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Director, Equity Risk (Global Lead)

T. Rowe Price

Baltimore, MD

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JOB DETAILS
SALARY
$173,000–$295,000 Per Year
SKILLS
Academic Background, Analysis Skills, Asset Management, Bank Stress Testing, Best Practices, Chartered Financial Analyst (CFA), Communication Skills, Compensation and Benefits, Computer Programming, Computer Science, Consulting, Customer Relations, Data Analysis, Data Processing, Data Visualization, Develop Methodologies, Diversity, Economics, Equity Securities, Finance, Financial Analysis, Financial Mathematics, Fixed Income Investments, Global Financial Markets, Industry Standards, Interpersonal Skills, Investment Management, Investment Strategy, Leadership, Legal, Market Tracking, Mathematics, Military, Operations Research, Organizational Skills, Performance Modeling, Physics, Prototyping, Python Programming/Scripting Language, Quantitative Analysis, Quantitative Risk Assessment (QRA), R Programming Language, Regulations, Reporting Dashboards, Reporting Skills, Requirements Management, Research & Development (R&D), Retirement Plan, Risk, Risk Analysis, Risk Management, Risk Modeling, Sales Prospecting, Securities, Statistics, Stock Market, Team Lead/Manager, Team Player, Test Plan/Schedule, Time Management, Value At Risk (VaR)
LOCATION
Baltimore, MD
POSTED
8 days ago
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 Equity Risk Director position is a key role within Investment Risk at T. Rowe Price. The Investment Risk team, which is part of the firm’s Enterprise Risk Group, consists of 38 associates located in the United States, United Kingdom, Luxembourg, and Singapore, supported by dedicated technology resources in the US and UK. T. Rowe Price is a leading global asset manager, entrusted with managing $1.79 trillion in client assets as of November 2025 and serving millions of clients globally who rely on the firm for its retirement expertise and active management across asset classes. This role is a high-impact leadership role, reporting to the Associate Head of Investment Risk who oversees Market Risk, where you will lead a global team with 5 direct reports to provide effective risk oversight of the equity investment division, risk coverage for important equity strategies, and drive the evolution of risk analytics and modelling tools. The director will collaborate with senior investment and risk leadership, and portfolio managers, delivering actionable, value-added, risk insights that support risk aware investment decisions and robust oversight. The Equity Risk Director also provides risk consultancy for investment teams, which includes deep-dive risk analyses, supplementary stress testing, and tail risk analysis. In addition to possessing risk modeling expertise, the director must demonstrate a thorough understanding of equity investment strategies, markets, and macroeconomic risk drivers. Effective collaboration with Equity Risk team members, other teams within Investment Risk, and our dedicated Technology team, is another key determinant of success. To be successful, the incumbent must have: Extensive experience in the asset management industry with a focus on equity market risk, gained through roles in risk management or investment departments. A clear understanding of buy-side risk management, equity investment strategies, and global financial markets. The ability to communicate effectively with the team and key stakeholders, including senior investment division leaders, portfolio managers, and external clients/prospects/consultants. Programming skills to process and visualize data and perform computations efficiently. Responsibilities Day-to-day Risk Management: Review and interpret equity risk analytics and dashboards. Identify, measure, monitor, and communicate key portfolios risks focusing on identifying significant sources of risk (e.g., factors, securities, sectors, etc.) and material changes in risk profiles. Analyze tail risks and conduct stress tests based on hypothetical and historical scenarios. Collaborate with equity investment staff to understand their strategies and risk taking in portfolios. Risk Reporting & Tool Development: Prototype and develop risk reporting and interactive tools to extend upon vendor risk platforms (primarily MSCI BarraOne and RiskManager) Specify data requirements for inclusion in dashboards, and reports, and proprietary systems; research and develop new methodologies and techniques. Partner with Technology associates to define requirements and support testing throughout the development process. Present analytical results effectively to drive adoption among stakeholders. Stakeholder Communication: Engage with a diverse range of stakeholders beyond frequent contact with investment teams, including client-facing professionals, management, oversight committees, clients, consultants, and prospective clients, as appropriate. Demonstrate technical expertise and an up-to-date knowledge of investment strategies and markets. Communicate complex topics confidently and clearly, both verbally and in writing. Contribute to timely written responses for client, prospect, consultant, regulatory, and internal requests. Ad-hoc Analysis & Projects: Perform quantitative analyses in response to requests from investment management, portfolio managers, and risk team members. Collaborate with Investment Risk team members to ensure methodologies are sound and best practices are followed. Reconcile results with other in-house findings before sharing with investment teams. Qualifications Required: Passion for risk management and a demonstrated interest in financial markets through academic background, work experience and/or outside activities. Bachelor’s degree in a quantitative or scientific field such as quantitative finance/economics, statistics, applied mathematics, operations research, engineering, computer science, or physics. Experience with quantitative risk evaluation methods such as volatility, tracking error and Value-at-Risk. Equity and risk management experience in asset management. Programming skills in common languages and statistical analysis packages. Experience using industry standard risk modelling and performance attribution systems such as MSCI BarraOne and RiskManager. Strong data analysis, interpersonal, and communication skills. High standards of integrity, work quality, and organizational skills. Self-starter with high motivation and collaborative spirit. Intellectual curiosity and commitment to continuous learning. Preferred: Over 10 years of direct experience in equity risk management at a buy-side asset manager. Experience as a people leader. Master’s or PhD degree in a quantitative or scientific discipline. Advanced programming skills (Python or R). Completion or progress towards professional risk or finance accreditations such as CFA, FRM, and PRM. Experience working for a global asset manager with key personnel in multiple regions. 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. $173,000.00 - $295,000.00 for the location of: Maryland, Colorado, Washington and remote workers $190,000.00 - $324,000.00 for the location of: Washington, D.C. $216,000.00 - $350,000.00 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. T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on–now, and over the long term. Not ready to apply? Join our Talent Community!

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T. Rowe Price