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, y ou can expect opportunities to create real impact at work and in your community. Y ou'll enjoy resources to support your career path, a s well as compensation , benefits , and flexibility to enrich your life. Here, you'll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity .
Join us for the opportunity to g row 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
Advancing our company's business strategy and delivering the products and services that our clients need to reach their financial goals depends on us-through the advice and counsel we give to our business partners every day and our ability to navigate a complex and dynamic legal, regulatory, and risk and control landscape. Our Legal Department is comprised of three main segments: Corporate, Global Advisory, and U.S. Collective Funds functions. The Corporate legal team covers the corporate activities of T. Rowe Price such as litigation, insurance, employment matters, commercial contracts, privacy, and intellectual property. The Global Advisory legal team supports the legal affairs regarding the offering of investment management services through our global distribution business units within the Americas, Europe, Middle East, Africa, Asia and the Pacific regions, and T. Rowe Price's involvement in the global capital markets. Our U. S. Collective Funds legal team supports the offering of collective/commingled investment vehicles and advisory services through the Individual Investor (retail), intermediary services, and Retirement Plan Services distribution channels.
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
Working on a variety of legal, compliance and transactional matters related to the financial services regulation of its global asset management business, compliance and reporting, capital markets,
intellectual property, and litigation and corporate governance.
Conducting legal research on projects assigned by attorneys and drafting memoranda and business correspondence related to that research.
Reviewing and drafting contracts and disclosure documents.
Participating in business and industry meetings and conference calls
Completing assignments to gain an understanding of the work performed by an in-house legal department that supports the business of a global financial services firm.
Qualifications
Required:
Full time student pursuing a juris doctorate degree from an ABA-accredited law school, having completed at least one full academic year (1L or 2L)
Preferred:
Cumulative grade point average of 3.0 on a 4.0 scale
Interest in corporate law - securities, business law focus.
Familiarity with AI tools for research, analysis, and productivity, with interest in expanding usage as tools evolve
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.
$35.00 per hour for the location of: Maryland, Colorado, Washington and remote workers$35.00 per hour for the location of: Washington, D.C.$35.00 per hour for the location of: New York, California
This 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. (https://www.troweprice.com/corporate/us/en/careers/benefits.html)
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.
