Who we are looking for

We are looking for a Working Student for our department Collateral Services EMEA in Frankfurt, Germany. The position will contain a basic training (mainly on-site) while later on it can be also fulfilled working remotely/from home.

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for

As a Working Student you will be involved in

• Daily calculation of mark-to-market exposure and margining for clients doing bilateral OTC, CCP, ETD and Repo business
• Responding on queries raised by clients, counterparties, custodians or other stakeholders (via email or telephone)
• Internal and external reporting
• Supporting migration of new business for existing clients as well as onboarding of new clients
• Supporting on-boarding of new business

What we value

These skills will help you succeed in this role

• High interest in the financial market (previous experience is a plus)
• Good MS Office skills (especially Excel and Outlook)
• Good knowledge in VBA is a plus

Education & Preferred Qualifications

• Ongoing Bachelor’s/Master’s degree (or higher) in finance, business or equivalent field or apprenticeship in banking/finance
• First experience in the financial industry and financial instruments (derivatives, securities etc.)
• Fluent English and German language skills (written and spoken)
• Candidate is expected to be a team player, quick learner and have a good eye for details
• Stress resistance, multi-tasking and ability to work within multiple deadlines
• Structured, goal-oriented and independent work style
• Very high level of client and service awareness

About State Street

What we do. State Street is one of the largest custodian, asset manager and asset intelligence firms in the world. From technology to product innovation, we make our mark on the financial services industry. For more than two hundred years, we've been helping our clients secure and manage the investments of millions of people. We offer investment servicing, data & analytics, investment research & trading and investment management for institutional clients.

Working, Living, Growing. It is very important to us to create a pleasant working environment. Our additional services are competitive and comprehensive. Details depend on location, but you can expect insurance, company pensions, and other perks. You can participate in a flexible work schedule to help meet your needs. Our large selection of training courses and further education opportunities will help you to develop your full potential.

Inclusion, diversity and social responsibility. We believe that the diverse backgrounds, experiences and perspectives of our employees make a tremendous contribution to an inclusive environment where everyone can thrive while supporting our organization and our customers. We welcome candidates of any background, ability, sexual orientation, gender identity, personality and age. Another core value of State Street is active engagement within our communities around the world, both as a partner and as an initiator. You will have opportunities for a healthy work-life balance, including paid volunteer days, community service programs and employee networking, depending on what is important to you. State Street is an Equal Opportunity Employer and a supporter of minority empowerment policies.

Find out more at StateStreet.com/careers