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T. Rowe Price

Manager, Investment Risk

T. Rowe Price, Baltimore, Maryland, United States, 21276


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. (https://www.troweprice.com/corporate/us/en/careers/benefits.html)

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.