enterprise Risk Management (ERM) Program, driving the development and scaling of our risk and governance structure. As the Head of Enterprise Risk Management, you will lead the team to develop risk identification frameworks and measurement tools, as well as the deployment of risk management practices across our global organization. You will play a critical role in initiating and managing the annual enterprise-wide risk assessment process, ensuring alignment with T. Rowe Price mission, vision, and strategic goals.

This position will be based in Baltimore, MD reporting to the Chief Risk Officer (CRO).

Role Summary

Responsible for presenting analytics to business leadership with oversight for corporate risk and communicating the firm’s risk management structure, processes, and business unit risk management efforts. Responsible for the implementation of processes, procedures, and tools to ensure risks are adequately mitigated.

Responsibilities:

• Works with risk management resources to identify and evaluate risks and exposures associated with products, services, third parties, technologies, operations, policies, and business processes. Oversees the organization and analysis of data used for the measurement of risk. Identifies global, firmwide operational risks and ensures they are well managed and controlled.
• Develops and implements appropriate control standards, the preparation of risk self-assessments, and the development of risk mitigation programs. Provides guidance and assistance in the implementation and ongoing review of appropriate programs to ensure that material risks are identified, understood, managed, and communicated.
• Coordinates risk management issues between business units and corporate functions. Guides and advises management on appropriateness of risk acceptance as opposed to mitigation action. Works closely with compliance and internal audit groups to ensure appropriate coordination and avoid overlap of responsibilities. Keeps leadership informed on risk issues.
• Serves as a risk management expert for a business unit or cross-functional strategic projects. Identifies key areas of business unit risk and mitigation strategies for leadership to review. Assists management with risk reporting. Monitors the status of risk mitigation strategies and internal audit activities and consults with the business to ensure completion.
• Manages diverse teams of associates with responsibility for selection, training and development, and performance management in order to develop high-performing departments. Responsible for forecasting future resource needs based on proposed future initiatives and augmenting staff accordingly. Accountable for the financial and human resources of multiple departments to include budgeting, staffing, etc. Acquires technology vendor contractor resources of varying skill sets when necessary and manages the project activities of these resources.

Qualifications:

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 12+ years of total relevant work experience and 5+ years of management experience
• Strong Enterprise Risk Management or Operational Risk background within a financial services firm.

Preferred:

• Proven experience in enterprise risk management, with a track record of developing and scaling risk programs in global and complex organizations.
• Leadership qualities that inspire and motivate teams to achieve strategic objectives.
• Ability to effectively convey complex risk concepts to non-technical audiences.
• Ability to interpret data and trends to inform risk decision-making.
• Experience in developing board and other management reports to provide view on key risk to firm.
• Professional experience in asset management and/or financial services industry

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:

$212,500.00 - $350,000.00 for the location of: California, New York
TBD for the location of: Washington, D.C
$170,500.00 - $291,000.00 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 invest in our people through a wide range of programs and benefits, including:

• Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions
• Flexible work opportunities
• Health care benefits (medical, dental, vision)
• Tuition assistance
• Wellness programs (fitness reimbursement, Employee Assistance Program)

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.