Fund administrator - Fund Administrative State Street Employee Review

3.0
Oct 8, 2013
Recommend
CEO approval
Business Outlook

Pros

1.Very great work/life balance, or should I say too great.if it is not in peak time, you only need to spend like 2 hours max to do the daily job. and you can do whatever you want for the rest of the time. 2. In BPO or AIS departments, 90% of the employees are girls who just graduated from college/\university. So it is good if you are single guy and looking for gf. They love foreigners!!! 3. Good for female new graduates!!! Stable job, friendly work environment. 4. Most of the managers are easy going. They do not really have too many rules in the office. Well, some of them do not know /care what their teams are actually doing. So they rely heavily on some of the associate 2 or AM.

Cons

1. Like other SS division, very low pay and practically no bonus . If you are assigned from Boston or UK. Then it is a paradise here. Company will pay for your rent. I know all the experts or VP lives either in luxury hotels/condos. you got the $ salary instead of ¥. But if you hired locally. Then it definitely is a nightmare. The compensation is below the local average!!! After deducting your rent and food spending, you basically have no money left!!! 2. Limited career advancement. Honestly, if you and your supervisor/unit head are buddy-buddy. Then you should be promoted very quickly. But most of the time, senior management keeps hiring team leader externally instead of promoting us internally. They like ppl who have fancy experience but do not care how much they know of custody/fund accounting. And junior associates just felt like they are just a bunch of ass kissers who pretend to know everything. 3. Daily job is like an assembly line. You can work here for quite a few months and have no clue what you r doing.

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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