ALPHA Professional Development Program(PDP), ALPHA, Senior Associate
State StreetAbout the role
Who we are looking for
State Street Corporation’s Alpha Professional Development Program (PDP) is a leadership rotational program designed to develop entry level employees within State Street Alpha. Each focus area and rotation is 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 rotational assignments across a variety of Alpha business units.
Customized rotations 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 management
- 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
- Evaluating competitor and prospective partner market data and assisting with strategies to recommend and implement partnerships and or upgrade our infrastructure
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
- Demonstrated leadership, ability to engage others and drive successful results
- 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
- Project management skills and or certification preferred but not required
- Takes initiative
Soft Skills preferred but not required
- Jira/Confluence
- Visio
- PowerPoint
- Power BI
- Tableau Reader
- Excel
- Project Management
Education & Preferred Qualifications
- Graduating no later than the spring of 2024
- B.S. Degree in any of the following areas: Business Management, Finance, Ec
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