Sr Manager, Investment Risk Analytics

ROLE SUMMARY:

The Risk Analytics Senior Manager is a member of the Risk Analytics team within T. Rowe Price’s independent Investment Risk function, which sits within the firm’s Enterprise Risk Group.  Investment Risk is a global function with associates in North America, the United Kingdom, Europe, and Asia that helps to ensure compliance with global regulations, provides independent oversight of risk taking across ~1.4T USD in equity, fixed income, and multi-asset strategies, and offers risk consulting services to the firm’s portfolio managers and Investment Division leadership.

The Risk Analytics Senior Manager reports to the Risk Analytics Director, who is a member of the Investment Risk lead team and will play a critical role ensuring Investment Risk and the firm’s Investment Divisions have access to data, tools, and reporting necessary to support robust and risk-aware investment processes.

RESPONSIBILITIES:

The Risk Analytics team has two primary areas of accountability and the individual hired into this role will have responsibilities that broadly span both:

• Production support for vendor and proprietary risk tools
  • Vendor onboarding and implementation
  • Account / benchmark setup and maintenance
  • Instrument setup and maintenance
  • User access controls
  • Data quality and completeness checks, resolution of identified issues, restatement of incorrect data, and root cause analysis and solutioning to correct identified issues
  • Engagement with the firm’s SSoTs (single sources of truth) to ensure Investment Risk’s needs are considered in the design of enterprise platforms
• Reporting
  • Respond to internal and external (to the firm) requests for standardized investment risk data
  • Modernization and maintenance of standardized risk reporting and dashboards, for audiences including risk committees, boards, regulators, clients, Investment Risk and Investment Division stakeholders

The Risk Analytics Senior 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 team 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 conference or courses, self-study, and vendor engagement.  The associate will also be expected to stay up to date on firmwide initiatives around data governance to ensure the Risk Analytics team is meeting all required corporate requirements.

Qualifications:

Required:

• BS degree
• Minimum of 5 years of relevant work experience with a broad array of financial instrument types and their analytics spanning equity, fixed income, and derivatives markets

Preferred:

• Graduate degree in a quantitative field, such as quantitative finance, statistics, applied mathematics, or engineering
• Experience with SQL, Excel, and statistical programming languages, such as R, Python or MATLAB
• Experience with business intelligence tools – ideally Power BI
• Professional accreditations, such as CFA, FRM, PRM, CQF, or CAIA
• Competency with security and derivatives pricing models
• Prior work experience with investments and investment risk applications, such as Bloomberg PORT, MSCI RiskManager, MSCI BarraOne, FactSet, etc.
• Strong analytical and communication skills
• Ability to explain complex concepts in a clear manner – including to non-technical audiences
• Ability to work effectively in a fast-paced environment
• Ability to work independently and as a member of a team
• Strong project management capabilities, including organizing, tracking and documenting business initiatives designed to deliver new capabilities or modernize existing capabilities
• Strong operational mindset that is both detail oriented and process driven
• Strong interpersonal skills with a demonstrated ability to handle complex interactions and reconcile differing views

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

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