Healthcare Services Associate Analyst

T. Rowe Price Job Opportunity

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. You'll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you'll 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 Summary

This position is open to qualified applicants for either our Baltimore location or candidates currently residing in NYC for our NYC location. The role will provide fundamental equity research support for our Healthcare Services analyst. 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 with a strong academic background AND
• 1-2 years relevant work experience (healthcare services research or banking experience preferred)
• Strong Excel and financial modelling skills including previous experience building three-statement 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
• 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

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

Base Salary Ranges

$110,000.00-$140,000.00 for the location of: Maryland, Colorado, Washington and remote workers $110,000.00-$140,000.00 for the location of: Washington, D.C. $110,000.00-$140,000.00 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

We value your goals and needs, at work and in life. As an associate, you'll 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 compensation
• Annual bonus eligibility
• A generous retirement plan
• Hybrid work schedule
• Health and wellness benefits, including online therapy
• Paid time off for vacation, illness, medical appointments, and volunteering days
• Family care resources, including fertility and adoption benefits