Analyst, Middle Office

T. Rowe Price Job Opportunity

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.

At T. Rowe Price, our associates are empowered to do meaningful work that supports long-term client outcomes and reflects our core principles of integrity, collaboration, accountability, and excellence. This role sits at the center of the firm's Middle Office trade management function, supporting derivatives, private placements, and discretionary mutual fund trading. It offers the opportunity to work across the full trade lifecycle, partner closely with front office teams and external providers, and contribute to daily risk management and operational oversight.

This position is well suited for a professional who enjoys ownership, values strong controls, seeks opportunities to improve processes, and is motivated by helping scale operations to support new products and account growth.

As part of Global Investment Operations (GIO), this role plays an important part in supporting the firm's Middle Office trade management function. The position is responsible for administering and processing the books and records for a variety of accounts, including coordinating, booking, checking, and validating trades, settlements, and reconciliations. Working under general supervision, this individual will have direct accountability for a set of moderately complex accounts and/or an administrative process, contribute to process improvement efforts, and handle more advanced issues and questions elevated from less experienced staff.

Coordinate the processing of portfolio transactions, ensuring activities are accurate, timely, and compliant with established policies, procedures, and controls.

Identify quality, accuracy, or compliance deficiencies and take appropriate corrective action to resolve issues and mitigate risk.

Guide less experienced peers and support staff on error prevention, process execution, and interpretation of operational controls.

Partner regularly with securities operations staff, relationship managers, investment staff, custodians, and vendors to collect, analyze, and communicate information that impacts accounts and trade activity.

Respond to queries related to cash breaks, trade breaks, and other standard operational questions from internal and external stakeholders, escalating more complex issues as appropriate.

Prepare standard and some nonstandard instructions for settlements, reconciliations, transfers, and related activities.

Instruct team members on adjustments needed to books and records to ensure accuracy and completeness.

Drive process improvement initiatives focused on automating manual tasks, enhancing efficiency, strengthening controls, and minimizing operational risk.

Follow established controls to check and validate third-party reconciliations and support account transitions to the end-state infrastructure of outsourced providers.

Provide feedback, as appropriate, to management and third-party vendors regarding timeliness, service quality, and operational effectiveness.

Generate periodic reports and dashboards outlining relevant operational metrics such as error rates, recalculation rates, client satisfaction, responsiveness, and time to resolution.

Support a collaborative, control-oriented operating environment that reflects T. Rowe Price's commitment to operational excellence and client focus.

Required:

• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 2+ years of total relevant work experience

Preferred:

• 2+ years of experience in derivatives and trading operations
• Knowledge of private placements
• Experience supporting middle office, trade management, or securities operations processes across the trade lifecycle
• Demonstrated ability to identify process gaps and drive improvements that increase efficiency and reduce operational risk
• Strong attention to detail with the ability to maintain accuracy in a fast-paced, high-volume environment
• Effective…