Business Analyst (Index / Benchmark Data Products)

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.

About the Team

The Data Product team operates within the Chief Data Office (CDO), which is part of T. Rowe Price’s Chief Operating Office (COO). This team leads the firm’s data product strategy, shaping and implementing a unified approach to data products across the organization. Their responsibilities include the development, delivery, and ongoing management of critical data products that underpin T. Rowe Price’s business operations. As a central component of the company’s data strategy, the Data Product team partners closely with business users and data consumers to drive data innovation and excellence across the enterprise.

Role Summary

We are looking for a Data Product Business Analyst to join our team and play a key role in advancing enterprise data product initiatives that support our firm-wide data strategy. This position will focus on Index / Benchmark and Security Analytics reference datasets.

As a Data Product Business Analyst, you will analyze complex data, collaborate to design solutions, communicate insights, and support the data product roadmap. The ideal candidate thrives in cross-functional environments, enjoys problem solving, and is passionate about detailed data analysis and understanding the underlying business context.

Success in this role requires strong investment management data expertise, analytical and documentation skills, and the ability to communicate and collaborate effectively with diverse teams.

Responsibilities

Data Analysis : Analyze and document index / benchmark data product requirements for functions such as Front Office Investments, Trading, Counterparty Risk, and Investment Compliance. Identify patterns, inconsistencies, and clarify complex requirements.

Solution Development : Contribute to the design and development of foundational data products within the Data Product Framework, working alongside data consumers and technical partners, as well as support and governance teams.

Requirements Management : Collect, document, and communicate requirements, partnering with the Data Product Owner to prioritize and align initiatives with business objectives and technical feasibility. Ensure documentation is comprehensive and facilitates effective sign-off.

Cross-Functional Collaboration : Engage with stakeholders across business and technology, driving data product development from ideation to launch and maintenance. Coordinate with internal teams (e.g., Market Data Services) to verify index data licensing compliance.

User Experience Advocacy : Promote user-centered design to ensure data products meet user needs and foster adoption.

Risk Management : Identify risks and dependencies, develop mitigation plans, and proactively resolve issues to enable successful delivery of data products.

Vendor Communication : Liaise with external vendors to clearly articulate requirements and solutions.

Qualifications

Required :

Bachelor’s or Master’s degree, or equivalent education and experience.

2+ years of relevant experience, ideally within Asset Management or a related sector.

Proven ability to take ownership of issues and drive solutions.

Capable of working independently and collaboratively within global teams.

Strong grasp of data management concepts, such as governance, operations, modeling, and architecture.

Experience with modern data management and governance tools (e.g., data modeling, metadata management, data catalog / marketplace).

Background in Agile, cross-functional team environments.

Analytical mindset with strong data-driven decision-making skills.

Track record of delivering long-term business value.

Preferred :

Direct experience implementing index / benchmark data solutions (e.g., Rimes, Bloomberg PolarLake, S&P EDM, LSEG / Refinitiv, Factset).

Experience working with index / benchmark service providers (e.g., FTSE, Bloomberg, MSCI, S&P).

Familiarity with Bloomberg PORT, Data License (Bulk / BO files, Per security), B-PIPE, API.

Familiarity with a variety of asset classes (Equities, Fixed Income, Municipals, Bank Loans, Money Market, Mortgages, FX, Derivatives).

Technical Skills :

Strong proficiency in SQL.

Experience with cloud-based data processing and database technologies.

Knowledge of object-oriented programming (Python, R) and programmatic prototyping.

Advanced expertise in Excel.

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

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

Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$75,500.00 - $129,000.00 for the location of : Maryland, Colorado, Washington and remote workers

$83,000.00 - $142,000.00 for the location of : Washington, D.C.

$94,500.00 - $161,000.00 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

Learn 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.