Associate Analyst – Centralized Private Equity Team, Baltimore or San Francisco

T. Rowe Price in; Baltimore (MD); Hybrid; USD 110,000 - 140,000; Full time

Job summary

T. Rowe Price seeks an Associate Analyst for its Centralized Private Equity Team in Baltimore or San Francisco. The role encompasses investment analysis, portfolio management collaboration, and finance engagement with executives. Ideal candidates are highly motivated with strong equity research experience and a Bachelor's degree. A hybrid work schedule is available.

Benefits

Hybrid work schedule

Annual bonus eligibility

Generous retirement plan

Health and wellness benefits

Paid time off for volunteering

Qualifications

• Strong academic record required.
• 2+ years in equity research.
• Preference for private company exposure.

Responsibilities

• Collaboration with portfolio managers and investment analysis.
• Customer diligence calls and drafting investment memos.
• Interaction with C-suite executives.

Skills

Financial modelling

Equity research

Attention to detail

Education

Bachelor's Degree

Tools

Excel

Job description

Associate Analyst – Centralized Private Equity Team, Baltimore or San Francisco (Finance)

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.

We believe doing the right thing for our clients and our associates is good business . With a career at the firm, y ou can expect opportunities to create real impact at work and in your community. Y ou'll enjoy resources to support your career path, a s well as compensation , benefits , and flexibility to enrich your life. Here, you'll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity .

Join us for the opportunity to g row and make a difference in ways that matter to you .

Role Summary

• As an active investor in late-stage private companies for over 15 years, with over US$23B invested over the years, 160+ exits and an active portfolio of 120 companies including Waymo, Canva, Databricks, Anduril, SpaceX, Bytedance, Stripe, T. Rowe Price's Centralized Private Equity Team is recruiting for an associate that will be dedicated to late stage venture and private equity investing activities across all sectors
• Competitive compensation with significant upside potential for high performers
• Exceptional performers have the potential to be promoted to Equity Research Analyst
• This role is open to applicants based in either Baltimore or San Francisco

Responsibilities

• Diverse responsibilities including collaboration with portfolio managers, company review and analysis, forecasting and returns analysis, customer diligence calls, investment memo drafting and company/industry related research projects
• Opportunity to interact with private and public company C-suite executives, both in our offices and in the field; will also engage with other investors within the private investing space, including venture capital and private equity firms
• Daily opportunity to learn directly from our senior investment professionals, providing fundamental equity research support while learning the necessary skills to become a successful growth investor

Qualifications

Required:

• Bachelor's Degree with a strong academic record AND
• 2+ years relevant equity research experience

Preferred:

• Preference for private company exposure and/or TMT or M&A investment banking experience, with strong financial modelling skills
• Strong academic background and intellectual curiosity
• Highly motivated, confident self-starter, with ability to work independently and collaboratively in a performance-driven environmentand possess excellent attention to detail
• A demonstrated interest and passion for venture and growth equity investing
• Excellent verbal and written communication skills
• Strong Excel and financial modelling skills including previous experience building three-statement models, DCF, returns and comps analysis
• Demonstrated ability to derive meaningful insights from in-depth research and analysis

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.

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

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

$110,000.00-$140,000.00 for the location of: Maryland, Colorado, Washington and remote workers

Associate Analyst – Centralized Private Equity Team, Baltimore or San Francisco (Finance)

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.

We believe doing the right thing for our clients and our associates is good business . With a career at the firm, y ou can expect opportunities to create real impact at work and in your community. Y ou'll enjoy resources to support your career path, a s well as compensation , benefits , and flexibility to enrich your life. Here, you'll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity .

Join us for the opportunity to g row and make a difference in ways that matter to you .

Role Summary

• As an active investor in late-stage private companies for over 15 years, with over US$23B invested over the years, 160+ exits and an active portfolio of 120 companies including Waymo, Canva, Databricks, Anduril, SpaceX, Bytedance, Stripe, T. Rowe Price's Centralized Private Equity Team is recruiting for an associate that will be dedicated to late stage venture and private equity investing activities across all sectors
• Competitive compensation with significant upside potential for high performers
• Exceptional performers have the potential to be promoted to Equity Research Analyst
• This role is open to applicants based in either Baltimore or San Francisco

Responsibilities

• Diverse responsibilities including collaboration with portfolio managers, company review and analysis, forecasting and returns analysis, customer diligence calls, investment memo drafting and company/industry related research projects
• Opportunity to interact with private and public company C-suite executives, both in our offices and in the field; will also engage with other investors within the private investing space, including venture capital and private equity firms
• Daily opportunity to learn directly from our senior investment professionals, providing fundamental equity research support while learning the necessary skills to become a successful growth investor

Qualifications

Required:

• Bachelor's Degree with a strong academic record AND
• 2+ years relevant equity research experience

Preferred:

• Preference for private company exposure and/or TMT or M&A investment banking experience, with strong financial modelling skills
• Strong academic background and intellectual curiosity
• Highly motivated, confident self-starter, with ability to work independently and collaboratively in a performance-driven environmentand possess excellent attention to detail
• A demonstrated interest and passion for venture and growth equity investing
• Excellent verbal and written communication skills
• Strong Excel and financial modelling skills including previous experience building three-statement models, DCF, returns and comps analysis
• Demonstrated ability to derive meaningful insights from in-depth research and analysis

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.

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

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

$110,000.00-$140,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$110,000.00-$140,000.00 for the location of: Washington, D.C.
$110,000.00-$140,000.00 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

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.

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.