Internship

State Street Summer Internship Program

Posted on 12/3/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$7.5 - $28.13Hourly

Company Historically Provides H1B Sponsorship

Boston, MA, USA + 1 more

More locations: Quincy, MA, USA

Category
Asset Management
Corporate Finance
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Graduating in December 2025 or later
  • Strong interest in financial services; ability to work in a fast-paced, ever changing environment
  • Demonstrated experience with or interest in data and analytics preferred
  • Change management and innovative mindset, demonstrated problem solving ability
  • Enthusiasm for learning and commitment to career development
  • Versatility, adaptability and comfort with ambiguity
  • Ability to work independently while also adopting a collaborative approach to achieving results
Responsibilities
  • Interns may be placed in any area of the bank.

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, by leveraging its global network and expertise to deliver customized financial solutions. State Street generates revenue through 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 Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased ESG investing aligns with State Street's diversity and inclusion commitment.
  • Digital asset custody solutions present growth opportunities for State Street.
  • Expansion into emerging markets like India offers significant growth potential.

What critics are saying

  • Fintech competition could erode State Street's market share.
  • Integration challenges with Charles River Development may affect efficiency.
  • Geopolitical risks in India could impact State Street's expansion efforts.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to diversity and inclusion in financial services.
  • State Street's global presence allows tailored solutions for diverse client needs.

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