Frequently Asked Questions about State Street Careers

Yes, State Street provides a variety of programs to help employees plan for their retirement, including a 401(k) plan with employer matching contributions, a deferred compensation plan, a Roth IRA, and an employee stock purchase plan.

1. On-the-job Training: On-the-job training involves employees being trained while they are completing their job duties. This type of training allows employees to develop skills relevant to their current job and can be tailored to their individual needs. 2. Workshops and Seminars: Workshops and seminars are structured programs designed to provide employees with a specific set of skills. These programs are often led by experts in the field and can provide employees with the opportunity to engage with their peers and discuss the material. 3. Online Learning: Online learning is an increasingly popular way for employees to develop their skills. Online courses are typically self-paced and can be accessed anytime, anywhere. 4. Mentorship Programs: Mentorship programs can be a great way for employees to develop their skills. Mentors provide guidance and support to their mentees, helping them to develop the skills they need to be successful in their role. 5. Coaching Programs: Coaching programs involve pairing employees with a professional coach who can provide personalized feedback and advice to help them reach their goals. 6. Leadership Development Programs: Leadership development programs are designed to help employees develop their leadership skills. These programs may include workshops, seminars, and mentorship opportunities.

Yes, State Street offers a variety of programs and benefits to help employees balance their work and personal lives, including flexible work arrangements, wellness programs, and childcare support. Additionally, State Street recently launched a program called “Time for You,” which allows employees to take up to four hours of paid time off per month to focus on personal wellness and development.

Yes, State Street does offer tuition reimbursement for eligible employees.

State Street does not offer any official discounts or special offers for its employees. However, the company does provide a variety of benefits and perks to its employees, including paid time off, medical and dental insurance, and 401(k) matching.

State Street's vacation policy is based on a variety of factors, including job classification, years of service, and the location of the employee. Generally, employees accrue vacation days each year based on their length of employment. Vacation days can be taken as either full or partial days. Employees are encouraged to coordinate vacation days with their supervisors in order to ensure the necessary coverage and workload balance.

Yes, State Street offers an employee recognition program called SPARK. This program provides employees with the opportunity to recognize their peers for going above and beyond in their roles and helping to support the company's mission.

Yes, State Street offers many mentorship and networking opportunities for employees. These include formal mentoring programs, employee resource groups, affinity groups, and networking events. Additionally, State Street has a dedicated Career Development team that helps employees build their skillset and career path.

Yes, State Street offers a variety of educational resources to help employees continue their education. These resources include tuition assistance, online courses, educational seminars, and other professional development opportunities.

State Street is committed to having a positive impact in the communities it serves by making investments that support economic development and social progress. The firm’s commitment is based on the belief that having a positive effect on the communities in which it operates is essential to State Street’s long-term success. State Street’s Community Investment program is committed to investing in affordable housing, economic development, education, job creation, and other social initiatives. In addition, State Street provides grants, sponsorships, and volunteerism to local organizations that improve the quality of life in the communities in which it operates.

Yes, State Street offers a range of employee financial wellness programs. These include financial education courses, online tools and resources, and one-on-one coaching. The programs are designed to help employees build financial knowledge, develop better money management skills, and make informed decisions about their finances.

State Street provides its remote employees with a variety of support services, including an employee assistance program, virtual health resources, mental health support, 24/7 IT help desk support, training and development resources, and access to a suite of collaboration tools. Additionally, the company offers a variety of employee discounts and benefits, as well as flexible scheduling.

State Street is an American financial services and bank holding company headquartered in Boston, Massachusetts. It is one of the largest asset managers in the world, managing assets for clients around the globe. State Street provides services like asset management, securities lending, mutual funds, and more.

State Street has offices in Boston, New York, Chicago, San Francisco, San Mateo, Dallas, Los Angeles, Miami, Washington D.C., Atlanta, Charlotte, Minneapolis, Philadelphia, St. Louis, and Seattle.

State Street has offices in the United States, Canada, Europe, Asia Pacific, Latin America and Australia.

Yes, State Street offers comprehensive health insurance plans for its employees.

Yes, State Street offers apprenticeships in a range of areas such as asset servicing, technology, finance, and operations. Apprenticeships are currently offered in the US, Ireland, Spain, and the UK. To find out more about apprenticeships at State Street, please visit the company's website.

State Street offers a variety of job opportunities, such as: • Investment Management – Investment professionals, portfolio managers, research analysts, and other roles related to investment management. • Trading – Trading professionals, such as traders, sales traders, and market makers. • Technology – Data scientists, software engineers, and other technology professionals. • Client Service – Client service professionals, such as client service representatives, client service managers, and relationship managers. • Operations – Operations professionals, such as operations analysts, project managers, and compliance specialists. • Risk Management – Risk management professionals, such as credit analysts and risk managers. • Corporate Finance and Accounting – Finance and accounting professionals, such as financial analysts, accountants, and controllers. • Corporate Support – Corporate support professionals, such as human resources, marketing, legal, and communications professionals.

State Street prioritizes diversity and inclusion in its talent acquisition, talent management, and development processes. The company has established a comprehensive diversity and inclusion strategy that includes diversity initiatives, such as: goal setting and accountability, training and education, employee engagement, and supplier diversity. In addition, State Street regularly reviews its diversity and inclusion practices to ensure they remain robust and effective. The company also encourages its employees to participate in diversity-focused events and activities, such as mentorship programs and affinity groups.

State Street offers employees a variety of rewards and recognition programs. These include monetary awards, such as bonuses and stock awards, as well as non-monetary recognition programs. These programs include service awards, spot awards, recognition luncheons, and employee of the month celebrations. State Street also has a “Living Our Values” recognition program that allows employees to recognize their peers for exemplifying the firm’s values.