Senior Manager – Manager Research

Role Summary

The Senior Manager - Manager Research will be responsible for implementing qualitative and quantitative due diligence processes to evaluate, select, and monitor internal and external investment strategies across both traditional and alternative asset classes. This position supports manager research for all investment strategies used across the T. Rowe Price Multi-Asset (MA) division.

Responsibilities

Ongoing Due Diligence (85%):

• Conduct internal and external due diligence activities, including meeting with investment teams, across underlying strategies used within T. Rowe Price multi-asset portfolios.
• Coordinate with research and risk teams to augment monitoring and reporting activities.
• Represent MA division with clients and consultants as related to due diligence process and oversight.
• Serve as subject-matter-expert on due diligence oversight of underlying T. Rowe Price and external portfolios’ investment processes, people, performance, external ratings (e.g., Morningstar, Lipper), etc. for internal and external audiences.
• Use technology resources to improve the efficiency of the due diligence process.

New Manager Search and Selection (15%):

• Coordinate with internal teams in developing open architecture mandates and responding to RFPs.
• Conduct comprehensive manager searches and assist in the selection of best-in-class solutions.
• Establish relationships with third party managers to source data, performance, commentary, and related materials.
• Coordinate on operational, legal and compliance related aspects of on-boarding third party managers.

Qualifications

Required:

• BA/BS degree in finance or related field, with strong credentials and relevant work experience.
• Minimum of 3 years of manager due diligence experience.
• Strong presentations and writing skills.
• Strong analytical and problem-solving skills.
• Excellent communication and inter-personal skills with the ability to excel in a dynamic and interactive team environment.
• Ability to work both independently and as part of a team.

Preferred:

• 7+ years of manager research experience across asset classes.
• Experience with both traditional and alternative investment strategies (e.g. hedge funds, private equity, private credit and direct investments)
• Experience with asset allocation products, portfolio construction and related concepts.
• Expertise in using analytical tools such as FactSet, Bloomberg, eVestment, Morningstar Direct, etc.
• Client facing experience. 
• Completion of or progress towards CFA, CAIA or comparable designation.
• A self-starter with leadership qualities and ability to “own” initiatives and work in a dynamic environment.

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

Please review the job posting for the location of this specific opportunity.

$90,000.00-$120,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$90,000.00-$120,000.00 for the location of: Washington, D.C.
$90,000.00-$120,000.00 for the location of: New York, California

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

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all. 

Benefits

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.