Early Careers Finance/Economics/Accounting - Associate Level

Skills this role screens for

About the role

Open Positions for Finance Graduates

The global financial services industry is undergoing rapid change. Now more than ever the industry is looking for the talent and vision of the next generation of business leaders. State Street sits at the very center of the global financial system. Our role is to provide the financial infrastructure and services that make it possible for the world’s largest investors to make the most efficient use of the world’s capital.

Seeking exceptional Graduates! Are you looking to start your career with an internationally recognized brand? Do you have the drive and ambition to achieve the very best? Then our Graduate Opportunity jobs are just what you are looking for.

Our graduate jobs are designed to develop graduates both technically and professionally towards becoming our future leaders and Finance experts. You’ll learn from some of the most respected highly-qualified people in the industry and be supported by individual mentors and development programs.

We recruit graduates on a year-round basis into the following areas:

• Alternatives NAV
• ALPHA  Portfolio Services
• Global Billing Operations
• Financial Reporting
• Income Processing
• Reconciliation

Also

Alternatives NAV

• Learn the end‑to‑end Alternatives NAV production process through hands‑on participation in BAU activities
• Perform basic accounting and operational tasks following documented procedures
• Prepare and post journal entries under guidance
• Perform reconciliations and identify differences for escalation
• Learn and gain exposure to multiple accounting and servicing systems used in Alternatives NAV
• Learn different alternative investment products, including private equity, private credit, and real estate
• Learn different capital structures, including LP/GP models, commitments, capital calls, distributions, and lifecycle events
• Learn different operational and accounting processes across funds, structures, and client requirements
• Maintain accurate documentation and support BAU deliverables
• Adhere to established controls, timelines, and quality standards

Also

ALPHA ​ Portfolio Services

• Alpha Portfolio Services is expanding to support clients on our Front-to-Back Investment Platform - Alpha. We offer a wide range of opportunities for motivated individuals across Front Office Support, Front Office Data Control, Portfolio Health, Cash Services, Account Services, and Service Delivery Management. These growing functions provide strong pathways for career development and progression.
• We are building a highly skilled team of Alpha professionals responsible for supporting day-to-day client operations and driving successful implementations for new clients.

Also

Global Billing Operations

• State Street has established a Global Billing Function under Controllership, which is responsible for client billing set up and invoicing across all business lines and geographies globally at State Street.
• Organizationally, it combines all groups performing these activities globally, and also includes centers residing in State Street Shared Service locations in Poland, India and China.
• Billing Organization owns aspects of business-as-usual activities within billing areas and also drives process improvements and automation.

Also

Financial Reporting

• The team you will be joining is a part of State Street Global Delivery (SSGD). SSGD gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGD’ tools help our clients make better investment choices and act on growth opportunities.
• The purpose of the job is to provide end-to-end support to investment company clients for timely completion of preparation of financial statements, portfolio schedules and associated mandatory reporting’s within stringent deadlines for audit / review and successful submission to the regulators.

Also

Income Processing

• This team will support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COE’s) by monitoring and processing custody, accounting, middle office related events to the fund’s records accurately and timely. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the corporation and deliver excellent service to clients and people management.
• They Deal with end to end processing of events across custody, accounting, middle office and claims services for our clients.
• This involves processing of many financial activities which will help other team to derive at NAV to the client, As part of Income COE you will be required to contribute towards development of Process, people and Improve Risk standards for the team.

Also

Reconciliation

• This team collaborate with State Street teams worldwide to lead the Reconciliation group supporting State Street reconciliation of ABOR / IBOR to Custody .
• Delivering all daily activities of the Reconciliation management team within a dynamic and challenging environment. The role requires initiating and fostering effective communication and professional relationships with business operations and IT teams to uphold the high standards of service provided to our clients.

Also

What we value

These skills will help you succeed in this role:

These fantastic jobs are ideal for motivated graduates looking to start careers within financial services. The real focus will be on personal and professional development with structured career progression. If you are a graduate or already have some professional experience and would like to start a career in financial services you are welcome.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

• You are a well-rounded student with a combination of academic aptitude, analytical capabilities, and excellent communication skills
• Majoring in Finance, Accounting, or Economics preferred. Any other major is also valid.
• Desire to develop Your career in finance industry
• Involvement with student organizations would be an added advantage
• Good written and spoken English
• Basic experience with MS Office
• Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
• Ensure that the highest level of the Code of Conduct is displayed in your behavior
• Provide appropriate management information as required to support business unit decision making
• Support the ‘Risk Excellence’ culture within the business
• Adhere to  limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations