Analyst, Middle Office – Venture Capital & Securities Lending

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.

Analyst, Middle Office – Venture Capital & Securities Lending

Team Summary:

The Middle Office Distribution & Funding (MODF) team is part of Global Investment Operations. The team provides oversight and daily operational support for Venture Distribution Management Services (DMS), Securities Lending, and Cash Management.

Role Summary:

We are seeking a Middle Office Analyst to administer and process the books and records for our Venture Capital accounts distributions. The successful candidate will coordinate, book, check, and validate transfers, settlements, redemptions, reconciliations. This role will also be responsible for operational functions related to our securities lending program covering our proprietary products, including direct oversight of our securities lending agents.

The role requires an understanding of complex securities transactions, meticulous attention to detail, and the ability to meet tight deadlines. The Analyst will be expected to provide effective coordination of process and information with other team members and drive process improvement initiatives.

Responsibilities:

Venture Distribution management Service (DMS):

• Take charge of assigned tasks related to workflow management, distribution preparation and processing, and coordinating with clients to collect all required distribution notices.
• Work independently within established procedures, controls, and checklists to ensure the accurate and compliant processing of Venture Capital distribution.

Securities Lending (SL):

• Perform daily review and compliance check of SL information provided by lending agents.
• Aggregate and deliver periodic (daily, weekly, monthly, ad-hoc) reports to internal and external stakeholders.
• Participate in communication of loan opportunities between Lending Agents, Investment Liaisons, Traders, and Portfolio Managers.
• Manage loan parameter change process – new fund enrollment, fund termination, fund-specific restrictions, etc.

DMS and SL:

• Act as a point of contact for complex problem resolution, providing expert solutions to clients, third-party vendors, SL agents, and internal team inquiries.
• Establish and maintain a robust daily handoff protocol to the US team, ensuring a smooth transition of ongoing distribution/Securities Lending activities, and resolution of outstanding inquiries, or issues.
• Proactively drive continuous process improvements, to enhance operational efficiency.
• Synthesize feedback from management and third-party vendors, ensuring improvement in timeliness and quality of service delivery.

Typical Qualifications:

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

Preferred Qualifications:

• Middle Office experience in one or more of the following areas – portfolio management support, investment operations reconciliations, pre-trade, post-trade processing
• Knowledge of venture capital or financial services industry a plus
• Exceptional analytical and communication skills, attention to detail and diligence
• Demonstrated ability to:
  • identify and mitigate operational, financial, and reputational risk
  • manage competing priorities and deadlines
  • communicate clearly including strong presentation and negotiation skills
  • collaborate in a team environment and build strong relationships
• Interest or experience maintaining positive client-focused relationships, using investigative skills, and being confident in interactions with Clients and Front office
• Strong skills in Excel, Adobe, Word, and PowerPoint

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 two days per week from home.

Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).

Base salary ranges:

$83,000.00 - $141,000.00 for the location of: California, New York
$72,500.00 - $124,500.00 for the location of: Washington, D.C
$66,000.00 - $113,500.00 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 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 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.