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.
The T. Rowe Price Investment Management Team is seeking a Quantitative Analyst to make a meaningful contribution to their quant research and analytics efforts, with a key focus on generating alpha.
Principal Responsibilities
Independently conduct research in the area of quantitative finance related to stock selection and portfolio management under guidance of a senior associate. Job involves the following:
- Perform quantitative / statistical research on financial data to improve current stock selection models in collaboration with existing research team.
- Conduct research and analysis on other investment management research topics, such as risk and portfolio construction.
- Consult for fundamental Portfolio Managers and Analysts in using quantitative stock selection models.
- Familiarity analyzing and evaluating investment insights from alternative data.
- Collaborate with technology associates to ensure data/model production processes are robust and accurate.
- Keep abreast of industry and academic research and implement new research ideas.
QualificationsRequired:
- BA/BS in Mathematics, Finance, or closely related field with other related strong credentials/strong academic background and 2+ years of work experience.
- Technical or statistical programming skills with a demonstrated ability to apply those skills to modeling problems.
- Excellent communications and inter-personal skills with the ability to excel in a dynamic and interactive team environment.
- Ability to work independently as well as a part of a team.
Preferred:
- A graduate degree such as a MS or an MBA with a Quantitative Finance specialization is strongly preferred and 3+ years of experience
- Completion of or progress towards CFA or comparable designation. Commitment to obtain a CFA charter.
- Prior experience in the financial services industry, preferably in quantitative research.
- Programming experience in R.
- Experience conducting empirical research and working with large data sets.
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 one day per week from home.
Base salary ranges:
$125,000.00-$200,000.00 for the location of: California, New York
$125,000.00-$200,000.00 for the location of: Washington, D.C
$125,000.00-$200,000.00 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:
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Competitive compensation
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Annual bonus eligibility
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A generous retirement plan
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Hybrid work schedule
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Health and wellness benefits, including online therapy
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Paid time off for vacation, illness, medical appointments, and volunteering days
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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.
Top Skills
What We Do
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.
Headquartered in Baltimore, Maryland, we provide an array of mutual funds, subadvisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors.
At T. Rowe Price, we believe in strategic investing. It has guided how we do business for more than 80 years, and it’s driven by independent thinking and rigorous research. So our clients can be confident that we’ll strive to select the right investments as we help them achieve their objectives. Strategic investing means that we don’t stop at surface level analysis. Instead, we go beyond the numbers. Our investment professionals travel the world, visiting the companies they evaluate. It’s this passion for exploration and understanding that has helped inform better decision-making and prudent risk management for our clients since its founding by Thomas Rowe Price Jr. in 1937.
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