Quantitative Analyst, Equity
Location: Maryland, US
Requisition Number: 74244
Position Title:
External Description:
Role Summary
The T. Rowe Price Investment Management Team is seeking a Quantitative Analyst to make a meaningful contribution to their quant research and analytics efforts, with a key focus on generating alpha.
Responsibilities
Independently conduct research in the area of quantitative finance related to stock selection and portfolio management under guidance of a senior associate. Job involves the following:
- Perform quantitative / statistical research on financial data to improve current stock selection models in collaboration with existing research team.
- Conduct research and analysis on other investment management research topics, such as risk and portfolio construction.
- Consult for fundamental Portfolio Managers and Analysts in using quantitative stock selection models.
- Familiarity analyzing and evaluating investment insights from alternative data.
- Collaborate with technology associates to ensure data/model production processes are robust and accurate.
- Keep abreast of industry and academic research and implement new research ideas.
Qualifications
Required:
- BA/BS in Mathematics, Finance, or closely related field with other related strong credentials/strong academic background and 2+ years of work experience.
- Technical or statistical programming skills with a demonstrated ability to apply those skills to modeling problems.
- Excellent communications and inter-personal skills with the ability to excel in a dynamic and interactive team environment.
- Ability to work independently as well as a part of a team.
Preferred:
- A graduate degree such as a MS or an MBA with a Quantitative Finance specialization is strongly preferred and 3+ years of experience
- Completion of or progress towards CFA or comparable designation. Commitment to obtain a CFA charter.
- Prior experience in the financial services industry, preferably in quantitative research.
- Programming experience in R.
- Experience conducting empirical research and working with large data sets.
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for hybrid work, with up to one day per week from home.
City:
State:
Community / Marketing Title: Quantitative Analyst, Equity
Company Profile:
Location_formattedLocationLong: Maryland, US
CountryEEOText_Description: Commitment to Diversity, Equity, and Inclusion: We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day. Benefits: We invest in our people through a wide range of programs and benefits, including: • 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) Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering. T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.