State Street Fund Accountant, Associate I Interview Questions

Updated Apr 2, 2015
51 Interview Reviews

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Fund Accountant Associate I Interview

Anonymous Interview Candidate in Kansas City, MO
Accepted Offer
Positive Experience
Average Interview

Application

I applied through an employee referral. The process took 4 weeksinterviewed at State Street (Kansas City, MO) in July 2010.

Interview

I applied online with an employee referral and was contacted for a phone interview within a few days. After passing some questions about my resume and broad behavioral questions I moved to the second phone interview. This one was far shorter and comprised of behavioral questions that were specific to how I acted in the given circumstance. The next day I was called for my in person interview. They showed me around and I was interviewed by 2 managers asking more behavioral questions and a few technical questions relating to the job.

Interview Questions

  • How do you find Net Asset Value?   1 Answer

Negotiation

Take it or leave it.

Other Interview Reviews for State Street

  1. Helpful (3)  

    Fund Accountant, Associate I Interview

    Anonymous Employee in Kansas City, MO
    Declined Offer
    Neutral Experience
    Average Interview

    Application

    I applied through college or university. The process took 3 weeksinterviewed at State Street (Kansas City, MO) in June 2010.

    Interview

    After submitting my application online I was contacted in two weeks by the HR Coordinator via telephone. She spoke to me briefly about my qualifications and education and the starting pay. The Coordinator scheduled me for another phone interview with a Recruiter the next week. I spoke to the Recruiter about my specific accounting education and the starting pay ($28,800). The Recruiter scheduled me for a group interview in two days. The group interview consisted of several behavioral questions and was attended by two middle managers of the group. Find those questions on this website - they are exact. The HR department called about four days later and made an offer.

    Interview Questions

    • Can you tell me about a time working in a group that you experienced a problem with a group member? How did you resolve this problem.   1 Answer

    Reasons for Declining

    I declined the offer for a few reasons. The first reason was the Recruiter. This person (KW) treated me like a number and did not act in a professional manner. The HR department is your window into the organization - and I did not like what I experienced. The second reason was the low starting pay. I would have considered it for the experience, however, the Recruiter changed my mind.

  2.  

    Fund Accountant, Associate I Interview

    Anonymous Interview Candidate in Sacramento, CA
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 4+ weeksinterviewed at State Street (Sacramento, CA) in April 2010.

    Interview

    Phone interview asking basic questions about your experience and resume. The other questions are based on behavioral questions. In person interview was a 15 minute introduction video about the company. This was fallowed by 2 interviews about 1 hr each the first was with 2 people and the second was a 1 on 1. Ask basic behavioral questions.

    Interview Questions

    Negotiation

    No negotiation just a take it or leave it

  3.  

    Fund Accountant, Associate I Interview

    Anonymous Interview Candidate in Kansas City, MO
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 2 weeksinterviewed at State Street (Kansas City, MO) in March 2010.

    Interview

    Management review of resume, all resume should be one page. No more and no less. Questions are all behavioral based questions. You must provide and EXAMPLE relating to the question. No general answer such as "I would do this or that." Usually promote internally.

    Interview Questions

    • Provide me with a time you had to complete a task, by a strict deadline, but had multiple interruptions. What did you do to complete the task and how did you handle the interruptions?   1 Answer

    Negotiation

    There was not negotiation and is none during promotion. Everything is set, either except or decline.

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  5.  

    Fund Accountant Associate I Interview

    Anonymous Interview Candidate in Sacramento, CA
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    I applied through college or university. The process took 3 weeksinterviewed at State Street (Sacramento, CA) in June 2009.

    Interview

    The process went through my University. First I had an on-campus interview followed by a series of behavioral panel interviews on-site. The background check is extensive and can take upwards of a month after an initial conditional offer of employment.

    Interview Questions

    • Describe a time where you had to balance many taks at once   Answer Question

    Negotiation

    In finance, right now, laughable.

  6.  

    Fund Accountant Associate I Interview

    Anonymous Interview Candidate in Boston, MA
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through college or university. The process took 3 weeksinterviewed at State Street (Boston, MA) in March 2008.

    Interview

    I interviewed with 2 VPs at the same time and it was pretty easy. We mostly just talked about my school experiences (especially my semester abroad). They also gave me an overview of IFS, what the Hedge Fund Accountant Associate 1 position entailed, etc. and asked a few questions. The interview went really well but dealing with the HR contact wasn't nearly as smooth. I was told by my HR contact that I needed to schedule an interview with someone else at the office so I did. Later on, she told me that I didn't need it since I had already interviewed with 2 people. I had to call back a few times to get basic information that she was supposed to have contacted me about (such as my start date). I'm sure she deals with alot of new hires so it's hard to keep track of everything but I was pretty surprised with how unorganized and misinformed she was.

    Interview Questions

    • Tell me about a time when you've dealt with a difficult co-worker or classmate for a project?   Answer Question
  7. Helpful (1)  

    Fund Accountant Associate I Interview

    Anonymous Interview Candidate in Boston, MA
    Accepted Offer
    Neutral Experience
    Easy Interview

    Application

    I applied online. The process took 1 dayinterviewed at State Street (Boston, MA) in January 2008.

    Interview

    HR basically showed a group of people a video about State Street. Then we were paired off one on one for two separate interviews. When I went through the interview process, the people interviewing you weren't even the people that you would work for. Now, I heard that the managers who interview you are the ones that you will actually work for- which clearly makes more sense.

    Interview Questions

    • How do you calculate the Net Asset Value on a fund?   1 Answer

    Negotiation

    There was no negotiation.

  8.  

    Fund Accountant, Associate I Interview

    Anonymous Employee in Kraków (Poland)
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied online – interviewed at State Street (Kraków (Poland)) in February 2015.

    Interview

    I applied online and I received a call 2 days later performing the first interview at the moment. Then they called me back to say that i passed to the 2nd step. Some days after the 2nd interview i received an email saying that they chose someone else. The 3d interview would have been face to face.

    Interview Questions

    • My professional and education background and motivations, expected salary at the 1st interview. At the 2nd they asked financial questions like what is a bond, main elements of financial statement and situations at work, how I handled difficult situation and expected salary again with imminent deadline.   Answer Question
  9. Helpful (5)  

    Fund Accountant – Associate I Interview

    Anonymous Employee
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied online – interviewed at State Street in April 2014.

    Interview

    I applied through the company website and six days later I get a call and there and then I have a phone interview, which was very basic as it included questions about my work experience and qualifications, but I was asked about the State Street and what they do, so be prepared for this, but I personally wasn't expected to know too much as I had no notice of the interview therefore no time to prepare, but overall call lasted only 30 minutes and interviewer that conducted the interview told me all about the interview process, i.e. what will happen in round 2 and 3 of the interview stages.
    Later that day, I received an email alerting me that I was scheduled for second round interview the next day and the email also included a document detailing the job description, this interview was broken into 3 sections, (1) Work experience and Education (2) Technical Questions i.e. basic financial concepts (3) Behavioural Questions. You will be asked what you know about State Street again and it is important to know what they do as it shows you are interested in working for them. Once all the questions are asked you will be given the opportunity to voice as queries or questions, this call lasted one hour. I haven't heard anything back yet about the 3rd stage but I was told I would have to wait about 3 weeks.

    Interview Questions

    • Know your basic financial concepts, this is important, such as Net Asset Value, Funds, Derivatives, Bonds. Also when explaining the concepts use examples of each. Other questions included: What would you do if you were on a project and there was somebody that was being difficult? How do you ensure that you will complete your project before the deadline   Answer Question
  10. Helpful (2)  

    Fund Accountant, Associate I Interview

    Anonymous Employee in Dublin, Dublin (Ireland)
    No Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. The process took 2 daysinterviewed at State Street (Dublin, Dublin (Ireland)) in April 2014.

    Interview

    2 phone calls with the second one lasting 50 minutes.

    Interview Questions

    • Know your finance terms if you dont already (e.g. Bonds, reconciliations, NAV)   Answer Question

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