State Street Employee Reviews

3.5
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Based on 1,789 reviews
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Found 1,465 reviews matching the search See all 1,788 reviews
5.0
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Good place
Intern (Former Employee) –  Quincy, MAMay 19, 2018
Friendly working environment. Everyone is professional in this working environment. This is a good opportunity to learn skills as an internship role in such a professional environment.
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2.0
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don't recomend this job
Senior Fund Accountant (Current Employee) –  Kansas City, MOMay 18, 2018
a lot of the jobs are getting off-shored. The offshore team has no idea of what they are doing.
Benefits and vacations are good but there's no job security since the offshore is all over the company.
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4.0
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Good place to work
Administrator (Former Employee) –  Quincy, MAMay 16, 2018
It is helpful to go in with a finance background, the back office operations work is not for everyone. I would recommend the Quincy office as a good place to get a feel for operations roles at State Street.
Pros
good people
Cons
lack of innovative environment
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4.0
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Great Place to start a career
Financial Analyst, Officer (Current Employee) –  Boston, MAMay 14, 2018
Lots of opportunities for promotion if you work hard for it. Need to be self motivated. Company prefers to hire from within, however recently has been doing a lot of outsourcing and company has high turnover.
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3.0
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Undergoing structural and organizational changes
Financial Analyst (Current Employee) –  Boston, MAMay 13, 2018
The company is definitely feeling expense pressures and influences of technological advances. As it's racing to catch up to the rest of the industries, it's going through major organizational changes to accommodate.
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3.0
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Quick-paced environment with supportive management
Assistant Vice President, Client Service Manager (Current Employee) –  Sacramento, CAMay 13, 2018
State Street has strong management in place to guide careers and relationships. Working for the bank provides ton of opportunities to learn about various areas of the financial industry, top to bottom. You get what you put in to it.
Pros
Strong managers, learning opportunities
Cons
lack of advancement
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4.0
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Good Company
Senior Tax Administrator (Former Employee) –  Boston, MAMay 11, 2018
Working at State Street was very beneficial to me personally. I created lasting relationships and I learnt a lot in the field of Mutual Funds. People were encourage to think critically and think for themselves and also the culture was great for personal and professional growth.
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4.0
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Productive and fun workplace with a ping pong table
STATE STREET CLIENT OPERATIONS (Former Employee) –  Quincy, MAMay 11, 2018
Relaxed but productive work place.
• Produced daily, weekly and monthly reports
• Labeled and deputing funds to team
• Created excel tables to sort out funds coded only to client operations, used different systems to find problems dealing with funds such as MCH and Bloomberg, managed and then review reports
• Performed other clerical duties
• Identified any unusual or potentially suspicious transaction activity and must report and/or escalate in relevant operating procedures.
Pros
Ping pong table, Vending machines, Outdoor patio
Cons
Not enough training depending on certain departments
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4.0
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Professional yet personal
Sales enablement/graphic design (Former Employee) –  Yardley, PA 19067May 10, 2018
The work culture blends personality and professionalism well. Everyone is there to work hard, but still look for ways to make it an enjoyable place to work. Management are close to their employees.
Pros
work culture
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1.0
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Great benefits if you find the right group
AVP (Current Employee) –  Boston, MAMay 9, 2018
Great benefits around tuition reimbursement, family caregiver leave, fertility treatments and adoption. State Street boasts work-life balance, but it depends on which group you are in. Many groups do not allow regular work from home, require long nights and weekends, and continue to pile more work on without rewarding their employees. Great amount of vacation time, but it is hard to get time approved off when you actually want to use it.
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5.0
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Great company
Senior Portfolio Administrator (Former Employee) –  Kansas City, MOMay 8, 2018
One of the better companies that are in the area to work for. They have good benefits, a good work environment, good opportunities for advancement, etc.
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1.0
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Company
Fund Accountant (Former Employee) –  Boston, MAMay 8, 2018
Traditional growth models are under pressure. Yet the investment industry is optimistic. In an environment of profound change,
investors will need to re-engineer their business for growth,
and harness scale, technology and asset intelligence to thrive
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3.0
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long hours.
Mutual Funds Operations Associate II (Former Employee) –  Boston, MAMay 7, 2018
Nice as a first job. but there were long hours.not to much space for advancement.workplace culture depends from the group you are in. nice manaement..
Cons
long hours
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4.0
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Great place to work, depends what your interested in and have time for.
Functional Specialist (Former Employee) –  Quincy, MAMay 6, 2018
State street is a great company to work for if your someone who enjoys finance and open to constant change. In my year and a half here I've met some great people and there's so many networking opportunities. Pretty fast paced so you must be open to change butIt's the perfect place for a full time parent as there are flexible hours and even work from home access but if you don't fit that category the flexibility is a little different which can be unfair sometimes as everyone has life going on. Personally it wasn't for me, although feel I was cheated a little of my experience due to managerial issues I'm sure it would be great for someone else.
Pros
benefiits, overtime, flexibility
Cons
work/life balance, managment
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5.0
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Very good company to work.
Senior Financial Analyst (Current Employee) –  Boston, MAMay 4, 2018
Got a very good work life balance and really a good team to work with. Top level management people are really helpful. A very good platform to learn.
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3.0
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Nice Place, but for the turbulence and changes
Assistant Vice President (Former Employee) –  New York, NYMay 4, 2018
Everything was ok, till new dealrrment head came to us. The structural restructuring resulted in layoff of all the group, even though we were one of the most profitable units in the company.
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5.0
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Nice
Fund Associate Accounting Intern (Former Employee) –  Boston, MAMay 2, 2018
It was a very good place to work at and the staff is really great. I hope people interested in finance get a chance to work there. The company treats its employees with respect.
Pros
good 401k
Cons
none
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3.0
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Hit and miss
Associate 2 (Current Employee) –  Kansas City, MOMay 1, 2018
A decent place to work, but not without drawbacks. The work/life balance is often poor, and senior management places pressure on employees with only regard of the compay's benefit. The employees and many of the lower managers are excellent, and there are several sponsored activities to be involved in.
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3.0
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State Street entry level positions are a lot of data entry
Junior Fund Accountant (Former Employee) –  Natoma, CAMay 1, 2018
I didn't get to practice much analytical skills. The managers will say they want to help you succeed but they are too busy to set aside time so you must approach them yourselves. There is hardly any time to work on building other skills to try and advance yourself because of hourly deadlines.
Pros
Guest Speakers, Casual Fridays, Food Truck Fridays, young coworkers
Cons
Work/life balance non-existent
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4.0
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Good company. Lots of bureaucracy.
VP (Former Employee) –  Boston, MAApril 30, 2018
Good company. Lots of bureaucracy. Company is in a position of being heavily regulated by the Fed which has forced it to reallocate resources to meet it's regulatory obligations.
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Women's ratings

2.9Fairygodboss Score

43%say women are treated fairly and equally to men

50%would recommend to other women

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