Director, Wealth Management - Strategic Initiatives

T. Rowe Price • Owings Mills, MD

1d • Hybrid

About The Position

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident. We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you. Role Summary The Wealth Management Director- Strategic Initiatives provides enterprise-level leadership for high-impact, time-bound initiatives that advance the strategy and broader Advice transformation. This role is accountable for driving complex initiatives from problem definition through execution, ensuring measurable outcomes aligned to business objectives. Operating within Individual Investors’(“II”) Wealth Management Strategy & Transformation team, this leader sets direction, frames decisions, and drives outcomes for priority initiatives while acting as an orchestrator across internal stakeholders rather than a delivery team substitute.

Requirements

• Bachelor’s degree or equivalent experience.
• 12+ years of experience in strategy, consulting, or transformation roles.
• Demonstrated success leading complex, cross-functional initiatives.
• Strong problem-solving, analytical, and financial modeling skills.
• Proven ability to influence senior stakeholders and drive decisions.
• Excellent communication skills with experience presenting to executive audiences.

Nice To Haves

• Experience in wealth management, financial services, or advisory businesses.
• Background in M&A, integration, or strategic partnerships.
• Experience leading enterprise transformation or large-scale initiatives.
• Strong understanding of operating model design and execution.
• Ability to operate effectively in highly ambiguous, fast-paced environments

Responsibilities

• Strategic Initiative Leadership & Ownership: Lead high-impact initiatives such as pilot synthesis, modular advice activation, advisor operating model changes, and M&A integration planning. Define initiative scope, success metrics, and execution plans aligned to priorities. Ensure initiatives deliver measurable business outcomes, including revenue growth and client adoption.
• Strategic Leadership & Decision Framing: Frame ambiguous problems, define hypotheses, and drive decision-making across complex initiatives. Develop executive-ready materials that translate analysis into clear recommendations. Build business cases quantifying financial impact, investment requirements, and risks.
• Cross-Functional Orchestration & Delivery Oversight: Coordinate across matrixed teams spanning II, Retirement Plan Services, Technology, Marketing, Legal, and external partners. Lead workstreams related to planning and integration with external partners or acquisitions. Manage dependencies, risks, and timelines to ensure successful execution.
• Operating Model & Change Enablement: Act as a problem-solver and integrator, not a program management office. Drive accountability across teams without direct authority. Support implementation of new capabilities, processes, and operating model changes. Ensure initiatives align with broader strategy and do not create fragmentation.

Benefits

• Competitive compensation
• Annual bonus eligibility
• A generous retirement plan
• Hybrid work schedule
• Health and wellness benefits, including online therapy
• Paid time off for vacation, illness, medical appointments, and volunteering days
• Family care resources, including fertility and adoption benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 1,001-5,000 employees