Contracts Intern Jobs in Silver Spring, MD (NOW HIRING)

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.

Global Trading Division at T. Rowe Price is a key component of the firm's investment management capabilities. This division is responsible for executing trades across various asset classes, including equities, fixed income, derivatives, and currencies, in global markets. The team aims to implement investment strategies efficiently and effectively while minimizing transaction costs and market impact.

The Global Trading Division collaborates closely with portfolio managers and analysts to ensure the alignment of trading activities with the firm's broader investment objectives. They leverage advanced technology and data analytics to optimize trading decisions and manage risks. Additionally, the team maintains strong relationships with brokers and counterparties to access liquidity and ensure seamless execution.

You will be placed into a specific department within Global Trading for the duration of the 10-week program with exposure to a variety of areas:

• Transaction Cost Analysis
• Portfolio Management and Modeling
• Portfolio Solutions Group Liaison (Traders/Brokers)
• Analytical and Quantitative Projects
• Performance and Data Analytics
• Risk Management

Responsibilities

Depending on department placement, responsibilities may include:

• Support analytical and quantitative projects within Investment and Trading Solutions
• Use data to investigate and evaluate counterparties and algorithmic behavior across asset classes
  

Qualifications

Required:

• Full time student pursing a bachelor's degree with and expected graduation date of December 2027 - May/June 2029
• Major: Computer Science, Engineering, Economics, Mathematics, Statistics, Physical Sciences, or Quantitative Finance study
• Demonstrated programming skills or aptitude, especially with R, MATLAB, Python and object-oriented programming

Preferred:

• Minimum GPA: 3.5 Overall
• Intellectual curiosity or knowledge of investments, portfolios, and quantitative analysis
• A growth mindset with commitment to ongoing learning of AI-augmented platforms

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.

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).

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 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: 20-30 minutes

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$75,000 for the location of: Maryland, Colorado, Washington and remote workers
$75,000 for the location of: Washington, D.C.
$75,000 for the location of: New York, California

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

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.