Experienced RMBS Credit Analyst

Company: T. Rowe Price
Location: Baltimore
Posted on: April 6, 2025

Job Description:

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. Youll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, youll 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.Role SummaryThe position will be responsible for analyzing and developing credit opinions on securitized transactions in the RMBS market. The position will require analysis of financial, consumer and property market fundamentals, security level cash flows, ongoing security surveillance, the assignment of credit ratings, and trade recommendations that benefit T. Rowe Price portfolios. The analyst will be an integral part of the Securitized Products team at T. Rowe Price.Responsibilities1. Analyze and evaluate investment opportunities in the securitized products universe.2. Analyze and recommend potential purchases and sales of securitized products securities to enhance portfolio performance. Conduct fundamental sector, market and security analysis, and combine relative value and strategy considerations in sector and security recommendations.3. Analyze the fundamentals in covered sectors, including underwriting standards, prepayment and default forecasting, collateral market trends, macro developments and their impact on securitized credit securities.4. Communicate and collaborate with various internal and external parties to develop well-researched, sound investment recommendations and sector theses. This position will interact most directly with internal peers who also cover securitized products. The role will also interact with Rating Agency analysts, external sector experts, T. Rowe Price Portfolio Managers, Equity and Credit analysts, and Quantitative analysts, among others.QualificationsRequired:College degree5+ years of direct investment experience in RMBSExperience developing and maintaining reports and dataUnderstanding of financial accounting, derivatives markets, and computer skillsExperience using Intex and BloombergStrong written and oral communication skillsStrong decision-making and risk management backgroundStrong analytical skillsCollaborative, inquisitive and detail-oriented personalityPreferred:Advanced business degree is a plusChartered Financial Analyst designation preferredExperience with data querying languages and toolsKnowledge of Excel VBA and/or PythonFINRA RequirementsFINRA licenses are not required and will not be supported for this role.Work FlexibilityThis role is eligible for hybrid work, with up to one day per week from home.Base Salary RangesPlease review the job posting for the location of this specific opportunity.$175,000.00-$275,000.00 for the location of: Maryland, Colorado, Washington and remote workers$175,000.00-$275,000.00 for the location of: Washington, D.C.$175,000.00-$275,000.00 for the location of: New York, CaliforniaPlacement within the range provided above is based on the individuals 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 InclusionAt 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.BenefitsWe value your goals and needs, at work and in life. As an associate, youll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.Featured employee benefits to enrich your life:Competitive compensationAnnual bonus eligibilityA generous retirement planHybrid work scheduleHealth and wellness benefits, including online therapyPaid time off for vacation, illness, medical appointments, and volunteering daysFamily care resources, including fertility and adoption benefitsLearn more about our 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.by Jobble

Keywords: T. Rowe Price, Alexandria , Experienced RMBS Credit Analyst, Professions , Baltimore, Virginia