Posted:
9/8/2024, 2:52:02 PM
Location(s):
Colorado Springs, Colorado, United States ⋅ Colorado, United States ⋅ Owings Mills, Maryland, United States ⋅ Baltimore, Maryland, United States ⋅ Maryland, United States
Experience Level(s):
Internship
Field(s):
Sales & Account Management
Workplace Type:
Remote
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.
2025 Sales & Client Engagement 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 and leave a lasting impact in a number of ways to our firm and the clients we support. You will have the opportunity to work with practitioners in the field who are experienced, 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 Distribution:
We have great investment solutions, but we need to get those solutions into the hands of our clients. To help us connect with our clients, we have created robust and varied distribution channels. The Global Distribution team manages our relationships with financial institutions, financial advisors, and financial intermediaries who offer our investment solutions to clients. They manage relationships with U.S. and Americas based intermediaries as well as intermediaries in Asia, the Pacific region, Europe, the Middle East, and Africa. This team also manages relationships with individual investors, retirement plan sponsors, and participants. Global Distribution also works to develop new global distribution channels.
We have sales & client engagement internship opportunities available within the following businesses within Global Distribution.
U.S. Intermediaries (USI):
The US Intermediaries business (USI) distributes investment solutions to Financial Advisors, Home Offices and Platforms across the United States. We offer products designed to meet clients’ needs including mutual funds, Separately Managed Accounts, Trusts/Sub-Advised and ETFs. The types of intermediaries that we partner with include broker/dealers, national and regional banks, registered investment advisors, platform service providers, large defined contribution recordkeepers, and insurance companies. Internship opportunities are within our integrated sales business. Cutting across both wealth and retirement, Integrated Sales drives commercial outcomes through internal partnerships, and (primarily) virtual client engagements.
Institutional Distribution (Americas):
Americas is responsible for T. Rowe Price’s institutional business in the US, and the institutional and intermediary business in Canada. We are responsible for new business development and for providing world-class service to some of the firm’s largest and most sophisticated clients.
Individual Investors (II):
Individual Investors (direct to consumer) provides investment products and services to nearly 1.5 million clients and has approximately $250 billion in assets under administration.
Responsibilities vary based on business placement but may include:
U.S. Intermediaries: Weekly research projects & presentations designed to provide insight and exposure into distribution channels, products and strategies, clients, and industry trends
Institutional Distribution: Projects may include developing processes, creating reports, competitor and proprietary trade analysis, enhancing advisor profiling through data acquisition and inventory management.
Individual Investors: Interns participate in 3 weeks of intensive training. After training, interns receive direct client exposure and take live calls in the non-licensed queue.
Qualifications
Full time student pursuing a bachelor’s degree with an expected graduation date of December 2025 – May/June 2027.
Open to all Majors including but not limited to Business Administration, Marketing, Finance, Economics, and Political Science
Cumulative grade point average of at least 3.0 on a 4.0 scale
Strong interpersonal skills; both written and verbal
Solid experience in Excel
Interest in investing and following the markets
Interest in a career trajectory in sales/client management including obtaining Series 7 and 66 licenses upon graduation in alignment with a full-time role
Opportunities are available in Baltimore, MD, Owings Mills, MD and Colorado Springs, CO.
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)
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for remote work up to two days a week.
Regional Requirements:
$25/hour
For the location of:
Colorado
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.
This job posting is expected to be available until December 1, 2024
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.
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:
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.
Website: https://www.troweprice.com/
Headquarter Location: Baltimore, Maryland, United States
Employee Count: 5001-10000
Year Founded: 1937
Industries: Business Development ⋅ Finance ⋅ Financial Exchanges ⋅ Financial Services