2024 Regulatory & Business Conduct Internship Program @ T. Rowe Price

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.

Regulatory & Business Conduct Internship Program

For 86 years, T. Rowe Price has changed the investment management industry by delivering world-class service and guidance to individuals and institutions around the globe. Our shared values enable us to create a dynamic workplace that cultivates high achievement from diverse professionals in a variety of disciplines. Built on a tradition of integrity, we are committed to our clients and associates and are focused on sustained growth and success.

The T. Rowe Price 10-week Summer Internship Program offers an opportunity to gain valuable work experience while building skills and long-term career potential. Through teamwork, innovative thinking, and application of your skills, you can add value in various ways to our firm and the clients we support. You will have the opportunity to work with practitioners in the field who are forward-thinking, passionate people that will help you integrate what you learn in school with “real world” business initiatives.

The program includes a formal orientation, peer and senior mentor assignments, and formal learning opportunities. In addition to the work assignments within the assigned department, Interns also gain exposure to associates and senior leaders across the firm through an executive speaker series, networking activities, and engagement with our Business Resource Groups, which advance diversity and inclusion efforts across the firm. Business units withinRegulatory and Business Conduct are responsible foridentifying, measuring, and reporting on compliance matters, such as unsupervised trading, transaction processing failure, system weaknesses, lack of data integrity, content compliance, product development, and fraud. Takes corrective actions to resolve areas of noncompliance. Operational compliance staff work closely with other risk and compliance specialists internally to control overall risk exposure. Regulatory and Business Conduct internshipincludes placement in the Transformation Office or Compliance groups. Complianceis responsible foridentifying, measuring, and reporting on compliance matters related to personal trading, transaction processing, system reliability and stability, data integrity, marketing communications compliance, product development, fraud prevention, and policy reviews.They also take corrective action to resolve areas of noncompliance. Placement could be in one,or many, of our North America Compliance teams, including, Broker- Dealer Compliance, Fraud and Financial Crimes, Global Communications Compliance, Code of Ethics Administration, and North America Compliance – Trading and Investments The Transformation Officestandardizes project, program and organizational change management practices across T. Rowe Price. This group partners with internal stakeholders to create a shared understanding of project management best practices and ensure the people and organizational aspects of change are addressed. Placement could be in Change Management, Strategic Execution Governance or Global Operations Excellence.

Responsibilities may include:

Performing research and analysis, including interpreting large and complex data sets, identifying trends and exceptions and applying knowledge to prepare analyses and recommendations.
Partnering with Compliance resources and internal clients to identify areas of compliance program improvement, problem resolution, and following up as needed.
Assisting compliance team members in conducting testing of policies and procedures for an assigned business unit to determine if controls are sufficient.
Assisting with continuous improvement activities like analyzing exceptions and supporting compliance reviews while seeking opportunities to increase process efficiency.
Participating in risk assessment programs within assigned business areas, understanding the end-to-end process for process owners, exploring efficiency and effectiveness by identifying redundancies of efforts, control gaps and process improvement opportunities

Requirements:

Open to all majors but an interest in project management, risk management, and/orlegal is preferred

Required Qualifications

Full time student pursuing a bachelor’s degree with an expected graduation date of May2026
Cumulative grade point average of at least 3.2 on a 4.0 scale

Opportunities are available in Owings Mills and Baltimore, MD.

Work Flexibility

This role is eligible for remote work up to two days a week.

FINRA Requirements

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

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)

Commitment to Diversity, Equity, and Inclusion:

We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.

Benefits: We invest in our people through a wide range of programs and benefits, including:

Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions
Flexible and remote work opportunities
Health care benefits (medical, dental, vision)
Tuition assistance
Wellness programs (fitness reimbursement, Employee Assistance Program)

Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.

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.