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
Base Salary Ranges
$124,500.00 - $212,500.00 for the location of: California, New York
$109,500.00 - $188,000.00 for the location of: Washington, D.C
$99,500.00 - $170,500.00 for the location of: Colorado, Maryland, Washington and all other US locations
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
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 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.
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.
