Program Manager, Fixed Income

This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community.

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.

POSITION PURPOSE:

The Program Manager is required for the successful management and delivery off a key pillar in a large scale, strategic transformation program to remodel and enhance our Fixed Income capabilities to maintain current capabilities and support new business growth objectives. Working alongside seasoned investors, change professionals and senior leaders and representatives from across the enterprise, the individual will be part of a focused Fixed Income transformation team.

The role requires a detailed understanding of fixed income in an asset management firm, and proven experience off structuring, initiating, managing and delivering large complex change programs working in partnership with Technology and business departments from the front to the back office along with other support functions.

The successful candidate will also need excellent presentation skills to communicate effectively and succinctly to senior stakeholders, be detail oriented, facilitate workshops and senior level meetings including steering committees and working collaboratively with a broad range of key business staff.

Principal Responsibilities:

• Direct a large-scale, complex program with multiple internal stakeholders.
• Partner with business sponsors and technology to ensure the successfully delivery of the program to the required and agreed timescales, budget and quality as defined by success metrics and criteria.
• Develop and agree the strategy and approach for the overall program delivery.
• Responsible for all program deliveries ensuring quality, that conforms to the required high standards, are reviewed and signed-off by all required stakeholders with no exceptions.
• It is essential that the program manager understands the details of the solution, changes and impact to business and technology systems and any issues, and succinctly represents these and provides updates to stakeholders and senior sponsors alike.
• Implement the appropriate governance for the entire program and ensure that this is adhered to without any exceptions.
• Facilitate and drive discussions to ensure the detail is understood and captured, issues are resolved and accountability is enforced for decisions and actions as required.
• Facilitate all operational checkpoint activities throughout the lifecycle of the program.
• Assess and mitigate all high priority program risks as they are encountered. Ensure prompt corrective action is untaken to resolve any issues.
• Escalates risks and issues, as appropriate, to the program stakeholders promptly.
• Develop the program charter, integrated program plan, resource plan, contingency plan, and related program management artifacts.
• Evaluate trade-offs between program size and complexity, cost, urgency, risk, and stakeholder value.
• Validate financial forecasts and provide on-going reconciliation of resources and other related program expenditures.
• Manage the program according to established methodology and standards.
• Continually update relevant business stakeholders of program status and publish status reports on the required frequency.
• Represent the program in various project and program governance and inter-department forums.
• Define and track project milestones while developing, maintaining, and reporting on an overall and integrated delivery plan.
• Lead collaborative partnerships and dialog with related business units beyond Fixed Income
• Build excellent working relationships with teams as required.
• Produce clear, concise and accurate presentation materials for use in various forums, with detail appropriate to the audience.
• Continually update the Program Director and business stakeholders of progress, and raise issues as soon as encountered.

Demonstrated Competencies:

• Involves the key players in understanding issues and agreeing solution options in a collaborative fashion.
• Establishes and maintains networks and alliances. Shares information readily and determines who to go to for relevant information. Seeks assistance and feedback in the problem-solving process. Partners with others to achieve expectations.
• Communicates effectively with colleagues and peer groups in ways which support problem solving aligned with the firm's strategic pillars. Seeks a consensus with business partners. Debates opinions, tests understanding and clarifies judgments. Brings conflict into the open empathetically. Explains the context of multiple inter-related situations, asks searching, probing questions, and solicits expert advice prior to taking action and making recommendations.
• Understands and seeks ways to improve the quality and results of their own work and that the quality meets expectations. Provides input at strategic planning meetings so that they produce expected outcomes.
• Evaluates the effectiveness of current practices in pursuit of improved performance. Seeks opportunities and takes action to enhance personal and functional performance and meet consistently more challenging expectations.
• Identifies potential areas of conflicting priorities and vulnerability in achieving standards. Maintains a proactive work review and approval process prior to assignment completion. Solicits internal and external customer evaluation of performance and devises measures for improvement.
• Utilizes a variety of information and data sources pertaining to organizational and professional trends. Checks the source for omission and accuracy. Identifies the sources that are appropriate for specific types of information. Checks for bias and omission. Seeks out the appropriate people to approach for guidance either formally or informally depending on the type of issue. Links information in a lateral as well as linear manner. Finds hidden data. Relates and manipulates data from various sources to create a fuller picture. Investigates and uncovers root causes of a problem or issue.
• Is well organized, self-motivated, proactive and curious to learn.

PERSONAL ATTRIBUTES / SKILLS / QUALIFICATIONS:

Required:

• 10+ years Asset Management experience successfully delivering programs in the front office.
• 4+ years proven Asset Management project or program delivery experience in Fixed Income including delivery of cross functional change projects.
• Good working knowledge of fixed income instruments and processes including portfolio management.
• Proven experience of working directly with investors in the asset management industry.
• Excellent problem-solving skills and being able to work with people across multiple locations.
• Experience of facilitating meetings with stakeholders to make decisions, review and present findings and solve key issues.
• Ability to translate and simplify complex business and technical concepts.
• Preparing and running detailed workshops.
• Ability to work with people across multiple time zones and can flex to different working patterns and time zones if required.
• Ability to work well with people with varying technical, business and cultural backgrounds.
• An intellectual curiosity that will drive a detailed and thorough examination of all issues and ensure analysis is conducted to a very thorough and high standard.
• Excellent verbal and written communication skills.
• Well organized and self-motivated
• Strong negotiation and influencing skills.
• Very good experience with Microsoft Project, Excel, PowerPoint, and SharePoint
• Comfortable working with senior executive management.
• Effective at delivering high quality output under time constraints.

Preferred:

• 15+ years of proven and successful Project and Program delivery experience in Asset Management firms.
• 6+ years of proven and successful project and program delivery experience in Fixed Income and cross functional programs.
• documentation in a major front office strategic program.
• Experience of working on ETF projects and programs.
• Experience managing senior sponsors - 10 year minimum.
• Advanced and very experienced user of Microsoft Project, Excel, PowerPoint, Visio and SharePoint.
• Excellent presentation skills particularly to senior management.
• Preparing and running effective steering committees.
• Soft skills to motivate people and navigate a complex global working environment.
• Likely to have a university degree.
• Likely to have a project management qualification (PMP, Prince II etc.)

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.

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, colour, 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.