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Associate Analyst, Middle Office

T. Rowe Price
Baltimore, USA
Full-time
Entry · 1+ years experience
Hybrid
USD 59000-118000 yearly / year
Discovered 1 weeks ago
Excel Power QueryAI toolsInvestment Book of RecordFINRABNYM
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About the Role

Leads or supports reconciliation and oversight of the Investment Book of Record, independently managing complex accounts and workflows with minimal supervision. The role coordinates and validates security transfers and reconciliations, resolves complex operational issues across internal and external parties, manages relationships with business partners and BNYM, and drives scalable process improvements focused on risk and controls. It requires deep subject-matter expertise, knowledge of related disciplines, leadership of Middle Office projects or workstreams, and the ability to advise and support less-experienced colleagues.

Role Summary

This position requires deep knowledge of operating procedures, a strong understanding of key risks, and the ability to navigate the organization effectively to resolve issues in a timely and thoughtful manner. Success in the role requires managing competing priorities in a production environment and shifting seamlessly between tasks. The incumbent works under general supervision, with direct accountability for assigned workflows and processes, serves as a subject matter expert on projects, drives process improvement initiatives, and manages complex processes and issues escalated by internal partners

Responsibilities

  • Process and oversee portfolio transactions, ensuring appropriate controls, accuracy, and compliance while escalating or correcting identified issues.
  • Serve as a liaison among operations teams, relationship managers, portfolio managers, custodians, vendors, and clients to communicate account information and resolve inquiries.
  • Validate third-party reconciliations, support or conduct account transitions to outsourced-provider platforms, and provide feedback on service quality and timeliness.
  • Analyze operational metrics, identify control or process deficiencies, recommend improvements, and guide less-experienced colleagues on procedures and error prevention

Required

Bachelor's degree or the equivalent combination of education and relevant experience AND

1+ years of total relevant work experience

Preferred: Â

Prior experience with Middle Office reconciliation, security Transfers, and other operational activities.Â

Knowledge of third-party vendor oversight, as well as overall Reconciliation experience.Â

Strong technical skills – in depth knowledge of systems, processes, or function (i.e., Excel Power query, AI tools).Â

Demonstrated ability to manage competing priorities and deadlines.Â

Demonstrated ability to collaborate in a team environment and build strong relationships with internal Partners.Â

Demonstrated drive to proactively initiate process improvement opportunities.Â

Adept at managing complex issues and identifying alternative solutions

Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).

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.
  • 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.
  • 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. Â

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 .  Â
  • Â Â
  • Featured employee benefits to enrich your life: Â Â
  • Competitive compensation Â
  • Annual bonus eligibility Â
  • A generous retirement plan Â
  • Hybrid work schedule Â
  • Health and wellness benefits, including online therapy Â
  • Paid time off for vacation, illness, medical appointments, and volunteering days Â
  • Family care resources, including fertility and adoption benefits Â
  • Learn more about our benefits. Â Â

State

Community / Marketing Title: Associate Analyst, Middle Office

Location_formattedLocationLong

  • Baltimore, Maryland US
  • CountryEEOText_Description: 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 invest in our people through a wide range of programs and benefits, including: •Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions •Flexible and remote work opportunities •Health care benefits (medical, dental, vision) •Tuition assistance •Wellness programs (fitness reimbursement, Employee Assistance Program) 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.
  • Do Not Sell or Share My Personal Information
  • Transparency in Coverage Disclosure
  • This website does not provide investment advice or recommendations. Nothing in this website shall be considered a solicitation to buy or an offer to sell a security, or any other product or service, to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the laws of such jurisdiction.
  • T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/or apart, trademarks of T. Rowe Price Group, Inc. All rights reserved.

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