Asset Allocation Analyst recruitment
PRIMARY PURPOSE OF THE POSITION
The Quantitative Analysts in the Research Group support the overall Asset Allocation group through rigorous financial and quantitative/statistical analysis at the asset class level, covering the areas of strategic and tactical asset allocation, financial planning research, data/infrastructure, and product design. Most of the group’s efforts are RD oriented and project based in nature, requiring the Quantitative Analysts to be generalists who can straddle the different areas of asset allocation research, and to be comfortable with varying degrees of computational rigor across different projects.
PRINCIPAL RESPONSIBILITIES
Independently or in collaboration with other analysts, under the guidance of the Head of Asset Allocation Research, execute asset allocation research projects that have been identified to meet the investment needs of the broader Asset Allocation Group:
- Identify the core issue and shape/design the project
- Identify and absorb existing research on the subject (internal or external)
- Identify (and procure) the most appropriate method/tool/dataset to address the issue
- Execute the research
- Communicate results to key stakeholders
Liaise with internal stakeholders and/or participate in Firmwide efforts that involve asset allocation topics Operational duties, such as ongoing generation and maintenance of asset allocation related investment reports, data sets, or analytical infrastructure. Keep abreast of industry trends in the areas of asset allocation and quantitative financial techniques (e.g., reading applied academic literature)
QUALIFICATIONS
Preferred
- Ph.D. in quantitative discipline
- More substantial (3+ years) asset management experience in asset allocation and/or quantitative investing
- Experience in project management/project-based environments
Required
- Minimum of a graduate degree in a quantitative discipline (e.g., Finance, Economics, Engineering, Math, Physics) with a strong Statistics background.
- Strong academic credentials and evidence of ability to independently deliver results.
- Prior experience (1-2 years) in asset management, preferably in asset allocation and/or quantitative research.
- Completion of or progress towards CFA. Commitment to obtain a CFA charter.
- Graduate level coursework in finance/economics and optimization/statistics
- Experience doing empirical financial research and working with large data sets
- Substantial experience programming in Matlab, Splus/R, and SQL
- Strong analytical and problem solving skills; willingness to learn new approaches to problem-solving
- Ability to work independently as well as a part of a team
- Well-developed communication skills (ability to gauge audience and to distill complicated analytical concepts down to the right level for various audiences)
- Healthy tolerance for ambiguity and constructive attitude (ability to deliver on fuzzy objectives, and to tolerate mid-stream changes in project objectives or process)
- Very pragmatic individual (able to appropriately apply varying levels of precision to different projects based on the nature of the project and surrounding circumstances)
- Ability to multi-task and to simultaneously push forward several projects
- Strong desire to learn new skills and continue improving capabilities
Please hit APPLY ONLINE below and enter Requisition ID 02465
T. Rowe Price is an Equal Opportunity Employer