Impact Statement

The Alpha Services Commercials and Standards team supports the commercial governance of new business and product offerings across the Alpha platform. As a Summer Intern, you will learn about key components of the New Business and Product Review and Approval (NBPRA) process, how we support deal modeling and pricing activities, model opportunities with both new and existing clients, and help maintain fee schedules and commercial documentation.

This role provides hands-on exposure to how complex financial services products are reviewed, priced, approved, and governed in a global organization.

Primary Responsibilities

• Learn and support the New Business and Product Review and Approval (NBPRA) process, including preparation, tracking, and documentation of submissions

• Support deal modeling and pricing analysis for new and existing Alpha client opportunities

• Help draft, review, and update fee schedules, pricing exhibits, and related commercial documentation

• Maintain trackers and reporting related to deal status, approvals, and commercial metrics

• Prepare materials for internal governance and stakeholder meetings, including PowerPoint presentations and summary documents

• Take structured meeting notes, capture action items, and follow up on deliverables

• Collaborate with cross-functional partners across Alpha Services, including product, operations, legal, and finance teams

• Support ad-hoc projects related to commercial standards, governance, and process improvement initiatives

Required Skills / Qualifications

• Currently pursuing a Bachelor’s degree in Finance, Business, Economics, Analytics, or a related field

• Strong proficiency in Microsoft Excel and PowerPoint

• Strong analytical skills with attention to detail

• Introductory understanding of general financial terms and calculations

• Effective written and verbal communication skills

• Ability to manage multiple tasks in a deadline-driven environment

Skill Development Opportunities

• Introduction to financial services from both a firm and process (day in the life) perspective

• Introduction to team-based roles and tasks within a financial services firm

• Exposure to multiple corporate divisions and related reporting

• Development of professional communication and stakeholder-management skills

• Opportunity to build a network across Alpha Services and the broader organization

• Direct exposure to NBPRA governance and commercial approval processes

• Hands-on experience with deal pricing, fee structures, and financial analysis

Salary Range:

$41,600 - $65,000 Annual

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, visit https://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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Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.