Occupancy Planner at T. Rowe Price

Baltimore, Maryland, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Financial ServicesIndustries

Requirements

Strong analytical mindset
Excellent communication skills
Ability to translate detailed data and high-level business goals into actionable real estate and space solutions

Responsibilities

Collaborate with senior leadership and business units to develop a data-driven corporate real estate strategy that supports business goals, financial objectives, and the overall associate experience in the workplace
Oversee space portfolio, monitor supply, demand, and capacity requirements, and identify patterns and/or areas of low/high occupancy density or usage, anticipate future space needs to inform opportunities for better utilization
Prepare and maintain accurate occupancy reports using CAFM program (PlanOn, FMS) including employee locations, furniture layout, room configurations and specialty spaces are all correctly identified on floor plans
Conduct in-depth space and occupancy audits and analysis, including space utilization rates, occupancy costs, and market trends, to identify opportunities for optimization, consolidation, and inform strategic real estate decisions
Create high-level block and stack plans for buildings and campuses, effectively allocating space to departments and business units based on adjacency and functional requirements and growth projections
Develop and evaluate various real estate and occupancy scenarios, assessing their financial implications to support decision-making and quantify the value of proposed solutions
Maintain accurate occupancy data and generate and present comprehensive reports and dashboards on occupancy trends, utilization metrics, and strategic portfolio performance
Develop and maintain workplace standards, occupancy planning playbook, guidelines, operating procedures, and best practices

Skills

Occupancy Planning

Space Utilization

Data Analytics

Real Estate Strategy

Workplace Strategy

Portfolio Management

Stakeholder Management

Strategic Reporting

Space Data Management

T. Rowe Price

Global asset management and investment advisory services

About T. Rowe Price

T. Rowe Price provides investment advisory services and retirement solutions to individual investors, financial intermediaries, and institutions. The firm employs a disciplined investment approach supported by extensive research to deliver long-term value. It generates revenue mainly through management fees based on the assets it manages, which amounted to $1.569 trillion as of June 30, 2024. T. Rowe Price serves a wide range of clients, including individual investors, retirement plan sponsors, and institutional investors like endowments and foundations. Its global reach and experienced investment teams enable the firm to offer various investment strategies and products, helping clients achieve their financial goals.

Baltimore, MarylandHeadquarters

1937Year Founded

$78,115.8MTotal Funding

IPOCompany Stage

Quantitative Finance, Financial ServicesIndustries

10,001+Employees

Benefits

Paid Volunteer Time

Parental Leave

Learning & Growth Resources

Matching Charitable Gifts

Health Care Benefits

Generous Retirement Plan

Risks

Increased competition from AI-powered platforms challenges T. Rowe Price's traditional strategies.

Departure of key personnel may impact T. Rowe Price's wealth management capabilities.

High valuations of AI startups could divert capital from traditional asset management firms.

Differentiation

T. Rowe Price offers a comprehensive range of investment strategies across various asset classes.

The firm emphasizes long-term value through disciplined investment and extensive research capabilities.

T. Rowe Price's global reach and diverse client base enhance its market position.

Upsides

Growing interest in AI-driven investment strategies presents new opportunities for T. Rowe Price.

The rise of quantum technology aligns with T. Rowe Price's focus on tech startups.

Collaboration trends in biotech offer potential investment opportunities in genetic medicine.

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