Director, Middle Office Collateral Management

At T. Rowe Price, we are looking for a driven and detail-oriented professional to join our team as Director of Middle Office Collateral Management. Reporting to the Chief Operating Officer, the successful candidate will be a key player in our firm’s operational risk management by overseeing the collateral portfolio and leveraging their expertise to identify, quantify, and manage risk. The ideal candidate for this position will have a Bachelor’s degree in Accounting, Finance, Economics, or a related field and at least 8 years of experience in middle office operations, collateral management, or a related area. A combination of the below qualifications and experience are required to be successful in this role:• Excellent knowledge of financial products, derivatives, and collateral management• Proven track record of managing teams and mentoring junior staff• Demonstrated ability to identify areas of operational risk and develop effective risk mitigation strategies• Excellent communication, organizational, and problem-solving skills• Ability to work in a fast-paced environment and adapt to changing prioritiesIf you have a passion for operational risk management and are looking for a new challenge, this is the perfect opportunity for you! We are looking forward to reviewing your application.

Responsibilities:

1. Oversee the collateral portfolio and identify, quantify, and manage risk.
2. Mentor and manage teams of junior staff.
3. Develop effective risk mitigation strategies.
4. Communicate risk management strategies to the Chief Operating Officer and other relevant stakeholders.
5. Maintain excellent organizational, problem solving, and communication skills in a fast-paced environment.
6. Stay up to date with market trends and changing financial products, derivatives, and collateral management regulations.
7. Monitor and review operational risk management processes and procedures.
8. Adapt to changing priorities and provide guidance to team members.

According to JobzMall, the average salary range for a Director, Middle Office Collateral Management in Baltimore, MD, USA is $85,000 - $128,000 per year.

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, advisory services, account management, and retirement plans and services for individuals, institutions, and financial intermediaries.