2027 Digital Assets Strategy Internship Program

T. Rowe Price; Baltimore, Northern (MD, KY); Hybrid; USD 65,000 - 86,000; Full time

Benefits offered by this job

Hybrid schedule

Annual bonus eligibility

Retirement plan

Health and wellness benefits

Paid time off

Job summary

T. Rowe Price in Baltimore offers an internship within the Digital Assets Strategy team, featuring formal orientation, mentorship, and broad exposure to associates and senior leaders through events and groups.

The internship aims to develop institutional investment skills in digital assets, with hands-on projects evaluating investment frameworks and blockchain protocols, while building a foundation for a career in asset management.

Qualifications

• Full time student pursuing a bachelor’s or master’s degree with an expected graduation date between December 2027 – May/June 2029 GPA of 3.5 or higher.
• Preferred majors in Business, Finance, Economics, Computer Science, Applied Math or related fields with some quantitative training.
• Strong foundational understanding of blockchain technology and protocols (this can be a result of academic coursework or being self-taught)
• Modeling experience in Excel and/or Python
• Demonstrated critical thinking skills
• Strong quantitative analysis skills
• Strong interest in digital asset markets and digital assets investing
• Ability to independently conduct research into crypto projects, protocols, market developments
• Strong academic background and intellectual curiosity
• Highly motivated, self-starter with ability to work independently and with others
• Effective communication skills (verbal and written)

Responsibilities

• Complete a two-part project: (1) catalogue and evaluate the leading investment frameworks for digital asset investing, and (2) analyze and assess the investment attractiveness of a leading blockchain mainnet or protocol.
• This requires preparing an overview of the relevant blockchain sector and developing the broader investment case for the corresponding sub-sector within the ecosystem.
• May also involve smaller blockchain/digital assets research related projects including quantitative analysis and sector research to give broad exposure over the internship.

Skills

Blockchain basics

Excel

Python

Research

Communication

Independence

Education

Bachelor's or Master's student

Tools

Excel modeling

Job description

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

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. Digital Assets Strategy (DAS) is responsible for developing and leading the implementation and execution of the firm’s digital assets strategy. DAS takes an asset-class view of the digital assets space and looks at the investment and operational implementations of the universe of cryptographic tokens, coins, protocols, and derivatives supported on blockchain technologies. The goal of the internship is to develop the intern’s institutional investment skillset in the digital assets space, and for the intern to make a meaningful contribution to the development of T. Rowe Price’s evolving digital asset strategy.

Responsibilities

• Complete a two-part project: (1) catalogue and evaluate the leading investment frameworks for digital asset investing, and (2) analyze and assess the investment attractiveness of a leading blockchain mainnet or protocol.
• This requires preparing an overview of the relevant blockchain sector (Layer 1s, Layer 2s, Oracles, etc.) as well as developing the broader investment case for the corresponding sub-sector within the ecosystem, and performing comparative analysis on competing mainnets or protocols.
• May also involve smaller blockchain / digital assets research related projects including quantitative analysis and related sector research to give broad exposure over the internship.

Qualifications

• Required: Full time student pursuing a bachelor’s or master’s degree with an expected graduation date between December 2027 – May/June 2029 GPA of 3.5 or higher
• Preferred: Preferred major in Business, Finance, Economics, Computer Science, Applied Math or related fields with some quantitative training.
• Strong foundational understanding of blockchain technology and protocols (this can be a result of academic coursework or being self-taught)
• Modeling experience in Excel and/or Python
• Demonstrated critical thinking skills
• Strong quantitative analysis skills
• Strong interest in digital asset markets and digital assets investing
• Ability to independently conduct research into crypto projects, protocols, market developments
• Strong academic background and intellectual curiosity
• Highly motivated, self-starter with ability to work independently and with others
• Effective communication skills (verbal and written)

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

Base Salary Ranges Please review the job posting for the location of this specific opportunity. $75,000 for the location of: Maryland, Colorado, Washington and remote workers $75,000 for the location of: Washington, D.C. $75,000 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.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

Benefits

We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you. Featured employee benefits to enrich your life:

• 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
• Learn more about our benefits.

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.

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.