Senior Manager – Manager Research
Location: Maryland, US
Requisition Number: 78404
Position Title:
External Description:
Role Summary
The Senior Manager - Manager Research will be responsible for implementing qualitative and quantitative due diligence processes to evaluate, select, and monitor internal and external investment strategies across both traditional and alternative asset classes. This position supports manager research for all investment strategies used across the T. Rowe Price Multi-Asset (MA) division.
Responsibilities
Ongoing Due Diligence (85%):
- Conduct internal and external due diligence activities, including meeting with investment teams, across underlying strategies used within T. Rowe Price multi-asset portfolios.
- Coordinate with research and risk teams to augment monitoring and reporting activities.
- Represent MA division with clients and consultants as related to due diligence process and oversight.
- Serve as subject-matter-expert on due diligence oversight of underlying T. Rowe Price and external portfolios’ investment processes, people, performance, external ratings (e.g., Morningstar, Lipper), etc. for internal and external audiences.
- Use technology resources to improve the efficiency of the due diligence process.
New Manager Search and Selection (15%):
- Coordinate with internal teams in developing open architecture mandates and responding to RFPs.
- Conduct comprehensive manager searches and assist in the selection of best-in-class solutions.
- Establish relationships with third party managers to source data, performance, commentary, and related materials.
- Coordinate on operational, legal and compliance related aspects of on-boarding third party managers.
Qualifications
Required:
- BA/BS degree in finance or related field, with strong credentials and relevant work experience.
- Minimum of 3 years of manager due diligence experience.
- Strong presentations and writing skills.
- Strong analytical and problem-solving skills.
- Excellent communication and inter-personal skills with the ability to excel in a dynamic and interactive team environment.
- Ability to work both independently and as part of a team.
Preferred:
- 7+ years of manager research experience across asset classes.
- Experience with both traditional and alternative investment strategies (e.g. hedge funds, private equity, private credit and direct investments)
- Experience with asset allocation products, portfolio construction and related concepts.
- Expertise in using analytical tools such as FactSet, Bloomberg, eVestment, Morningstar Direct, etc.
- Client facing experience.
- Completion of or progress towards CFA, CAIA or comparable designation.
- A self-starter with leadership qualities and ability to “own” initiatives and work in a dynamic environment.
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: Senior Manager – Manager Research
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.