Lead Quantitative Analyst, Global Product

Posted:
9/3/2024, 8:21:12 AM

Location(s):
Baltimore, Maryland, United States ⋅ Maryland, United States

Experience Level(s):
Senior

Field(s):
Data & Analytics

Workplace Type:
Remote

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.

Role Summary

Conducts highly complex analyses and evaluates data and reporting to deliver business insights to diverse stakeholder groups. Responsible for advanced data visualizations to assist business stakeholders. Continuously improves data analytics processes.

Responsibilities:

Quantitative Research Support for Product Initiatives

  • Utilizes strong data science skills (see below) to build quantitative models to support complex research tied to key Product Group initiatives.  Acts as SME for the quantitative modeling approach
    • Collects large amounts of data coming from disparate sources and transforms into a more useable format
    • Solves investment product-related problems using data-driven techniques
    • Works with a variety of programming languages (e.g. R, Python)
    • Has a solid grasp of statistics, including statistical tests and analysis, machine learning, decision tree, etc.
    • Looking for order and patterns in data, as well as spotting trends that can help support new commercial growth, defend existing strategies or evolve our ways of analyzing our products and strategies
  • Presents the analysis to a cross-functional team of senior leaders in Product to help form the recommendation that the senior leaders in Product will make to senior firm leaders for new product development (new strategies, product changes, new pricing models, etc.)
  • Collaborates with a cross-functional team to develop, iterate and socialize the initiative with firm leaders across Distribution, Investments and other Enterprise teams.

Create, Automate and Optimize a Library of Product Insights Reports and Dashboard

  • Operates as a SME in data visualization, providing both reactive and proactive consultative guidance for the Global Product Group
  • Leverages strong technical skills (e.g. SQL, R, Excel VBA) to better automate existing product insights reports for Product leaders and associates across the Global Product Group.
    • Utilizes strong project management discipline to ensure the product manager (“the visionary” and requestor) is kept abreast of status
    • Consult with other members of the BIO team for assistance in determining the best data to leverage
    • Trains the product manager and their product analyst on how to refresh the modified report or new report and acts as an SME for consultation going forward to help them with continued iterations of the report
  • Serve as a Product Owner or key contributor role to the Product Owner for new business intelligence dashboards. 
    • Communicates and collaborates with both GBS and Global Product
    • Assures the Agile team is pursuing the Product Vision during the sprints
    • Drives delivery of the Product Backlog
    • Acts as the daily “voice of the customer”
    • Knowledge of the capabilities of business intelligence tools (i.e. Qlik Sense, Power BI)
    • Serve as a SME on the data in scope for the project and use good commercial judgment on the best approach to use the data

Project Management & Customer Service

  • Provides strong transparency through regular, proactive status updates to Product Business Intelligence & Optimization leadership and business stakeholders on all active projects
  • Independently leads active and assigned project work, partners with Product Managers and/or Product Lead Team members in Product to establish project scope and target completion, escalates to Product Business Intelligence & Optimization leadership when applicable
  • Leverages strong technical skills and training in developing user-friendly, self-service and professional gradereports, dashboards, and analytical models.
  • Promote best practices related to data visualization, analytical modeling, tools, consulting, and presentations - may develop or train others in these areas

Required Qualifications

  • Bachelor's degree or the equivalent combination of education and relevant experience AND 8+ years of total relevant work experience
  • Strong technical skills (SQL, R, Python, Excel with VBA macros) skills
  • Experience with Business Intelligence tools (Qlik Sense, Microstrategy, PowerBI, Tableau)
  • Statistical modeling coursework and training
  • Strong and genuine interest in pursuing a career in the investment management/financial services industry
  • A passion for innovation
  • Self-starter
  • Customer service oriented
  • Ability to collaborate and negotiate with internal and external stakeholders
  • Proficiency in creating presentations
  • Strong verbal and written communication skills
  • Ability to work in teams

Preferred Qualifications

  • Working knowledge of Machine Learning, Artificial Intelligence, Decision Tree, etc.
  • Prefer Candidates with Quantitative Majors such as Statistics, Computer Science, Engineering, Science, Math, Financial Engineering, Finance, etc.
  • Data & Research experience
  • In pursuit or plans to pursue the Chartered Financial Analyst (CFA) certification
  • Strong desire to automate reporting
  • Interest in Diversity and Inclusion type business resource groups
  • Experience in creating training manuals and onboarding new associates to new tools
  • Experience with third-party market data (Morningstar, eVestment, Strategic Insights, Lipper)

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for remote work up to three days a week.

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.