Sr. Analyst, Investment Liaison, Fixed Income/Private Credit

T. Rowe Price; Baltimore (MD); Hybrid; USD 87,000 - 185,000; Full time

Benefits offered by this job

Annual bonus eligibility

Hybrid work schedule

Health and wellness benefits

Paid time off

Job summary

T. Rowe Price, a premier global asset management firm, seeks a Sr. Analyst, Investment Liaison, Private Credit to support the full transaction lifecycle for private credit investments.

You will coordinate across investment teams, trading, legal, operations, and external counterparties, ensuring readiness before, during, and after deal execution. The role emphasizes complex restructurings, liability management, and post-close lifecycle support.

Qualifications

• Bachelor’s degree or equivalent required.
• 5+ years in investment operations, private credit, or related financial services field.
• Strong attention to detail and ability to manage transaction data and deadlines.
• Proven ability to coordinate across internal teams and external parties.
• Excellent written and verbal communication skills.

Responsibilities

• Coordinate end-to-end lifecycle of private credit transactions from pre-trade to post-close.
• Gather and review transaction information, legal entities, lender allocations, and settlement requirements.
• Collaborate with portfolio managers, trading, legal, operations, accounting, valuation, and data teams to resolve requirements.
• Monitor open items from preparation through post-close stabilization and ensure documentation accuracy.

Skills

Bachelor’s degree

5+ years experience

Microsoft Excel

Education

Bachelor’s degree or equivalent

Tools

Microsoft Excel

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, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.

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

Role Summary

The Sr. Analyst, Investment Liaison, Fixed Income/Private Credit will support the full transaction lifecycle for private credit investments, serving as a central coordination point before, during, and after deal execution between investment teams, trading, legal, compliance, operations, valuation, accounting, audit, external agents, administrators, trustees, borrowers, sponsors, and portfolio companies. This role is responsible for coordinating operational and information readiness ahead of execution; supporting deal closing, funding, allocation, and settlement; and managing transactions through their post-close lifecycle. The Investment Liaison will also play a key role in complex debt reorganizations, restructurings, exchanges, amendments, liability management transactions, workouts, and other events requiring close coordination across investment, legal, trading, operations, accounting, valuation, and external counterparties.

Responsibilities

Private Credit Transaction Management - Pre- and Post-Execution:

• Support the end-to-end lifecycle of private credit transactions, including pre-trade and pre-close readiness, deal setup, execution and settlement coordination, funding, allocations, position maintenance, amendments, paydowns, restructurings, refinancings, corporate actions, and other ongoing deal events.
• Review and coordinate key transaction information before execution, including security and instrument terms, legal entities, borrower details, lender allocations, cash flow terms, funding mechanics, settlement requirements, pricing inputs, documentation requirements, and operational dependencies.
• Partner with portfolio management, research, trading, legal, compliance, operations, accounting, valuation, and data teams to identify and resolve transaction requirements or operational issues that could affect execution, closing, settlement, booking, valuation, or ongoing maintenance.
• Monitor open transaction items from initial deal preparation through closing and post-close stabilization, coordinating follow-up to ensure records, documentation, cash flows, positions, and system setup remain complete and aligned with governing documentation.

Deal Documentation, Information Gathering, And External Liaison

• Serve as a primary liaison with external entities, including administrative agents, trustees, loan servicers, fund administrators, borrowers, sponsors, legal counsel, restructuring advisors, and portfolio company contacts, to obtain and coordinate required deal documentation, execution information, and ongoing transaction support.
• Coordinate requests for financial statements, compliance certificates, borrowing base information, capital structure details, amendment materials, rate notices, payment notices, lender communications, valuation support, and other company or transaction-level documents.
• Track and elevate missing, incomplete, or inconsistent information to ensure timely resolution and appropriate risk awareness.
• Build strong working relationships with internal and external partners to improve transparency, responsiveness, and operational efficiency across the private credit lifecycle.

Complex Debt Reorganizations, Restructurings, And Lifecycle Support

• Coordinate operational execution of complex debt reorganizations and restructuring events, including amendments, exchanges, tenders, consent solicitations, refinancings, recapitalizations, liability management transactions, workouts, distressed exchanges, and other issuer- or lender-driven events.
• Partner with portfolio managers, analysts, traders, legal counsel, operations, accounting, valuation, custodians, agents, and other stakeholders to translate transaction terms and legal documentation into actionable elections, settlement instructions, cash and position movements, system updates, and control requirements.
• Track critical dates, elections, conditions, allocations, consideration, new or replacement instruments, fees, accrued interest, cash flows, and other transaction economics to support accurate and timely execution and downstream processing.
• Research and resolve complex position, cash, income, reference data, pricing, valuation, accounting, and reconciliation issues arising from reorganizations or other non-standard transaction events.

Data Quality, Controls, And Process Improvement

• Maintain deal trackers, workflow queues, document repositories, control logs, and related reporting tools to support transparency across the private credit operating model.
• Identify operational risks, data gaps, control issues, and process inefficiencies; recommend and support practical improvements that increase scale, reduce risk, and improve accuracy.
• Develop and maintain procedural documentation for assigned processes, including documentation standards, request workflows, escalation paths, and quality control procedures.
• Participate in cross-training and provide operational coverage for team members as needed.
• Support new product, new market, and new investment type readiness by helping define information requirements and operating procedures for private credit transaction support.

Stakeholder Engagement And Investment Partnership

• Work closely with portfolio managers, investment analysts, traders, legal, compliance, valuation, accounting, operations, technology, and third-party service providers throughout the transaction lifecycle, from deal preparation and execution through ongoing maintenance and exit or restructuring.
• Communicate clearly and professionally with internal and external stakeholders, translating complex investment terms, legal documentation, restructuring mechanics, and transaction details into actionable execution and operational requirements.
• Exercise sound judgment in prioritizing requests, escalating issues, and balancing the needs of multiple stakeholders.
• Contribute to a culture of accountability, collaboration, continuous improvement, and strong client service.

Qualifications

Required:

• Bachelor’s degree or the equivalent combination of education and relevant experience.
• 5+ years of relevant work experience in investment operations, private credit operations, loan operations, alternative investments, asset management, trading support, transaction management, restructuring support, middle office, fund accounting, valuation support, or a related financial services function.
• Strong attention to detail and ability to manage transaction data, documentation, and workflow deadlines with a high degree of accuracy.
• Demonstrated ability to coordinate across internal teams and external parties to resolve operational issues.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities, reprioritize quickly, and work effectively in a fast-paced environment.

Preferred

• Experience with private credit, bank loans, direct lending, syn dicated loans, private placements, structured credit, distressed debt, reorganizations, restructurings, BDCs, private funds, or other alternative investment products.
• Familiarity with the full investment lifecycle, including pre-trade readiness, deal closing, settlement, funding, amendments, paydowns, refinancings, restructurings, exchanges, tenders, consent events, interest resets, notices, compliance certificates, and agent communications.
• Understanding of complex debt transaction mechanics and their downstream impacts on positions, cash, accounting, pricing, valuation, reconciliation, performance, and reference data.
• Experience working with administrative agents, trustees, custodians, fund administrators, borrowers, sponsors, legal counsel, restructuring advisors, auditors, or valuation teams.
• Strong analytical and problem-solving skills, with the ability to identify root causes and recommend practical solutions.
• High accountability, ownership mindset, and ability to work independently while contributing to a team‑oriented environment.
• Ability to communicate technical investment and operational concepts to both technical and non-technical audiences.
• Proficiency with Microsoft Excel and comfort working with workflow tools, document repositories, investment systems, and data platforms.
• Progress towards or interest in CFA, CAIA, CPA, or other relevant professional designation is a plus.

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.

$87,000.00 - $148,000.00 for the location of: Maryland, Colorado, Washington and remote workers

$95,500.00 - $163,000.00 for the location of: Washington, D.C.

$108,000.00 - $185,000.00 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.