Senior Equity Risk Manager

About the role

The Senior Equity Risk Manager position is an important role within Investment Risk at T. Rowe Price. The Investment Risk team, which is part of the firm’s Enterprise Risk Group, consists of 38 associates located in the United States, United Kingdom, Luxembourg, and Singapore, supported by dedicated technology resources in the US and UK.

Responsibilities

• Day-to-day Risk Management
• Review and interpret equity risk analytics and dashboards.
• Identify, measure, monitor, and communicate key portfolios risks focusing on identifying significant sources of risk (e.g., factors, securities, sectors, etc.) and material changes in risk profiles.
• Analyze tail risks and conduct stress tests based on hypothetical and historical scenarios.
• Collaborate with equity investment staff to understand their strategies and risk taking in portfolios.
• Risk Reporting & Tool Development
• Prototype and develop risk reporting and interactive tools to extend upon vendor risk platforms (primarily MSCI BarraOne and RiskManager).
• Specify data requirements for inclusion in dashboards, reports, and proprietary systems; research and develop new methodologies and techniques.
• Partner with Technology associates to define requirements and support testing throughout the development process.
• Present analytical results effectively to drive adoption among stakeholders.
• Stakeholder Communication
• Engage with a diverse range of stakeholders beyond frequent contact with investment teams, including client-facing professionals, management, clients, consultants, and prospective clients, as appropriate.
• Demonstrate technical expertise and an up-to-date knowledge of investment strategies and markets.
• Communicate complex topics confidently and clearly, both verbally and in writing.
• Contribute to timely written responses for client, prospect, consultant, regulatory, and internal requests.
• Ad-hoc Analysis & Projects
• Perform quantitative analyses in response to requests from investment management, portfolio managers, and risk team members.
• Collaborate with Investment Risk team members to ensure methodologies are sound and best practices are followed.
• Reconcile results with other in-house findings before sharing with investment teams.

Qualifications

• Bachelor's degree or the equivalent combination of education and relevant experience AND 8+ years of total relevant work experience
• A clear understanding of buy-side risk management, equity investment strategies, and global financial markets
• Experience with quantitative risk evaluation methods such as volatility, tracking error and Value-at-Risk
• Equity and risk management experience in asset management
• Programming skills in common languages and statistical analysis packages
• Experience using industry standard risk modelling and performance attribution systems such as MSCI BarraOne and RiskManager
• Strong data analysis, interpersonal, and communication skills
• High standards of integrity, work quality, and organizational skills
• Self-starter with high motivation and collaborative spirit
• Intellectual curiosity and commitment to continuous learning

Preferred

• Bachelor’s degree in a quantitative or scientific field such as quantitative finance/economics, statistics, applied mathematics, operations research, engineering, computer science, or physics
• 5+ years of direct experience in equity risk management at a buy-side asset manager
• Master’s or PhD degree in a quantitative or scientific discipline
• Advanced programming skills (Python or R)
• Completion or progress towards professional risk or finance accreditations such as CFA, FRM, and PRM
• Experience working for a global asset manager with key personnel in multiple regions

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.

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.

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.