Do not outsource at the cost of quality - Anonymous employee State Street Employee Review

4.0
Jun 24, 2012
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

One of the largest custodian banks of the world, providing opportunities of holistic learning into the the custody and Asset Management businesses. Serves the biggest names in the Investment Industry.

Cons

Job instability: Outsources work to an IT company in India. Quality and transparency are at stake.

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.

1.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

They offer resources for learning.

Cons

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

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