2024 Internal Audit Internship Program
Location: Maryland, US
Requisition Number: 69655
Position Title:
External Description:
Internal Audit 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.
Internal Audit is responsible for the assessment of risk and exposure relative to the achievement of business objectives as well as reviewing and appraising the existence, adequacy, and cost effectiveness of financial, operational, technology systems and controls. Internal Audit recommends improvements in controls, practices, and procedures to increase profitability and reduce exposure to loss.
Responsibilities may include:
Leverage Power BI to 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.
Engage with stakeholders to understand the business process being audited.
Partner with colleagues within Internal Audit
Open to all majors but risk management, data analytics and/or information systems preferred
Required Qualifications
Full time student pursuing a bachelor’s degree with an expected graduation date of December 2025 – May/June 2026
Cumulative grade point average of at least 3.2 on a 4.0 scale
Opportunities are available in Owings Mills, MD.
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.
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)
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Community / Marketing Title: 2024 Internal Audit Internship Program
Company Profile:
Location_formattedLocationLong: Maryland, US
CountryEEOText_Description: 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, 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.