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.
This role, within our Fixed Income team, focuses on trading Municipal securities in both the tax-free and taxable markets. The individual will regularly share insights, trends, and activities with portfolio managers, analysts, and traders. The trader will also analyze and offer insights on relative value. Effective relationship-building, both internally and externally, is crucial.
Primary Accountabilities:
- Efficiently execute Municipal trades using platforms and dealer relationships. Collaborate closely with portfolio managers and analysts to ensure trading strategies complement client portfolio investment objectives, embodying a crucial role in investment decision-making.
- Use data analytics and quantitative tools for in-depth analysis of market trends and investment opportunities, adopting a strategic investor approach to boost portfolio returns and effectively manage risks.
- Exhibit a calculated risk-taking attitude and an opportunistic approach to liquidity sourcing and trade execution, prioritizing creative strategies that advance the portfolio’s performance.
- Establish and maintain strategic relationships with dealers, technology providers, and market platforms to secure essential market insights, liquidity options, and innovative solutions, all aimed at optimizing investment outcomes.
- Pro-technology mindset: Actively enhance our trading infrastructure, processes, and team culture by embracing innovation and promoting teamwork, ensuring every action is aligned with achieving exceptional investment results.
- Collaborate with T.Rowe Price’s investment professionals to assess market dynamics and strategies through sharing market insights with regard to trading levels, liquidity and flows.
Qualifications:
Required:
- Educational background: A Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Computer Science, or a related field
- Three to five years of work-related experience
- Strong communication skills to communicate market color and investment strategies to portfolio managers, analysts and traders
- Ability to work effectively as part of a team of portfolio managers, analysts and traders
Preferred:
- MBA, MS or CFA (or in progress) preferred
- Advanced technical skills: Proficiency in using trading platforms and experience with programming languages (e.g., Python, R) for data analysis and trading strategy development
- Strong analytical abilities: The ability to synthesize complex financial information to make informed trading decisions
- Excellent interpersonal and relationship building skills
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 one day 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.