Investment Risk Analytics Manager

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.

ROLE SUMMARY:

The Investment Risk Analytics Manager is a member of the Analytics team within T. Rowe Price’s independent Investment Risk function. Investment Risk, which is part of the firm’s Enterprise Risk Group, consists of 43 associates located in the United Sates, United Kingdom, Luxembourg, and Singapore.  Investment Risk is supported by a dedicated technology team of 32 engineers and business analysts in the US and UK.  As of December 31, 2024, T. Rowe Price had ~$1.61T in assets under management.

The Investment Risk Analytics Manager reports to the Director of Investment Risk Analytics, who is a member of the Investment Risk lead team. The Investment Risk Analytics team plays a critical role ensuring Risk Managers and the firm’s Investment Divisions, including portfolio managers, quantitative analysts, trade modelers, and Investments leadership, have access to accurate and timely risk analytics, tools, and reporting necessary to support robust and risk-aware investment processes. Additionally, the team supports processes enabling internal risk reporting to senior leadership as well as external reporting to clients, regulators, and boards of directors.

PRINCIPAL RESPONSIBILITIES:

The Investment Risk Analytics Manager will have a primary focus on production support for vendor risk tools and data quality oversight & improvements. The role will also support other project work to develop and enhance processes surrounding risk reporting and distribution of risk data to internal and external stakeholders.

Production Support for Vendor and Proprietary Risk Tools

• Partner with technology teams and vendors to ensure risk models have the proper input data, batch jobs are completed within timelines agreed with vendors, and data coming back from vendors is complete and accurate
• Perform setup and ongoing maintenance of accounts, benchmarks, securities, and complex instruments (such as derivatives and structured products) within risk systems
• Manage and maintain data necessary for mapping internal investment / reference data to external risk systems
• Research and implement timely solutions for data issues that arise and initiate processes for restatement of incorrect data, as necessary

Data Quality Oversight and Continuous Improvement

• Identify, implement, and monitor data quality and completeness checks
• Conduct root cause analysis of data / processing issues and determine strategic solutions to proactively correct issues and prevent recurrence
• Assist with prioritization of the most impactful data / process improvements to facilitate engagement with the firm’s Chief Data Office and to ensure Investment Risk’s needs are considered in the design of data products and platforms across the firm

Reporting and Risk Data Delivery

• Respond to internal and external (to the firm) requests for standardized investment risk data
• Develop, modernize, and maintain standardized risk reports / dashboards and partner with other business units, across the Americas, EMEA and APAC, to facilitate the distribution of risk data to: (1) front-office platforms used by portfolio managers and traders, (2) internal compliance teams, (3) senior leadership, (4) clients, (5) regulators, and (6) boards of directors.

The Investment Risk Analytics Manager will partner with associates from across the firm (Investments, Enterprise Risk, Legal & Compliance, Global Investment Operations, Front Office Technology, Chief Data Office, etc.) to carry out their duties.  The associate will also play a leading role in development work designed to modernize the team’s capabilities, which will often be carried out in close coordination with Investment Risk’s dedicated technology support team.  Projects carried out with the Technology will require the associate to develop comprehensive business requirements, work in an Agile framework with Technology, and carry out robust user acceptance testing.

Due to the dynamic and ever-increasing complexity of T. Rowe Price’s business, the associate in this role will be expected to continually engage in learning activities to grow their skills and knowledge base to stay up to date with new risk modeling tools, new instrument types, and new investment strategies.  This learning may take many forms, including attending conferences.

Qualifications:

Required:

• Bachelor’s degree in business/finance or a quantitative field such as quantitative finance, statistics, applied mathematics, engineering, or computer science AND 3+ years of relevant work experience
• Strong client service and operational/analytical mindset
• Keen attention to detail and ability to dissect and solve complex problems
• Experience developing & clearly articulating business requirements
• Experience engaging with technology teams, including business analysts and software developers
• Ability to effectively prioritize and handle dynamically changing work requirements in a fast-paced environment
• Excellent written and oral communication skills with the ability to explain complex concepts to a broad audience
• Self-motivated and able to work both independently with limited guidance and collaboratively with risk colleagues and cross functional teams
• Enjoy working as part of a global team in a collaborative environment
• A high degree of professionalism with a track record of taking ownership of responsibilities and consistently delivering for stakeholders
• Intellectual curiosity and a commitment to continuous learning

Preferred:

• Post-graduate/Master’s degree in business/finance or a quantitative field such as quantitative finance, statistics, applied mathematics, engineering, or computer science

• Investment risk management experience at a buy-side asset manager
• Knowledge of derivatives pricing and risk modeling
• A thorough understanding of multi-factor risk modeling using fundamental, technical, and economic risk factors
• Experience with MSCI’s BarraOne and RiskManager platforms
• Strong quantitative / statistical programming and data analysis skills
• Experience programming in R or Python
• Experience with SQL and data visualization tools like Power BI
• Professional accreditations such as CFA, FRM, PRM, CAIA

Work Flexibility

This role is eligible for remote work up to two days a week

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.

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, colour, 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.