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, y ou can expect opportunities to create real impact at work and in your community. Y ou’ll enjoy resources to support your career path, a s well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity. Join us for the opportunity to g row and make a difference in ways that matter to you. POSITION PURPOSE Th e Associate Analyst plays a pivotal role in supporting the Portfolio Manager and Associate Portfolio Manager in managing the Global Value Strategy, with a focus on maintaining a deep understanding of the underlying businesses in the portfolio. The role is responsible for providing comprehensive investment research across a diversified global portfolio, targeting mispriced quality, cyclicals, deep value stocks, and special situations. As the analytical backbone of the strategy, the Associate Ana lyst conducts valuation work and maintains up-to-date monitoring systems to assess the reward-to-risk profile of both current holdings and potential investments. By translati ng fundamental and quantitative analysis into distinctive, high-conviction investment views, this position directly influences position sizing and portfolio construction decisions. The role also engages with public company management teams and industry participants to refine investment theses and validate assumptions. Leveraging AI tools and thoughtful prompt design, the individual accelerates data gathering, pattern recognition, and idea generation while maintaining fundamental analytical rigor. Operating within an apprenticeship model alongside senior investors, this position offers the opportunity to develop the skills and mindset for long-term success as a global value investor. Principal Responsibilities Adopt, execute, and continuously refine the Global Value Strategy playbook, including deep historical analysis, valuation discipline, and forward-looking scenario work. Take full ownership of Global Value M onitor updates, ensuring they are t im ely, acc urate, and insightful on valuation, fundamentals, and risk/reward across the universe. Design and iterate AI-enabled research workflows (prompt libraries, retrieval systems, automation) to give the team more time for judgment and synthesis. Help build an automated version of the Global Value Monitor pulling in data from Visible Alpha, Bloomberg and other relevant sources, to ensure that valuations are up to date and accurate. Lead targeted company and industry deep dives, as well as thematic projects directly tied to portfolio needs and opportunity sets. Where required and mostly on uncovered stocks, build and maintain robust three-statement and scenario models; pull in market, macro, and alternative data where it genuinely improves conviction. Partner closely with the Portfolio Manager, Associate Portfolio Manager and research platform to sharpen theses, update views, and turn research into actual portfolio actions. Meet with CEOs, CFOs, and other key stakeholders to test the team’s views, identify misperceptions, and surface new ideas. Track ex-ante assumptions versus ex-post outcomes and actively participate in performance and attribution reviews to keep the feedback loop tight. Run primary diligence (filings, transcripts, channel work, site visits) to deeply understand business models, balance sheets, and management quality. Build toward making independent investment recommendations over time and accept real outcome accountability as coverage and trust expand. PERSONAL ATTRI BUTES / SKILLS / QUALIFICATIONS Academic excellenc e with strong quantitative skills. Progress towards CFA qualification is an advantage. Minimum of 2 -year experience from investment management, investment banking or private equity. A background in M&A strongly preferred. A growth mindset with commitment to ongoing learning of AI-augmented platforms. Analytical experience in a sector (sector agnostic but experience of rigorous deep fundamental analysis experience ). Strong and demonstrable financial analysis including accounting & financial modelling skills. Proven experience building 3 statements financial models from scratch. Strong interest and knowledge of financial markets, especially Equities. Proven and demonstratable interest in investing. Strong communication, both oral and in writing, and good interpersonal skills. Experience with market data services (ex. Factset, Bloomberg etc.) 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. 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, colour, 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.