Women In Investment Management Internship Program

State Street Internship Opportunities

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve 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.

Inclusion, Diversity and Social Responsibility. We truly 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.

State Street Summer Internship Program (Massachusetts)

From technology and product innovation to corporate responsibility and community development, we’re making our mark on the financial services industry. We’re a global company with diverse people and experiences, and a network of over 35,000 employees spanning more than 100 markets. For us, success comes from the impact our employees have – on our clients, our communities and each other.

We’re committed to providing an inclusive environment where all employees feel valued and supported. Join us and make your mark at State Street.

Which groups hire interns?

Interns may be placed in any area of the bank. Below are some (but not all) of the areas in which you can work. Opportunities change from year to year, but the below areas have previously hosted interns:
Alpha: Alpha harmonizes data, technology and services across the end-to-end investment management cycle so our clients’ teams can overcome silos, work smarter and stay in sync.
The Alpha organization consists of Charles River Development and Alpha Services (Investment Manager Services and Alpha Data Services).
Digital: State Street Digital focuses on digital assets, and technologies, and will encompass the setup of a new integrated business and operating model to support our clients’ entire digital investment cycle from pre-trade, trade, and post-trade as well as other initiatives designed to enhance the client experience.
Global Advisors: State Street Global Advisors is the asset manager our clients trust for insight, solutions and results. Institutions – including corporations, endowments and foundations, third-party asset gatherers, pension funds, and sovereign wealth funds – rely on our disciplined investment process, along with our powerful global investment platform, for access to every major asset class, capitalization range and style.
Global Markets: When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to State Street Global Markets (SSGM). As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the globe.
Global Product: Here at the Global Product Content Center, we look to centralize access to all relevant Product materials from across the enterprise, inclusive of Global Markets, Global Credit Finance, Alpha, and Asset Servicing.
Our mission is to provide you with easy access to all Product related information comprising of product materials, tool kits, Office Hours, Product Review Boards, and various thought leadership pieces, such as market memos, regulatory briefings, and product research materials/white papers. Along with integrated modern technology such as Yammer and Stream, we look to create a digitally interactive and collaborative experience for all of our users.
Institutional Services: Institutional Services brings together Segments (Asset Managers, Asset Owners, Insurance, Alternatives, and Official Institutions), Coverage and Sales (relationship management including Global Client Division, Sales, and new client prospecting) and Regions & Countries, as well as Client Experience and Marketing into a powerful and aligned organization.
Global Credit Finance: With a broad array of liquidity and financing products and more than 20 years of experience in providing credit to the world’s largest asset managers and institutions, we utilize our expertise to develop solutions for your liquidity and financing challenges
Corporate Functions including:
- Corporate Finance: Across every one of our businesses at State Street, our Finance division plays an important role to ensure we both meet our financial obligations and best position our company for future financial success. Finance manages and controls our financial functions, meets our reporting requirements, provides information that guides our Board and Management Committee to make decisions, and manages our investment portfolio.
- Corporate Compliance: Our Corporate Compliance team develops and implements the policies we need across our company to meet our regulatory obligations. As a partner to our Board of Directors and senior management, Corporate Compliance works to foster a culture of compliance by our employees, managers and clients so our business activities follow all laws and regulations – and our reputation remains protected.
- Enterprise Risk Management: Providing products and services to our clients creates some risk – and our Enterprise Risk Management (ERM) team helps us to identify, measure and manage it. ERM formulates policies, establishes limits, monitors risk in partnership with each business unit, and informs and helps senior managers make decisions regarding the existing and potential risk that comes with all of our business activities.
- Global Delivery: Global Delivery offers custody and asset manager services ranging from account opening and market data services to transaction processing, corporate actions and reconciliation. This function offers strong local presence while leveraging follow-the sun operating models, providing robust servicing across our client base.
- Global Human Resources/Corporate Citizenship: The goal of GHR is to support our clients, in this case the business lines and corporate functions; ultimately we want to attract, retain, engage and reward talent. We support the employee life cycle from end to end – from hiring, managing and developing, engaging and ultimately rewarding employees. Corporate Citizenship represents our company value of Global Force, Local citizen through strategic initiatives that positively impact our community.
- Enterprise Data Governance & Management: Data Governance defines the guiding principles, policies, accountability and processes for data and its use across the enterprise with the goal of establishing meaning, context, quality and lineage of data for operational, regulatory and management information purposes.
- Global Technology: Technology is always changing, and our Information Technology (IT) team makes sure that we use innovation to benefit our company and clients most effectively. By staying informed of the latest trends and tools, IT helps us connect our clients to the marketplace, providing them with the valuable investment information they need to achieve their goals.

Are you a good fit for the Summer Internship Program?

State Street hires interns almost all business units, so we are open to all majors:

Graduating in December 2023 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

The State Street 2023 Summer Internship Program runs from June 12th-August 18th.

Apply

State Street Global Markets 2023 Rising Senior Intern Platform

State Street Corporation is committed to fostering an environment that promotes diverse talent and global perspectives. Our 2023 State Street Global Markets (SSGM) Summer Internship Platform is an integral part of our commitment to equity and inclusion by providing outstanding internship opportunities to students across our core university partnerships.

Our SSGM Rising Senior Summer Internship Platform is an experiential learning initiative, designed to provide students with an opportunity to explore the dynamic culture and lively, academic atmosphere of our Sales, Trading and Research business lines. Your assignments will be aligned with your interests and skill sets. Additionally, you’ll be provided with opportunities to undertake additional projects to broaden your understanding of the global financial markets and the clients we serve.
When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Program Overview

The SSGM Summer Intern experience will include a welcome orientation to provide our newest colleagues with a comprehensive view of business lines across SSGM. In addition, multiple training sessions and networking opportunities will be offered, where you’ll experience our commitment to State Street’s most valuable asset: our employees.
Our SSGM Interns will receive continuous training throughout the summer and will benefit from working alongside experienced professionals on meaningful projects. Multiple opportunities will be on hand to exchange ideas and network with peers, mentors and senior leaders of the firm.
As a summer intern, you will have the unwavering support of a mentor who can help you navigate the workplace and ensure you are best positioned for success.
The program timing is structured as a 10-week internship over the course of the summer. Upon successful completion of the summer internship, candidates will be offered interview opportunities for placement in the full time STREET (Sales, Trading, Research Enterprise for Engaging Talent) Platform.

As a summer intern in Global Markets, your responsibilities may include:

Assisting with sales and trading activities
Assessing market trends
Performing market and quantitative research analysis
Handling day-to-day transaction needs]

Qualifications

Candidates are required to be pursuing a bachelor’s degree from an accredited college or university with a graduation timeframe between December 2023 and June 2024
3.2 minimum GPA preferred
Mathematics, engineering, statistics, machine learning or programming background a plus
Strong quantitative and qualitative skills

Who we are looking for
In this role, you will liaise on a regular basis with the Global Markets’ Business teams. You’ll provide support for centrally managed activities on behalf of Global Markets, including data analytics, trend analysis, global macro research reporting, product development, as well as help drive the adoption of technology to improve productivity.

The candidate will be intellectually curious and have an enthusiasm for learning and developing; be self-motivated, adaptable and willing to take on new challenges; and should expect to develop, or further enhance, the following skills:

Demonstrated problem solving skills and willingness to ask tough questions
Sound judgment and business sense
Excellent communication and interpersonal skills
Keen interest in global financial markets
High drive to succeed
Superior work ethic
Ability to learn quickly, multitask, prioritize and take on new responsibilities

Apply

State Street Global Markets 2023 Rising Junior Intern Platform

State Street Corporation is committed to fostering an environment that promotes diverse talent and global perspectives. Our 2023 State Street Global Markets (SSGM) Summer Internship Platform is an integral part of our commitment to equity and inclusion by providing outstanding internship opportunities to students across our core university partnerships.

Our SSGM Rising Junior Summer Internship Platform is an experiential learning initiative, designed to provide students with an opportunity to explore the dynamic culture and lively, academic atmosphere of our Sales, Trading and Research business lines. Your assignments will be aligned with your interests and skill sets. Additionally, you’ll be provided with opportunities to undertake additional projects to broaden your understanding of the global financial markets and the clients we serve.
When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Program Overview

The SSGM Summer Intern experience will include a welcome orientation to provide our newest colleagues with a comprehensive view of business lines across SSGM. In addition, multiple training sessions and networking opportunities will be offered, where you’ll experience our commitment to State Street’s most valuable asset: our employees.
Our SSGM Interns will receive continuous training throughout the summer and will benefit from working alongside experienced professionals on meaningful projects. Multiple opportunities will be on hand to exchange ideas and network with peers, mentors and senior leaders of the firm.
As a summer intern, you will have the unwavering support of a mentor who can help you navigate the workplace and ensure you are best positioned for success.
The program timing is structured as two-10-week internships over the course of two consecutive summers. Upon successful completion of the first summer internship, candidates will be offered placement into the Rising Senior Intern Platform the following year.
Responsibilities

As a summer intern in Global Markets, your responsibilities may include:

Assisting with sales and trading activities
Assessing market trends
Performing market and quantitative research analysis
Handling day-to-day transaction needs]

Qualifications

Candidates are required to be pursuing a bachelor’s degree from an accredited college or university with a graduation timeframe between December 2024 and June 2025
3.2 minimum GPA preferred
Mathematics, engineering, statistics, machine learning or programming background a plus
Strong quantitative and qualitative skills

The candidate will be intellectually curious and have an enthusiasm for learning and developing; be self-motivated, adaptable and willing to take on new challenges; and should expect to develop, or further enhance, the following skills:
Demonstrated problem solving skills and willingness to ask tough questions
Sound judgment and business sense
Excellent communication and interpersonal skills
Keen interest in global financial markets
High drive to succeed
Superior work ethic
Ability to learn quickly, multitask, prioritize and take on new responsibilities

Apply

Corporate Audit Summer Internship

Are you looking for a challenging and fulfilling opportunity? Are you interested in working in a global, collaborative division? Do you want to be part of a dynamic team that works hard, but has fun doing it?
Be a part of the team dedicated to providing independent, objective assurance and advisory services designed to add value, minimize risk and improve the overall control environment of State Street Corporation and its subsidiaries. As a member of State Street Corporation’s Audit Division, you will be part of a team where collaboration is encouraged, excellence is rewarded, and diversity is valued.

Working on audits across the division, your responsibilities will include:

Performing audit work as assigned, leveraging Corporate Audit’s risk-based methodology to assess risks and controls, and validating the adequacy of control design
Executing and documenting audit work and concluding on audit test results and overall effectiveness of controls
Reviewing and evaluating corrective actions taken by the auditee to improve deficiencies

Qualifications:

Intellectual curiosity
Confidence with written and verbal communicatio
Ability to work successfully in a self-motivated environmen
Attention to detai
Strong knowledge of Microsoft Word, Excel and Powerpoint is a plus

Skill Development Opportunities:

As a Corporate Audit Intern, you will have the opportunity to gain the following:
An understanding of audit practices specific to a highly regulated, global financial institution
Familiarity with the lines of business of one of the largest custodian banks, asset managers and asset intelligence companies in the world

Apply

For more information on other internships offered through the CFA Society Boston Undergrad Women's Internship Program click here.