Job Information
T. Rowe Price General Manager - COO (Chief Operating Office) - Hybrid in Baltimore, Maryland
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.
About the Team
The General Manager (GM) is a strategic business leader that provides operational leadership and oversight of the performance of the Chief Operating Office (COO) by leading business planning, business administration, program management and support for the Chief Operating Officer. Acts as a key partner and liaison to other business unit (BU) GMs and works with a broad group of stakeholders within and outside of COO Group to advance work, lead the execution of key priorities, and ensure information is shared effectively and clearly on behalf of the COO. The GM proactively manages financial, communication and other issues as they arise and is responsible for providing support in these areas to other members of the BU lead team. The GM is also responsible for making decisions related to business management needs and priorities by working closely with the leadership team.
This position will be based out of the Baltimore office with regular travel to the Owings Mills campus.
Role Summary
Strategic Planning and Execution:
Collaborates with leadership to define COO initiatives in support of firm growth and innovation.
Tracks priorities across all COO group functions and follows up as needed with leaders to drive execution and meet deadlines, serve as a sounding board on key priorities and challenges, removing roadblocks as needed.
Participates in agenda build and meeting coordination for COO group ELT and All Hands meetings.
Enables creation of efficiency, scalability, and capacity through development of policies, practices, and processes for repeatable work.
Business Management and Financial Planning:
Oversees the operational aspects of the COO organization, ensuring seamless execution of projects, initiatives, and technology operations.
Monitors key performance indicators (KPIs) to measure the effectiveness of operations and implement improvements as needed.
Develops and manages the COO budget, ensuring appropriate allocation of resources for technology projects, staffing, and infrastructure.
Monitors financial performance and makes data-driven decisions to optimize spending while achieving desired outcomes.
Leads preparation of COO Group 3-year strategic plan and budget in collaboration with Lead Team and finance business partners; identifies and proposes metrics for COO Group to measure success and productivity.
Works with finance business partner on an ongoing basis to ensure COO Group remains on-budget and makes recommendations for any changes or re-allocations. Manages open positions to ensure up to date hire dates and drives processes
Communications and Stakeholder Engagement:
Connects the COO GM network to solve common problems and ensure deadlines are met, information is rolled up consistently, and information is cascaded and shared effectively.
Works with key internal partners and stakeholders outside of COO Group (HR, Finance, TRP GM network, etc.) on key processes and activities to drive on behalf of COO and ensure coordination across the various partner areas and help facilitate cross – COO decisions.
Partner with COO Chief of Staff to develop and execute communication strategy for the COO Group. Guides the planning and execution of key touch points for Technology associates and leaders including town halls, Extended Lead Team (XLT) meetings, and people leader calls.
Develops a broad network in the COO Group and across the firm to keep a pulse on associate morale and needs and identify any opportunities for increased stakeholder engagement.
Qualifications Required:
Bachelor's degree or the equivalent combination of education and relevant experience AND 10+ years of total relevant work experience
Preferred:
Financial services industry experience – particularly in asset management.
Experience working in an operations organization preferred.
Exceptional written communication skills including preparing presentations.
Excellent executive presence (including with MC members) and oral communication skills.
Influential leader able to build consensus, bring others along, and drive change adapting to people or the situation; systematically builds support at multiple levels and across groups.
Collaborative leader, able to develop broad and deep relationships across the organization.
Hands-on and detail oriented “doer”; rolls-up his/ her sleeves and does real work.
Proactive approach to setting priorities and executing; needs minimal guidance to execute.
Determined leader with strong sense of accountability and ownership; tirelessly drives prompt execution.
Ability to juggle multiple projects and priorities simultaneously.
Flexible working style
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
Please review the job posting for the location of this specific opportunity.
$170,000.00 - $290,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$187,000.00 - $319,000.00 for the location of: Washington, D.C.
$212,000.00 - $350,000.00 for the location of: New York, California
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. (https://www.troweprice.com/corporate/us/en/careers/benefits.html)
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.