Quantitative Investment Analyst

troweprice; Baltimore (MD); Hybrid; USD 94,000 - 169,000; Full time

Benefits offered by this job

Hybrid work schedule

Annual bonus eligibility

Generous retirement plan

Health and wellness benefits

Paid time off

Family care resources

Job summary

T. Rowe Price Associates, Inc. seeks a Quantitative Investment Analyst in Maryland to support strategic asset allocation and portfolio construction across multi-asset portfolios.

The role involves researching new asset classes and translating findings into actionable insights for portfolio managers and senior investment stakeholders. You will collaborate with investment teams and technology partners to design and build proprietary research tools and workflows, applying econometrics, simulations,

Qualifications

• Master's degree in Quantitative Finance or related field.
• 1 year of quantitative research experience in asset management or similar financial services.
• Experience with portfolio construction/optimization techniques and simulations.
• Proficiency in econometrics, regression analysis, and hypothesis testing.
• Programming in R, Python, or MATLAB; SQL for data analysis.

Responsibilities

• Support strategic asset allocation and portfolio construction across multi-asset portfolios.
• Research new asset classes and investment categories and assess implementations.
• Review and replicate academic and practitioner research related to multi-asset investing.
• Translate findings into actionable insights and communicate recommendations to PMs and senior stakeholders.
• Collaborate with investment teams and technology partners to design and build proprietary research tools.

Skills

Quantitative research

Portfolio construction

Econometrics

Monte Carlo

R

Python

MATLAB

SQL

Education

Master's degree in Quantitative Finance

Tools

SQL

Job description

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

T. Rowe Price Associates, Inc. seeks a Quantitative Investment Analyst to:

• Support strategic asset allocation and portfolio construction across multi-asset portfolios.
• Research new asset classes and investment categories and assess implementation considerations.
• Review and replicate academic and practitioner research relevant to multi-asset investing.
• Translate findings into actionable insights and communicate recommendations to portfolio managers and senior investment stakeholders.
• Collaborate with investment teams and technology partners to design and build proprietary research tools and workflows supporting the investment process.

Qualifications

Required:

• Master's degree in Quantitative Finance, Finance or a related quantitative field, PLUS
• One (1) year of quantitative research experience in asset management, investment advisory, or similar financial services environment;
• One (1) year of experience with all of the following: portfolio construction and optimization techniques (including constrained optimization and portfolio rebalancing algorithms);
• Performing empirical analysis and statistical inference (econometrics/regression and hypothesis testing);
• Scenario analysis and/or Monte Carlo simulation;
• Programming for research/analytics using at least one of the following programming languages: R, Python, MATLAB;
• and using SQL to query and analyze large datasets.

Requires knowledge of capital markets.

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 .

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

$94,078.00 - $169,000.00 for the location of: Maryland, Colorado, Washington and remote workers

$94,078.00 - $169,000.00 for the location of: Washington, D.C.

$94,078.00 - $169,000.00 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