Business Support Team Analyst Intern/Co-op

What is Global Credit Finance

Global Credit Finance is the Bank’s lending division. The team oversees a portfolio of 10 different products with over $104B of notional commitments. Its 150+ member team operates in the US, EMEA and APAC with offices in Boston, Irvine, London, Munich, Gdansk, Luxembourg, and Bangalore. Global Credit Finance’s mission is twofold: to attract and retain clients of State Street through the use of the firm’s balance sheet; and to add income and diversification to the company’s portfolio of on and off-balance sheet investments.  Our products include Private Markets – Subscription Finance, Private Credit, Real Money Funds-Liquidity and Leverage, CLOs, Municipal Finance, Commercial Real Estate, Leveraged Loans, Corporates, and Stable Value Wrap.

What you will be responsible for

As a Co-op, you will work on a diverse mix of functions, your responsibilities as a GCF Business Support Team(BST) Analyst may include:

• Perform regulatory checks for Reg W, Reg O, Volcker, Reg GG across all GCF products globally

• Assist with the monitoring of BST KPI reporting

• Create documented process flows for assigned functions and processes in support of BST

• Assist with the completion of remediation plans for internal and external exam issues including legal documentation review

• Create and update existing procedures including performing walk throughs with the SME's, developing and updating controls

• Provide additional BAU support as needed

Skills we value

These skills will help you succeed in this role

• Strong analytical, Excel, and problem-solving skills

• Organizational and time management skills

• Excellent interpersonal, organizational and communication skills

• A positive attitude and high level of attention to details

• Ability to work successfully in a self-motivated environment

Education & Preferred Qualifications

Pursuing a degree in Business, Economics, Marketing, Finance or Liberal Arts

About State Street 

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’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. 

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 perks. You’ll 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 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. 

Salary Range:

$41,600 - $65,000 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.