Business Analyst (Index/Benchmark Data Products)

Requisition Number: 77233

Position Title:

External Description:

About the Team

The Data Product team operates within the Chief Data Office (CDO), which is part of T. Rowe Price’s Chief Operating Office (COO). This team leads the firm’s data product strategy, shaping and implementing a unified approach to data products across the organization. Their responsibilities include the development, delivery, and ongoing management of critical data products that underpin T. Rowe Price’s business operations. As a central component of the company’s data strategy, the Data Product team partners closely with business users and data consumers to drive data innovation and excellence across the enterprise.

Role Summary

We are looking for a Data Product Business Analyst to join our team and play a key role in advancing enterprise data product initiatives that support our firm-wide data strategy. This position will focus on Index/Benchmark and Security Analytics reference datasets.

As a Data Product Business Analyst, you will analyze complex data, collaborate to design solutions, communicate insights, and support the data product roadmap. The ideal candidate thrives in cross-functional environments, enjoys problem solving, and is passionate about detailed data analysis and understanding the underlying business context.

Success in this role requires strong investment management data expertise, analytical and documentation skills, and the ability to communicate and collaborate effectively with diverse teams.

Responsibilities

• Data Analysis: Analyze and document index/benchmark data product requirements for functions such as Front Office Investments, Trading, Counterparty Risk, and Investment Compliance. Identify patterns, inconsistencies, and clarify complex requirements.
• Solution Development: Contribute to the design and development of foundational data products within the Data Product Framework, working alongside data consumers and technical partners, as well as support and governance teams.
• Requirements Management: Collect, document, and communicate requirements, partnering with the Data Product Owner to prioritize and align initiatives with business objectives and technical feasibility. Ensure documentation is comprehensive and facilitates effective sign-off.
• Cross-Functional Collaboration: Engage with stakeholders across business and technology, driving data product development from ideation to launch and maintenance. Coordinate with internal teams (e.g., Market Data Services) to verify index data licensing compliance.
• User Experience Advocacy: Promote user-centered design to ensure data products meet user needs and foster adoption.
• Risk Management: Identify risks and dependencies, develop mitigation plans, and proactively resolve issues to enable successful delivery of data products.
• Vendor Communication: Liaise with external vendors to clearly articulate requirements and solutions.

Qualifications

Required:

• Bachelor’s or Master’s degree, or equivalent education and experience.
• 2+ years of relevant experience, ideally within Asset Management or a related sector.
• Proven ability to take ownership of issues and drive solutions.
• Capable of working independently and collaboratively within global teams.
• Strong grasp of data management concepts, such as governance, operations, modeling, and architecture.
• Experience with modern data management and governance tools (e.g., data modeling, metadata management, data catalog/marketplace).
• Background in Agile, cross-functional team environments.
• Analytical mindset with strong data-driven decision-making skills.
• Track record of delivering long-term business value.

Preferred:

• Direct experience implementing index/benchmark data solutions (e.g., Rimes, Bloomberg PolarLake, S&P EDM, LSEG/Refinitiv, Factset).
• Experience working with index/benchmark service providers (e.g., FTSE, Bloomberg, MSCI, S&P).
• Familiarity with Bloomberg PORT, Data License (Bulk/BO files, Per security), B-PIPE, API.
• Familiarity with a variety of asset classes (Equities, Fixed Income, Municipals, Bank Loans, Money Market, Mortgages, FX, Derivatives).

Technical Skills:

• Strong proficiency in SQL.
• Experience with cloud-based data processing and database technologies.
• Knowledge of object-oriented programming (Python, R) and programmatic prototyping.
• Advanced expertise in Excel.

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 three days per week from home.

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Community / Marketing Title: Business Analyst (Index/Benchmark Data Products)

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.