State Street Alpha - Professional Development Program 2027

Alpha PDP

 State Street Corporation’s Alpha’s Professional Development Program is a leadership program designed to develop entry level employees within State Street Alpha. Over the course of two years the incumbent will be given different short term placements designed to provide key learning and growth opportunities within participating business lines or functional teams, along with a deeper understanding of State Street Alpha. The program extends over 24 months and incorporates specific training, professional development, and assignments across a variety of Alpha business units.  

Customized   placements are designed to provide firsthand experience in distinct roles and business activities to help program participants develop a comprehensive understanding of each business area and the overall industry. Participants are placed in our most meaningful and critical roles across the Alpha organization.  

Successful program participants will be placed into permanent roles within State Street Alpha upon program completion where the collective knowledge, skills, and experience gained through the program can be applied. 

Why this role is important to us. 

The team you will be joining is a part of a global, cross-divisional group supporting State Street Alpha.  State Street Alpha redefines the common definition of ‘Alpha’ to mean powering better performance and outcomes at every point on the investment lifecycle and is the first open platform from a single provider that connects the front, middle and back office. It harmonizes data, technology, and services across trusted providers to help our clients better manage their businesses. Join us in making your mark in an ever-changing, increasingly complex, and competitive industry is a challenge you are up for.  

What you will be responsible for as an ALPHA PDP 

• Intensive orientation and training at our offices in Boston, which includes development of State Street business and financial acumen, soft-skills trainings, and case studies. 

• Multiple cross-functional and cross-business rotational job assignments designed to accelerate the development of critical industry knowledge, skills, and experience. 

• Access to training courses on Alpha and essential business skills  

Our roles may offer any combination of assignments that may involve activities such as those noted below. 

• Project planning and execution

• Operational and technology data gathering, data configuration, data mapping and data analysis 

• Development of procedures and rollout 

• Development and communication of strategies, processes, innovative technology, client progress, client reference materials, financial reports, project/program information 

• May include client/strategic partner interaction 

• Assisting with client onboarding and implementation activities, gathering/assessing data, facilitating broad divisional progress monitoring and reporting 

• Financial analysis, modeling, and reporting 

• Enhancement efforts related to our technical and procedural infrastructure, business analysis, planning and execution 

What we value 

• Agile, initiative-takers that want to become a long-term team member and grow as part of the Alpha division’s growth and successes 

• Appreciate the opportunity to rotate in four roles within 2 years while also being provided with professional development training and networking opportunities 

• Change management and innovative mindsets 

• Upcoming leaders that are organized, strong communicators, agile and interested in learning while growing and reaping the opportunities of a fast paced, highly collaborative and successful business environment 

• Outstanding communication skills, both written and verbal 

• Service oriented with a client focus 

• Strong financial acumen 

• Enthusiasm for learning and commitment to career development  

• Ability to work independently while also adopting a collaborative approach to achieving results 

• Ability to communicate cross-functionally to support technical and operational concepts 

• Demonstrated problem solving ability

• Project management skills and or certification preferred but not required 

Skills preferred but not required 

• PowerPoint

• Excel

• Jira/Confluence 

• Power BI 

• Tableau

• Project Management 

Education & Preferred Qualifications  

• Graduating in Dec 2025 or May 2026 (for July 2026 intake)

• B.S. Degree in any of the following areas: Business Management, Finance, Economics, Mathematics, Data Science, and/or similar.

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 are making our mark on the financial services industry. For more than two centuries, we have 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 benefits. You will 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.

Salary Range:

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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visithttps://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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