📋 Job Details at a Glance 📍 Location Bangalore, India 🏢 Company State Street 👥 Experience 0-2 years 🎓 Qualification Junior / Associate level 📅 Eligible Batch 2022, 2023, 2024, 2025 📄 Job Type Full Time 💰 Salary Not Disclosed 🏢 Industry Banking & Finance 🛠 Key Skills SWIFT Trade Processing Cash Processing Client Service Error Resolution Custody Operations 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 support trade processing operations using SWIFT and Cash Processing systems. This role offers direct exposure to error resolution and client service within custody operations , a core function in banking and finance. This Custody Services, Associate 2 role is essential for managing trade instructions and resolving errors in real time. The position involves executing trade processing workflows, ensuring accurate custody records, and maintaining client service standards. Daily responsibilities include handling cash processing , validating trade data, and resolving discrepancies using SWIFT messages and custody systems. These tasks directly contribute to operational accuracy and client satisfaction in fund administration. State Street specializes in custody operations and fund administration, providing services to financial institutions globally. This role is part of a team focused on custody operations , where responsibilities include trade processing , error resolution , and client service . The job emphasizes hands-on experience with SWIFT , Trade Processing , and Cash Processing systems, aligning with the company’s operational focus. 2022, 2023, 2024, 2025 graduates with Junior / Associate level qualifications and 0-2 years experience are eligible. The role offers a salary of Not Disclosed . This position is ideal for students entering the banking and finance sector with foundational experience. You will gain hands-on experience with SWIFT , Trade Processing , Cash Processing , Client Service , and Error Resolution . This role provides a strong foundation in custody operations , which can lead to progression into higher-level positions in fund administration or operations. It sets a clear path for students aiming to build expertise in financial operations. 📊 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. Search for Custody Services, Associate 2 jobs in Bangalore, India jobs to explore more roles in banking and finance. For updates on State Street recruitment , follow the official job board and apply online. Job Role & Responsibilities The Custody Services, Associate 2 role at State Street ensures accurate execution of trade settlements through SWIFT messaging and maintains client account integrity via cash processing and error resolution workflows. This position directly supports the custody operations function by processing instructions, resolving discrepancies, and generating reports for internal audit and compliance. Process trade instructions using SWIFT to execute settlement messages with a 100% accuracy rate and ensure timely delivery to counterparties. Handle daily cash processing tasks including reconciliation of cash receipts and disbursements to maintain accurate financial records in client accounts. Collaborate with the Client Service team to address client inquiries and resolve issues within a 24-hour response window for service delivery. Monitor trade processing logs to identify and resolve errors with a focus on accuracy metrics and response time performance. Document operational procedures and workflow inefficiencies to improve custody operations efficiency by at least 15% over a 30-day cycle. Prepare daily trade activity reports and client interaction summaries for internal review by the operations management team. Engage clients via phone or email to troubleshoot settlement issues and deliver error resolution solutions with documented outcomes. Verify all trade settlement entries against SWIFT message confirmations and cash processing records to ensure 100% data consistency . This role demands direct ownership of trade processing and error resolution outcomes, with measurable impact on accuracy metrics and client account integrity across daily operations. Required Skills & Technical Competencies Candidates must demonstrate proficiency in SWIFT , trade processing , cash processing , client service , and error resolution to perform core duties effectively. These skills are applied in real-time workflows to ensure compliance, accuracy, and operational continuity. Technical Skills SWIFT — entry level — used to process and validate electronic trade instructions with specific message types such as MT103 and MT202 for settlement execution. Trade Processing — entry level — applied to execute and confirm trade instructions with settlement timelines and counterparty validation requirements. Cash Processing — entry level — used daily to record and reconcile cash transactions in client account ledgers with daily closing balances . Client Service — entry level — involves structured communication with clients to resolve issues and document service interaction outcomes in a CRM system. Error Resolution — entry level — evaluated through performance on accuracy metrics and response time for error identification and correction. When showcasing these skills in a resume or interview, emphasize hands-on experience with SWIFT message types , cash reconciliation logs , and error resolution workflows in real financial operations. Eligibility Criteria This role is designed for fresh graduates with a degree in Finance or Business Administration who are entering the banking and finance sector with minimal experience. Must hold a degree in Finance , Business Administration , or a related field from an accredited institution. Must be from eligible batches: 2022, 2023, 2024, or 2025 to qualify for recruitment. No prior work experience is required, making it ideal for entry-level candidates with foundational knowledge. Minimum academic performance of 60% is preferred to ensure strong understanding of financial operations. Internships or projects related to trade processing , cash handling , or financial operations are advantageous. Must provide a portfolio that includes documentation of academic projects or work related to SWIFT or cash processing tasks. Documentation & Portfolio Requirements Your resume must include a clear section on academic projects, internships, or coursework related to SWIFT , trade processing , or cash processing . Include specific task descriptions, tools used, and measurable outcomes. For this role, prioritize including a portfolio that demonstrates hands-on experience with SWIFT message formats , cash reconciliation logs , or error resolution workflows in a finance or operations context. 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 this specific role, equipping you with essential skills and knowledge. Recommended Courses & Resources MS Office — Proficiency in MS Office is crucial for documentation and reporting tasks. Communication Skills — Strong communication skills are vital for effective client interactions and service delivery. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor the resume to highlight relevant skills for custody operations. — Customize your resume to reflect the job requirements. ❌ Neglecting to mention any experience with financial tools or software. — Include all relevant technical skills and tools used. ❌ Overlooking the importance of clear communication skills in the application. — Emphasize your communication abilities in your resume and cover letter. ❌ Submitting a generic cover letter without specific references to State Street. — Personalize your cover letter to reflect your interest in the company. ❌ Ignoring the application deadline or submission guidelines. — Always adhere to the specified deadlines and instructions. ❌ Not preparing for potential client interaction scenarios during interviews. — Practice common client interaction scenarios to build confidence. Before You Apply — Checklist ✅ Research State Street and understand its core services before applying. ✅ Tailor your resume to reflect the skills and experiences relevant to the role. ✅ Prepare a cover letter that specifically addresses your interest in custody operations . ✅ Ensure your application is free of errors and clearly formatted. ✅ Double-check eligibility criteria to confirm you meet all requirements. ✅ Gather any supporting documents, such as transcripts or certificates. ✅ Follow up on your application status after submission. ✅ Prepare for potential interviews by practicing common questions related to the role. Resume Tailoring & ATS Keywords for Custody Services, Associate 2 Optimizing your resume for ATS is crucial to ensure it gets noticed for this role, as many companies use automated systems to filter applications. ATS Keywords to Include Custody Operations Trade Processing Client Service Error Resolution Cash Processing SWIFT Financial Services Communication Skills Problem Solving Documentation Operational Efficiency Team Collaboration Resume Tips for This Role Highlight any experience with SWIFT or trade processing in your resume. Emphasize strong communication skills, particularly in client-facing roles. Include relevant projects or internships that showcase your understanding of financial operations. Optimize for ATS by using keywords from the job description. Avoid including unrelated work experience that does not pertain to the role. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro Tip: Avoid including vague statements or unrelated job experiences that do not add value to your application for this role. 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 highlights relevant skills and experiences. Fill out the application form carefully, providing accurate information. After submission, expect a confirmation email regarding your application status. You can track your application status through the portal. 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 leader in banking and finance with a significant presence in Bangalore, India . This onsite role is part of its custody services division, supporting institutional investors through core operations in a structured, client-focused environment. The team manages trade processing , cash processing , and client service operations. Responsibilities include handling trade instructions, resolving errors, and providing client support through telephonic interactions and broker coordination. Daily tasks focus on accuracy, efficiency, and clear communication in custody operations . This role supports Custody Services operations, where accurate trade and cash processing ensures smooth client transactions. It is a key entry point into institutional finance, offering hands-on experience with industry-standard tools like SWIFT and real-time client service . The role provides early-career exposure to core financial operations. Candidates gain practical experience with SWIFT , Trade Processing , and Error Resolution —key skills in financial services—within a structured, client-facing environment. 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 Candidates with a degree in Finance or related fields from the batches of 2022, 2023, 2024, and 2025. ? What technical skills are most important for this role? Skills Tap to expand + Answer SWIFT, Trade Processing, Client Service, and Error Resolution are crucial for success. ? What is the expected salary for this position? Salary Tap to expand + Answer Salary details are not disclosed, but industry benchmarks suggest competitive pay for entry-level roles. ? What should I expect after applying for Custody Services, Associate 2 at State Street? Hiring Process Tap to expand + Answer The process typically includes application review, screening, and an offer stage. ? How should I prepare for the Custody Services, Associate 2 interview at State Street? Preparation Tap to expand + Answer Research the company, understand custody operations, and practice common interview questions. ? 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 various financial services and potential for internal mobility based on performance. ? What should I highlight in my resume for this role? Resume Tap to expand + Answer Focus on relevant skills, internships, and any experience with financial tools. ? Is there a last date to apply for this role? Application Tap to expand + Answer Application deadlines are typically specified on the job posting. ? 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 client interactions and team collaboration. ? 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 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