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Regional Sales Consultant - Retirement Plans

T. Rowe Price
T. Rowe Price Salary
Colorado, CO Full Time
POSTED ON 4/5/2025
AVAILABLE BEFORE 4/11/2025

Role Summary

  • Responsible for creating outcomes that lead to sales and revenue generation for highly complex accounts that are often regional in scale.
  • Creates, monitors, and revises lead generation plans for the development of new revenue pipelines. Maintains significant industry experience and proactively researches trends, competitor services / offerings, and clients' business environment.
  • Oversees assigned regions to generate new advisor relationships, broadening TRP brand awareness in retirement plan recordkeeping.
  • Utilizes deep expertise to proactively identify potential growth opportunities that will help advisors achieve their goals.
  • Guides less experienced professionals' compliance with sales policies and programs.
  • Contributes to the achievement of sales and profit goals for the region.
  • Contributes to the achievement of substantial sales targets.

Responsibilities

  • Cold calling assigned advisors to build TRP Brand Recognition, uncover opportunities / referrals, and schedule meetings for Sales Directors in assigned regions.
  • Sales signals follow-up from targeted marketing campaigns to various strategic partner firms.
  • Promotes firm services and offerings to assigned clients based on understanding of clients' business objectives to increase client revenue from clients whose business may affect business unit or regional financial performance for the firm. Responsible for significant new business development from strategic prospects. Identifies and qualifies prospects, develops a “trusted advisor” relationship, and influences them to adopt recommended solutions. Evaluates the strategic potential of prospects; develops and executes a plan for capitalizing on those opportunities in the near and long term. Develops in-depth knowledge of the assigned clients, their sensitivities, and their business needs to effectively influence their decision-making. Coordinates sales opportunities for assigned clients across T. Rowe Price business units as necessary.
  • Partners with marketing team contacts and other sales teams to develop promotional and pitch materials. Generates ideas, messages, and tactics for assigned business unit to promote the organization's products and services to client contacts. Coordinates with the request for proposal team to develop innovative responses. Develop and executes relationship management strategy for target engagements to drive sales and ensures successful client relationship performance. Retains direct client management of key clients.
  • Assembles teams across the business unit to deliver tailored presentations based on custom needs of clients. Develops new leads with large, complex clients and pitches new opportunities.
  • Serves as an expert on best practices, new regulatory requirements, industry trends, and competitor services / offerings throughout the function. Oversees research activities to ensure focus on developing market-based solutions based on client needs. Analyzes highly complex data, trends, plan changes, and strategies to keep up to date with sales / relationship performance. Leverages expertise to interpret and apply highly complex key metrics in advising clients. Applies significant influence, guiding client decision-making on matters of high importance.
  • Negotiates the most complex sales across a wide product and services portfolio on a regional and / or global basis, engaging the appropriate internal contacts, as directed, to ensure contract requirements are in alignment with organizational policies and standards. Applies considerable latitude in determining optimal approach to meet the needs of T. Rowe Price and the client.
  • Qualifications

    Required :

  • Bachelor's degree or the equivalent combination of education and relevant experience AND
  • 8 years of total relevant work experience
  • FINRA licensing Series 7 and 63
  • Preferred :

  • Experience supporting retirement plan sales in the Core Market
  • Prior business development experience through partnership with financial advisors.
  • FINRA Requirements

    FINRA licenses are required and will 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.

    96,500.00 - $175,000.00 for the location of : Maryland, Colorado, Washington and remote workers

    96,500.00 - $175,000.00 for the location of : Washington, D.C.

    96,500.00 - $175,000.00 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 / 5 / 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

    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 : $96,500 - $175,000

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