Director, Equity Risk (Global Lead)

Requisition Number: 78433

Position Title:

External Description:

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.

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Community / Marketing Title: Director, Equity Risk (Global Lead)

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.