Product Manager, ETF

T. Rowe Price • Baltimore, MD

14h • Hybrid

About The Position

The Global ETF Product Team is seeking an ETF Product Manager to help shape and execute T. Rowe Price’s ETF strategy across the U.S. and UCITS markets. The role will help advance initiatives across the product lifecycle, from market and client research and business case development through product governance, launch, ongoing monitoring, and other lifecycle actions. Working with partners across the firm, the Product Manager will translate client and distribution needs, T. Rowe Price investment capabilities, competitive dynamics, product economics, regulatory requirements, and operating considerations into clear recommendations and execution plans. The successful candidate will combine strong product judgment and analytical rigor with the ability to navigate complex, cross-functional work. The role offers broad exposure to Investments, Distribution, ETF Capital Markets, Operations, Technology, Finance, Legal, Risk, Compliance, and regional product teams, as well as the opportunity to contribute to the continued development of T. Rowe Price’s global ETF capabilities.

Requirements

• Bachelor’s degree or the equivalent combination of education and relevant experience, and Five or more years of total relevant work experience.

Nice To Haves

• Knowledge of U.S. and/or UCITS ETF structures, including active ETFs.
• Strong analytical, written, verbal, presentation, and interpersonal communication skills.
• Experience with ETFs and/or another pooled investment vehicle, including product strategy, product development, implementation, or lifecycle management.
• Demonstrated ability to develop product business cases, evaluate product economics and performance, and synthesize complex qualitative and quantitative information into clear conclusions and recommendations.
• Strong PowerPoint and Excel skills, with experience using Morningstar Direct, Broadridge, eVestment, or comparable investment-product and market-data tools.

Responsibilities

• Conducts product management activities related to new ETF launches, mutual fund-to-ETF conversions, restructurings, mergers, closures, and other product changes, including changes to fees, benchmarks, names, or product features.
• Collaborates with other Global Product teams and cross-functional partners to develop and challenge business cases for new ETFs and changes to existing ETFs.
• Gathers and integrates internal insights and external client, market, competitor, and industry data to inform ETF product strategy and roadmap recommendations.
• Researches regulatory and industry developments and works with Legal, Risk, Compliance, Operations, ETF Capital Markets, and regional Product teams to evaluate potential implications for existing and proposed ETFs.
• Supports the planning, preparation, and execution of product governance meetings for senior management, product committees, Boards of Directors, and other stakeholder groups.
• Develops complex analytical support and decision-oriented documentation, presents materials as appropriate, and tracks resulting decisions and required follow-up.
• Independently creates, updates, and improves product- and vehicle-specific policies, procedures, reporting, dashboards, templates, and recurring processes.
• Identifies opportunities to improve data quality, strengthen controls, increase consistency across regions, reduce manual work, and create scalable product-management practices.
• Maintains accurate product-related data in applicable systems and reports.

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
• 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)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level