📋 Job Details at a Glance 📍 Location Bangalore, India 🏢 Company State Street 👥 Experience 1+ years 🎓 Qualification Any Graduate 📅 Eligible Batch 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary Not Disclosed 🏢 Industry Banking & Finance 🛠 Key Skills Swift Trade Processing Reference Data Management Client Service Negotiation MCH Platform Custody Services Associate 2 at State Street — Full Details & How to Apply State Street is seeking a Custody Services Associate 2 in Bangalore, India , where you will engage with the MCH platform to enhance client service from day one. This role provides direct access to trade processing systems and client service workflows, enabling freshers to begin their careers with hands-on experience in financial custody operations. This Custody Services Associate 2 role involves processing trade instructions via SWIFT , managing reference data , and supporting client service through the MCH platform . These responsibilities ensure accurate trade execution and consistent client interactions, directly contributing to operational efficiency in custody services. State Street specializes in custody, accounting, and fund administration, offering essential tools for asset owners and managers. The role is part of a team focused on trade processing and client service , with a clear emphasis on operational accuracy and client satisfaction. This position is embedded within State Street ’s financial services operations in Bangalore. 2024, 2025, 2026 graduates with Any Graduate qualification and 1+ years experience are eligible. The salary for this role is Not Disclosed . You will gain hands-on experience with Swift , Trade Processing , Reference Data Management , Client Service , Negotiation , and the MCH Platform . This exposure positions you for progression into higher-level custody or client operations roles within the banking and finance sector, with direct access to financial tools used by asset managers. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Job Role & Responsibilities The Custody Services Associate 2 at State Street ensures accurate and compliant execution of electronic trade instructions through SWIFT messaging, directly impacting trade settlement timelines and regulatory adherence. This role operates within a structured financial infrastructure to manage end-to-end trade lifecycle operations with precision and audit readiness. Process electronic trade instructions using SWIFT to validate message format, ensure compliance with client-specific trade requirements , and maintain a 99.9% message delivery accuracy rate. Utilize the MCH Platform to initiate and track trade processing workflows, ensuring all trade entries are recorded with a 100% field completeness rate and updated within 30 minutes of receipt. Collaborate with client service and operations teams to resolve trade discrepancies using reference data to validate client account identifiers and trade instrument details. Monitor key trade processing metrics such as trade execution time, error rate, and reconciliation lag to identify bottlenecks and improve performance by at least 15% monthly. Take ownership of client inquiries by responding to all tickets within 15 minutes of receipt, using negotiation to resolve discrepancies and ensure client satisfaction scores remain above 4.5/5. Document trade processing workflows in a standardized format, ensuring all steps are traceable and accessible to stakeholders for audit and compliance purposes. Engage with clients to troubleshoot execution failures, using reference data to verify instrument codes and account numbers to prevent reprocessing errors. Verify trade data consistency across systems by cross-checking client service records and MCH Platform entries to ensure no data drift occurs between systems. This role demands direct ownership of trade execution outcomes, where every action influences settlement accuracy , client satisfaction , and compliance audit outcomes in real time. Required Skills & Technical Competencies The Custody Services Associate 2 must possess a clear technical skill set focused on financial trade execution, with hands-on experience in messaging, data management, and platform operations. Technical Skills Swift — entry — used to process and validate electronic trade instructions, ensuring correct message formatting and compliance with SWIFT MT700 and MT800 standards. Trade Processing — intermediate — applied to manage the full lifecycle of trades from instruction receipt to settlement, with emphasis on execution timing and error logging . Reference Data Management — entry — used to maintain accurate client identifiers, instrument codes, and account mappings to prevent data errors in trade execution. Client Service — intermediate — applied to handle client inquiries, manage ticket resolution, and ensure client satisfaction metrics exceed 4.5/5 in service reviews. Negotiation — entry — used to resolve trade discrepancies, such as settlement mismatches, by aligning client expectations with operational constraints. MCH Platform — intermediate — used to execute trade entries, monitor processing status, and generate real-time trade status reports with 15-minute update cycles . When preparing your resume, emphasize hands-on experience with SWIFT message formats, MCH Platform workflows, and trade execution metrics in your projects or internships. Eligibility Criteria This role is designed for any graduate with a technical or engineering background, particularly those who have worked with data systems or financial technology tools in academic or internship settings. Must hold a graduate degree in any discipline, with a preference for engineering, computer science, or finance-related fields. Eligible batches are 2024, 2025, and 2026 , with immediate access to onboarding and operational exposure. At least 1 year of relevant experience is required, though freshers with internships or projects in finance or technology may be considered. A minimum CGPA of 60% is preferred to demonstrate foundational academic performance in technical or analytical subjects. Candidates with internships or projects involving trade processing , SWIFT messaging , or reference data systems will have a competitive advantage. Documentation & Portfolio Requirements Your resume must include a clear section on relevant projects , such as a SWIFT message simulator or a trade lifecycle workflow built using MCH Platform mock data. Include metrics like execution time, error rate, or data completeness to demonstrate technical capability. Highlight specific tools like SWIFT , MCH Platform , and reference data management in your project descriptions — do not generalize. Use real-world scenarios to show how you processed trade instructions or managed client data. Salary for Custody Services Associate 2 at State Street 💰 Compensation Not Disclosed The advertised compensation for the Custody Services Associate 2 role at State Street is Not Disclosed . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Custody Services Associate 2 Upskilling with the right resources significantly enhances your chances of selection for the Custody Services Associate 2 role at State Street . Recommended Courses & Resources Negotiation — Mastering negotiation skills is vital for effective client interactions in custody services. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor your resume to highlight relevant skills like SWIFT and trade processing — ensure these are prominent. ❌ Not demonstrating any client service experience — include specific examples that showcase your abilities. ❌ Overlooking the importance of technical skills — list all relevant tools and platforms you are familiar with. ❌ Submitting a generic cover letter — personalize it to reflect your interest in State Street and the specific role. ❌ Neglecting to proofread for errors — ensure your application is polished and professional. ❌ Ignoring the importance of academic performance — if applicable, include your CGPA or percentage. Before You Apply — Checklist ✅ Research State Street and understand its services and culture before applying. ✅ Ensure your resume highlights relevant skills and experiences tailored to the job description. ✅ Prepare a cover letter that reflects your interest in the Custody Services Associate role. ✅ Double-check the application portal for any specific requirements or documents needed. ✅ Follow up on your application status after submission to demonstrate your interest. ✅ Network with current or former employees on LinkedIn for insights about the company. ✅ Review common interview questions related to custody services and trade processing . ✅ Prepare to discuss your experience with SWIFT and client service scenarios during interviews. Resume Tailoring & ATS Keywords for Custody Services Associate 2 Optimizing your resume for ATS is crucial for standing out in the application process for the Custody Services Associate 2 role. ATS Keywords to Include Custody Services Trade Processing SWIFT Client Service Reference Data Management Negotiation MCH Platform Financial Tools Asset Management Operational Efficiency Electronic Trade Manual Trade Resume Tips for This Role Highlight your experience with SWIFT and trade processing , as these are critical for the role. Emphasize any client service experience, showcasing your ability to handle inquiries and resolve issues. Include relevant projects or internships that demonstrate your understanding of financial services. Optimize your resume for ATS by using keywords from the job description, particularly around custody services. Avoid including unrelated work experience that does not pertain to the banking and finance sector. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro Tip: Avoid including generic skills or experiences that do not directly relate to the banking and finance sector. How to Apply for Custody Services Associate 2 at State Street Apply Now — State Street Visit the application portal and create an account if you don’t have one. Upload your resume, ensuring it is tailored to the Custody Services Associate role. Fill out the application form accurately, providing all requested information. After submission, you can expect a confirmation email regarding your application status. Track your application status through the portal for updates on the hiring process. Applications reviewed on rolling basis — early submission recommended. Apply Now — State Street NexisGrow.com does not charge any fees for job applications. State Street State Street is a global banking and finance company with a major office in Bangalore, India . The Custody Services Associate 2 role is onsite and operates within the banking & finance industry, supporting core custody and trade processing functions. The team handles electronic and manual trade processing using SWIFT and resolves trade execution issues. They manage reference data, ensure accurate trade instructions, and support client service through direct engagement and negotiation . This role supports State Street ’s mission to deliver essential financial tools for asset owners and managers, enabling effective investment decisions and growth opportunities. The role offers early-career exposure to industry-leading tools like SWIFT and MCH Platform , with hands-on experience in trade processing and client service —key foundations for a career in financial services. Company Details Industry Banking & Finance Location Bangalore, India Connect With Us Careers Apply Now Website 🔗 statestreet.wd1.myworkdayjobs.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Custody Services Associate 2 at State Street? Eligibility Tap to expand + Answer Any graduate from the 2024, 2025, or 2026 batches with relevant experience. ? What technical skills are most important for this role? Skills Tap to expand + Answer Key skills include SWIFT, trade processing, client service, and negotiation. ? What is the expected salary for this position? Salary Tap to expand + Answer Salary details are not disclosed, but industry benchmarks suggest ₹4 to ₹6 lakhs per annum. ? What should I expect after applying for Custody Services Associate 2 at State Street? Hiring Process Tap to expand + Answer Expect an application review followed by a screening process and potential offer. ? How should I prepare for Custody Services Associate interview at State Street? Preparation Tap to expand + Answer Focus on understanding custody services, trade processing, and client service scenarios. ? Is this role work from home, hybrid, or onsite? Work Mode Tap to expand + Answer This role is onsite in Bangalore. ? What is the career growth after joining State Street as Custody Services Associate 2? Growth Tap to expand + Answer Exposure to advanced financial tools and potential internal mobility opportunities. ? What should I highlight in my resume for this role? Resume Tap to expand + Answer Emphasize relevant skills, client service experience, and familiarity with SWIFT. ? Is there a last date to apply for this role? Application Tap to expand + Answer Application urgency context is not specified. ? Is there a probation period at State Street? Probation Tap to expand + Answer Probation details are not specified in the job description. ? What is the work culture like at State Street? Culture Tap to expand + Answer The work environment is onsite, focusing on team collaboration and client engagement. ? Can freshers apply for this role at State Street? Fresher Tap to expand + Answer Yes, freshers from the specified batches are encouraged to apply. 🔗 Explore More on NexisGrow More jobs in Bangalore Browse all Non-Tech jobs Latest Fresher jobs More jobs at State Street Work From Home jobs Ready to Apply? Don't Miss This Opportunity! Apply only via the official link. NexisGrow.com charges zero application fees. 👉 Apply Now — Official Link NexisGrow.com does not charge any application or registration fees. Beware of fraudulent offers. Naukri ki baat, NexisGrow ke saath • NexisGrow.com