Head of Corporate Real Estate & Workplace Strategy

Requisition Number: 79478

Position Title:

External Description:

About the Team
Our Corporate Real Estate & Workplace Strategy (CRE&WS) team creates environments that enable our associates to excel. We oversee the strategy, operations, and experience of our global workplace, ensuring spaces are safe, sustainable, and aligned with our culture and business goals. Our team partners with leaders across the organization to drive growth, efficiency, and engagement through thoughtful space and service solutions.

Role Summary
Reporting to the Chief Financial Officer, the Head of Real Estate & Workplace Services will set and execute a forward-thinking strategy supporting our evolving business needs and positioning T. Rowe Price as an employer of choice. This collaborative leader will optimize workplace environments across U.S. and international sites, proactively anticipate market trends, and deliver a world-class associate experience.

Responsibilities

• Strategic Leadership: Develop and execute long-term real estate and workplace strategies aligned with business objectives, workforce models, and sustainability commitments.
• Portfolio Optimization: Lead site selection, lease negotiation, acquisitions, and project delivery for office spaces globally. Optimize space utilization and workplace design to support hybrid work and business growth.
• Workplace Experience: Champion an inclusive, people-centric environment that fosters productivity, collaboration, and well-being. Continuously evolve the service delivery models to maximize efficiency and engagement.
• Cross-Functional Collaboration: Partner with business leaders and stakeholders across functions—including HR, Technology, Finance, and Operations—to align workplace strategy with organizational priorities and to drive enterprise-wide initiatives.
• Data-Driven Decision Making: Utilize data analytics and performance metrics to inform strategic decisions, optimize space and service delivery, and measure the impact of workplace initiatives on business outcomes and associate experience.
• Market Agility & Thought Leadership: Anticipate and adapt to shifts in real estate and workforce dynamics. Leverage market insights to keep the organization ahead of industry trends.
• External Engagement: Cultivate external relationships with stakeholders, potential partners, and influencers in key markets. Represent T. Rowe Price externally to strengthen our employer brand.
• Team Leadership & Governance: Develop and lead a high-performing global team. Establish KPIs for service, cost, and environmental impact. Ensure regulatory compliance and effective risk management.
• Vendor Management: Oversee strategic sourcing, contract negotiations, and performance of third-party providers.
• Capital Projects & Budgeting: Direct renovations, relocations, and capital improvements. Manage capital and operating budgets, ensuring effective forecasting and cost control.

Qualifications

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 12+ years of total relevant work experience and 8+ years of management experience

Preferred:

• Advanced degree in Real Estate, Business Administration, Architecture, Engineering, or a related field, with professional certifications such as MCR, PMP, LEED AP, or similar credentials.
• 5+ years of senior management experience, with a track record of leading cross-functional teams, setting strategic direction, managing complex budgets, and influencing executive stakeholders across multiple business units or regions. Experience should include oversight of significant organizational initiatives and proven ability to drive transformational changes at the enterprise level.
• Demonstrated success managing large, complex real estate portfolios and cross-functional teams. Global experience is a plus.
• Expertise in real estate strategy, facilities operations, workplace design, and capital project delivery.
• Proven ability to anticipate market changes and translate strategic goals into operational results.
• Strong business acumen and executive partnership skills.
• Exceptional communication, negotiation, and stakeholder management capabilities.
• Experience leading global teams across diverse regions and cultures.
• Collaborative, proactive leader able to thrive in a dynamic, highly visible role.

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.

City:

State:

Community / Marketing Title: Head of Corporate Real Estate & Workplace Strategy

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.