Portfolio Governance and Reporting Director

Baltimore, Maryland

T. Rowe Price
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Portfolio Governance and Reporting Director page is loaded Portfolio Governance and Reporting Director Apply locations Baltimore, MD Owings Mills, MD - Building 1 time type Full time posted on Posted 30+ Days Ago job requisition id 69629

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premierassetmanagerfocused 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.

Role Summary

T. Rowe Price's Transformation Office is seeking a Portfolio Governance and Reporting Director for our Baltimore office. Reporting to the Change Portfolio Director, this individual will:

  • Lead the enterprise portfolio management, reporting and ensure effective governance and oversight from initiation through closure with business value realization measurement.

  • Collaborate with cross-functional teams to define project priorities, resource allocation and strategic goals.

  • Drive the development and implementation or portfolio management tools and methodologies to enhance decision-making processes.

  • Monitor and evaluate portfolio performance to ensure alignment with business objectives and identify areas of improvement.

  • Drive benefit achievement through consistency practices of the change lifecycle and by measuring key performance indicators and solution adoption. Manage project staff, vendors, schedule, and budget to ensure optimal alignment of resources with prioritized demand.

  • Partner with the business to ensure our people and budget are focused on the right initiatives.

  • Provide transparency in project progress and anticipate major risks across the project life cycle.

  • Proactively craft feasible solutions to combat risks and issues.

  • Exercise sound judgment balancing risks and making prompt decisions in ambiguous or difficult situations.

  • Ensure project solutions meet quality and reliability requirements and that the launch approach meets or exceeds adoption targets.

  • Apply enterprise execution standards across a variety of methodologies such as Agile, Waterfall, Six Sigma, Lean, Kaizen, etc.

  • Deliver insights across programs into dependencies, resource constraints, and risks and drives appropriate mitigating actions.

  • Serve as an organizational resource to build project management capabilities across the business.

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

Desired:

  • Proven experience in portfolio management, preferably in a large-scale organization

  • Strong understanding of project management principles, methodologies, and best practices

  • Excellent leadership and communication skills, with the ability to collaborate effectively across all levels of the organization

  • Strong analytical and problem-solving abilities, with a focus on driving results and continuous improvement

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for remote work up to two days a week.

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 invest in our people through a wide range of programs and benefits, including:

  • Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions
  • Flexible and remote work opportunities
  • Health care benefits (medical, dental, vision)
  • Tuition assistance
  • Wellness programs (fitness reimbursement, Employee Assistance Program)

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. Similar Jobs (1) Portfolio Planning and Analysis Leader locations Baltimore, MD time type Full time posted on Posted 30+ Days Ago

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.
Date Posted: 11 April 2024
Job Expired - Click here to search for similar jobs