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T. Rowe Price Head of Trusts, Canada Pooled Funds and Cayman Vehicles 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.

The primary role for the Head of Trust, Canada Pooled Funds and Cayman Vehicles is to provide the strategic direction of these vehicles (totalling $300+B in AUM) at T. Rowe Price inclusive of the Trust Company, and to manage various product-related business activities in support of these vehicles. Allocation of time to these vehicles is 70% to Trusts, 25% to Canada, and 5% to Cayman. Product-related business activities include a wide range of product strategy, product development, and product management activities.

  • Product strategy includes working directly with distribution and investment leaders to identify market and channel demand drivers and trends, seeking competitive intelligence with competing asset managers, knowledge of industry trends (403b trust legislation, tax reclaims for trusts), understanding current and future client needs and developing the Vehicle product strategy roadmap for these vehicles, while collaborating directly with Global Product partners to align with the broader Global Product priorities.

  • Product development involves research, development, and implementation of new strategies in these vehicles ensuring they are designed to meet clients’ needs including but not limited to investment design parameters, naming, pricing, and ensuring these are effectively implemented.

  • Product management activities include ongoing research and review of the existing product suite to ensure it is “fit for purpose”, staying abreast of regulatory changes, overseeing the profitability of each product and cost to launch, and identifying potential product enhancements to existing Trusts, Canada Pooled Funds and Cayman products.

The Head of Trust, Canada Pooled Funds and Cayman Vehicles will be accountable for leading these products for T. Rowe Price and will need to be an advocate for these vehicles within Global Product and the firm. This role will have a strong partnership with Legal and Operations and will work in a strategic capacity with senior management in USI, RPS, Americas, Investments, and Global Product. This role will lead the internal Trust Governance Forum and be a critical partner for Board meetings (Trusts, Canada and Cayman). This role will also participate on external forums including ICI, PMAC, and the Trust Coalition. This role reports to the Head of North America Product.

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 knowledge of Trust (aka CITs), Canadian Pooled Funds, and Cayman Vehicles and what channels/segments use them, how they use them, how they are priced, and the competitive landscape

  • Strong communication skills, demonstrating the ability to deal with people at all levels of the organization

  • Ability to influence, have gravitas with senior leaders in distribution, investments, legal, operations and global product

  • Deep understanding of product development and management processes and practices together with a sound knowledge of operational and regulatory frameworks and how they relate to “best practice” product governance

  • Professional curiosity to identify and drive new ideas of opportunity and an ability to pursue problem resolutions

  • Considerable leadership and change management abilities

Preferred:

  • MBA or advanced degree

  • Financial Services experience

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 two 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.

T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on–now, and over the long term.

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