Senior Analyst, Middle Office

T. Rowe Price Group • Baltimore, MD

249d • $85,000 - $145,000 • Remote

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.

Requirements

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

Nice To Haves

• Industry experience with Investment Management or Asset Management.
• Prior experience with Middle Office Operations or Specialist role including knowledge of the Middle Office products and the mechanics of its trading lifecycle.
• Knowledge of third-party vendor oversight, as well as overall Trade Support experience.
• ETF (Exchange Traded Fund) Operations and Collateral Loan Obligations (CLO) Fund Operations Experience.
• Leadership, self-motivated, and demonstrated examples of value-add activities.
• Strong technical skills - in depth knowledge of systems, processes, or function (i.e. Charles River IMS, SQL or similar).
• Demonstrated ability to manage competing priorities and deadlines.
• Demonstrated ability to collaborate in a team environment and build strong relationships with Front Office.
• Demonstrated initiative to proactively initiate process improvement opportunities.
• Adept at managing complex issues, identifying alternative solutions and recommendation.
• Strong written and verbal communication skills.

Responsibilities

• Directs a broad range of trade management and portfolio services activities enabled by an internal control environment that produces industry-leading accuracy and timeliness.
• Leverages Middle Office and trade support expertise, and knowledge of the broader industry environment and client account trends to optimize operations and lead/execute changes in processes, protocols, and/or technologies to support an improved client experience.
• Navigates and resolves complex situations and ensures alignment with Senior Management's priorities; negotiates and facilitates a resolution to significant operational roadblocks, leveraging established relationships with key stakeholders and other regions.
• Manages relationships with third-party providers, ensuring quality and performance standards are met and holding them accountable to established service-level agreements.
• Provides recommendations on the selection of third-party providers.
• Oversees large-scale transitions to the end-state infrastructure of outsourced providers.
• Demonstrate excellent communication and problem-solving skills to work independently and provide solutions to clients, third-party vendors, and internal team inquiries.
• Manages processes and provides guidance to teams on the implementation of new policies to follow regulations.
• Supports a world-class portfolio services internal control environment that produces industry leading accuracy and timeliness.
• Develops and leads cross-departmental and cross-divisional initiatives designed to improve accuracy, generate efficiencies, and reduce risk.
• Following established controls, checks and validates third-party reconciliations; provides feedback on third-party performance and quality to management.
• Works with clients and internal stakeholders to prepare account outsourcing plans; stewards account transition process to the end-state infrastructure of outsourced providers.
• Analyzes report metrics and develops recommendations to address deficiencies.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Funds, Trusts, and Other Financial Vehicles
• Education Level: Bachelor's degree