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Intern

Intern

State Street CorporationMumbai, India
4 hours ago
Job description

Who we are looking for

Our 6-month Internship Program is designed to develop graduates both technically and professionally towards becoming our future leaders. You'll learn from some of the most respected highly qualified people in the industry and be supported by individual mentors and development programs.. From day one you will be exploring collaborative and dynamic environment company culture, and you will receive :

  • A structured learning and development program, specific job-related trainings, professional

development and soft skills trainings.

  • A buddy who can offer you their experience, knowledge and guidance throughout your internship.
  • Dedicated networking events for the Interns.
  • Leadership and business-related sessions with Senior Management.
  • Possibility to grow your professional network by joining an Employee Committees include Professional PWN, Families Network, Disability & Inclusion Network, Pride & Friends Network, Environmental Sustainability Network.
  • Internship Program dates : January 2026 - June 2026

    You must be available to participate in the program in person, starting from day one and for its full duration and you are required to work from the office 5 days a week.

    Why this role is important to us

    Our Global Delivery Function helps our clients achieve better investment outcomes by serving as the foundation of our organization. We perform all operational functions required to produce the back and middle office products and services that clients have contracted with State Street to provide. Our services include custody, accounting, fund administration, transfer agency, middle office and cash processing services for asset managers, asset owners, alternative investors and insurance companies across the full range of asset classes.

    What you will be responsible for :

    As an Intern you will be part of any one of the below department State Street is catering :

    Fund Accountant

    The Fund Accountant is responsible for calculating the net asset values of funds by processing daily accounting related functions to ensure funds prices are accurate and delivered to the client in a timely fashion. The Fund Accountant is the central point of contact for all accounting support functions and analyzes the information received thereby ensuring any discrepancy is monitored and resolved professionally.

    Financial Reporting Specialist

    The Financial Reporting Accountant is responsible for preparing financial statements for annual and interim cycle. They also prepare and complete first draft of audited annual and un-audited interim financial statements from trial balance including Profit and Loss Account Balance Sheet Cash Flow Schedule of Investments notes to financial statements.

    Derivatives Specialist

    The team deals with the complex futures and options processing for the entire European exchange traded derivatives, Centre of Excellence book of business and supplementary business offshored from other State Street sites. The Derivatives Group is the central point of contact for the clearing banks and client service teams on all sites. Other services include some cash instructions and the improvement of processes for recording derivative instruments accurately and efficiently.

    Financial Accountant

    Financial Accountant performs the accounting processes that may include [but is not limited to] : accounting documents processing, journal processing, payments preparation, account reconciliation preparation and verification of the reports performing other projects as assigned etc.

    Treasury Accountant

    Treasury Accountant performs the treasury processes that may include [but is not limited to] : treasury transactions processing (money market stock market), prepare / approve payments, collateral management / margins, monitor minimum required reserve in national central bank, reconciliation bank accounts (cash positions balance sheet) reports, performing other projects as assigned etc.

    Transfer Agency Administrator

    Transfer Agency Administrator is responsible for trade processing, investor account maintenance, issue reporting and resolution. You will be responsible for processing investor transaction : review documentation to ensure anti-money laundering documentation has been received and enter subscription on ISS and save documentation on to DMS.

    Middle Office Administrator

    Middle Office Administrator is responsible for processing trade file submitted by the Fund daily on trade-date, trade-date confirmation (electronic telephonic or hard copy) based upon the trade file transmitted by the Fund and trade details provided by the Fund's approved counter parties and monitor trade fails with prime brokers counter parties and the Fund including review of prime broker / custodian fail or mismatch of reports.

    Pricing Administrator

    Pricing Administrator's role is to assist in the accurate and efficient pricing of a range of securities held by investment funds. The principal tasks of this role is to price exchange traded securities and validation to sources such as Bloomberg Reuters and FTID.

    Risk Analyst

    The Enterprise Risk Management (ERM) division within State Street Corporation establishes and maintains appropriate risk management policies guidelines and limits and assists executive and business-level management with minimizing operational credit legal regulatory reputation and other risks to the company.

    Compliance Analyst

    Investment Compliance Analyst will be responsible for monitoring compliance results on client portfolios related to Regulatory and Investment Manager (IM) mandates. Utilizing State Street's Investment Compliance & Reporting platform the qualified candidate will complete the research analysis and reporting to ensure portfolios are in compliance with their investment restrictions.

    Data Management Analyst

    The Data Analyst(s) will be responsible to work comprehensively with both IT and the Investment Compliance / Market, Conformity Business Units to procure data necessary for daily compliance and conformity checks. Furthermore the Data Analyst will be responsible for the update and maintenance of market data, static data and holdings data that is not otherwise fed to the core application MIG 21 via automated data feeds.

    Anti-Money Laundering Specialist

    Anti-Money Laundering Specialist will be involved in reviewing investor Anti Money Laundering documentation in line with the AML policies and liaising with the Transfer Agency team's in order to request and obtain the required data from the investors and / or clients.

    What we value

    These skills will help you succeed in this role :

  • Combination of academic aptitude, analytical capabilities, and excellent communication.
  • Strong critical thinking, problem solving and decision-making skills.
  • 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.
  • 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.
  • Desire to develop Your career in finance industry.
  • Good written and spoken English.
  • Basic knowledge in MS Office.
  • Education & Preferred Qualifications

  • Final Year Students Enrolled in full time education at undergraduates in the penultimate year of degree in one of the following areas : Finance, Accounting, or Economics are preferred; applicants from other disciplines may also apply.
  • Enthusiastic about building a long-term career in a dynamic organization.
  • Effective communicators with the ability to collaborate in a team-oriented environment.
  • Open to feedback and committed to continuous learning and improvement.
  • Motivated by real-world problem solving and eager to contribute innovative ideas.
  • 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 by location, but you may expect generous medical care, insurance, and savings plans, among other perks. You'll have access to flexible Work Programs 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 perspectives 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 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 programs and access to employee networks that help you stay connected to what matters to you.

    State Street is an equal opportunity and affirmative action employer.

    Discover more information on India jobs at StateStreet.com / careers

    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

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