Product Director, Individual Investors

Requisition Number: 72737

Position Title:

External Description:

Team Summary

The Individual Investor (II) Product team will have an investment product and vehicle orientation with accountability to our clients, ensuring that we can offer them the investment strategies and vehicle types that best suit their long-term investment needs, in alignment with the firm’s product and investment capabilities and objectives. The II Product team will have accountability for ensuring that we can adequately communicate the investment product needs of our clients while also meeting client demand for those products. The II Product team will be a key partner and influencer to the teams that are leading related initiatives required to support product distribution.

Role Summary

Has oversight of the full complement of products and vehicles within Individual Investor. Sets the strategic direction of our product line, in partnership with our Global Product teams. Has responsibility for developing the necessary infrastructure that needs to be in place to ensure that we can distribute in-demand products and vehicles to meet our client's needs and II's growth objectives. Serves as a key communicator to the II leadership team on all product-related initiatives. Serves as a consultant and advocate to our partners in Marketing, Client Experience, and Client Engagement on product-related initiatives.

Responsibilities:

• Manages the product and vehicle portfolio through strategy, development, and marketing across client segments. Partners with Global Product for enhancement or new/innovative features and determines the most viable options to pursue. Oversees new fund launches, fund changes, and other related fund operations and initiatives.
• Determines overall strategic positioning and targeted client segments for all products. Establishes the criteria for development and marketing of new products and solutions. Interprets and defines complex business problems into technical solutions.
• Oversees product development based on business and market needs for II and delivers on sales goals. Responsible for ensuring that all work conducted by subordinate team aligns necessary regulatory requirements; assists staff in navigating risk, legal, or compliance requirements.
• Partners with business unit leadership to understand future needs for products and services in support of the business strategy. Understands alignment of products and services across client segments.
• Recruits, directs, motivates, and develops a team, maximizing their individual contributions and their professional growth.

Qualifications:

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 10+ years of total relevant work experience

Preferred:

• Experience working within a larger product organization
• Strong financial acumen (investment vehicles, products, financial markets)

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.

City:

State:

Community / Marketing Title: Product Director, Individual Investors

Company Profile:

Location_formattedLocationLong: Owings Mills, Maryland US

CountryEEOText_Description: 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.