Good first job. - Fund Accountant State Street Employee Review

3.0
Jan 22, 2009
Recommend
CEO approval
Business Outlook

Pros

involves a client who gives money to an asset manager, who then invests it to meet the client’s financial objectives, so you get exposure across the company. Vacation Time is a plus but the hours are a killer. Asset Managers can also work for hedge funds, which typically combines outside capital with capital contributed by partners of the fund. The holidays vary throughout the company, which can be hard on people. Most days are about 11 hours, others longer. The bonus pool is questionable, the freeze on hiring and promotions seemed to set everyone straight. Overall it is a good place.

Cons

Massive amounts of layouts and sporadic communicatiion bring down moral

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.

See reviews by: Helpful|Rating|Date|All