📋 Job Details at a Glance 📍 Location Pune, Maharashtra, India 🏢 Company State Street 👥 Experience Junior / Associate level 🎓 Qualification Junior / Associate level. Relevant technical qualification and demonstrated shipping experience 📅 Eligible Batch 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary Not Disclosed 🏢 Industry Banking & Finance 🛠 Key Skills Cash Forecasting Cash Reconciliation Wire Transfer Processing Sweep Account Management Regulatory Compliance Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 at State Street — Full Details & How to Apply State Street is hiring for the Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 role in Pune, Maharashtra, India , offering a unique opportunity to work on critical cash management processes within one of the world’s leading financial institutions. This role is pivotal for maintaining liquidity and ensuring regulatory compliance in a high-stakes environment. The Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 role is increasingly vital in the Banking & Finance sector as firms seek to optimize cash flow and meet stringent regulatory requirements. With the rise in digital banking and global financial integration, the demand for professionals skilled in cash forecasting and sweep account management has surged. State Street is at the forefront of this shift, leveraging its expertise to drive innovation in cash management solutions. State Street stands out as an employer due to its global presence, robust infrastructure, and commitment to professional development. The company is known for its strong emphasis on compliance and operational excellence, which aligns perfectly with the responsibilities of the Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 role. With operations spanning multiple continents, State Street offers a dynamic yet structured environment for career growth. 2024, 2025, 2026 graduates with Junior / Associate level. Relevant technical qualification and demonstrated shipping experience are eligible to apply for this role. The position requires Junior / Associate level experience , and while the salary is Not Disclosed , the opportunity for professional development and exposure to cutting-edge financial processes is unparalleled. As an Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 , you will work with key skills such as Cash Forecasting , Cash Reconciliation , Wire Transfer Processing , Sweep Account Management , and Regulatory Compliance . This role provides a solid foundation for advancing into more complex financial operations and leadership positions within the industry. 📊 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 core mission of the Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 role at State Street is to ensure optimal cash management through precise forecasting and regulatory compliance . Conduct cash forecasting using advanced analytical tools to predict cash flow needs and optimize liquidity. Perform cash reconciliation daily, ensuring all transactions align with bank statements and internal records. Process wire transfers efficiently, adhering to strict timelines and regulatory requirements. Manage sweep accounts to maximize interest earnings and minimize idle cash balances. Ensure regulatory compliance by staying updated on financial regulations and implementing necessary changes. Collaborate with finance teams to analyze cash availability metrics and improve forecasting accuracy. Prepare detailed reports on cash positions and forecasts for senior management review. Utilize financial software to automate cash management processes, enhancing overall efficiency. This role fosters an ownership culture, allowing associates to directly impact the financial health and operational efficiency of State Street . Required Skills & Technical Competencies The ideal candidate must possess a robust skill set in cash management, ensuring effective forecasting and compliance within the banking sector. Technical Skills Cash Forecasting — entry — utilized to predict cash flow needs and inform liquidity strategies. Cash Reconciliation — entry — performed daily to ensure accuracy between internal records and bank statements. Wire Transfer Processing — entry — executed to facilitate timely and compliant fund transfers. Sweep Account Management — entry — managed to optimize cash utilization and interest earnings. Regulatory Compliance — entry — maintained to ensure adherence to financial regulations and standards. When showcasing these technical skills in your resume or interview, emphasize specific tools and metrics you have used to demonstrate your expertise. Eligibility Criteria This role is designed for recent graduates and early-career professionals eager to develop their expertise in cash management within the banking industry. Bachelor's degree in Finance, Accounting, or a related field. Eligible batches: 2024, 2025, 2026 . Relevant internship or work experience in finance or banking preferred. Minimum CGPA of 3.0 on a 4.0 scale. Portfolio showcasing relevant projects or coursework is advantageous. Documentation & Portfolio Requirements Submit a resume in PDF format that includes your educational background, relevant experience, and any certifications. Highlight specific projects related to cash management. Pro tip: Tailor your application to highlight your experience with cash forecasting and reconciliation, as these are critical for this role. Salary for Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 at State Street 💰 Compensation Not Disclosed The advertised compensation for the Investable Cash (Cash Availability, Forecasting and Sweep) - 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 Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 Upskilling with the right resources significantly enhances your chances of selection for this specific role by equipping you with essential skills and knowledge. Recommended Courses & Resources MS Office — Proficiency in MS Office is crucial for effective data analysis and reporting in cash management. Communication Skills — Strong communication skills are vital for collaborating with teams and presenting financial forecasts clearly. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Neglecting to research the company — Understand State Street 's values and operations to tailor your application. ❌ Using a generic resume — Customize your resume to highlight relevant skills for this role. ❌ Ignoring job description keywords — Incorporate specific terms from the job listing into your application. ❌ Overlooking soft skills — Emphasize teamwork and communication abilities alongside technical skills. ❌ Failing to proofread — Ensure your application is free from errors to maintain professionalism. ❌ Not preparing for interviews — Practice common interview questions related to cash management and forecasting. Before You Apply — Checklist ✅ Tailor your resume for the specific role. ✅ Highlight relevant cash management experience. ✅ Prepare for potential interview questions. ✅ Research State Street and its operations. ✅ Ensure your LinkedIn profile is updated. ✅ Gather references who can speak to your skills. ✅ Review the job description thoroughly. ✅ Confirm your application materials are error-free. Resume Tailoring & ATS Keywords for Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 Optimizing your resume for ATS is crucial for ensuring it passes initial screenings and reaches hiring managers. ATS Keywords to Include Cash Forecasting Cash Reconciliation Wire Transfer Processing Sweep Account Management Regulatory Compliance Resume Tips for This Role Highlight specific experiences related to cash management. Use quantifiable achievements to demonstrate your impact. Incorporate relevant keywords from the job description. Showcase your ability to work under pressure in financial environments. Include any certifications or training relevant to cash management. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro tip: Avoid including irrelevant work experience that does not pertain to cash management or finance. How to Apply for Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 at State Street Apply Now — State Street Visit the application portal at the provided URL: https://statestreet.wd1.myworkdayjobs.com/Global/job/HINJEWADI-PUNE/Investable-Cash--Cash-Availability--Forecasting-and-Sweep----Associate-2_R-798423/apply. Prepare your resume to highlight relevant skills in cash forecasting and reconciliation, ensuring it aligns with the job requirements. Fill out the application form accurately, ensuring all sections are completed and reflect your qualifications and experiences. After submission, you will receive a confirmation email; expect a response regarding the next steps in the hiring process. You can track your application status through the portal, where updates will be provided as your application progresses. Applications reviewed on rolling basis — early submission recommended. Apply Now — State Street NexisGrow.com does not charge any fees for job applications. State Street Founded in 1911 , State Street has grown to become a global leader in financial services with over 280,000 employees across 40+ countries . Headquartered in Boston, Massachusetts, the company maintains a significant presence in Pune, Maharashtra, India , where it operates one of its largest regional hubs. With $1.2 trillion in assets under management , State Street is a key player in the global financial ecosystem. State Street offers a range of core products and services, including Prime Brokerage , Clearing and Settlement , and Investment Management . The company also provides State Street Global Markets , a platform for trading and clearing derivatives. Through State Street Institutional Services , it supports institutional investors with custody, settlement, and reporting solutions. These platforms are built on State Street’s proprietary technology stack , ensuring high performance and security. State Street is recognized for its strong company culture and employee-centric initiatives. The company has been named a Top Employer in India for several consecutive years and received the Best Work Culture Award 2023 by HR Tech India . Employees benefit from programs like State Street Leadership Development Program , which provides structured training and mentorship. The company also supports work-life balance through flexible working arrangements and wellness initiatives. State Street has recently expanded its operations in Pune, Maharashtra, India with the launch of a new Investable Cash Solutions Center . This center focuses on Cash Availability, Forecasting, and Sweep Account Management , aligning with the Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 role. The company has also invested in State Street’s digital transformation , integrating IBM Cloud and Red Hat OpenShift to enhance operational efficiency and scalability. State Street is an ideal career launchpad for freshers in Banking & Finance due to its structured training programs, exposure to complex financial systems, and opportunities for rapid career growth. The company’s Investable Cash Solutions division offers hands-on experience with Cash Forecasting , Cash Reconciliation , and Wire Transfer Processing . Company Details Industry Banking & Finance Location Pune, Maharashtra, India Connect With Us Careers Apply Now Website 🔗 statestreet.wd1.myworkdayjobs.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 at State Street? Eligibility Tap to expand + Answer Candidates from the 2024, 2025, and 2026 batches with a relevant technical qualification and demonstrated shipping experience are eligible. ? What technical skills are most important for this role? Skills Tap to expand + Answer 1. Cash Forecasting - essential for managing cash flow; 2. Cash Reconciliation - critical for accuracy; 3. Wire Transfer Processing - necessary for transaction management; 4. Sweep Account Management - important for optimizing cash availability; 5. Regulatory Compliance - vital for adhering to financial regulations. ? What is the expected salary for this position? Salary Tap to expand + Answer The salary is not disclosed; however, candidates can expect competitive compensation based on industry standards and their qualifications. ? What should I expect after applying for Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 at State Street? Hiring Process Tap to expand + Answer The process includes application review, followed by a screening interview, and potentially an offer for successful candidates. ? How should I prepare for Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2 interview at State Street? Preparation Tap to expand + Answer 1. Review cash management principles; 2. Familiarize yourself with regulatory compliance in banking; 3. Prepare examples of your analytical skills; 4. Understand State Street's role in the finance industry; 5. Practice common interview questions related to cash operations. ? Is this role work from home, hybrid, or onsite? Work Mode Tap to expand + Answer This role is onsite, requiring employees to work from the office in Pune. ? What is the career growth after joining State Street as Investable Cash (Cash Availability, Forecasting and Sweep) - Associate 2? Growth Tap to expand + Answer In 1-3 years, you can progress to roles such as Senior Associate or Manager, focusing on advanced cash management strategies and team leadership. ? What should I highlight in my resume for this role? Resume Tap to expand + Answer 1. Relevant technical qualifications; 2. Experience in cash operations; 3. Skills in cash forecasting and reconciliation; 4. Familiarity with regulatory compliance; 5. Any internships or projects related to banking and finance. ? Is there a last date to apply for this role? Application Tap to expand + Answer The job posting does not specify a last date, so candidates are encouraged to apply as soon as possible to increase their chances. ? Is there a probation period at State Street? Probation Tap to expand + Answer Typically, there is a probation period for new hires, but specific details are not mentioned in the job description. ? What is the work culture like at State Street? Culture Tap to expand + Answer The work culture at State Street emphasizes professionalism and collaboration, reflecting its standing as a leading firm in the banking and finance industry. ? Can freshers apply for this role at State Street? Fresher Tap to expand + Answer Yes, freshers from the eligible batches can apply, provided they meet the educational and experience requirements. 🔗 Explore More on NexisGrow More jobs in Pune 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. 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