What are the responsibilities and job description for the Analyst, Middle Office - Security Reference position at T. Rowe Price?
Role Summary
This position performs accurate and timely set up and maintenance of securities (stock, bonds, and derivatives) that are needed for immediate trading while ensuring daily operational deadlines are met. Concurrently, oversees T. Rowe Price's service provider who performs setups and maintenance of securities that are not needed for immediate trading. Works under minimal supervision with direct accountability for checklist tasks and daily processes. Develops in-depth knowledge and expertise in their own job discipline and working knowledge of related disciplines within the Middle Office. Works closely with trading, compliance, operations, relationship managers, technology teams and vendors to ensure a seamless and efficient stakeholder experience. Leads or assists with projects and work streams that are related to security reference data across the firm. Approaches this role with the mindset of wanting to understand the how and why behind it. Participates in cross-departmental and cross-divisional initiatives designed to improve accuracy, generate efficiencies, and reduce risk. Comfort with change as each day can be different and our organization is looking ahead to impactful system improvements that will change the way we operate.
Responsibilities
Executes or coordinates the processing of security setup and maintenance, ensuring activities are accurate and compliant. Escalates identified issues and seeks guidance on appropriate corrective actions.
Performs oversight of T. Rowe Price's service provider
Interacts with securities operations staff, relationship managers, portfolio managers, trading desks, and investment liaisons to collect and communicate basic information that impacts securities.
Creates or updates processes and procedures
Identifies and executes process improvement opportunities.
With guidance and following established controls, checks and validates third-party data imports.
Assists with process transitions to the end-state infrastructure.
Aggregates feedback for management and third-party vendors on timeliness and quality.
Qualifications
Required :
Bachelor's degree or the equivalent combination of education and relevant experience AND 2 years of total relevant work experience.
Preferred :
4 years of total relevant work experience
Experience in investment operations
Knowledge of the securities or financial services industry
SQL database management experience
Security Master experience
Bloomberg experience
Demonstrated ability to manage competing priorities and deadlines
Demonstrated ability to collaborate in a team environment and build strong relationships
Demonstrated initiative to proactively drive process improvement opportunities
Grasps complexities and perceives relationships among issues
Strong written and verbal communication skills
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 two days per week from home.
Base Salary Ranges
Please review the job posting for the location of this specific opportunity.
68,000.00 - $116,000.00 for the location of : Maryland, Colorado, Washington and remote workers
74,500.00 - $127,000.00 for the location of : Washington, D.C.
85,000.00 - $145,000.00 for the location of : New York, California
Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.
This job posting is expected to be available until :
05 / 25 / 2025
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 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
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.
Salary : $85,000 - $145,000
