Manager, Business Line Risk Management

Posted:
10/9/2024, 3:46:58 PM

Location(s):
Owings Mills, Maryland, United States ⋅ Maryland, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy

Workplace Type:
Hybrid

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

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

Qualifications:

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

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 roleBase salary is only one component of our total compensation packageEmployees 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.