Product Manager, Investment Strategy, Multi-Asset and Retirement

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

The position will support product strategy, management, development, and positioning for T. Rowe Price Multi-Asset strategies including Target Date, Retirement Income and 529. The candidate will partner with Investments, Global Product, and Distribution to ensure that their asset class’s respective strategies on projects and for ongoing product management support.  This position also emphasizes project management skills to enable effective communication of critical milestones occurring with various product initiatives. In conjunction with business leads across multiple divisions, the manager is responsible for identifying issues, analyzing alternative approaches, and leading cross-functional teams to implement solutions.

Responsibilities

• Supports product management activities associated with the launch/introduction, restructuring, merging, closing, or re-opening of new products, classes, or new vehicles, for highly complex products. Partners with Legal, Finance, Risk, etc. to ensure successful implementation. Evaluates economic success of products.
• Supports design of business processes, procedures, and policies related to their asset class products and investment vehicles. Works across operations, distribution, investments and corporate divisions to investigate a variety of topics, including client eligibility, regulatory changes, and industry best practices.
• Partners with Product teams to build the business cases for new and existing firm offerings in the marketplace, often focusing on highly complex products and/or clients. Demonstrates knowledge of assigned products, the marketplace, industry, and client need to drive product growth/development and maximize profitability. Identifies opportunities and provides recommendations around product enhancements or market growth. Creates, manages, and delivers customized analyses reflecting advanced professional insights.
• Supports planning, preparation, and execution of product governance meetings for boards, committees, key stakeholder groups. Includes providing highly complex analytical support, documentation summarizing business issues, and presenting materials as appropriate.
• Where applicable, works with various internal groups (portfolio specialist, sales, and marketing teams) to develop and execute against a strategic marketing plan to enhance delivery of optimal net new business and ensure the effectiveness of product collateral.
• Provides coverage and serves as backup to other Product Managers as needed.

Qualifications

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 7+ years of total relevant work experience
• FINRA licenses are not required and will not be supported for this role.

Preferred:

• Knowledge of Multi-Asset and Retirement investment strategies, markets, and competitive offerings
• Demonstrated ability for execution experience with regards to product strategy, product development, and product management work, successfully ensuring delivery of good customer outcomes leading