Senior AI Software Engineer — T. Rowe Price Labs

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 Positions are available in our New York City office or with our AI Engineering squad in Harbor Point, Baltimore, MD. In either location, you will join a collaborative team of engineers, product owners, and business partners building high-impact AI products with leverage across the firm. As a Senior Software Engineer on T. Rowe Price Labs' AI Engineering team, you will independently design, build, and scale production-grade AI agents and intelligent systems that solve complex business problems. You will lead technical workstreams, incubate new AI products, experiment with emerging technologies and innovative ideas, and partner with business-aligned technology teams to enable broader adoption at scale. This is a hands-on role for an experienced engineer with strong software fundamentals, practical AI engineering experience, and a product mindset. You will take ownership of complex and ambiguous problems, mentor other engineers, and contribute to the patterns and practices that shape AI engineering at T. Rowe Price. Responsibilities

• Own the end-to-end design and delivery of production-grade AI agents and intelligent systems, including architecture, implementation, testing, evaluation, deployment, observability, and production support.
• Design agentic workflows using orchestration, tool integration, retrieval-based systems, structured outputs, context management, and appropriate human-in-the-loop patterns.
• Partner with product owners and business stakeholders to take control of complex or ambiguous problems, evaluate alternative approaches, and translate needs into scalable AI solutions.
• Lead technical workstreams from rapid experimentation and validation through production adoption.
• Establish evaluation and testing approaches for non-deterministic AI systems, including quality metrics, regression testing, failure analysis, and production monitoring.
• Make informed engineering trade-offs across models, prompts, context, tools, latency, cost, reliability, security, and maintainability.
• Contribute to reusable AI capabilities and shared engineering patterns that improve speed, quality, and consistency across teams.
• Lead code and design reviews, mentor less-experienced engineers, and help others solve complex technical problems.
• Own technical debt and continuously improve the quality, reliability, and maintainability of the systems you build.
• Rapidly evaluate emerging AI technologies and determine when and how they can be applied to deliver meaningful business value.
• Support the Build-Operate-Transfer model by preparing successful AI solutions for long-term ownership and scale by business-aligned technology teams.

Business Knowledge

• Work directly with business stakeholders and product owners to understand priorities, shape solution direction, and deliver measurable outcomes.
• Translate complex business needs into effective technology solutions and clearly communicate technical trade-offs.
• Balance innovation, business value, scalability, risk, fiscal responsibility, and long-term maintainability when making technical decisions.

Qualifications Required:

• BS or MS in Computer Science or a related technical field, or equivalent practical experience, with 5+ years of professional software engineering experience.
• Strong hands-on development experience in object-oriented languages such as Python, Java, or JavaScript/TypeScript.
• Hands-on experience building AI-enabled applications, intelligent workflows, or agentic systems using modern LLMs and AI development frameworks.
• Practical experience with modern AI engineering patterns such as agent orchestration, tool/function calling, retrieval-based systems, prompt and context engineering, structured outputs, evaluation, observability, or guardrails.
• Experience taking AI-enabled systems beyond prototypes toward production, including testing, monitoring, reliability, security, and operational considerations.
• Strong experience with cloud-native architectures, containerized microservices, APIs, and modern software delivery practices.
• Strong analytical, problem-solving, software design, and debugging skills.
• Demonstrated commitment to engineering quality through automated testing, code reviews, observability, and continuous delivery.
• Ability to independently own complex technical problems and clearly communicate designs, decisions, and trade-offs.
• A product mindset, strong learning agility, and passion for staying current with the rapidly evolving AI engineering landscape.

Preferred:

• Experience mentoring engineers or leading technical workstreams.
• Understanding of financial markets, asset management, or financial instruments.

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 three days per week from home. WHAT TO EXPECT AFTER APPLYING 1. You will receive an email and text message to answer a few questions to verify your eligibility. If you apply for multiple jobs, you will receive separate invitations for each role and will need to respond to each. Estimated Time Commitment: 3-5 minutes 2. If you are eligible, you will be asked to record video responses to introductory questions with our vendor partner, HireVue. Take time to read all instructions carefully before responding. Some questions may require you to respond within a set time limit, or with limited retakes. You can use this opportunity to tell us more about your background and interest than we can learn from a resume alone. Estimated Time Commitment: 20-30 minutes Base Salary Ranges Please review the job posting for the location of this specific opportunity. $121,000.00 - $206,000.00 for the location of: Maryland, Colorado, Washington and remote workers $133,000.00 - $227,000.00 for the location of: Washington, D.C. $151,000.00 - $258,000.00 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

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.