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.
About the Role
This position offers the opportunity to join a high-performing and collaborative trading team where individuals are expected to contribute immediately, operate beyond the confines of their defined responsibilities, and help elevate the performance of the broader desk. Successful candidates will gain meaningful exposure to institutional equity trading while partnering closely with experienced traders, portfolio managers, and analysts in an environment that values initiative, intellectual curiosity, teamwork, and continuous improvement. The role also provides the opportunity to contribute to the continued evolution of a leading multi-asset trading platform.
Role Summary
The Junior Equity Trader will serve as a key member of the TRPIM Equity Trading team, providing support across all areas of the trading desk while progressively assuming responsibility for trade execution across a broad range of products and global markets. This position is intended for an early-career trading professional with relevant experience, a strong intellectual curiosity, a high degree of self-motivation, and a demonstrated interest in financial markets.
The successful candidate will be expected to contribute immediately and develop into a trusted trading partner through consistent execution, sound judgment, effective communication, and a collaborative, team-oriented approach. The role encompasses responsibilities across domestic and international equities, exchange-traded funds, program trading, derivative-related trading activity, market intelligence gathering, broker relationship management, and participation in continuous improvement efforts across the trading desk.
This individual should be well suited to a fast-paced, team-based environment and demonstrate a proactive approach to identifying opportunities to improve trading outcomes for portfolio managers. The role also requires adaptability and an appreciation for the evolving nature of equity trading, with a strong commitment to knowledge sharing, market insight, and operational excellence.
Responsibilities
- Provide flexible support across all areas of the equity trading desk as business needs and priorities evolve.
- Exercise sound judgment and professional confidence in the independent execution of assigned trading responsibilities.
- Identify and recommend process improvements, automation opportunities, and workflow enhancements to improve execution quality, operating efficiency, and overall desk effectiveness.
- Serve as a dependable resource to traders, portfolio managers, analysts, and operations teams through clear communication, responsiveness, and a strong sense of urgency.
- Maintain continuous awareness of market-moving developments, liquidity conditions, and relevant cross-asset activity that may affect portfolio positioning and trading outcomes.
- Contribute to new product launches, trading technology enhancements, and strategic initiatives designed to strengthen trading capabilities across the desk.
- Assume sector coverage responsibilities, including communicating relevant developments in daily morning meetings, engaging with analysts regarding market activity and developments, and serving as a sector point of contact for external stakeholders.
- Develop an understanding of ETF trading mechanics and support the execution of creation/redemption baskets, CIB trading, and related activities.
- Build, maintain, and manage relationships with a broad range of broker-dealers.
- Adhere to established internal processes, policies, and controls designed to mitigate financial and operational risk.
- Support a collaborative team environment through the proactive sharing of market intelligence, execution insights, and trading best practices.
Qualifications
Required:
- Bachelor’s degree.
- 2–3 years of equity trading-related experience.
- Demonstrated interest in financial markets and investing.
- Ability to make sound decisions in a fast-paced, time-sensitive environment.
- Excellent verbal and written communication skills.
- Proven ability to manage competing priorities while maintaining a high level of accuracy and attention to detail.
- Intellectual curiosity and a strong desire to continuously expand trading knowledge and market expertise.
- Demonstrated initiative and accountability, with a willingness to take ownership of challenges through to resolution.
- Strong team orientation and willingness to support colleagues across all areas of the trading desk.
- Strong work ethic and the ability to build credibility and trust quickly.
- Ability to synthesize large volumes of information into clear, concise, and actionable insights.
Preferred:
- Bachelor’s degree in Finance, Accounting, or a related field.
- MBA, MA, or CFA designation, or progress toward one of these credentials.
- Experience with data analysis, scripting, or automation tools such as Python, SQL, VBA, or similar technologies to enhance trading workflows.
- Multi-asset trading experience.
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.
Base Salary Ranges
Please review the job posting for the location of this specific opportunity.
$100,000.00-$140,000.00 for the location of: Maryland, Colorado, Washington and remote workers$100,000.00-$140,000.00 for the location of: Washington, D.C.
$100,000.00-$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.
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