Product Analyst, Investment Strategy, Model Portfolios

About the position

The position will support product strategy, management, development, and positioning for T. Rowe Price Model Portfolios. The candidate will partner with Investments, Global Product, and Distribution on various Model Portfolio related projects and for ongoing product management support. This position also emphasizes project management skills to enable effective communication of critical milestones occurring with various product initiatives. In conjunction with business leads across multiple divisions, the analyst is responsible for identifying issues, analyzing alternative approaches, and supporting cross-functional teams to implement solutions.

Responsibilities

• Supports product management activities associated with the launch/introduction, restructuring, merging, closing of Models. Partners with Legal, Finance, Risk, etc. to ensure successful implementation. Evaluates economic success of products.
• Works across operations, distribution, investments and corporate divisions to investigate a variety of topics, including client eligibility, regulatory changes, and industry best practices.
• Product analysts will manage the overall analysis as well as craft the findings into a comprehensive report that highlights key findings and implications for TRP product development.
• Gather input from many internal and external data sources and then making sense out of all of the information. Final findings will typically be presented to senior leaders in Global Product, Global Distribution and/or Investments.
• Partners with Product teams to build the business cases for new and existing firm offerings in the marketplace, often focusing on highly complex products and/or clients. Demonstrates knowledge of assigned products, the marketplace, industry, and client need to drive product growth/development and maximize profitability. Identifies opportunities and provides recommendations around product enhancements or market growth. Creates, manages, and delivers customized analyses reflecting advanced professional insights.
• Supports planning, preparation, and execution of product governance meetings for boards, committees, key stakeholder groups. Includes providing highly complex analytical support, documentation summarizing business issues, and presenting materials as appropriate.
• Where applicable, works with various internal groups (portfolio specialist, sales, and marketing teams) to develop and execute against a strategic marketing plan to enhance delivery of optimal net new business and ensure the effectiveness of product collateral.

Requirements

• Bachelor's degree or the equivalent combination of education and relevant experience
• 5+ years of total relevant work experience
• FINRA licenses are not required and will not be supported for this role.

Nice-to-haves

• Knowledge of Model Portfolios and other related intermediary investment strategies, markets, and competitive offerings a plus.
• Execution experience with regards to product strategy, product development, and product management work, successfully ensuring delivery of good customer outcomes leading to beneficial commercial results.
• Outstanding verbal, written (primarily PowerPoint), and interpersonal skills
• Strong analytical skills with ability to gather meaningful data and synthesize it to represent a story. Familiarity with Morningstar Direct a plus.
• Professional curiosity to identify and drive new ideas of opportunity.
• Enthusiastic and optimistic with a drive to succeed and willingness to take managed risks.
• Ability to manage time and shifting priorities effectively while in a challenging operating environment, and under minimal guidance.
• The preferred candidate should be able to take conceptual instructions or guidance and then have the initiative and creativity to create the readily accessible and repeatable exhibits or reports.

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