State Street Alpha Professional Development Program - July 2025 at State Street in Boston, Massachusetts

Job Description:

Who we are looking for

State Street Corporation's Alpha's Advancement Development Program is a leadership program designed to develop entry level employees within State Street Alpha. Over the course of two years the incumbent will be given different short term placements designed to provide key learning and growth opportunities within participating business lines or functional teams, along with a deeper understanding of State Street Alpha. The program extends over 24 months and incorporates specific training, professional development, and assignments across a variety of Alpha business units.

Customized placements iare designed to provide firsthand experience in distinct roles and business activities to help program participants develop a comprehensive understanding of each business area and the overall industry. Participants are placed in our most meaningful and critical roles across the Alpha organization.

Successful program participants will be placed into permanent roles within State Street Alpha upon program completion where the collective knowledge, skills, and experience gained through the program can be applied.

Why this role is important to us.

The team you will be joining is a part of a global, cross-divisional group supporting State Street Alpha. State Street Alpha redefines the common definition of 'Alpha' to mean powering better performance and outcomes at every point on the investment lifecycle and is the first open platform from a single provider that connects the front, middle and back office. It harmonizes data, technology, and services across trusted providers to help our clients better manage their businesses. Join us in making your mark in an ever-changing, increasingly complex, and competitive industry is a challenge you are up for.

What you will be responsible for as an ALPHA PDP

• Intensive orientation and training at our offices in Boston, which includes development of State Street business and financial acumen, soft-skills trainings, and case studies.

• Multiple cross-functional and cross-business rotational job assignments designed to accelerate the development of critical industry knowledge, skills, and experience.

• Access to training courses on Alpha and essential business skills

Our roles may offer any combination of assignments that may involve activities such as those noted below.

• Project management

• Operational and technology data gathering, data configuration, data mapping and data analysis

• Development of procedures and rollout

• Development and communication of strategies, processes, innovative technology, client progress, client reference materials, financial reports, project/program information

• May include client/strategic partner interaction

• Assisting with client onboarding and implementation activities, gathering/assessing data, facilitating broad divisional progress monitoring and reporting

• Financial analysis, modeling, and reporting

• Enhancement efforts related to our technical and procedural infrastructure, business analysis, planning and execution

• Evaluating competitor and prospective partner market data and assisting with strategies to recommend and implement partnerships and or upgrade our infrastructure

What we value

• Agile, initiative-takers that want to become a long-term team member and grow as part of the Alpha division's growth and successes

• Appreciate the opportunity to rotate in four roles within 2 years while also being provided with professional development training and networking opportunities

• Change management and innovative mindsets

• Upcoming leaders that are organized, strong communicators, agile and interested in learning while growing and reaping the opportunities of a fast paced, highly collaborative and successful business environment

• Demonstrated leadership, ability to engage others and drive successful results

• Outstanding communication skills, both written and verbal

• Service oriented with a client focus

• Strong financial acumen

• Enthusiasm for learning and commitment to career development

• Ability to work independently while also adopting a collaborative approach to achieving results

• Ability to communicate cross-functionally to support technical and operational concepts

• Demonstrated problem solving

• Project management skills and or certification preferred but not required

• Takes initiative

Soft Skills preferred but not required

• Jira/Confluence

• Visio

• PowerPoint

• Power BI

• Tableau Reader

• Excel

• Project Management

Education & Preferred Qualifications

• Graduating no later than the spring of 2025

• B.S. Degree in any of the following areas: Business Management, Finance, Economics, Mathematics, Data Science, and/or similar

This position is based in Boston (currently South Boston)

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 are making our mark on the financial services industry. For more than two centuries, we have 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 benefits. You will 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 genuinely 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.

Salary Range:
$52,000 - $81,640 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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