Director, Third Party Risk Management

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. **Role Summary** The Director – Third Party Risk Management is aSecond Line of Defense (2LoD)leadership role responsible for thestrategic development, oversight, and ongoing maturation of the firm’s Third Party Risk Management (TPRM) program. Reporting to the Head of Privacy & TPRM, this role is regarded as asubject matter expert in third-party riskand plays a key role in shaping the firm’s risk strategy, governance framework, and operating model following the implementation of anoutsourced TPRM capability.**Responsibilities** - Establish clear roles, responsibilities, and RACI alignment across 1LoD, 2LoD, and outsourced providers.**Qualifications** 10+ years of experience inthird-party risk management, operational risk, or compliance, with significant experience in a2LoD capacitywithin financial services or asset management (or other industry subject to equivalent re- Demonstrated experiencedesigning, implementing, or maturing a TPRM program, including oversight of outsourced or co-sourced models.Proven ability to operate as a trusted expert and strategic advisor to senior leadership.- Experience supporting global or complex vendor ecosystems.Experience leveraging AI, automation, or advanced analytics in TPRM oversight- Extensive experience with TPRM and GRC platforms (e.g., ServiceNow, Coupa).- Strong executive-level reporting and data visualization skills (e.g., Power BI).- Experience implementing metrics, KRIs, and dashboards aligned to risk appetite.**Key Competencies** * Recognized expertise in third-party risk management.* Strategic mindset with hands-on oversight capability.* Ability to lead through influence in a matrixed, regulated environment.- Strong executive presence and ability to provide credible challenge.- Excellent written and verbal communication skills.Placement within the range provided above is based on the individual’s relevant experience and skills for the role.

Base salary is only one component of our total compensation package.

Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.

Featured employee benefits to enrich your life:

Competitive compensation

Health and wellness benefits, including online therapy

Family care resources, including fertility and adoption benefits #J-18808-Ljbffr