Senior Equity Risk Manager

Job description

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident. We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you. Role Summary Join T. Rowe Price’s Global Investment Risk function in a senior role combining quantitative analysis, independent risk oversight, and direct engagement with equity investors. You will provide risk coverage for equity strategies, working closely with portfolio managers and investment leaders to identify material portfolio risks and deliver actionable insights that support risk-aware investment decisions. Strong quantitative capability is essential. You will analyze complex portfolio data, apply statistical and risk-modelling techniques, conduct stress and tail-risk analysis, and use programming tools to develop proprietary analytics, visualizations and risk-reporting capabilities. You will join a collaborative Equity Risk team within a global Investment Risk function, supported by dedicated technology resources. This role will be based at our headquarters in Baltimore, Maryland with 4 days/week onsite in the office. Responsibilities What you will do: Own the ongoing risk oversight of assigned equity strategies. Develop a detailed understanding of portfolio managers’ investment processes, positioning and intended sources of risk. Identify and communicate material factor, security, sector, concentration and other portfolio exposures. Analyze volatility, tracking error, Value at Risk, factor risk and changes in portfolio risk profiles. Design and perform historical, hypothetical and bespoke stress tests and tail-risk analysis. Translate complex quantitative results into clear investment insights and constructive advice. Develop and enhance risk reports, dashboards and analytical tools using vendor and proprietary data. Use Python, R or comparable tools to process data, perform quantitative analysis and create visualizations. Partner with technology colleagues to define requirements, test new capabilities and improve risk systems. Present risk findings to investment leaders, senior management, clients, consultants and prospective clients. Develop best practice risk measurement methodologies, and sophisticated analytical capabilities, to support risk-informed investment decisions. Why join us? This role offers the opportunity to: Work directly with experienced portfolio managers and senior investment leaders. Combine investment insight with hands-on quantitative analysis. Influence portfolio discussions through independent, actionable risk advice. Shape new stress-testing, reporting, and analytical capabilities. Collaborate with a global team and dedicated technology partners. Build visibility across investment, management, and client-facing stakeholders. Qualifications Required: Bachelor's degree or the equivalent combination of education and relevant experience, plus at least eight years of total relevant work experience. Experience in the asset management industry, with a focus on equity market risk gained through roles in risk management or investment functions. Strong knowledge of buy-side risk management, equity investment strategies, portfolio construction and global financial markets. Experience applying quantitative risk evaluation methods, including volatility, tracking error and Value at Risk. Programming skills in common languages and statistical analysis packages to process data, perform computations and create visualizations. Experience using industry-standard risk modelling and performance attribution systems, such as MSCI BarraOne and RiskManager. The ability to communicate complex topics clearly to investment leaders, portfolio managers, clients, prospects and consultants. Strong data analysis, interpersonal, written and presentation skills. High standards of integrity, work quality, professional judgement and organization. A self-starting, highly motivated and collaborative approach, with intellectual curiosity and a commitment to continuous learning. Preferred: A Bachelor's degree in a quantitative or scientific field, such as quantitative finance, economics, statistics, applied mathematics, operations research, engineering, computer science or physics. More than five years of direct equity risk management experience within a buy-side asset manager. A Master's degree or PhD in a quantitative or scientific discipline. Advanced programming capability in Python or R. CFA, FRM, PRM or progress towards a relevant professional qualification. Experience working across regions within a global asset management organization. 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. $133,000.00 - $227,000.00 for the location of: Maryland, Colorado, Washington and remote workers $146,000.00 - $250,000.00 for the location of: Washington, D.C. $166,000.00 - $284,000.00 for the location of: New York, California Pla