Senior Quantitative Investment Analyst – Retirement Research

Requisition Number: 82285

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External Description:

About the Team

T. Rowe Price’s Multi-Asset Division collectively manages $550bn+ across a growing range of global retirement mandates and provides a collaborative, outcome-oriented environment for quantitative researchers from diverse academic and professional backgrounds.

About the Role

The Quantitative Investment Analyst role in the Multi-Asset Division is intended for an experienced, highly quantitative candidate who will join the Retirement Research team responsible for guiding the strategic asset allocation of target date strategies and developing personalized retirement investment solutions.

Researchers on the team build analytical frameworks and conduct rigorous quantitative studies related to various aspects of retirement investing. Main areas of focus span individual investor behavior, optimal portfolio choice over the lifecycle, design and customization of target date glide paths, and personalization of financial advice. An active and growing area of research concentrates on developing pooled and personalized retirement income solutions. Candidates with expertise in actuarial science, retirement income, pensions, or longevity modeling will be particularly well positioned to contribute in this domain.

The research environment at T. Rowe Price is highly interactive and places a strong emphasis on integrity, collaboration, and intellectual agility. Successful candidates demonstrate pragmatism, comfort with ambiguity, and a constructive approach to feedback and change. We seek individuals with a growth mindset and a genuine interest in building comprehensive, robust analytical systems that shape investment outcomes for millions of retirement savers worldwide.

Responsibitlies

• Execute all stages of quantitative research, from project design to communicating findings to internal and external stakeholders.
• Provide research-based guidance on product design and proactively enable business decision-making.
• Extend and maintain the team’s analytical infrastructure; this encompasses stewardship of core datasets, statistical models, and shared codebases.
• Disseminate research findings through industry conferences and webinars, white papers, and peer-reviewed publications.

Qualifications

Required:

• MS degree in a STEM field or an MBA.
• 5+ years of experience conducting applied research in a business environment.
• Solid foundation in applied quantitative analysis (e.g., empirical work in natural sciences, statistics, finance, or econometrics).
• Proficiency in MATLAB, Python, R, or a comparable scientific programming language, with experience developing well-structured, version-controlled analytical code.
• Collaborative working style: willingness to listen, a penchant for sharing knowledge, and responsiveness to business needs.
• Ability to clearly convey complex analytical concepts and results to audiences with varying levels of technical expertise.

Preferred:

• PhD in a STEM field.
• Experience developing and supporting retirement income solutions.
• Expertise in annuity and pension modeling, longevity analysis, life insurance, or other closely related quantitative disciplines.
• Expertise in stochastic optimization and large-scale simulation modeling in the context of lifecycle investing and quantitative financial planning.
• Background in actuarial science, including actuarial examination progress or professional certification (ASA/FSA or international equivalent).

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.

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$150,000.00-$225,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$150,000.00-$225,000.00 for the location of: Washington, D.C.
$150,000.00-$225,000.00 for the location of: New York, California

Placement within the range provided above is based on the individual’s relevant experience and skills for the role.  Base salary is only one component of our total compensation package.  Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all. 

Benefits

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.

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Community / Marketing Title: Senior Quantitative Investment Analyst – Retirement Research

Company Profile:

Location_formattedLocationLong: Baltimore, 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.