Head of Corporate Real Estate & Workplace Strategy

T. Rowe Price • Baltimore, MD

15d • $200,000 - $350,000 • 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, y ou can expect opportunities to create real impact at work and in your community. Y ou’ll enjoy resources to support your career path, a s well as compensation , benefits , and flexibility to enrich your life. Here, you’ll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity . Join us for the opportunity to g row and make a difference in ways that matter to you . 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.

Requirements

• 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

Nice To Haves

• 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.

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.

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: Executive
• Number of Employees: 5,001-10,000 employees