Equity Research Associate Analyst – Capital Appreciation Strategy
About The Position
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. The Role Summary provides fundamental equity research support for our Capital Appreciation team. The Capital Appreciation strategy is a multi-asset class (equities, fixed income, covered calls) strategy managing over $105B (as of 3/31/2026). The strategy is managed by David Giroux, CIO for equity and multi-asset investing and a former Morningstar manager of the year. This role offers a daily opportunity to learn directly from our senior investment professionals, providing fundamental equity research support while learning the necessary skills to become a successful institutional investor. It offers competitive compensation with significant upside potential for high performers.
Requirements
- Bachelor’s Degree required
- 2-4 years relevant work experience (technology equity research preferred)
- Strong Excel and financial modelling skills including previous experience building three-statement models
- Creativity and ability to imagine
Nice To Haves
- Strong academic background and intellectual curiosity
- Highly motivated, confident self-starter with ability to work independently and with others
- Effective communication skills (verbal and written)
- Demonstrated ability to conduct in-depth thematic research across a broad spectrum of topics which can be additive to the investment process
- Completion of at least level 1 of the CFA preferred
- Demonstrated ability to derive meaningful insights from in-depth research and analysis
Responsibilities
- Diverse responsibilities including company/industry related research projects, building/updating financial models, assisting in quarterly earnings analysis, attending conferences and meetings with management teams, preliminary work on new ideas.
- Collaborate with the entire Capital Appreciation team and others across the central research platform.
- Provide investment insight and impact the investment process, not just number crunching.
Benefits
- 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
- Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions
- Flexible and remote work opportunities
- Health care benefits (medical, dental, vision)
- Tuition assistance
- Wellness programs (fitness reimbursement, Employee Assistance Program)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
