Job Description

Fund Accounting 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.  

Global Investment Operations (GIO) is a centralized team responsible for enabling T. Rowe Price’s business to operate effectively and efficiently, expand use of asset classes and strategies, and deliver an exceptional client experience through continuous evolution and modernization of both operations and technology. Our goal is to provide differentiated client service and ensure operational functions are aligned to be performed at a consistently high quality across global markets. 

Fund Administration and Accounting is a centralized team within Global Investment Operations that establishes accounting and financial reporting policy in accordance with applicable regulations, accounting guidance (e.g., GAAP, IFRS), product requirements, and company policies for global T. Rowe Price-sponsored products. As a team, we perform, process, manage, or analyze financial transactions and information to ensure that accounting ledgers, financial statements, regulatory filings, and other reports of financial information are complete, timely, and accurate   

Responsibilities may include: 

• Perform basic oversight activities for assigned accounting and/ or financial reporting process(es), to evaluate accuracy and completeness of data and deliverables from third-party service providers.  

• Conduct activities to identify errors or exceptions exceeding specified tolerances;researches potential resolutions and addresses issues with service providers.  

• Apply knowledge of internal controls, T. Rowe Price accounting and reporting policies, relevant guidance and service standards. 

• Perform business analysis and project management activities. 

• Identify and communicate process and data trends to management. 

• Assist team members by assuming ownership for daily processes, leveraging multiple systems and communicating updates to critical stakeholders. 

Required Qualifications 

• Full time student pursuing a bachelor’s degree with an expected graduation date of December 2025 – May/June 2027 

• Cumulative grade point average of at least 3.0 on a 4.0 scale 

• Targeting Accounting majors or related field  

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) 

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.

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.