Quantitative Investment Analyst, Equity

Posted 9 Days Ago
Be an Early Applicant
Baltimore, MD
100K-150K Annually
Junior
Fintech
The Role
The Quantitative Investment Analyst will conduct quantitative and statistical analysis on financial and alternative data, support fundamental analysts, evaluate investment insights, enhance models, and collaborate with technology associates to optimize processes.
Summary Generated by Built In

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference.  We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.

Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).

About the Team

Quantitative Company Research (QCR) is a new investment research team with the objective of generating alpha by applying quantitative methods within the fundamental research process. The team will leverage traditional financial statement data, alternative data, and statistical analysis to help inform our fundamental analyst ratings. QCR is part of the broader TRPIM Quant team.

Role Summary

The T. Rowe Price Investment Management (TRPIM) Quantitative Company Research Team is seeking a Quantitative Investment Analyst to make a meaningful contribution to their quant research and analytics efforts, with a key focus on generating alpha.

Responsibilities

  • Perform quantitative and statistical analysis on financial data, alternative data, and other information sources to support fundamental analysts in generating alpha.
  • Collaborate with fundamental analysts to integrate insights from quantitative research into their investment process.
  • Conduct research and analysis on related investment topics, such as the statistical evaluation of company-specific risks, quantitative drivers of company fundamentals, and base rate analyses.
  • Evaluate and derive investment insights from alternative data sources to enhance fundamental models and decision-making processes.
  • Partner with technology associates to ensure data pipelines, analytical tools, and model production processes are scalable, robust, and accurate.
  • Stay current with industry and academic research, and proactively implement innovative ideas to improve the team's methodologies and deliverables.

Qualifications

Required:

  • BA/BS in Mathematics, Finance, or closely related field with other related strong credentials/strong academic background and 1+ years of work experience.
  • Technical or statistical programming skills with a demonstrated ability to apply those skills to modeling problems.
  • Highly motivated, confident self-starter with ability to work independently and with others.
  • Exceptional communication and interpersonal skills, thriving in dynamic and collaborative team environments.
  • Programming experience in R and/or Python.
  • Completion of or progress towards CFA or comparable designation. Commitment to obtain a CFA charter.

Preferred:

  • Prior experience in the financial services industry, preferably in quantitative research.
  • 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.

Base Salary Ranges

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

$100,000.00-$150,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$100,000.00-$150,000.00 for the location of: Washington, D.C.
$100,000.00-$150,000.00 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 roleBase salary is only one component of our total compensation packageEmployees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

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 value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.   

  

Featured employee benefits to enrich your life:   

  • 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  

  

Learn more about our benefits.  

 

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.

Top Skills

Python
R
The Company
HQ: Baltimore, MD
10,561 Employees
On-site Workplace
Year Founded: 1937

What We Do

T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on—now, and over the long term.

Headquartered in Baltimore, Maryland, we provide an array of mutual funds, subadvisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors.

At T. Rowe Price, we believe in strategic investing. It has guided how we do business for more than 80 years, and it’s driven by independent thinking and rigorous research. So our clients can be confident that we’ll strive to select the right investments as we help them achieve their objectives. Strategic investing means that we don’t stop at surface level analysis. Instead, we go beyond the numbers. Our investment professionals travel the world, visiting the companies they evaluate. It’s this passion for exploration and understanding that has helped inform better decision-making and prudent risk management for our clients since its founding by Thomas Rowe Price Jr. in 1937.

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