A career at T. Rowe Price says you want to contribute and make a difference at a leading global investment management firm where success results from the dedication our associates have in building success for our clients. We are a growing organization of associates from diverse backgrounds, experiences, and perspectives.
We take a long-term view on associates and their careers. Our associates do phenomenal work with purpose, and as a result, we provide growth opportunities through in-person and online training, management development programs, and career development on the job.
If you are seeking a meaningful work experience along with a workplace culture that thrives on teamwork, we invite you to explore the opportunity to join us.
2021 Co-Op: Procurement
A career at T. Rowe Price says you want to contribute and make a difference at a leading global investment management firm where success results from the dedication our associates have in building success for our clients. We are a growing organization of associates from diverse backgrounds, experiences, and perspectives.
We take a long-term view on associates and their careers. Our associates do phenomenal work with purpose, and as a result, we provide growth opportunities through in-person and online training, management development programs, and career development on the job.
If you are seeking a meaningful work experience along with a workplace culture that thrives on teamwork, we invite you to explore the opportunity to join us.
Position Summary:
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 Procurement Co-Op 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 organization 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 duration of the Co-Op is approximately six months.
This Co-Op offers exposure to:
* Contract Analysis
* Business Analytics
* Business Process Improvement
* Supply Chain / Logistics
The Procurement Co-Op will develop negotiation skills through exposure to various types of contract types, including professional services, contingent resources, and event contracts. The Co-Op will support decisions that support compliance requirements, comply with corporate policies, follow guidelines, provide consistency, protect the firm, leverage vendor relations, and manage risk. The Co-Op will assist in historical contract review, analyzing, modeling and in conjunction with others in Procurement and Legal, work to improve the efficacy of various commercial contract terms and conditions.
Responsibilities include contract review and negotiations, process control and contract execution, and process improvement and education.
OUR PROGRAM OFFERS:
* Challenging and impactful work assignments
* Opportunities for mentorship and development
* Feedback on your performance throughout your co-op
* Opportunities to learn and network as a part of a high performing team
* Formal training programs, community service opportunities and social events in coordination with the firms summer internship program
To be considered for this co-op, all students must meet the following criteria:
* Status: Full-time student entering their junior or senior year of college
* Minimum GPA: 3.20 OVERALL
* Major: Business Administration, Business Management, Economics, Information Systems, Engineering; Liberal Arts Majors with a demonstrated interest in business will also be considered
* Solid technical skills (specifically Excel), detail-oriented, analytical skills
* Strong communication skills (written and verbal), relationship building and consultative skills
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.
T. Rowe Price is committed to providing our associates with a comprehensive total rewards benefit program, including wellness, retirement and quality-of-life benefits. Please view What We Offer to see what's available to you.
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.
Baltimore, MD
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global investment management organization with $1.19 trillion in assets under management as of May 31, 2020. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.