2027 Procurement Internship Program

T. Rowe PriceOwings Mills, MD
Hybrid

About The Position

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, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you. 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.

Requirements

  • Full-time student pursuing a bachelor’s degree with an expected graduation date of December 2027 – May/June 2029
  • Cumulative grade point average of at least 3.2 on a 4.0 scale
  • Supply Chain Management, Operations Research, Business Administration, Industrial Engineering, or Finance majors preferred
  • Solid technical skills (specifically Excel), detail-oriented, analytical skills
  • Strong communication skills (written and verbal), relationship building and consultative skills
  • Ability to use data to drive decision-making
  • Creative problem solving; ability to think outside of the box
  • A growth mindset with commitment to ongoing learning of AI-augmented platforms
  • 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).

Responsibilities

  • Conduct market research to identify potential use case scenarios for expanding current Procurement AI tools usage
  • Leverage data visualization and aggregation to develop a dashboard that evaluates the efficiencies of AI tools
  • Collaborate with Procurement peers to gather future reporting requirements
  • Support Procurement data analyst in building, testing, and training peers when appropriate on reporting
  • Gather, reconcile, and analyze data for transformation into reports
  • Research data trends, industry trends and best practices in Procurement, contributing to the continuous improvement of the firm's Procurement processes and strategies.
  • Support the Procurement team with providing validated reporting in the agreed upon timeframe and cadence

Benefits

  • 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
  • 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)
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