Manager, Investment Risk

ROLE SUMMARY:

The Risk Analytics 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 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 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 conferences.

Qualifications:

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 3+ years of total relevant work experience

Preferred:

• 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 investment risk management buy side experience

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

• Investment risk management experience with a substantial portion dedicated to equity risk at a buyside, long-only asset manager

• A thorough understanding of multi-factor risk modeling using fundamental, technical, and economic risk factors

• Knowledge of equity derivatives pricing and risk modeling

• Strong statistical programming and data analysis skills

• Strong quantitative and analytical skills

• Detailed knowledge of multi-factor risk models

• Excellent communicator with the ability to present complex ideas clearly and confidently to non-technical/non-quantitative audiences

• Strong interpersonal skills with the ability to handle complex interactions, reconcile differing views, and adapt style to various situations and audiences

• Ability to influence and provide direction to associates who do not report to them

• Ability to effectively prioritize and handle dynamically changing work requirements in a fast-paced environment

• Enjoy working as part of a global team in a collaborative environment

• Strong organizational skills

• Results-driven mindset with high standards of work quality and integrity

• Intellectually curious with a commitment to continuous learning

• Professional accreditations such as CFA, FRM, PRM, CAIA

• Experience with MSCI’s BarraOne and RiskManager platforms

• Experience programming in R or Python

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