T. Rowe Price Team Coordinator, Portfolio Services in Owings Mills, 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
Supporting the functions of the TRP Investment Staff, the Portfolio Accounting Team Coordinator oversees the people and processes of one product line that ensure a seamless execution of the cash reconciliation, reporting and management. The team coordinator will ensure all work is covered and will fill in as needed. Directly supervises a team of portfolio accountants (typically associates and senior associates). Directs or contributes to training, new processes, developing and revising procedures, and communicating with the management in Portfolio Accounting.
Responsible for accounting operations of one investment product line, including cash reconciliation, reporting, and investing, and security reconciliation. Other operations include maintenance of records, preparation of reports, monitoring/reporting of compliance violations, resolving corporate action issues, and application of tax knowledge. Perform review of daily and month end work and follow up on outstanding issues. The Team Coordinator manages the workflow of the group to meet the department standards for accuracy and timeliness.
Hires, supervises and develops staff. Supervises staff to improve product line knowledge. Administers performance evaluations and assigns training to assist associates in fulfilling performance objectives. Initiates career discussions and delivers feedback and recognition. Work with other team coordinators, supervisors, managers to make business unit decisions related to staffing, product assignment, and changes or issues within the group.
Involved in department initiatives and projects to identify opportunities to enhance the quality and efficiency of portfolio accounting processes. Builds and maintains effective working relationships with the Investment Support Leadership Team, the Firm, and vendors.
Strong relationship building skills
Self-directed and able to perform assignments independently with attention to detail
Ability to be flexible in a fast paced environment
Experience with Excel and Access
Ability to communicate effectively both orally and in writing
Ability to work accurately and maintain composure under pressure while meeting strict deadlines
Ability to successfully manage and complete multiple responsibilities simultaneously
Curious and desire to learn, self starter
Interest in Equity and Fixed Income markets
Strong analytical and very strong quantitative skills
Ability to work well on a team and to manage workload with in a team
College degree, prior supervisory experience or prior related work experience.
Bachelor’s or master’s degree in Accounting/Finance
Minimum of 2 years of TRP or related experience
Minimum of 1 year prior supervisory experience
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.