T Rowe Price

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.

A career at T. Rowe Price says you want to contribute and make a difference at a leading global investment management firm where success results from the dedication of our associates have in building success for our clients. We are a growing organization of associates from diverse backgrounds, experiences, and perspectives. We take a long view on associates and their careers. Our associates do phenomenal work with purpose, and as a result, we provide growth opportunities through in-person and online training, management development programs, and career development on the job. If you are seeking a meaning work experience along with a workplace culture that thrives on teamwork, we invite you to explore the opportunity to join us.

T. Rowe Price seeks to recruit a senior leader to serve as Global Head, US Institutional and Intermediary Technology (Digital Marketing Technology) responsible for driving strategic initiatives across T. Rowe’s US Intermediary and Global Institutional businesses. Reporting to the Head of Global Distribution Technology, the successful candidate will leverage technology to bring about meaningful advancements in our US Intermediary & Institutional technology. S/he will evaluate the strengths and weaknesses of the existing technology portfolio and implement changes where necessary to increase the overall effectiveness of critical T. Rowe Price’s business facing and client technology platforms. This executive will lead a team of engineers and analyst professionals that currently number about 30+ associates and contract staff. The Head of US Intermediary & Institutional Technology will have broad experience managing high-performing Digital Marketing technology teams.

Central to her / his remit will be driving ongoing strategic efforts to drive further strategic growth, digitize existing client on-boarding, advancing client data and reporting capabilities, expanding use of data science and machine learning where possible to introduce efficiency and lower error rates in client servicing. In addition, the role will focus on continuing to provide differentiating capabilities and flexibly adapt to ongoing business, technology, and regulatory changes.

Over the next 3-4 years efforts are expected to be focused around the following:

• Partnering with business leaders in US Intermediary and Institutional to explore, and invest in, state of the art Digital Technology solutions for our US business strategic initiatives.
• Enable the rollout of new investment product vehicles and content to drive growth while maintaining established governance protocols.
• Ensure that target state applications and Technology are maintained to the highest levels of reliability and that technical debt does not accrue over time.
• Partnering with internal technology teams (e.g., Architecture, Adobe platform, Data Science, Digital Shared Capabilities, UI/UX design teams, other business technology channel delivery teams) as new solutions are implemented across DMS and our greater technology organization.

As well as the functional side of the role, the successful candidate will be responsible for attracting, developing, and retaining the existing team with a focus on developing the engineering talent to ensure that the firm can deliver on its strategy. In addition, the candidate will partner with the business to demonstrate the ‘art of the possible’ and use technology to further enhance client service and drive increased revenues or margins.

The incumbent leads a team which designs, develops, modifies, and implements short- and long-term solutions to information technology through new and existing applications, systems, databases, and associated infrastructure, reviews and interprets system requirements and business processes, and codes, tests, debugs and implements software solutions.

If you are a leader who can provide direction through large teams of professionals and other managers? Are you able to work with executives to build and execute on key business priorities? Do you strive bring both a near and long-term perspective to your decisions? If so, we encourage you to apply.

CRITICAL LEADERSHIP CAPABILITIES

• T. Rowe Price’s new Head of Intermediary and Institutional Technology must be comfortable working in a non-hierarchical environment which places high importance on influence management skills.
• The individual must possess the stature and intellect to quickly build effective, credible, long-term relationships with members of the senior leadership team
• Culturally, T. Rowe Price is seeking someone with a dynamic, collaborative style who leads by example, brings expertise to the table, and possesses an entrepreneurial orientation.
• The ideal candidate is a non - “political” executive who can build immediate credibility with the senior leadership and engineers alike and help drive towards a vision for a largely automated, resilient, cost-effective technology environment for T Rowe Price.
• This involves using thoughtful analysis to justify technology decision making, constructively questioning decisions made in the past, such that s/he can explain the status and benefits of ongoing projects and programs to stakeholders.

LEADERSHIP ACUMEN

• Demonstrated desire and ability to mentor team members, developing their skills, competencies, and orientation towards new ways of working, while ensuring delivery of projects. Demonstrated ability to lead and operate in an international environment.
• A collegial, direct communicator with the ability to interact with all levels of management, business partners, internal clients, service providers, and engineering staff. The ability to distill and articulate the business rationale driving each new technology decision to a range of stakeholders. S/he should be able to explain technology issues to management in business terms as well as technology terms.
• A bottom-line orientation: a manager who drives performance and accepts accountability and responsibility for his / her organization’s performance. A “player-coach” who is comfortable working with a team in a direct manner.
• An efficiency orientation; driving for cost effective performance.
• Strong presentation and excellent interpersonal technical skills.
• Able to communicate to highly technical content to a variety of audiences.
• Strong interpersonal skills; able to establish and maintain a close working relationship with quantitative researchers, traders, and senior business leaders.
• Confident communicator able to argue a point concisely and deal positively with conflicting views.
• Provides timely feedback and coaching to individuals and teams using data to reinforce learning.
• Accountable for the development and mentoring of direct reports.
• Able to overcome differences of opinion and drive team alignment around a specific goal or solution.
• Works closely with product owners, develops intimate understanding of business strategy and direction.
• Makes decisions that are cognizant of the firm’s broader business strategy.

TECHNOLOGY ACUMEN

The successful candidate will possess a blend of technical, strategic and tactical skills so they can make operational improvements while simultaneously supporting T. Rowe Price’s long-term strategic business initiatives. As such, this leader must:

• BS/MS Degree in Computer Science, Engineering or another technical discipline (or equivalent additional experience) and 15+ years of progressive related experience, within the financial services domain strongly preferred
• Expertise working with Digital Marketing Technologies: Adobe Digital Marketing Cloud / Adobe Experience Manager / Adobe Campaign Manager preferred.
• Bring an architect’s “first principles thinking” in terms of the optimal design and management of a complex global ecosystem involving a large vendor partnership along with an evolving and growing business. Be willing and able to ‘get into the details’ of specific technical implementations.
• Engineering minded leader that can devise strategy and deliver incremental change toward it
• Bring a deep understanding of how emerging technologies – big data / analytics, machine learning and low code / no code – relate to the world of client reporting and account servicing.
• Bring a strategic business perspective to anticipate key marketplace trends, opportunities, and vulnerabilities, and represent opportunities in how Technology may enable those to senior management.
• A collegial, direct communicator with the ability to interact with all levels of management, business partners, internal clients, service providers, and engineering staff. The ability to distill and articulate the business rationale driving each new technology decision to a range of stakeholders. S/he should be able to explain technology issues to management in business terms as well as technology terms.
• Accountable for the quality, Total Cost of Ownership (TCO), maintainability and security of the solutions built.
• Articulates broader business concerns and/or regulatory landscape, including key risks and controls (e.g., GDPR, MIFID, SOX)
• Ensures adoption of modern software development practices including secure SDLC, test automation, CI/CD, and DevOps in accordance with the firm’s cloud adoption strategy.
• Experience leading web development and web content management initiatives in support of digital marketing organizations.
• Stays abreast of industry trends and technologies and knows if/when/how to apply them appropriately.
• Demonstrated desire and ability to mentor team members, developing their skills, competencies, and orientation towards new ways of working, while ensuring delivery of projects. Demonstrated ability to lead and operate in an international environment.
• A bottom-line orientation: a manager who drives performance and accepts accountability and responsibility for his / her organization’s performance. A “player-coach” who is comfortable working with a team in a direct manner.
• An efficiency orientation; driving for cost effective performance.

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for remote work up to three days a week.

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 and remote 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.