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.
Investment Operations Internship Program
For 80 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 employees and 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.
Global Investment Operations (GIO) is a centralized team responsible for enabling T. Rowe Price’s business to operate effectively and efficiently, expand use of asset classes and strategies, and deliver an exceptional client experience through continuous evolution and modernization of both operations and technology. Our goal is to provide differentiated client service and ensure operational functions are aligned to be performed at a consistently high quality across global markets.
The Global Investment Operations includes placement into Middle Office and Investment Liaisons, Performance and Analysis, Investment Compliance, Fund Administration and Tax Operations, and Fund Accounting
Responsibilities may include:
Perform business analysis and project management activities, interpreting large and complex data sets via data collection, querying, and analysis
Help to facilitate creation of workflows and flowcharts for defining business processes and identifying process improvement opportunities
Identify and communicate process and data trends to management
Utilize data visualization tools and programming languages (including VBA) to increase automation, improve efficiency and reduce risk
Participate in testing of system enhancements
Assist team members by assuming ownership for daily processes, leveraging multiple systems and communicating updates to critical stakeholders
Global Client Account Services (GCAS) strives to be a global, highly valued partner through providing superior operational expertise via flexible & creative solutions. The GCAS Organization is broken up into two primary functions. Those functions include Client Account Management (CAM) which encompasses both Client Implementation Management (CIM) and Client Account Services (CAS), and GCIR (Global Client Investment Reporting).
Client Account Management (CAM) business:
Client Implementation Management (CIM) teams implement & maintain globally relevant, controlled, scalable processes for the on-boarding of the firm’s institutional and intermediary clients.
Client Account Servicing (CAS) ongoing servicing to the firm’s institutional and intermediary clients throughout the client relationship.
The CAM organization serves as an advocate on behalf of the firm’s clients and encourages cross functional collaboration to aide in building innovative solutions for the client.
Global Client Investment Reporting (GCIR) business:
The global team supports the firm’s and institutional clients by efficiently creating, managing, and delivering timely and accurate investment reporting. The team is focused on reporting and sales kit production to deliver a seamless client experience and to support the business development teams in region.
For the GCIR organization, providing accurate and timely production and distribution of reports to clients is top priority.
Responsibilities may include:
Perform business analysis and project management activities, interpreting complex data sets via data collection, querying, and analysis
Help to facilitate creation of workflows and flowcharts for defining business processes and identifying process improvement opportunities
Identify and communicate process and data trends to management
Utilize data visualization tools and programming languages (including VBA) to increase automation, improve efficiency and reduce risk
Participate in testing of system enhancements
Assist team members by assuming ownership for daily processes, leveraging multiple systems and communicating updates to critical stakeholders
Full time student pursuing a bachelor’s degree with an expected graduation date of December 2025 – May/June 2027.
Cumulative grade point average of at least 3.0 on a 4.0 scale
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)
Opportunities are available in Owings Mills and Baltimore, MD.
FINRA licenses are not required and will not be supported for this role.
This role is eligible for remote work up to two days a week.
WHAT TO EXPECT AFTER APPLYING
1. You will receive an email and text message to answer a few questions to verify your eligibility. If you apply for multiple jobs, you will receive separate invitations for each role and will need to respond to each. Estimated Time Commitment: 3-5 minutes
2. If you are eligible, you will be asked to complete an online assessment and record video responses to introductory questions with our vendor partner, HireVue. Take time to read all instructions carefully before responding. Some questions may require you to respond within a set time limit, or with limited retakes. You can use this opportunity to tell us more about your background and interest than we can learn from a resume alone. Estimated Time Commitment: 45 minutes
3. A member of our recruiting team will personally review your responses and follow up if you are selected for an interview.
Base salary ranges:
$25.00 per hour for the location of: California, New York
$25.00 per hour for the location of: Washington, D.C
$25.00 per hour for the location of: Colorado, Maryland, Washington and All other US locations
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:
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 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.