Associate Analyst - Financials

Role Summary

• The role will provide fundamental equity research support for our Banks analysts and the Financials team
• The Associate Analyst program is a three-to-five-year structured program offering ongoing training and mentoring and is designed to develop future fundamental investment analysts
• Diverse responsibilities including collaboration with senior research analyst(s), extensive financial analysis, and company/industry related research projects
• Opportunity to interact with public company C-suite executives, both in our offices and in the field
• Daily opportunity to learn directly from our senior investment professionals, providing fundamental equity research support while learning the necessary skills to become a successful institutional investor
• Expectation to provide investment insight and impact the investment process beyond just number crunching 
• Competitive compensation with significant upside potential for high performers 
• Exceptional performers have the potential to be promoted to Investment Analyst

 

Responsibilities

• This is a talent development program. Typically, the Associate Analyst is assigned to one or two senior investment professionals to execute a variety of tasks, including those listed below.
• Building/updating financial models
• Assisting in quarterly earnings analysis and writing takeaway summaries
• Attending conferences and meetings with management teams
• Conducting various industry and thematic deep dives
• Preliminary work on new investment ideas
• Accomplished Associate Analysts may also have an opportunity to rate and recommend stocks after several years

 

Qualifications

Required:

• Bachelor’s Degree required with a strong academic background AND
• 0-2 years relevant work experience
• Strong Excel and financial modelling skills including previous experience building financial models

 

Preferred:

• Highly motivated, confident self-starter, with ability to work independently and collaboratively in a performance-driven environment
• A demonstrated interest and passion for equity investing and financial markets
• Familiarity with and a strong interest in using AI tools in the context of an investment process
• Excellent verbal and written communication skills
• Demonstrated ability to derive meaningful insights from in-depth research and analysis
• Progress toward the CFA designation; strong preference for candidates that have successfully completed at least Level 1 of the CFA designation

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.

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).

WHAT TO EXPECT AFTER APPLYING

1. You will receive an email and text message to answer a few questions to verify your eligibility. If you apply for multiple jobs, you will receive separate invitations for each role and will need to respond to each. Estimated Time Commitment: 3-5 minutes

2. If you are eligible, you will be asked to record video responses to introductory questions with our vendor partner, HireVue. Take time to read all instructions carefully before responding. Some questions may require you to respond within a set time limit, or with limited retakes. You can use this opportunity to tell us more about your background and interest than we can learn from a resume alone. Estimated Time Commitment: 20-30 minutes

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$120,000.00-$160,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$120,000.00-$160,000.00 for the location of: Washington, D.C.
$120,000.00-$160,000.00 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.

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. 

Benefits

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.