Job Information
T. Rowe Price Manager, Investment Risk in Baltimore, Maryland
There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.
ROLE SUMMARY :
The Risk Analytics Manager is a member of the Risk Analytics team within T. Rowe Price’s independent Investment Risk function, which sits within the firm’s Enterprise Risk Group. Investment Risk is a global function with associates in North America, the United Kingdom, Europe, and Asia that helps to ensure compliance with global regulations, provides independent oversight of risk taking across 1.4T USD in equity, fixed income, and multi-asset strategies, and offers risk consulting services to the firm’s portfolio managers and Investment Division leadership.
The Risk Analytics Manager reports to the Risk Analytics Director, who is a member of the Investment Risk lead team and will play a critical role ensuring Investment Risk and the firm’s Investment Divisions have access to data, tools, and reporting necessary to support robust and risk-aware investment processes.
RESPONSIBILITIES:
The Risk Analytics team has two primary areas of accountability and the individual hired into this role will have responsibilities that broadly span both:
Production support for vendor and proprietary risk tools
Vendor onboarding and implementation
Account / benchmark setup and maintenance
Instrument setup and maintenance
User access controls
Data quality and completeness checks, resolution of identified issues, restatement of incorrect data, and root cause analysis and solutioning to correct identified issues
Engagement with the firm’s SSoTs (single sources of truth) to ensure Investment Risk’s needs are considered in the design of enterprise platforms
Reporting
Respond to internal and external (to the firm) requests for standardized investment risk data
Modernization and maintenance of standardized risk reporting and dashboards, for audiences including risk committees, boards, regulators, clients, Investment Risk and Investment Division stakeholders
The Risk Analytics Manager will partner with associates from across the firm (Investments, Enterprise Risk, Legal & Compliance, Global Investment Operations, Front Office Technology, Chief Data Office, etc.) to carry out their duties. The associate will also play a leading role in development work designed to modernize the team’s capabilities, which will often be carried out in close coordination with Investment Risk’s dedicated technology support team. Projects carried out with the technology team will require the associate to develop comprehensive business requirements, work in an Agile framework with technology, and carry out robust user acceptance testing.
Due to the dynamic and ever-increasing complexity of T. Rowe Price’s business, the associate in this role will be expected to continually engage in learning activities to grow their skills and knowledge base to stay up to date with new risk modeling tools, new instrument types, and new investment strategies. This learning may take many forms, including attending conferences.
Qualifications:
Required:
Bachelor's degree or the equivalent combination of education and relevant experience AND
3+ years of total relevant work experience
Preferred:
Bachelor’s degree in business/finance or a quantitative field such as quantitative finance, statistics, applied mathematics, engineering, or computer science and 3+ years of relevant investment risk management buy side experience
Post-graduate/Master’s in business/finance or a quantitative field such as quantitative finance, statistics, applied mathematics, engineering, or computer science
Investment risk management experience with a substantial portion dedicated to equity risk at a buyside, long-only asset manager
A thorough understanding of multi-factor risk modeling using fundamental, technical, and economic risk factors
Knowledge of equity derivatives pricing and risk modeling
Strong statistical programming and data analysis skills
Strong quantitative and analytical skills
Detailed knowledge of multi-factor risk models
Excellent communicator with the ability to present complex ideas clearly and confidently to non-technical/non-quantitative audiences
Strong interpersonal skills with the ability to handle complex interactions, reconcile differing views, and adapt style to various situations and audiences
Ability to influence and provide direction to associates who do not report to them
Ability to effectively prioritize and handle dynamically changing work requirements in a fast-paced environment
Enjoy working as part of a global team in a collaborative environment
Strong organizational skills
Results-driven mindset with high standards of work quality and integrity
Intellectually curious with a commitment to continuous learning
Professional accreditations such as CFA, FRM, PRM, CAIA
Experience with MSCI’s BarraOne and RiskManager platforms
Experience programming in R or Python
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for remote work up to two days a week
Commitment to Diversity, Equity, and Inclusion:
We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.
Benefits: We invest in our people through a wide range of programs and benefits, including:
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)
Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.
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.
T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on–now, and over the long term.
Not ready to apply? Join our Talent Community (https://troweprice.gr8people.com) !