.webp){kind=logo}
About State
State Street Corporation (stylized in all caps), is a global financial services and bank holding company headquartered at One Congress Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.
State Street is ranked 14th on the list of the largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.7 trillion under management and US$40.0 trillion under custody and administration in 2023. It is the largest custodian bank in the world, providing securities services and it is considered a systemically important bank by the Financial Stability Board. Along with BlackRock and Vanguard, State Street is considered to be one of the Big Three index fund managers that dominate corporate America.
The company is ranked 316th on the Fortune 500 as of 2022. The company is on the list of the banks that are too big to fail published by the Financial Stability Board. It is rated by Visual Capitalist as the third U.S. bank by uninsured deposits, with 91.2% of deposits being uninsured
State Reviews
0 reviews found
Overall Rating
Reviews from Similar Companies
.webp){kind=logo}
Citibank Reviews
Ameriprise Reviews
CITI Reviews
State Recruitment Process
Interview Process
The interview process at State Street Bank, similar to other large financial institutions, is structured to assess a candidate's suitability for the role in terms of skills, experience, and cultural fit. Although the specifics can vary by position, a general outline of the process includes several key stages:
Application: Candidates start by submitting their application through the State Street career portal, including a resume and sometimes a cover letter.
Screening: An HR recruiter may conduct an initial screening call to discuss the candidate's experience, qualifications, and interest in the role. This step helps to ascertain whether the applicant's background aligns with the job requirements.
Online Assessments: For certain roles, candidates might be asked to complete online assessments. These can test a range of abilities, from analytical and numerical skills to personality fit.
Interview Rounds: Candidates who pass the screening stage are invited to interviews. These can be one-on-one or panel interviews and may take place over the phone, via video conference, or in person. The interviews typically involve behavioral questions and, depending on the role, technical questions that assess the candidate's ability to perform job-specific tasks.
Final Interview: For some positions, a final interview with senior management may be required. This is often a deeper dive into the candidate's experience and suitability for the company's culture and values.
Background and Reference Checks: Prior to making an offer, State Street conducts background checks and contacts references to verify the candidate's employment history, educational background, and other pertinent details.
Job Offer: Successful candidates receive a job offer, detailing the terms of employment, including salary, benefits, and other relevant information.
Onboarding: Upon accepting the offer, new hires go through an onboarding process, which includes completing necessary paperwork, meeting their team, and starting any required training programs.
Jobs at State
Recruitment Process from Similar Companies
CITI Recruitment Process
State Salaries
Employee Benefits at State
Salaries at Similar Companies
Citibank Salaries
Ameriprise Salaries
CITI Salaries
State FAQs
0 Questions found
FAQs from Similar Companies
Citibank Related Questions
Ameriprise Related Questions
CITI Related Questions
