Practice 31 State Street interview questions covering custody operations, fund accounting, and financial services expertise.
Question 10 of 31
How to Answer
Example Answer
Community Answers

Ryan Brunner has over ten years of experience recruiting, interviewing, and hiring candidates in the healthcare, public service, and private manufacturing/distribution industries.
The financial field is often posed with significant risks, and financial professionals must always factor potential risks into the equation of any project they work on. To get a better idea of how you will do this if hired at State Street, your interviewer is giving you a chance to talk about your knowledge of risk and how you have worked with risk mitigation and risk avoidance in your previous positions. If new to the financial services field, it is important to show that you know that common risks can be systematic, operational, legal, and credit-related.
Risk management is an important principle for State Street, as their business framework emphasizes a strong corporate governance structure and sustainable practices that help mitigate risk down the line. As such, demonstrate to your interviewer your understanding of the connection between risk management principles that you might take as a State Street team member and the company's mission and values.

Ryan Brunner has over ten years of experience recruiting, interviewing, and hiring candidates in the healthcare, public service, and private manufacturing/distribution industries.
"As you can see from my resume, my experiences come from the software and manufacturing industries where common risks were associated with systematic and operational faults. Similar to the finance industry, I also have experience in helping mitigate legal risk. In my current role, I mitigate legal risk by working with a team of legal experts to know the laws and then develop a series of what-if questions to propose potential scenarios. Based on the what-if scenarios, we can implement specific requirements into the project to help minimize potential risk."

Interview Coach
Jaymie
A real coach, not AI. I read every answer myself and write back with personalized feedback.
Typically responds within 24 hours.
0 - Character Count
Prepare for behavioral and technical questions specific to State Street's institutional focus.
Get StartedJump to Question

Written by Rachel Hills
31 Questions & Answers • State Street

By Rachel

By Rachel