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.
About This Position
The Cash and FX Investment Analyst is responsible for the coordination of cash data, management of currency (portfolios), trading and hedging, and the establishment, implementation and ownership of cash and FX strategies, processes and policies.
Responsibilities
- Oversee cash balances and cash flow activity for multi-asset, equity, and fixed income accounts. Evaluate data and communicate with other investment staff to ensure proper trading and settlement timing. Review trading activity to verify consistency with cash flow details. Act as primary contact for cash and FX related data. Drive firm-wide cash practices and policies. Assess impacts to cash management resulting from non-cash issues, changing business practices, or process gaps.
- Manage currency in equity and fixed income accounts. Monitor balances and related cash flow and trading activity to identify currency needs. Raise FX orders on the back of trading and to cover cash flows or to repatriate balances resulting from income or corporate actions.
- Manage hedging strategies for equity, fixed income and asset allocation strategies. Calculate, generate and route FX orders, roll forward positions, monitor exposure, and evaluate results of hedging strategies. Evaluate trading costs, settlement issues, and trading strategies. Identify and implement appropriate customized investment hedging strategies and processes for new mandates
- Lead and participate in projects impacting cash and currency management, including but not limited to monitoring of surplus cash investment vehicles, development of cash and FX systems and processes, and governing of FX standing instructions.
Qualifications
Required:
- Bachelor’s degree and 6+ Years T. Rowe Price or related experience
- 2-4 Years demonstrating proficiency in Intermediate Cash Analyst Role
- Demonstrated knowledge in all aspects of cash management
- Ability to influence and drive consensus
- Demonstrated ability to manage projects
- Working knowledge of investments, portfolios, and stock trading principles
- Ability to understand the impact on cash management of complex instruments such as futures, options, and total return swaps, as well as the additional complexities of global mandates, including international securities and regional timing & settlement differences
- Excellent communication and interpersonal skills
- Ability to ask for and assimilate communication from multiple parties to make pertinent trading decisions is paramount.
- Attention to detail and accuracy
- Ability to work both independently and as part of a larger team
Preferred:
- College degree and five years of related work experience, or a minimum of 10 years related work experience
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:
$90,000.00-$115,000.00 for the location of: California, New York
$90,000.00-$115,000.00 for the location of: Washington, D.C
$90,000.00-$115,000.00 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.
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.