Quantitative Investment Analyst

T. Rowe Price • Baltimore, MD

18h • Hybrid

About The Position

T. Rowe Price Associates, Inc. seeks a Quantitative Investment Analyst to support strategic asset allocation and portfolio construction across multi-asset portfolios. The analyst will research new asset classes and investment categories, assess implementation considerations, and review and replicate academic and practitioner research relevant to multi-asset investing. The role translates research findings into actionable insights and communicates recommendations to portfolio managers and senior investment stakeholders. It also involves collaborating with investment teams and technology partners to design and build proprietary research tools and workflows that support the investment process.

This role is eligible for hybrid work, with up to one day per week from home. The position is located in Baltimore, Maryland. The posted base salary range is $94,078–$169,000, with placement based on relevant experience and skills. Employees may be eligible for a discretionary bonus based on company and individual performance.

Requirements

• Master’s degree in Quantitative Finance, Finance, or a related quantitative field.
• At least 1 year of quantitative research experience in asset management, investment advisory, or a similar financial services environment.
• At least 1 year of experience with portfolio construction and optimization techniques, including constrained optimization and portfolio rebalancing algorithms.
• At least 1 year of experience performing empirical analysis and statistical inference, including econometrics/regression and hypothesis testing.
• At least 1 year of experience with scenario analysis and/or Monte Carlo simulation.
• At least 1 year of programming experience for research or analytics using R, Python, or MATLAB.
• At least 1 year of experience using SQL to query and analyze large datasets.
• Knowledge of capital markets.
• CFA designation obtained or in process.

Responsibilities

• Support strategic asset allocation and portfolio construction across multi-asset portfolios.
• Research new asset classes and investment categories and assess implementation considerations.
• Review and replicate academic and practitioner research relevant to multi-asset investing.
• Translate research findings into actionable insights and communicate recommendations to portfolio managers and senior investment stakeholders.
• Collaborate with investment teams and technology partners to design and build proprietary research tools and workflows supporting the investment process.

Benefits

• Competitive compensation and discretionary bonus eligibility.
• A generous retirement plan.
• Hybrid work schedule and flexible and remote work opportunities.
• Health and wellness benefits, including medical, dental, and vision coverage, online therapy, fitness reimbursement, and an Employee Assistance Program.
• Paid time off for vacation, illness, medical appointments, and volunteering days.
• Family care resources, including fertility and adoption benefits.
• Tuition assistance.
• Employee stock purchase plan with matching contributions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level