Overview
Job Description
State Street is hiring apprentices to join the Global Accounting Operations (GAO) team in Bangalore, India. The position lies within the Specialized Accounting function of the Controllership division under Finance. This is a high-impact opportunity for candidates interested in finance transformation, accounting operations, and business process optimization.
The role focuses on accounting and reporting processes related to Non-Hedging FX Derivatives, and involves regular support in financial close cycles and regulatory reporting (SEC & REG). The apprentice will also actively contribute to process automation, standardization, and reengineering initiatives.
Key Responsibilities
- Support the Business As Usual (BAU) operations for Non-Hedging FX Derivatives, Loans, Repo / Reverse Repo.
- Assist in the monthly financial close processes.
- Involve in SEC and REG reporting support activities.
- Contribute to process design, optimization, and automation projects.
- Work with internal teams to drive improvements and reduce manual touchpoints.
- Help implement control enhancements and drive operational efficiency across accounting functions.
Key Skills and Competencies
- Strong analytical mindset with attention to detail.
- Ability to work in a fast-paced, structured, and team-based environment.
- Highly motivated self-starter with a drive for process improvement.
- Professionalism, dependability, and strong interpersonal skills.
- Strong problem-solving skills and eagerness to explore solutions.
Technical Skills Required
Microsoft Excel , Microsoft Access, PowerPoint, Macros, Tableau, Spotfire, Data Analytics, Visualization Tools, BI Tools, Accounting Software
Educational Qualifications
- MBA, Law graduates (LLB/LLM), or Non-IT Engineering graduates.
- Coursework in basic accounting is expected.
- Background in programming or business intelligence tools is preferred.
Eligible Batch
- Graduation Year: 2023, 2024, 2025
About State Street
State Street is one of the world’s largest custodian banks and asset managers, providing financial services such as investment servicing, data & analytics, research & trading, and investment management to institutional clients across the globe. With over two centuries of expertise, the company plays a vital role in safeguarding global investments.
Work Culture and Benefits
- Competitive compensation and benefits.
- Access to flexible work programs and educational support.
- A strong culture of inclusion and diversity.
- Employee resource groups, paid volunteer days, and personal growth programs.
Equal Opportunity Statement
State Street is an Equal Opportunity and Affirmative Action Employer. We welcome applications from individuals of all backgrounds regardless of race, color, religion, gender, gender identity, sexual orientation, nationality, disability, or veteran status.
Apply before August 2, 2025 to be part of a dynamic finance transformation journey with State Street.
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Education Requirements
- MBA, Law graduates (LLB/LLM), or Non-IT Engineering graduates.
Eligible Batch Years
State Street
State Street Corporation is a leading global financial services provider headquartered in Boston, Massachusetts, USA. Founded in 1792, the company specializes in investment servicing, investment management, and investment research and trading. With over 40,000 employees worldwide, State Street operates in more than 100 geographic markets, serving institutional investors such as mutual funds, pension funds, insurance companies, and sovereign wealth funds. Its mission is to help clients safeguard and manage their financial assets, offering comprehensive solutions that enable them to achieve their investment goals.
State Street is widely recognized for its scale, expertise, and innovation in asset servicing and management. It is one of the largest custodian banks in the world, with trillions of dollars in assets under custody and administration. In recent years, the company has expanded its digital capabilities, including the launch of State Street Alpha, a platform designed to integrate front, middle, and back-office investment processes. State Street continues to strengthen its market position through strategic acquisitions, technology advancements, and sustainability initiatives, earning a reputation for reliability and leadership in the financial services industry.
Company Details
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Websitestatestreet.com