📋 Job Details at a Glance 📍 Location Hyderabad, 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 offers a Custody Services, Associate 2 role in Hyderabad, India , where candidates will support trade processing and client service operations as part of daily custody operations . This position is available for 2022, 2023, 2024, and 2025 graduates and provides hands-on experience in Swift , cash processing , and error resolution within a real-world financial services environment. It is one of the Custody Services, Associate 2 jobs currently listed through State Street recruitment in Hyderabad, India jobs . This Custody Services, Associate 2 role involves managing trade instructions, resolving errors, and ensuring accurate client interactions. Daily responsibilities include processing trade instructions, handling cash transactions, and resolving discrepancies in custody operations . The role directly supports operational accuracy in trade processing and client service , which are core functions in financial transaction management. Candidates will use Swift and engage with trade processing workflows, gaining practical exposure to real-time financial operations. The job posting confirms that State Street is a financial services firm with a global presence. This Custody Services, Associate 2 position is part of a team focused on custody operations , where accuracy and client service are critical. The role is embedded within State Street ’s operational framework, emphasizing reliability and compliance in financial transaction handling. This reflects the company’s commitment to operational excellence in custody services. 2022, 2023, 2024, 2025 graduates with Junior / Associate level qualifications and 0-2 years experience are eligible. The salary for this role is Not Disclosed . This position is ideal for students seeking entry-level experience in banking and finance operations. Applicants will gain direct experience in Swift , trade processing , cash processing , client service , error resolution , and custody operations . These skills are foundational in the banking and finance sector and can lead to progression into higher-level roles in custody or trade operations. The role builds a strong base for future roles in financial services, especially within operational and client-facing functions. 📊 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. This is a Custody Services, Associate 2 jobs listing in Hyderabad, India jobs under State Street recruitment . Job Role & Responsibilities The Custody Services, Associate 2 role at State Street ensures accurate execution of trade settlements using Swift messaging systems and maintains compliance through daily cash processing and error resolution activities. This position directly supports the integrity of client funds and operational accuracy in custody operations . Process trade instructions using Swift technology to ensure timely and accurate trade settlements, following trade processing protocols and settlement timelines. Handle cash processing tasks, including reconciliation of client funds, to meet financial regulations and ensure cash processing accuracy per daily audit metrics. Collaborate with client service and operations teams to resolve trade-related errors using documented error resolution workflows and escalation procedures. Monitor trade processing metrics such as settlement time, error rate, and trade volume to identify inefficiencies and improve custody operations performance. Respond to client inquiries within 24 hours using structured client service communication templates to maintain consistent service levels and client satisfaction. Document trade processing procedures and client interactions in compliance with custody operations records, ensuring traceability and audit readiness for regulatory reviews. Resolve client issues related to custody operations by applying error resolution techniques and verifying data consistency across trade and cash records. Verify trade settlement outcomes against client instructions using trade processing logs and Swift message confirmations to ensure operational integrity. This role demands direct ownership of trade execution and client fund handling, with measurable impact on settlement accuracy , compliance adherence , and error resolution efficiency in daily operations. Required Skills & Technical Competencies The role requires a foundational understanding of Swift , trade processing , cash processing , error resolution , and client service to perform core custody operations with precision and compliance. Technical Skills Swift — entry — used to process electronic trade instructions and validate message formatting in real-time trade settlements. Trade Processing — entry — applied to manage trade instructions, confirm settlement dates, and track trade lifecycle stages in custody systems. Cash Processing — entry — used daily to reconcile client cash balances, verify fund transfers, and ensure compliance with financial regulations . Client Service — entry — involves structured communication with clients to resolve inquiries and document service interactions for compliance. Error Resolution — entry — evaluated through identification and correction of discrepancies in trade data, such as mismatched trade IDs or settlement amounts. Custody Operations — entry — applied in daily execution of client fund custody tasks, including access control, record maintenance, and audit preparation. When preparing your resume or interview response, emphasize hands-on experience with Swift message handling, trade processing workflows, and error resolution in structured financial environments. Eligibility Criteria This role is designed for fresh graduates with a degree in Finance or related fields, seeking entry into banking and finance operations with a focus on custody and trade execution. Must hold a degree in Finance , Business , or a related field to understand financial instruments and custody operations . Eligible for 2022, 2023, 2024, and 2025 batches, allowing new graduates to begin their careers at State Street . No prior work experience is required, making it ideal for students transitioning into the banking and finance industry. Minimum academic performance of 60% is preferred to demonstrate foundational knowledge of financial concepts. Internships or projects related to finance or client service provide a competitive advantage in selection. Documentation & Portfolio Requirements Your resume must include a clear section on academic qualifications, relevant coursework, and any internship or project experience in finance or client service operations. For this role, prioritize showcasing specific experience with Swift messaging, trade processing documentation, or error resolution in academic or project settings — even if simulated — to demonstrate technical readiness. 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 role by equipping you with essential skills and knowledge. Recommended Courses & Resources MS Office — Proficiency in MS Office is crucial for effective data management and reporting in custody operations . Communication Skills — Strong communication skills are vital for client interactions and error resolution in this role. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor the resume — fix by customizing each application. ❌ Overlooking the importance of communication skills — fix by providing examples of client interactions. ❌ Neglecting to mention relevant academic projects or internships — fix by including any practical experiences. ❌ Using generic language instead of specific terms — fix by incorporating keywords directly. ❌ Submitting a resume without proofreading for errors — fix by reviewing for clarity and professionalism. ❌ Not following application instructions precisely — fix by ensuring all required documents are submitted correctly. Before You Apply — Checklist ✅ Research State Street and its services to understand the company better before applying. ✅ Update your resume to reflect relevant skills and experiences tailored to the Custody Services role. ✅ Prepare a cover letter that highlights your interest in the banking and finance industry. ✅ Ensure your LinkedIn profile is updated and aligns with your resume for consistency. ✅ Gather any necessary documents, such as transcripts or certificates, to support your application. ✅ Double-check the application portal for any specific submission guidelines or requirements. ✅ Set a reminder to follow up on your application status after submission. ✅ Practice common interview questions related to custody operations and client service . Resume Tailoring & ATS Keywords for Custody Services, Associate 2 Optimizing your resume for ATS is crucial for ensuring it gets noticed for this role, as many companies use automated systems to filter applications. ATS Keywords to Include Custody Operations Trade Processing Swift Cash Processing Client Service Error Resolution Client Inquiries Financial Services Operational Efficiency Documentation Problem-Solving Collaboration Resume Tips for This Role Highlight any relevant coursework or projects in finance or banking to demonstrate foundational knowledge. Emphasize strong communication skills, particularly in client service contexts, as they are crucial for this role. Include any internships or practical experiences related to finance or customer service to showcase hands-on experience. Optimize your resume for ATS by using keywords from the job description, such as ' trade processing ' and ' custody operations '. Avoid including unrelated work experiences that do not demonstrate skills relevant 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 phrases that do not add value to your resume 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 is tailored to the Custody Services role. Fill out the application form accurately, providing all requested information. After submission, expect a confirmation email regarding your application status. Track your application status through the portal for updates. 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 operations in Hyderabad, India . This Associate 2 role is onsite and part of the custody services team, focused on client-facing operations within the financial services industry. The team handles daily trade processing , resolves errors, manages client inquiries, and supports cash and trade settlement operations. Responsibilities include processing trade instructions, facilitating client interactions, and ensuring accurate custody operations through manual and electronic methods. This role supports Custody Operations and client service , aligning with State Street ’s core offerings in custody and fund administration. It provides hands-on experience in real-world financial operations. The role offers early-career exposure to Swift , Trade Processing , and Client Service using industry-standard tools, giving freshers practical insight into daily custody operations and client support. Company Details Industry Banking & Finance Location Hyderabad, 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 from the 2022-2025 batches with a degree in Finance or related fields. ? What technical skills are most important for this role? Skills Tap to expand + Answer Key skills include Swift, trade processing, cash processing, and client service. ? What is the expected salary for this position? Salary Tap to expand + Answer Salary details are not disclosed, but industry benchmarks suggest ₹3,00,000 to ₹5,00,000 per annum. ? What should I expect after applying for Custody Services, Associate 2 at State Street? Hiring Process Tap to expand + Answer The process typically involves 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 Focus on understanding custody operations, client service, and relevant technical skills. ? Is this role work from home, hybrid, or onsite? Work Mode Tap to expand + Answer This role is onsite in Hyderabad. ? What is the career growth after joining State Street as Custody Services, Associate 2? Growth Tap to expand + Answer Exposure to custody operations and client service can lead to various career paths in finance. ? What should I highlight in my resume for this role? Resume Tap to expand + Answer Emphasize relevant skills, internships, and academic projects related to finance. ? Is there a last date to apply for this role? Application Tap to expand + Answer Application urgency context is not specified, but early applications are encouraged. ? 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-facing operations. ? Can freshers apply for this role at State Street? Fresher Tap to expand + Answer Yes, freshers from the eligible batches are encouraged to apply. 🔗 Explore More on NexisGrow More jobs in Hyderabad 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