Internship

Software engineer Internship

Updated on 3/14/2025

State Street

State Street

10,001+ employees

Asset management and custody banking services

Compensation Overview

$7.50 - $28.13Hourly

Company Historically Provides H1B Sponsorship

Burlington, MA, USA

Category
Full-Stack Engineering
Software QA & Testing
Software Engineering
Required Skills
Data Structures & Algorithms
SQL
Java
Financial analysis
C#
Perl
Fixed Income Securities
Data Analysis
Requirements
  • Enrollment in a Computer Science undergraduate or graduate program at a leading college or university
  • Some level of programming skills in Java, C#, SQL, Perl, XML, etc.
  • Exposure to some of the following concepts: object oriented programming, data structures, software engineering techniques, quality assurance, parallel programming, databases, networking, etc.
Responsibilities
  • Writing programs in Java/C#
  • Bug fixing in Java/C#/SQL
  • Creating, executing, and monitoring Java unit and automation tests within framework
  • Writing and running performance scripts
  • Assisting with data mappings for interfaces
  • Validating system enhancements, fixes, and user workflows
  • Maintaining development and test environments by upgrading and maintaining databases and servers
  • Gaining experience in a number of financial areas, including: trade order management, portfolio management, fixed income, compliance, equity, derivatives, real time pricing, analytics, etc.
Desired Qualifications
  • Strong work ethic
  • Ability to adapt to change and learn new skills quickly
  • Excellent communication and interpersonal skills
  • Any exposure to the financial industry a strong plus but not required
  • Flexibility and ability to work in a very fast paced environment

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • State Street benefits from the growing demand for ESG-integrated investment strategies.
  • The rise of digital assets presents new opportunities for State Street's custody services.
  • Increasing regulatory focus on transparency boosts demand for State Street's compliance solutions.

What critics are saying

  • Increased competition from firms like BlackRock and Vanguard may impact State Street's growth.
  • Technological advancements in fintech pose a threat to traditional banking models.
  • State Street's acquisition of Mizuho's businesses could lead to integration challenges.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to innovation and inclusive leadership in financial services.
  • State Street leverages a global network to offer tailored financial solutions.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus

Company News

MarketBeat
Mar 15th, 2025
Raymond James Financial Inc. Invests $44.07 Million in State Street Co. (NYSE:STT)

Raymond James Financial Inc. invests $44.07 million in State Street Co. (NYSE:STT).

Defense World
Mar 13th, 2025
Proficio Capital Partners LLC Makes New Investment in State Street Co. (NYSE:STT)

Proficio Capital Partners LLC makes new investment in State Street Co. (NYSE:STT).

Defense World
Mar 6th, 2025
Centessa Pharmaceuticals plc (NASDAQ:CNTA) Sees Significant Growth in Short Interest

State Street Corp acquired a new stake in Centessa Pharmaceuticals in the third quarter valued at $777,000.

MarketBeat
Mar 2nd, 2025
Consilium Wealth Advisory LLC Invests $1.09 Million in State Street Co. (NYSE:STT)

Consilium Wealth Advisory LLC invests $1.09 million in State Street Co. (NYSE:STT).

MarketBeat
Mar 1st, 2025
Scotiabank Has Lowered Expectations for Healthpeak Properties (NYSE:DOC) Stock Price

State Street Corp acquired a new stake in Healthpeak Properties in the third quarter worth about $1,093,576,000.