Junior Trader, Equity Capital Markets

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, y ou can expect opportunities to create real impact at work and in your community. Y ou’ll enjoy resources to support your career path, a s well as compensation , benefits , and flexibility to enrich your life. Here, you’ll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity .    Join us for the opportunity to g row and make a difference in ways that matter to you .

Summary The Junior Trader, Equity Capital Markets role will support the Head of Equity Capital Markets in identifying, evaluating, and executing public equity capital markets transactions across the firm's investment portfolios. The role encompasses the full spectrum of public equity issuance, including initial public offerings (IPOs), follow-on offerings, block trades, convertible offerings, accelerated transactions, and other public equity financing events. Partnering closely with portfolio managers, research analysts, traders, investment banks, and financial sponsors, the Junior Trader will serve as a key resource for market intelligence, transaction execution, and relationship management. Success in this role requires developing trusted external relationships, identifying emerging equity capital markets opportunities, and delivering timely market insights that enhance the firm's investment process. This position offers significant exposure to institutional investing and provides a clear path toward becoming an independent equity capital markets professional with increasing responsibility for external relationships, market intelligence, and transaction execution.

Participate in the evaluation and execution of public equity capital markets transactions from announcement through settlement, ensuring timely coordination across internal and external stakeholders. Proactively identify emerging equity capital markets opportunities by monitoring issuer activity, ownership changes, lock-up expirations, sponsor monetization trends, and broader market developments, delivering actionable insights to portfolio managers, research analysts, and traders. Gather, analyze, and synthesize market intelligence on IPOs, follow-on offerings, block trades, convertible offerings, and other equity capital markets activity, communicating timely insights that support investment decisions and transaction participation. Develop and cultivate trusted relationships with investment bank Equity Capital Markets and Syndicate professionals, as well as financial sponsors, to enhance market intelligence, improve access to investment opportunities, and strengthen the firm's position in public equity capital markets. Coordinate indications of interest, order communication, and allocation discussions with bookrunners throughout the transaction lifecycle. Analyze transaction valuation, pricing, investor demand, allocations, and aftermarket performance to provide investment insights and support future participation decisions. Produce regular internal commentary on equity capital markets activity, notable transactions, and emerging market trends for portfolio managers, research analysts, and traders. Develop and maintain transaction analytics, including allocation history, participation trends, bank scorecards, aftermarket performance, and other metrics that strengthen the