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This question is about State Street.
What is the hiring process for State Street?
The hiring process for State Street is fairly straightforward, involving several rounds of interviews for all positions. The number of interviews tends to vary on a case-by-case basis, with some candidates having as many as five interviews during the process. The entire hiring process usually takes between two and six weeks.
For all roles, the first step involves submitting an application and resume to State Street, which can be done online. After review, the company will then schedule a phone interview with the candidate and HR. This initial interview is more general, with questions regarding the applicant's interest in and knowledge of the company.
After the phone interview, candidates are usually asked to come in for a role-specific interview round. This takes place with one or more managers who oversee the position a candidate is interviewing for, and includes questions directly related to that role. This interview round includes situation-based and finance knowledge questions, such as:
What is a mutual fund?
What is a derivative, and what types of derivatives do you know about?
What do you know about fund accounting?
How would you handle a situation where you disagreed with a manager's decision?
State Street will usually inform a candidate of its hiring decision within two weeks of the final interview.
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