State Street · 2 weeks ago
State Street Enterprise Risk Management - Market Risk Internship - Summer 2026
Boston, Massachusetts
Internship
Onsite
Intern
$42K/yr - $65K/yr
Start in 2026 SummerState Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. The Market Risk Intern will provide market risk oversight as part of the Market Risk team, contributing to best practices related to report compilation, data integrity, and distribution.
BankingFinanceFinancial Services
Responsibilities
Support the Market Risk Team with reporting (daily, weekly, monthly, ad hoc) and general BAU functions
Provide risk oversight & escalation for global FX trading business, including daily monitoring of market risk measures, trading activity and counterparty credit exposures
Develop framework for FX risk guidelines, limit structures, and other governance items
Real-time engagement with FX trading desk and senior management (CRO) to monitor current trading, hedging strategies and recognize market developments
Actively identify, evaluate, measure, communicate, enhance and enforce risk
Support in ad-hoc requests by senior management and the regulators
Qualification
Required
Self-motivated Market Risk Analyst with a strong technical and quantitative aptitude
Support the Market Risk Team with reporting (daily, weekly, monthly, ad hoc) and general BAU functions
Provide risk oversight & escalation for global FX trading business, including daily monitoring of market risk measures, trading activity and counterparty credit exposures
Develop framework for FX risk guidelines, limit structures, and other governance items
Real-time engagement with FX trading desk and senior management (CRO) to monitor current trading, hedging strategies and recognize market developments
Actively identify, evaluate, measure, communicate, enhance and enforce risk
Support in ad-hoc requests by senior management and the regulators
Technical skills: Excel, PowerPoint, Word. SharePoint is a plus. Python, VB/macro development also a plus
Soft skills: Attention to detail, organized, proactive, not afraid to escalate issues/ask questions
Organizational skills: Good communication skills and the ability to follow a structured approach to work
Benefits
Retirement savings plan (401K) with company match
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 (excluding certain sales roles subject to sales incentive plans)
Eligibility for certain tax advantaged savings plans
Paid volunteer days
Matching gift programs
Access to employee networks that help you stay connected to what matters to you
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
Founded in 1792
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
Business Recorder
2026-01-17
Morningstar.com
2026-01-17
Company data provided by crunchbase