What do you get as a T. Rowe Price London Apprentice? The T. Rowe Price Apprenticeship Scheme is designed to provide you with work experience in the financial services industry. Our scheme will give you an opportunity to learn about investment management and how T. Rowe Price helps our global client base to achieve their investment goals. Your placement will consist of working with a specific team within our London office, Client Operations team. You will have a strong support network, dedicated to helping you reach your full potential and at the end of the apprenticeship you will have an accredited qualification and over a year of (paid) work experience.
Benefits of the scheme include:
Experience: Over the course of the apprenticeship, you will gain over 13 months of valuable experience by being immersed in the day-to-day workings of our firm.
Opportunity: A large number of our apprentices have been offered permanent positions at the end of their placement. We cannot guarantee a permanent role at the end of the 13+ months, however we strongly encourage apprentices to apply for open positions, and many have been successful applicants.
Exposure and Networking: You will gain broad exposure to leaders and employees at all levels across the company, to deepen your understanding of our unique culture and approach to investment management. The Apprenticeship Scheme is part of the Investment 20/20 programme, which will also offer you exciting opportunities to network with other apprentices, trainees and industry professionals from 60 firms across the sector.
What we are looking for: We are currently looking for school leavers or graduates, as well as candidates without a degree. We also welcome candidates who are looking for a well-supported way to return to work after an absence. We hire for future potential — and we especially like team players, curious collaborators and can-do people.
The apprentice will spend time in the following teams:
Client Account Management and Global Client & Investment Reporting
Client Account Management:
The Client Account Management team works with the client to onboard them to T. Rowe Price products, carries out general client account maintenance and provides ongoing client service. The apprentice will assist with client onboardings, reconciling client accounts to internal systems/ records and work on various projects as assigned amongst other responsibilities.
Global Client and Investment Reporting (GCIR):
The GCIR team provide our clients with many of their account reporting requirements. The apprentice will assist with sourcing client statements, performing quality control checks on Factsheets and other Fund related documents. Sourcing and distributing monthly and quarterly holding reports amongst other responsibilities.
Standard/Qualification: Level 3 Investment Operations Technician Apprenticeship
Minimum Duration of Apprenticeship: 13+ months
Role and Responsibilities Overview:
The apprentice will assist the team(s) with daily activities including data validation checks, sourcing and distributing documents and statements to clients directly, along with working on team projects assigned.
Additionally, the apprentice will offer support to the team when dealing with client onboarding, general queries received from internal teams or clients and assisting with the preparation of client reporting- both custom templates and standard formats.
The apprentice will gain experience and an understanding of the following areas:
Global Client & Investment Reporting, Client Operations, Client Servicing and Global Distribution
The tasks the apprentice will carry out as part of a team include:
- Sourcing and distributing statements and reports
- Quality control of documents including regulatory reports
- Completion of custom reporting templates
- Assisting the broader team with new client onboarding and operational/ legal change management for existing clients
- Preparing regular fund static data updates
- Mailbox management and assisting with general client queries
- Distributing standard portfolio and regulatory holdings
The T. Rowe Price Apprenticeship Scheme, a London-based initiative, forms part of our Corporate Responsibility strategy. We aim to focus on local unemployment by working in collaboration with our charity partner, the East London Business Alliance (ELBA) and Investment 20/20 to source candidates. The scheme this year offers a role based in our London office, near Bank Tube Station. based in our London office, near Bank Tube Station. Candidates will be supported in a number of ways, including our commitment to offer the London Living Wage (LLW) for all positions, supported learning throughout the scheme and a host of benefits attached to the opportunity.
We are a global asset management firm — our purpose is to help people save and invest their money. We are based in America and have offices in 16 locations around the world, including Central London. We employ over 7,100 people worldwide and are committed to attracting, developing and retaining talented and diverse employees.
Money matters are quite personal. Money can be used to make great changes in our lives, and in society overall. Alternatively, money troubles can cause great turmoil. We seek to provide greater access to investments and investing practices which help people navigate money issues and make more informed decisions.
We think it’s important to leave a positive mark on the world, and we’re looking for people who feel the same. We are a commission-free company where values such as teamwork, collaboration and trust are rewarded.
As of 30 September 2021, T. Rowe Price has more than USD $1.61 trillion in assets under management and serves clients in more than 50 countries worldwide.
For more information about the Firm, please visit http://www.troweprice.com or www.troweprice.com/institutional
We are currently looking for candidates who are interested in embarking on a fantastic career with T. Rowe Price.
We are interested in hearing from candidates from a variety of backgrounds. Outlined below are some of the typical attributes that we look for in our apprentices:
- Good verbal and written communication skills
- Self-motivated with a strong work ethic
- Good organisational skills and attention to detail
- Presentable and professional at all times
- Enthusiastic and willing to contribute ideas
- Keenness to learn and adapt in a constantly changing environment
- Commitment to undertake further study for any relevant industry qualifications
- Good level of competence on Microsoft Excel
To be eligible to apply for this position candidates must meet the following criteria:
- Aged 18 years or over
- Possess 5 GCSE’s A-C or equivalent (including Math and English)
- Willing to travel to Bank Station in central London
Willing to commit to a 13 month+ apprenticeship
The employer will offer the following additional benefits to the successful candidates:
- Fully funded accredited learning
- Up to £300 clothing allowance
- Travel allowance to cover the cost of travel for the first month
- An assigned mentor throughout the duration of your apprenticeship