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T. Rowe Price

Global asset manager offering retirement solutions

Business Analyst Mid-level

Full-Time
$77k - $131k+ Discretionary bonus
Junior
Bachelor's
Owings Mills, MD, USA
HybridUp to three days per week may be worked from home.
Business & StrategyBusiness Analysis
No H1B Sponsorship

About the job

Requirements
  • A bachelor's degree or an equivalent combination of education and relevant experience, and at least 1 year of total relevant work experience.
  • Hands-on experience working with relational databases, writing SQL queries, and performing data analysis.
  • Experience gathering, documenting, and translating business requirements into technology solutions.
  • Experience supporting workflow applications or business process platforms, preferably Chorus (AWD), including documenting workflow behavior, routing logic, business rules, or configuration impacts.
  • Ability to translate business requests into clear Chorus (AWD) requirements, test scenarios, acceptance criteria, and supporting documentation for development or vendor teams.
  • Experience manually validating system changes by comparing expected workflow outcomes, system data, routing behavior, and exception scenarios.
  • Strong analytical, problem-solving, logic, and reasoning skills.
  • Ability to explain technical concepts to non-technical audiences.
  • Proven ability to collaborate effectively across business, technology, and vendor teams.
  • Must have United States work authorization that does not now or in the future require visa sponsorship.
Responsibilities
  • Articulate business needs and translate them into effective technology solutions.
  • Define, analyze, and document business requirements for new and enhanced workflow capabilities, services, and processes.
  • Partner with business, technology, and vendor teams to ensure requirements are understood and delivered.
  • Create process, data mapping, and business rules documentation to support workflow solutions.
  • Analyze current-state processes and identify opportunities for workflow automation, digitization, and operational efficiency improvements.
  • Support Chorus (AWD) workflow changes by documenting current and future-state behavior, rules, and routing impacts.
  • Support functional testing, workflow configuration, scripting, data configuration, content authoring, and other implementation activities as needed.
Desired Qualifications
  • Experience working with workflow automation or business process management platforms such as Chorus AWD, Appian, Pega, ServiceNow, or similar technologies.
  • Experience supporting Individual Investor, brokerage, client servicing, fund operations, financial services, or asset management functions.
  • Knowledge of workflow design, business process optimization, business rules management, and operational automation.
  • Experience working in Agile product delivery environments.
  • Experience managing or coordinating vendor-delivered technology solutions.

About the company

T. Rowe Price provides investment management and retirement solutions to individual investors, financial intermediaries, and institutions worldwide. It manages client assets through a disciplined, research-driven investment process and offers a range of strategies and products designed for long-term value. Clients pay management fees based on assets under management, with total assets under management around $1.569 trillion as of June 30, 2024. The company differentiates itself by its global research capabilities, experienced investment teams, and broad client base, enabling tailored solutions for personal accounts, retirement plans, and institutional clients. Its goal is to help clients reach their financial objectives by growing and preserving capital over the long term through diversified investment strategies.

Company Size

10,001+

Company Stage

IPO

Headquarters

Baltimore, Maryland

Founded

1937

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Simplify's Take

What believers are saying

  • Q2 2026 AUM reached a record $1.9 trillion, boosting revenue and scale.
  • August 20, 2026 F/m acquisition deepens fixed-income ETFs and customized SMA growth.
  • Late-stage venture momentum and Goldman funds expand alternatives AUM beyond $25 billion.

What critics are saying

  • Q2 2026 active equity outflows hit $6.5 billion, crushing fee growth.
  • February 2026 layoffs and 2026 severance charges show relentless cost pressure.
  • If ETF, SMA, and private-markets launches stall, active-equity decline becomes existential.

What makes T. Rowe Price unique

  • T. Rowe Price combines retirement scale with 200-plus analysts and disciplined active research.
  • July 27, 2026 Goldman Sachs partnership opened private markets to retail investors.
  • Its late-stage venture and private credit platform spans 300-plus private-company investments since 2007.

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Benefits

  • Paid Volunteer Time
  • Parental Leave
  • Learning & Growth Resources
  • Matching Charitable Gifts
  • Health Care Benefits
  • Generous Retirement Plan

Company News

The Wealth Advisor
Oct 15th, 2026
T. Rowe Price is hiring 50 people to get closer to advisors.

T. Rowe Price is hiring 50 people to get closer to advisors. October 15, 2026 T. Rowe Price is adding more than 50 client-facing positions and has hired two senior executives as it expands its presence in the wealth management market. The $1.86 trillion asset manager is increasing coverage of broker/dealers and RIAs while building specialist teams around alternative investments, ETFs and model portfolios, a substantial commitment to reaching advisors through more than its traditional investment products. Kevin Collins, head of U.S. Intermediaries, says the firm has built momentum in wealth management but sees considerably more opportunity ahead. The expansion will put additional people in the field while strengthening the research, portfolio construction and investment capabilities available to advisory firms. T. Rowe Price isn't simply hiring more salespeople to distribute existing funds. It's building a larger organization around the increasingly complicated ways advisors assemble portfolios. The two executive appointments reflect that ambition. Kevin Johnson joins as head of wealth research after more than 30 years in the industry, most recently overseeing platform distribution at Allspring Global Investments. Ryan Bauer becomes head of RIA enterprise national accounts, bringing more than 15 years of experience, including 12 years in the asset management businesses of Deutsche Bank and DWS Group. Both report to Annie Brown, co-head of wealth management within U.S. Intermediaries. Johnson will work with manager research and model teams, while Bauer will concentrate on relationships with the largest and most complex RIAs. Those assignments put T. Rowe Price closer to the people and institutions deciding which investment strategies become available across entire advisory organizations, rather than relying exclusively on individual advisors choosing funds for individual clients. That distinction matters as the distribution business changes. Large RIAs increasingly operate centralized investment committees, model portfolios and research functions that influence allocations across thousands of client accounts. Winning a place in those systems requires a different relationship from the traditional wholesaler's visit, with more attention to portfolio construction, implementation and the operational requirements of enterprise-scale advice. T. Rowe Price is responding with a broader investment menu as well. The firm is emphasizing tax-optimized drawdown strategies, customizable model portfolios, separately managed accounts, ETFs and alternatives. Each gives it another way to participate in portfolios where the investment decision may be shaped as much by taxes, household circumstances and implementation requirements as by a manager's investment record. The expansion also follows a period in which T. Rowe Price has been extending its capabilities beyond the mutual funds that established its reputation. In August, the firm announced a move into additional fixed-income ETF capabilities through its acquisition of F/m Investments, while its portfolio construction research has documented growing use of alternatives and active ETFs in advisor models. The new distribution hires give those expanding capabilities a larger route into the wealth channel. There is a competitive calculation underneath the investment. Asset managers increasingly need to demonstrate that they can help advisory firms solve problems extending beyond security selection. A strong investment strategy may earn consideration, but tax management, portfolio customization, research support and the ability to implement solutions across a large practice can determine whether that strategy ultimately receives assets. The enterprise RIA business makes those stakes particularly clear. A relationship with a large advisory organization can influence allocations across many offices and investment teams, but earning that relationship requires sustained engagement with sophisticated buyers who have their own research capabilities and considerable negotiating power. Bauer's appointment gives T. Rowe Price a senior executive specifically responsible for pursuing those relationships. Collins is betting that a larger field organization, supported by specialists and research, can turn the firm's investment capabilities into a more substantial wealth management business. The more than 50 new positions represent an investment in people at a moment when much of the industry's attention is concentrated on technology and automation. T. Rowe Price has spent decades building investment expertise that advisors can buy. Its latest expansion recognizes that increasingly sophisticated advisory firms also want help deciding how, where and when to use it.

PR Newswire
Oct 14th, 2026
T. Rowe Price adds 50+ client-facing roles to deepen wealth advisor ties

T. Rowe Price is expanding its US Intermediaries Wealth Management business to deepen ties with financial advisors. The Baltimore-based firm says advisors want more targeted service as client needs grow more complex. It is adding more than 50 client-facing roles in broker-dealer and registered investment advisor (RIA) field sales, and in its alternatives, ETF, and model portfolio specialist teams. Two executives join in new national account leadership roles. Kevin Johnson, formerly of Allspring Global Investments, is head of wealth research. Ryan Bauer, who spent 12 years at Deutsche Bank's DWS Group, is head of RIA enterprise national accounts. "We see opportunity to do more," said Kevin Collins, head of US Intermediaries. The firm manages $1.86 trillion in client assets.

Business Wire
Oct 13th, 2026
Inscripta Announces the First Commercial Shipment of Its Onyx™ Digital Genome Engineering Platform and Closes $150 Million in New Financing

Financing round led by Fidelity and T. Rowe Price funds underscores vast opportunities to bring Inscripta’s technology to the broader bioeconomy.

MarketScreener
Oct 13th, 2026
Alaunos Therapeutics to raise $350M in private placement led by Fairmount

Alaunos Therapeutics has agreed to raise about $349.95 million through a private placement of stock. It signed a Securities Purchase Agreement to sell 687,789 shares of common stock at $1.4357 per share and 243,063 shares of Series C preferred stock at $1,435.70 per share. The common stock brings in about $987,459, and the preferred stock about $348.97 million. The deal is expected to close on October 14, 2026, subject to customary closing conditions. Fairmount led the placement of Series C non-voting convertible preferred stock. Venrock Healthcare Capital Partners, T. Rowe Price Investment Management, Wellington Management, Janus Henderson Investors, Access Biotechnology, BB Biotech, Perceptive Advisors, Sirenia Capital Management, ADAR1 Capital Management and other firms took part.

Bloomberg
Oct 9th, 2026
Ramp Hits $60 Billion Valuation in $1.85 Billion Funding Round

Fintech startup Ramp has reached a roughly $60 billion valuation with its latest fundraising effort, according to people familiar with the matter.