State Street Accounting Interview Questions & Reviews
Getting an Interview
- Popular Job Titles:
- Fund Accountant (60)
- Fund Accountant, Associate I (33)
- Intern (20)
- Pricing Specialist (16)
- Portfolio Accountant (12)
- Associate I (10)
- Business Analyst (10)
- Financial Analyst (8)
- Fund Administrator (8)
- Fund Accountant Associate I (8)
- Senior Associate (7)
- Summer Intern (5)
- Officer (5)
- Fund Accountant Associate II (5)
- Fund Administrator - Associate II (5)
- Accounting Specialist (4)
- Associate (4)
- Operations Associate (4)
- Analyst (4)
- Associate II (3)
- Quantitative Analyst (3)
- Professional Development Program (3)
- Vice President (3)
- Bank Loan Specialist (3)
- Custody Specialist, Associate I (3)
- Accounting Intern (2)
- Client Operations Administrator (2)
- Accounting Specialist, Associate I (2)
- Fund Accounting Intern (2)
- Processing Analyst (2)
Accounting/Price Specialist, Associate I Interview (Positive Experience; Easy Interview)
I applied through an employee referral and the process took 3 weeks - interviewed at State Street in February 2013.
Interview Details – The hiring process for me was extremely smooth. I had a slight advantage because I had a personal reference which they highly value. The first step was submitting my résumé and application. A few days later I obtained an email for one of the talent acquisition agents and sent a follow up. Immediately after sending the email, I received a response to set up a phone interview. After another follow up email following the interview, there was an on site interview (right after a snow storm and they allowed everyone to wear jeans - cool!). I sent some thank you emails to the officer and manager who interviewed me, and then about two days later I was offered the job.
Interview Question – "Can you think of a time you had to meet deadlines?" Or "How did you react when you had to work with a difficult coworker?" Answer Question
Negotiation Details – No negotiation, but I was making considerably less at the time and did not have a degree so the salary was not low for my expectations.
Fund Accountant Associate II Interview (Neutral Experience)
I applied through a recruiter and the process took 4+ weeks - interviewed at State Street.
Interview Details – I applied for an internal transfer to the Sacramento position. If you stay on top of the recruiters about making an email introduction to their counterparts in another city, I find that this is a very effective way of getting your foot in the door for an interview. I performed a fifteen-minute phone screening with the recruiter, and then a one-hour phone interview with two manager-level employees. I received my offer within 2 days.
Interview Question – Give me a specific example of a time when you had to conform to a policy with which you did not agree. Answer Question
Negotiation Details – My attempt to negotiate was rebutted by the fact that it was an employee-initiated relocation.
Fund Accountant Interview (Positive Experience; Average Interview)
I applied online and the process took 3 weeks - interviewed at State Street.
Interview Details – Applied online on their website. Had one 30 minute interview with HR. At the end of the phone interview was asked immediately if I wanted to go to an open house they were having. The open house consisted of a 30 minute brief overview of the company, then two 2 on 1 interviews (2 hiring managers and me). Technical questions they asked were given beforehand in email to study (What is mutual fund, NAV, difference between stock and bond). Mainly behavioral questions, focus on studying these, if you look through the other reviews, most of the questions are on glassdoor. In the end was asked to rate myself 1 to 5 on leadership, excel, and other things.
Interview Question – Give us an example of a time you had to think outside the box to solve a problem?
Name a situation where you failed.
Tell me a time you had to present data that people relied on?
Tell me about a time you disagreed with a coworker. What did you disagree about and how did you resolve it?
Describe a time when you had to work with someone who created an uncomfortable work environment? Answer Question
Reason for Declining – Low pay, no negotiation.
Accounting Specialist, Associate I Interview (Positive Experience)
I applied online and the process took 4+ weeks - interviewed at State Street.
Interview Details – They contacted me after I submitted my application online. I was due for a phone screen appointment that lasted about 45 minutes. At the end of the phone screen, ask them about what the next steps in the hiring process entails; and they may schedule an open house appointment for you. A confirmation email for the open house was received, containing topics that I should review: specific items from job duties, company background, etc.
The open house was schedule two weeks later for me. There was an hour of overview about the firm as well as mingling with other competitors. Afterward, you will be called to separate rooms for two sessions of in-person interviews (I had two interviewers per session). They were about an hour long each and consisted of behavioral questions as well as technical information you should have researched about.
Interview Question – Explain a difficult obstacle you had to overcome and what you did. Answer Question
Fund Accountant I Interview (Positive Experience; Average Interview)
I applied online and the process took 2 weeks - interviewed at State Street.
Interview Details – Interview with HR over the phone and I was invited to Kansas City for in person interview within a week. After the interview, I was told HR will contact me for feedback. Five days later I received a call from HR with an offer. No room for negotiation on the salary! I went in few days afterwards to fill all the new hire paperwork and background check consent. Start date was a week later. The whole process took approximately 2 weeks before the start date.
Interview Question – As a fresh college graduate there was not much question about past experiences but rather behavioral questions.
Be confident and study the company business and product. The job description is a good start and some technical terms used in the Mutual Fund industry (Calculation of NAV, interest accruals, trade date and settlement date,..) Answer Question
Negotiation Details – There
Fund Accountant Interview (Positive Experience; Average Interview)
I interviewed at State Street in November 2012.
Interview Details – I had one on campus interview. Then a week after they contacted me for the second interview at there office. The second interview was scheduled 2 weeks after my first interview. Second interview included two 1 on 1 interviews, 1 hour long with 2 different hiring managers. Offer was given 2 weeks after.
Interview Question – Name a situation where breakdown of communication is a problem. Answer Question
Negotiation Details – No Negotiation
Fund Accounting Intern Interview (Positive Experience; Average Interview)
I applied through college or university and the process took 3 weeks - interviewed at State Street in November 2012.
Interview Details – The process consisted of a phone interview with HR and then an in person interview with two managers at their office. The phone interview contained mostly behavioral questions and of the two I felt that this interview was more difficult than the in person. The in person interview was pretty relaxed and consisted of general get to know you questions. The two managers I met were really nice and joked around in a professional manner.
Interview Question – Think of a time you finished a big assignment early and why did you do that? View Answer
Fund Accountant, Associate I Interview (Positive Experience; Average Interview)
I applied online and the process took 4+ weeks - interviewed at State Street in April 2010.
Interview Details – 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 Question – What is a NAV View Answer
Negotiation Details – No negotiation just a take it or leave it
Very Easy Interview
Fund Accountant, Associate I Interview (Negative Experience; Very Easy Interview)
I applied online and the process took 2 weeks - interviewed at State Street in December 2010.
Interview Details – They're basically looking for a live body. If you are reasonably articulate, demonstrate a basic general competency, and are somewhat personable, you will likely be hired. No particular prior experience is necessary, although having an interesting background will likely help you get hired. My managers told me I was hired mostly because they were curious about me.
Interview Question – They don't ask trick questions. They really are just making sure you're capable of interacting with people. Answer Question
Negotiation Details – There is no negotiation. They give you terms, and you may either accept or not. I ended up working 6 am to 2:45, for $30,000/year, no overtime, no bonus, 40 miles from where I lived (10 miles from what I thought I was applying for). I was told the hours I would be working on my first day, not before.
Accounting/Pricing Specialist Interview (Positive Experience; Easy Interview)
I applied online - interviewed at State Street in August 2012.
Interview Details – I applied online and was contacted a week later. I had a phone interview and an on site interview with two managers.The interview was overall easy and the office was very laid back business casual.
Interview Question – I have three other people coming in today to interview for this position. Why should I pick you? Answer Question
Interviews for Top Jobs at State Street