Operations Early Career Entry Program

Location: Bangalore Department: Internships and Development Programs

Who we are looking for

Our Operations Early Career Entry 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 dates : January 2027 – July 2027 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/Mark