SMID-Cap Associate Analyst – Business Services/Industrials

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. 

Role Summary

• Role provides fundamental equity research support for our business services and industrials teams
• 3-5 year structured program offering extensive training and mentoring, designed to develop future analysts 
• Exceptional performers have potential to be promoted to Equity Research Analyst 
• Diverse responsibilities including company/industry related research projects, collaboration with portfolio managers, and extensive financial analysis 
• Opportunity to interact with public company CEOs and CFOs both in our offices and on the road 
• Daily opportunity to learn directly from our senior investment professionals 
• Expectation to provide investment insight and impact the investment process, not just number crunching 
• Competitive compensation with significant upside potential for high performers 

Qualifications

Required:

• Bachelor’s Degree required AND
• 1-2 years relevant work experience (equity research or banking experience preferred)
• Strong Excel and financial modelling skills including previous experience building three-statement models

Preferred:

• Business Services or Industrials-specific experience a plus
• Strong academic background and intellectual curiosity 
• Highly motivated, confident self-starter with ability to work independently and with others 
• Effective communication skills (verbal and written) 
• Demonstrated ability to conduct in-depth thematic research across a broad spectrum of topics which can be additive to the investment process 
• Completion of at least level 1 of the CFA preferred
• Demonstrated ability to derive meaningful insights from in-depth research and analysis 

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

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). 

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$110,000.00-$140,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$110,000.00-$140,000.00 for the location of: Washington, D.C.
$110,000.00-$140,000.00 for the location of: New York, California

Placement within the range provided above is based on the individual’s relevant experience and skills for the role.  Base salary is only one component of our total compensation package.  Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.