DC Retirement Strategist

Requisition Number: 75259

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External Description:

About the Team

T. Rowe Price is a global investment management firm and a leader in retirement. Approximately two- thirds of T. Rowe Price’s assets under management are in retirement and retirement related accounts. The firm is a leading provider of investment and recordkeeping services to retirement plan sponsors, advisors, and plan participants. The firm is also the largest provider of active target date solutions in the industry, representing more than a quarter of the firm’s assets under management. As retirement has intensified as a global theme, the Global Retirement Strategy team was launched in January 2024 to accelerate the T. Rowe Price’s activities in this important segment. The team seeks to leverage the firm’s differentiated retirement platform to deepen its engagement with key retirement clients and advances an enterprise-level strategy that coordinates retirement initiatives, research, and expertise globally. Additionally, the group advises on the development of new products and services and helps amplify the firm’s voice in retirement policy discussions and in the broader media.

Role Summary

A principal role in driving the execution of our global retirement strategy is that of the DC Retirement Strategist. The DC Retirement Strategist serves as subject matter expert (SME) and lead ambassador to advisors, aggregators, and other key intermediaries on topics of interest and broader DC trends in support of intermediary sales and relationship management activities. This role will also provide insight and support to help drive DCIO strategy for our U.S. Intermediaries Retirement (USI) segment and for the broader retirement enterprise. It is essential that this leader has a proven ability to research, analyze and distill vast amounts data to capture, highlight and present evolving macro-DC trends and challenges in written and oral form, further reinforcing T. Rowe Price’s position as a major retirement thought leader. In addition to USI, this individual will also collaborate with his/her colleagues in other retirement business segments including Americas, Retirement Plan Services, Individual Investor, and with our teams in EMEA and APAC to maximize our organizational leverage.

This role reports to the Head of the Global Retirement Strategy team.

Responsibilities

• Contribute to the development of the global retirement strategy and research agenda with a focus on supporting the USI DCIO strategy.
• Support the growth of the retirement business by participating in advisor and intermediary meetings as a DC industry expert on a broad range of retirement industry issues including investment line-up design, target date fund trends, regulation, the convergence of retirement and wealth advice, advisor business strategies, etc.
• Develop and publish research whitepapers and presentations that address topical subjects of interest for the advisor-intermediated DC marketplace and serve as a spokesperson for the findings contained therein.
• Act as a DC industry subject matter expert (SME) and assist in deepening and expanding relationships with a variety of key DC advisor relationships.
• Represent T. Rowe Price as SME and presenter at advisor industry conferences, national sales meetings for recordkeepers and aggregator clients, and press briefings.
• Serve as a SME for the firm’s brand-building efforts with emphasis on the advisor-intermediated DC plan marketplace and industry associations.
• Fifty-percent travel with DCIO Field and National Account teams to present retirement thought leadership.
• Contribute to the firm’s DCIO-related product development and product management activities.
• Help to facilitate DC industry educational programming for USI, consultant, and relationship management teams.
• Lead our strategy and engagement with the DC Advisory Council and the USI Retirement Associate Advisory Board.
• Member of the USI Retirement Leadership Team helping to shape the go-to-market planning for our DCIO advisor platform.
• Collaborate across the T. Rowe Price retirement enterprise on DC industry topics and assist with the implementation of firm-wide DC initiatives.

Qualifications

Required:

• Deep industry expertise, especially with advisors, with a solid understanding of both the issues they face and DC industry trends more generally.
• Capacity to assimilate and distill a wealth of industry, client, and analytical data, coupled with the ability to effectively communicate on-point and actionable insights pertaining to a broad range of DC industry issues (inclusive of investment and non-investment related subject matter areas).
• Experience in leading primary market research, including survey construction, through the development of key findings and a narrative.
• Must have a comprehensive understanding of financial investment products and relationship management strategies.
• Reputation for having a high level of accountability and integrity coupled with a collegial team oriented operating style. Proven ability to thrive in cross-functional, cross-business unit team settings.
• Considerable experience with performance attribution, DC marketplace trends, asset allocation, the retirement competitive landscape and overall market developments is required.
• Demonstrated knowledge of the investment issues and challenges advisors and DC plans face is essential.
• Superior communication and presentation skills to effectively position T. Rowe Price across a range of audiences in terms of investment sophistication and DC knowledge, as well as to internal constituents.
• Strong relationship management, collaborative, and interpersonal skills.
• Strategic orientation with the ability to employ a problem-solving oriented approach in both external and internal interactions.

Preferred:

• MBA and/or CFA preferred but not required.

FINRA Requirements

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

Work Flexibility

This role is eligible for full time remote work.

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Community / Marketing Title: DC Retirement Strategist

Company Profile:

Location_formattedLocationLong: 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.