State Street→
Alpha Business Architecture, 6 Months… at State Street · Clifton
InternshipOn-siteFull-timeClifton, NJ$42k–$65k/yr
Skills
business analysisprocess documentationproject managementfinancial markets knowledgejiraanalytical mindset
Job Description
Summary: State Street is one of the largest custodian banks and asset managers in the world. The Alpha Business Architecture team is seeking an intern to support the documentation of business requirements, create process diagrams, and assist in standardizing solutions for the Alpha Platform.
Responsibilities:
- Build an understanding of the Alpha platform and its end to end value proposition
- Support senior architects in identifying opportunities to standardize products and workflows by helping document and validate current and future state processes
- Create and update Jira backlog items, and help track progress using dashboards and team hub pages
- Draft clear and well structured requirements, design notes, and supporting documentation
- Assist with basic project management activities, including meeting agendas and notes, project plans, and action logs
- Support business analysis activities by maintaining plans, tracking issues, and preparing project documentation
- Participate in user interface and solution design sessions, helping document outcomes and propose initial observations or suggestions
- Help document business requirements gathered from product, implementation, and operations teams to support strategic initiatives
- Assist in documenting future state designs, including capturing options and outlining high level pros and cons
- Create and maintain system and process flow diagrams that clearly illustrate key components and interactions
- Attend team and project meetings to build knowledge of different client types, such as asset owners, asset managers, private markets, and ETF issuers
- Share observations and feedback with internal teams (including Alpha and CRD partners) on process gaps, documentation clarity, and opportunities to improve business analysis practices
- Support efforts to improve and standardize requirement gathering templates and documentation processes
- Communicate effectively with team members using a variety of internal communication channels
Required Qualifications:
- Build an understanding of the Alpha platform and its end to end value proposition
- Support senior architects in identifying opportunities to standardize products and workflows by helping document and validate current and future state processes
- Create and update Jira backlog items, and help track progress using dashboards and team hub pages
- Draft clear and well structured requirements, design notes, and supporting documentation
- Assist with basic project management activities, including meeting agendas and notes, project plans, and action logs
- Support business analysis activities by maintaining plans, tracking issues, and preparing project documentation
- Participate in user interface and solution design sessions, helping document outcomes and propose initial observations or suggestions
- Help document business requirements gathered from product, implementation, and operations teams to support strategic initiatives
- Assist in documenting future state designs, including capturing options and outlining high level pros and cons
- Create and maintain system and process flow diagrams that clearly illustrate key components and interactions
- Attend team and project meetings to build knowledge of different client types, such as asset owners, asset managers, private markets, and ETF issuers
- Share observations and feedback with internal teams (including Alpha and CRD partners) on process gaps, documentation clarity, and opportunities to improve business analysis practices
- Support efforts to improve and standardize requirement gathering templates and documentation processes
- Communicate effectively with team members using a variety of internal communication channels
Preferred Qualifications:
- Basic understanding of financial markets or securities terminology (or strong interest in learning)
- Strong organizational skills and attention to detail
- Interest in modern technology concepts, including automation and agent based or AI assisted workflows
- Clear written and verbal communication skills
- Analytical mindset with an interest in problem solving
- Ability to work independently while also collaborating effectively within a team
- Willingness to ask questions, learn from others, and take feedback constructively
- Comfortable managing multiple tasks in a fast paced, changing environment
- Positive, collaborative team oriented attitude
Required Skills: Business analysis, Process documentation, Project management
Important Skills: Financial markets knowledge, Jira
Nice-to-Have Skills: Analytical mindset
Internship Start Date: Start in 2026 Summer
Benefits: Generous medical care, 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, Eligibility for certain tax advantaged savings plans, Flexible Work Programs, Development programs and educational support, Paid volunteer days, Matching gift programs, Access to employee networks
Benefits
Generous medical care
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
Eligibility for certain tax advantaged savings plans
Flexible Work Programs
Development programs and educational support
Paid volunteer days
Matching gift programs
Access to employee networks