What are the responsibilities and job description for the Journey Leader position at T. Rowe Price?
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 role of the Transformation Office is to effectively manage change execution across the firm whilst incrementally increasing consistency and introducing new ways of working to enable more holistic change. Transformation Office delivery teams (consisting of program managers, project managers, organizational change practitioners, and process engineers) are tasked with supporting sponsors to execute the firm’s change strategy, as well as BU specific change agendas and programs. Additionally, to augment and enhance day-to-day delivery, the Transformation Office is also focused on evolving how our change standards, practices, and governance, as well as increasing enterprise agility. The intent is to do so with a bias toward driving consistency and applying an enterprise lens to prioritization and governance. The Enterprise Journeys support change execution through multi-functional, global initiatives driving towards a future state vision.
Role Summary
Serves as the end-to-end program lead for large-scale, high-value, and complex programs that span multiple business units. Drives benefit achievement by leading program initiation, planning, and solution design and build and by measuring key performance indicators and solution adoption. Engages other colleagues/resources and assigns appropriate responsibilities to support achievement of project plan(s). Independently applies expert, specialized knowledge of advanced methodologies, selecting and applying high-level project management tools to conduct analyses, reporting, and related activities for assigned projects. Contributes to the development of internal protocols and processes used to carry out program management work, often recommending innovative or cutting-edge ideas. Responsible for program management activities, including contingency/dependency tracking, status reporting, issue/risk identification and tracking, scope management, estimation, and internal/external stakeholder management. Provides oversight to workstream/task leads within the program; resolves any escalated project risks, issues, and dependencies. Manages the overall scope and timing of the program, ensuring delivery is on time and within budget.
Responsibilities
- Oversees end-to-end program management activities for large-scale, high-value, and complex programs that span multiple business units, with oversight for the full program life cycle. Accountable for a program, consisting of a portfolio of various related projects. Manages the progress and contributions of workstream leads or subordinate project managers to ensure all activities deliver expected value within committed time frames and budget. Manages contingencies between multiple projects and monitors interdependencies and synergies where required. Proactively recommends approaches to mitigate contingencies and dependencies within and across programs.
- Builds and synthesizes highly detailed project plans, budgeting and forecasting models, or resource plans requiring significant stakeholder management skills and interpretation of diverse and varied information. Monitors market changes and stakeholder needs; recommends plan adjustments to meet changing needs that optimize costs, benefits, and speed of delivery. Develops statements of work, stakeholder management plans, guiding principles, project goals, risks, resource allocation, and roles and responsibilities for assigned projects. The high-profile nature of assigned projects often requires planning on an enterprise-wide, global scale.
- Secures, leads, motivates, and inspires the internal and external resources required to effectively deliver the program. Establishes the program’s governance (e.g., sponsors, approvers, stakeholders). Participates in the evaluation, selection, and management of external resources or vendors. May require interaction with regulators. Provides transparency in project progress and effectively anticipates and mitigates major risks across the project life cycle. Proactively crafts feasible solutions to combat risks and issues. Exercises sound judgment, balancing risks and making prompt decisions in ambiguous or difficult situations. Manages communication with business unit leaders at a detailed functional level and discusses/resolves issues.
- Works with all required functions and groups to effectively plan and execute the program. Coordinates resources across organizational boundaries. Strategizes and develops tools and training methods to enable successful project management throughout the enterprise. Trains and coaches project teams in execution methodologies and promotes adoption of best practices. Ensures program delivery is in conformance with company methodologies and standards; develops standards in collaboration with management. Considered an expert in this space.
- Measures and monitors program costs and benefits, including actual results and forecasts with comparisons to original or baseline plan and updates plans with accurate, up-to-date information in a timely manner. Follows financial standards and processes (e.g., monthly external revenue accruals, procurement, and external payments). Reports financial information and status to the required executive level. Ensures program solution(s) meets quality and reliability requirements and that the launch approach meets or exceeds adoption targets. Monitors program results for significant deviations, evaluates options, and takes corrective actions.
Qualifications
Required:
- Bachelor's degree or the equivalent combination of education and relevant experience AND
- 10 years of total relevant work experience
Preferred:
- PMP Certification
- Lean Six Sigma training or certification
- CCMP or other Change Management certification
- Working knowledge of Technology Architecture and/or Business Architecture
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.
$156,000.00 - $266,000.00 for the location of: Maryland, Colorado, Washington and remote workers$171,000.00 - $293,000.00 for the location of: Washington, D.C.
$195,000.00 - $333,000.00 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.
This job posting is expected to be available until:
03/19/2025
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.
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.
Salary : $156,000 - $266,000
