AI-Driven Small-Cap Growth Equity Associate

T. Rowe Price; Baltimore (MD); Hybrid; USD 110,000 - 140,000; Full time

Benefits offered by this job

Competitive compensation

Annual bonus eligibility

Generous retirement plan

Hybrid work schedule

Health and wellness benefits

Paid time off

Family care resources

Job summary

T. Rowe Price is seeking an Associate Analyst to support the Small-Cap Growth Equity Strategy, including the New Horizons Fund. The role spans public and private markets and involves idea generation, analysis, due diligence, and building AI-enabled tools to scale investment processes.

The program lasts 3–5 years with training and mentoring, offering strong compensation and opportunities for advancement to Investment Analyst. Hybrid work and a collaborative culture are part of the package.

Qualifications

• Bachelor’s degree with a strong academic record.
• 0-3 years of relevant work experience.
• Strong Excel and financial modeling skills.
• A deep and demonstrable passion for the equity investing
• Comfort with the non-linear nature of growth investing and work ethic to uncover new ideas before the market does
• A strong interest in and aptitude for using AI tools, along with a creative, design-oriented approach to building technology that improves an investment process.

Responsibilities

• Generate new investment ideas across the strategy’s investment universe and complete industrials analyses on emerging trends.
• Build industry and market-share models to understand industry structure, addressable market size, and unit economics.
• Help design and build AI-enabled tools and workflows that streamline and scale the team’s investment process.
• Own the team’s alternative data effort, including designing and running surveys, organizing channel checks/expert networks, procuring new data sources, and maintaining regular summaries and prioritizing data signals.
• Support ongoing monitoring of portfolio holdings, including evaluating earnings and company updates against the team’s framework.
• Collaborate with analysts, sector heads, and sector portfolio managers to stay current on positioning and emerging investment trends.
• Partner with the team on private investments, including sourcing deals, due diligence and underwriting, and maintaining portfolio company relationships.
• Participate in team-wide responsibilities, including investment committee meetings, monthly stock pitches, and travel for conferences.
• Provide investment insight and impact the investment process beyond just number crunching.

Skills

Strong Excel

Financial modeling

Equity investing passion

AI tools interest

Creative design-oriented approach

Education

Bachelor’s degree

Tools

LLMs familiarity

AI coding tools (Claude Code/Codex)

Computer science/data science background

Job description

T. Rowe Price is seeking an Associate Analyst to support the Small-Cap Growth Equity Strategy, including the New Horizons Fund. The role spans public and private markets and involves idea generation, analysis, due diligence, and building AI-enabled tools to scale investment processes.

The program lasts 3–5 years with training and mentoring, offering strong compensation and opportunities for advancement to Investment Analyst. Hybrid work and a collaborative culture are part of the package.