Procurement Co-Op

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. Spring/Summer 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. 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 firm’s 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 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. 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. 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. T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on–now, and over the long term. Not ready to apply? Join our Talent Community!