RFP Specialist

RFP Specialist

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 RFP Specialist plays a critical role in advancing the strategic sales objectives of T. Rowe Price's global distribution units by supporting client servicing and prospecting activities. This includes ensuring that Request for Proposal (RFP), Request for Information (RFI), and Due Diligence Questionnaires (DDQ) are created accurately and timely in accordance with client expectations. Coordination with global distribution units and subject matter experts (e.g. product, investment) as needed is essential to complete these requests with the objective of winning and retaining business.

The RFP Specialist is responsible for supporting senior RFP team members as well as managing less complex requests independently as appropriate. The RFP Specialist is expected to adhere to internal processes and partner effectively with team members across Global RFP to deliver high quality, compelling documents.

Responsibilities

The RFP Specialist is responsible for preparing, customizing, and managing content for deadline-driven requests for proposals from prospects and current clients:

• Working within the agreed protocols and parameters of the T. Rowe Price RFP/DDQ process; including use of RFP Library Responsive, leveraging tech solutions, adhering to process and policy documents, sourcing information internally, and maintaining accurate and up-to-date statistics in the record system.
• Effectively collaborating with all stakeholders required for effective proposal creation and delivery: Accurately highlight outliers, ensure information and data is correctly sourced; working with RFP Editors and SMEs to ensure timely delivery of requests. This also includes the formatting of the final response, attachments, and uploading to portals as well as working with Content Managers to ensure that original or revised content is vetted and captured.
• Making an effort to tailoring the firm's standard responses as needed to ensure that competitive positioning points are communicated relevantly and effectively within each output; ensuring that each proposal exhibits editorial integrity, the firm's voice, branded strategies and a high degree of readability.
• The RFP Specialist will be working on multiple project proposals at any given time so needs to be adept at project management co-ordination to ensure the accurate and timely delivery of deadline-driven tender documents.
• Supporting and advocating for the adoption of technical solutions: Leverage AI and automation tools to enhance proposal development efficiency and effectiveness. The RFP Specialist needs to stay abreast of technical developments at the industry and firm level, demonstrating optimal utilization of the RFP team's technological resources. Active involvement in testing new technologies and defining best practices is crucial, encompassing AI utilization, process automation recommendations, and other innovative solutions.

Qualifications

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 4+ years of total relevant work experience

Preferred:

• Demonstrates an interest of the application of technology in business processes, including AI and other software to enhance workflow
• Ability to handle multiple projects in a deadline-driven environment

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$51,000.00 - $87,000.00 for the location of: Maryland, Colorado, Washington and remote workers

$56,000.00 - $95,500.00 for the location of: Washington, D.C.

$64,000.00 - $109,000.00 for the location of: New York, California

This job is eligible for overtime pay.

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.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

Benefits

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
• 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

Learn more about our benefits.

T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.