T. Rowe Price Investment Liaison, Asset Allocation in Baltimore, Maryland
Our mission as a leading investment management firm is to help our clients achieve their long-term financial goals. We believe our associates are the key to this mission and we are always looking for talented individuals who share our commitment to our client’s success.If you’re looking for challenging work experiences and the ability to learn in a collaborative culture, we invite you to explore the opportunities available at T. Rowe Price.
PRIMARY PURPOSE OF THE POSITION
The Investment Liaison (IL) provides support to investment teams, including Portfolio Managers (PM) and Portfolio Specialists (PS). The IL, acting as a conduit for Investments, supports all stages of the client life cycle by managing investment-related, operational activities. This is achieved by ensuring operational readiness of client portfolios, partnering with analytical support teams, informing key stakeholders of changes to portfolios, and facilitating investment strategy changes. These responsibilities enable investments to focus on portfolio management, not operational matters, to deliver solid performance results for our clients.
Develops and administers systems and procedures necessary to ensure the timely and accurate payment of corporate debts, payroll, and obligations.
As the operational point of contact for Investments (PM, PS) and subject matter expert for assigned investment strategies, the IL ensures operational readiness of proprietary products and client portfolios. The IL enables the investment process through reporting cash flows, communicating corporate action decisions, executing discretionary trades, etc. Activities include reviewing investment guidelines, establishing and monitoring paper portfolios, maintaining custom industry structures, and monitoring unique client requirements. The IL provides support for Investment Steering Committees and various Boards.
Creates and ensures accuracy of portfolio-level data and analysis to support investment decisions and client inquiries. Responsible for ensuring the accuracy and timely distribution of attribution and risk data (FI and AA) and customized portfolio information. The IL works closely with Investments to develop ad hoc, non-standard reports using custom benchmarks, custom asset diversifications, and non-standard returns to support sales and client retention. The IL may also be responsible for updating portfolio models for new investment products or conducting scenario analysis for multi-sector/asset allocation products.
Facilitates timely resolution of investment-related issues to minimize risk and compliance errors. The IL stays informed about regulatory changes that may impact their investment strategy. Ensures investment decisions and client portfolios adhere to regulatory policies, industry standards, and compliance guidelines. This includes ensuring alignment across client and TRP product guidelines; escalating compliance warnings to PM and GCO, as necessary, and following through to resolution including client communication; managing GIPS composite review to retain the firm’s GIPS compliant status.
Acting on behalf of Investments, the IL is responsible for communicating investment strategy changes to Marketing and Operations teams. This includes managing benchmark changes, investing in new markets or instrument types, PM and investment analyst changes. The IL acts with authority in determining the impact to reporting and websites. Depending on the scope of change, the IL leads cross-functional teams to ensure changes are accommodated timely.
Thorough understanding of investment principles, asset classes and financial markets and their application to TRP investment processes and philosophy
Strong written and verbal communication skills, including demonstrated ability to navigate complex working environments to obtain desired results
Working knowledge of accounting, trading, performance, and risk concepts
Demonstrated analytical skills, quantitative modeling skills are beneficial
Strong attention to detail to ensure accuracy in investment reporting
Advanced computer skills including building Excel macros, Access database reporting, and data extraction from vendors (eg. Bloomberg)
Strong organization and planning skills
Able to meet multiple client and stakeholder needs in an extremely fast-paced, high-volume environment with changing priorities
Able to work effectively with individuals at all levels in the firm
Able to work under pressure, make decisions and produce results with limited supervision
Able to lead cross-functional teams to influence stakeholders to achieve desired outcomes
Demonstrated negotiation skills with all levels of associates
College degree and 1 year of related work experience, or
Associate degree and 3 years related work experience, or
High School diploma/equivalent and 5 years related work experience
Bachelor’s Degree in Business Administration, Finance or Accounting
Experience with using vendor applications and market data services (e.g., FactSet, Zephyr and others)
3-5 years relevant experience in a financial or investment operations environment
T. Rowe Price is an Equal Opportunity EmployerT. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on–now, and over the long term.