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 Legal, Compliance, Audit and Risk organization plays a critical role in ensuring that T. Rowe Price operates within legal and regulatory frameworks while upholding ethical standards and mitigating risks across the firm. We are actively engaged with our business partners and external partnerships to help the firm navigate a very complex environment.
About This Position
The Risk intern will provide support across Business Risk, Enterprise Risk Management and Global Privacy via special projects. Within this role, the intern will apply knowledge to improve risk management and develop an understanding of organizational risk culture and the application to assigned business line through standards, guidelines and regulations. Through use of independent judgment and discretion, the intern will examine existing processes, operational controls, and policies to identify control gaps.
Role Summary
The T. Rowe Price internship 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 and social events, and engagement with our Business Resource Groups.
Responsibilities
- Develops understanding of the design and operating effectiveness of internal controls to advise the business line with executing the risk program.
- May assist in drafting reports as instructed. Responsible for assessing, monitoring, and reporting on the risks inherent in the business activities.
- Assists with monitoring compliance across the business line, identifying issues as they arise. Develops and evaluates potential courses of action to address issues identified and suggests and compares alternative solutions.
- Assists more senior professionals in their partnership with internal stakeholders, researching and providing information as requested. Acts as liaison between internal stakeholders; facilitates discussions and coordinates reviews.
- Conducts business change assessments to identify operational changes impacting assigned reports.
Qualifications
Required:
- Open to all majors
- Full time student pursuing a bachelor’s degree with an expected graduation date of May/June 2027-2028
- Cumulative grade point average of at least 3.2 on a 4.0 scale
Preferred:
- Majors in risk management, data analytics, business administration
- Experience with project management, risk assessments, stakeholder engagement
- Familiarity with AI tools for research, analysis, and productivity, with interest in expanding usage as tools evolve
- Full time student pursuing a bachelor’s degree with an expected graduation date of May/June 2028
- Cumulative grade point average of 3.4 on a 4.0 scale
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 one day per week from home.
Opportunities are available in Owings Mills, MD.
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.
$25.00 per hour for the location of: Maryland, Colorado, Washington and remote workers$25.00 per hour for the location of: Washington, D.C.
$25.00 per hour for the location of: New York, CaliforniaThis job is eligible for overtime pay.
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.
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What We Do
T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on—now, and over the long term. Headquartered in Baltimore, Maryland, we provide an array of mutual funds, subadvisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors. At T. Rowe Price, we believe in strategic investing. It has guided how we do business for more than 80 years, and it’s driven by independent thinking and rigorous research. So our clients can be confident that we’ll strive to select the right investments as we help them achieve their objectives. Strategic investing means that we don’t stop at surface level analysis. Instead, we go beyond the numbers. Our investment professionals travel the world, visiting the companies they evaluate. It’s this passion for exploration and understanding that has helped inform better decision-making and prudent risk management for our clients since its founding by Thomas Rowe Price Jr. in 1937.
