A straightforward opinion - Custody Fund Accountant State Street Employee Review

2.0
Feb 13, 2009
Recommend
CEO approval
Business Outlook

Pros

It's fairly easy to get a job if you know someone working there, it's right in the middle of Boston and T-accessible, the benefits are decent, and the job itself is pretty straightforward.

Cons

Some workgroups are extremely cliquely and promote a "frat boy" atmosphere, the work is based solely on routine (they don't explain what your funds are or why they're recorded in a certain manner) and it's hard to be promoted without playing office politics. The pay was low, even for entry-level work.

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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