Are you looking for a graduate role that is technically challenging? Do you want a future that allows you to develop commercial acumen alongside your technical skills? Are you keen to have the opportunity to progress in a breadth of roles – technical or business?
We are looking for graduates who can answer “yes” to the above for our 2023 State Street Global Delivery Rotation Programme. If you are successful, you will join a team which plays a pivotal role in the success of the State Street and its Clients.
Why this role is important to us?
The team you will be joining is a part of State Street Global Services (SSGS). SSGS 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, SSGS’ tools help our clients make better investment choices and act on growth opportunities.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
Role Specifics
The key thing to know is that your role will be broad and diverse, giving you the chance to experience first-hand several different roles within the Global Delivery Business area.
The Rotation Programme is all about giving you the fundamental experience and skill set to excel in the world of fund services and investment management. Your first 2 years with State Street will see you rotate through 3 different business functions, developing your professional network and expanding on your quantitative and qualitative skills.
You’ll gain professional accreditation through completion of IMC or IOC qualifications and by the time you reach the end of the programme, we hope that you will have built a clearer picture of where your interests and experience can take you within both State Street and the industry more generally.
As part of the Global Delivery capabilities supporting State Street’s business, you could be developing expertise within:
- Derivative Operations – Collateral Management, Derivative Trade Support, Private Credit Support.
- Trade & Asset Services – Trade Processing & Settlement, Income & Claims, Corporate Actions, Cash Management Funding, Reconciliations.
- Business Change – Client Onboarding, Counterparty Onboarding.
- Valuations – Produced across multiple Fund Ranges.
- Data Services – Asset Pricing, Derivative Pricing and Reference Data.
Don’t worry if some of this sounds new to you – this is what you’ll be here to learn!
Within these business areas, we’ll look to you to provide support in several areas, which could include: Administration, Processing, Research & Analysis and helping with Client Queries. Some of the day to day activities could include:
- Supporting global post trade and asset lifecycle activities.
- Supporting global fund services & reporting activities.
- Checking and reviewing fund valuations.
- Supporting the change function in designing processes for new products, clients, or transactions.
- Performing pricing validation and investigation of fund assets.
- Producing material for management updates.
Education & Preferred Qualifications
- 2.1 Degree in any subject.
- 1-2 Years’ experience in any finance related field.
- Analytical mind-set, with attention to detail and ability to work to tight timelines.
- Great communication skills.
- Flexible and a team-player.
- High levels of energy, dynamism and commitment.
- Highly organised with the ability to prioritise effectively.
What we value
- Strong Excel skills.
- An understanding of investment markets and their drivers.
- First and foremost, we are looking for people with an inquisitive mind and a desire to learn. We’re not expecting prior industry experience, but we’ll want to see that you have the tools to develop quickly.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients.
We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative act.