Fixed Income (Low Duration) Desk Quant

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference.  We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.

GENERAL INTRODUCTION

The Fixed Income Desk Quant resides within the Fixed Income Quantitative Investments and Research Group. The Desk Quant works directly and closely with Fixed Income Portfolio Managers to provide quantitative analyses of various potential trades, quantitative model based alpha signals, trade implementation analyses, etc. The Desk Quant will be a point person to provide day-to-day quantitative support to fixed income strategies.

PRIMARY ACCOUNTABILITIES

Investment Analysis and Research

Quantitative investment research experience focused on short-term or low duration fixed income strategies are a plusSupport portfolio managers’ investment process by conducting quantitative analyses incorporating with their investment viewsDevelop quantitative model based alpha signals in macro, sector, and security level to recommend potential investment opportunities to portfolio managersDevelop interactive applications to make the model outputs easily accessibleAnalyze how to best implement trades in terms of instrument types, optimal sizes, risks, etc. consolidated with the current holdingsExamples of trade types include, but not limited to directional views, market neutral relative value, portfolio optimization, risk budget, effective hedging, etc.

Other Responsibilities

Partner with the Technology organization to productionize developed quantitative modelsCollaborate with the research and investment teams to conceptualize new investment approachesProvide analytical support to sales pitches, client meetings, product development efforts as needed

Required Qualifications

Master’s degree in a quantitative discipline is preferred. CFA designation is a plus5+ years of investment experience working on, or with, a trading desk Prior experience in capital market, fixed-income asset management, portfolio optimization, and complex derivatives instruments, preferably in quantitative researchProficiency in statistics, econometrics, financial mathematics, and strong programming skills in R, Python, SQL, etc. are essential for successPrior experience in Bloomberg product family such as PORT, BQNT, BPIPE, etc. preferredExcellent communication and presentation skills to explain and discuss sophisticated quant models and investment strategiesDetailed knowledge of fixed income market, instruments, and analytics

Other Requirements

Ability to establish rapport and work collaboratively with investors. Ability to work independently on projects.Successful candidate will be highly motivated and detail-orientedAbility to master complex tasks with minimal supervisionAbility to communicate ideas effectively and solve problems creativelyCQF is a plus

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for remote work up to one day a week.

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 contributionsFlexible and remote work opportunitiesHealth care benefits (medical, dental, vision)Tuition assistanceWellness 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.