Sr. Manager - Non-Financial Risk Oversight 2 Locations

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident. We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you. Role Summary We are seeking a Non-Financial Risk Oversight Senior Manager to join the Enterprise Risk team. This exciting, high visibility role provides independent oversight, review and challenge of key non-financial risks such as operational, strategic, human capital, and reputational. The Non-Financial Risk Oversight Senior Manager ensures these risks are proactively identified, appropriately assessed, and effectively managed in alignment with the company’s risk appetite and long-term strategic goals. The position interacts with all levels of management and senior level executives across many core business areas (ie. CFO, CTO, Global Distribution); therefore, exceptional interpersonal and communication skills are essential. The successful candidate will report into the Global Head of ERM, who reports directly into the Chief Risk Officer and provide Second Line of Defense (SLoD) services for non-financial risks across the organization. Candidates must demonstrate strong initiative and be capable of managing multiple and diverse assignments.

Responsibilities

• Non-Financial Risk Identification: Partner with Business teams, Corporate services, and Risk Management functions to identify and evaluate non-financial risks that may impact achievement of the companys strategy
• Effective Challenge: (1) Provide oversight and effective challenge of Risk ID and other risk assessments to ensure Divisions are appropriately considering the risks from operational, strategic and other non-financial drivers; (2) Provide expert advice on the quantification and qualitative impact of non-financial risks on the company’s business model or financial performance;
• Assessment: Evaluate the adequacy and effectiveness of Divisions risk control and mitigation actions, ensuring they are timely, appropriate, and mitigate key failure modes
• Governance: Strengthen governance of strategic risk through enhancing policies, routines, or interaction models
• Advisory: Act as a trusted advisor to Business Risk Offices and other stakeholders on the non-financial risk implications of internal strategic choices and external trends
• Reporting: Draft regular updates to executive management and the Board Risk Committee on changes to the companys non-financial risk profile
• Collaboration: Partner with stakeholders at all levels across the company to manage, inform and influence outcomes

Qualifications

Required:

• Bachelors degree or the equivalent combination of education and relevant experience
• 8+ years of relevant experience in risk management, financial services, or related field

Preferred:

• Strategy or Risk management experience in a large financial services organization or management consultancy
• Comprehensive knowledge of the end-to-end risk management lifecycle, risk frameworks, and governance structures
• Proven ability to distill complex information into a consumable narrative for an executive and Board level audience
• Strong understanding of how the use of Artificial Intelligence both introduces risks across a variety of risk categories, as well as provides opportunities for improved monitoring and reporting
• Proven ability to identify and evaluate risk pathways and devise management strategies
• Collaborative, team player with the ability to navigate a complex organization and influence outcomes
• Strong analytical, problem solving and critical thinking skills
• High attention to detail and strong organizational skills

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 one day per week from home. Base Salary Ranges Please review the job posting for the location of this specific opportunity. $110,000.00 - $188,000.00 for the location of: Maryland, Colorado, Washington and remote workers $121,000.00 - $207,000.00 for the location of: Washington, D.C. $138,000.00 - $236,000.00 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 At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

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. 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. Apply tot his job Apply To this Job