Audit/Compliance Internship Program at T. Rowe Price in Owings Mills, Maryland

Job Description:

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.

Regulatory and Business Conduct 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. 

Business units within Regulatory and Business Conduct are responsible for identifying, measuring, and reporting on compliance matters, such as unsupervised trading, transaction processing failure, system weaknesses, lack of data integrity, content compliance, product development, and fraud. Takes corrective actions to resolve areas of noncompliance. Operational compliance staff work closely with other risk and compliance specialists internally to control overall risk exposure.  Regulatory and Business Conduct internship includes placement in Enterprise Change Office (ECO), Legal, Compliance, Internal Audit, or Risk Management.

Responsibilities may include:

• Interpret large and complex data sets via data collection, querying, and analysis


• Assist with continuous improvement activities such as the analysis of exceptions and providing support for audits in addition to looking for opportunities to increase process efficiency.


• Perform research and analysis, such as understanding trends and exceptions


• Utilize programming languages to manipulate data and calculate risk analytics.


• Employ data visualization tools to improve decision making.


• Participate in risk assessment programs within assigned business areas, understanding the end-to-end process for process owners, exploring efficiency and effectiveness by identifying redundancies of efforts, control gaps and process improvement opportunities


• Partner with colleagues within the Compliance and Internal Audit groups


• Open to all Majors

Required Qualifications

• Full time student pursuing a bachelor’s degree with an expected graduation date of December 2024 – May/June 2025


• Cumulative grade point average of at least 3.2 on a 4.0 scale

Opportunities are available in Owings Mills and Baltimore, MD. 

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Work Flexibility

This role is eligible for remote work up to two days a week.

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

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 and remote 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, colour, 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.