T. Rowe Price is an independent investment management firm with an unyielding focus on helping investors around the world achieves their long-term goals. Our approach to managing investments is rooted in our own research, distinguished by discipline, and carried out by experienced professionals. Due to growth in the number of products managed by the firm’s Quantitative Equity Group and and rising internal demand for the team’s capabilities to support the equity organization, we are seeking to add a high caliber Quantitative Analyst.
Perform rigorous quantitative/statistical research in finance to develop new stock selection models and enhance current models.
Independently identify and analyze topics relevant to stock selection and portfolio management.
Work closely with fundamental portfolio managers and analysts to help them use insights from quantitative stock selection models.
Conduct research and analysis on other investment management topics, such as attribution and portfolio construction.
Keep abreast of industry and academic research to generate innovative insights.
Ph.D., MBA/MS in Finance or Accounting or an MBA with a Quantitative Finance specialization.
Prior experience in the financial services industry in quantitative equity research.
Experience conducting empirical research and working with large financial data sets.
Advanced degree in a relevant field with strong credentials, strong academic background, and/or relevant work experience
Exceptional quantitative and finance skills
Superb skills in communicating with technical and non-technical associates and clients; and desire to work in a highly collaborative group
A high-level understanding of finance, investing, and economics
Excellent skills in statistics/econometrics and proficiency in programming languages, such as such as R, Python or Matlab, and a demonstrated ability at applying those skills to modeling problems
CFA charter or commitment to obtain one
About the Equity Quantitative Research Group
Serve as an integral part of the firm’s Equity division. The nine-member team, which is supported by a dedicated group of IT specialists, has the following responsibilities:
Manage equity portfolios.
Develop stock selection models and screens for all global regions and for the firm’s broad array of global strategies;
Work closely with fundamental portfolio managers based in our global offices to help enhance their investment processes and decisions;
Solve analytical problems encountered by portfolio managers and analysts;
Collaborate with separate quantitative investment groups in Fixed Income and Asset Allocation on joint projects; and
Help the firm’s institutional marketing efforts by leveraging the group’s expertise.
T. Rowe Price, headquartered in Baltimore, Maryland, is an investment management firm offering individuals and institutions around the world investment management guidance and expertise.
The T. Rowe Price investment approach strives to achieve superior performance but is always mindful of the risks incurred relative to the potential rewards. Our consistent investment philosophy helps mitigate u...nfavorable changes and takes advantage of favorable ones. We provide our clients with world-class investment guidance as well as attentive service.
Founded in 1937 by Thomas Rowe Price, Jr., the company offers separately managed investment portfolios for institutions and a broad range of mutual funds for individual investors and corporate retirement programs.
In founding his firm, Mr. Price followed a very simple business principle: What is good for the client is also good for the firm. Rather than charge a commission, as was then the practice in the securities business, Mr. Price charged a fee based on the assets under management. If the client prospered, so did T. Rowe Price.
Mr. Price is best known for developing the growth stock style of investing. Although he was trained as a chemist, he had a passion for investing. Mr. Price believed that investors could earn superior returns by investing in well-managed companies in fertile fields whose earnings and dividends could be expected to grow faster than inflation and the overall economy. The core of Mr. Price’s approach, proprietary research to guide investment selection and diversification to reduce risk, has remained part of the firm’s bedrock principles.
Today, growth stock investing is one of the many investment styles the firm currently follows. T. Rowe Price also employs value-oriented, sector-focused, tax-efficient, and quantitative index-oriented approaches in managing mutual funds and institutional portfolios.