Great position to gain business experience out of college - Account Controller State Street Employee Review

3.0
Jan 11, 2009
Recommend
CEO approval
Business Outlook

Pros

Great launching point for the start of a career. If you need guidance, this is a place where you 'hand is held' and every step is outlined for you. The promotion path in this area is clearly outlined, and if you work hard and prove yourself you will excel quickly.

Cons

Oftentimes the work is very repetitive and employees burn out from this process. Not everyone who is hired has the same work ethic and competence level, resulting in the 'better' people taking on more work. Because this is an operations position, hours can extend into the late night on a frequent basis if any issues are encountered. It is not abnormal to work a 12 hour day, although overtime is available.

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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