Pros
State Street is a great place to start when you first start out working, but not for in the long term. The people here are generally young and vibrant. Employees are nice and friendly. Management knows their stuff and actually are quite good at their fields. Benefits are decent. Location is flexible.
Cons
State Street has a robotic environment where work is all about clicking buttons. You don't even need to know what you are doing as long as you know which button to click and when to click it. Macros run the place and everyone does their work but really has no clue what is going on. Your work here and everything that you learn will be meaningless once you leave State Street. Work is repetitious and meaningless to the employee, they expect the same work everyday. You can take classes, but classes are catered to State Street systems, for better or worse. Salary is low, pay is universially 32K as a starting point - State Street is known for low pay. Raises and promotions are a joke. Morale is very low, my entire team is seeking new employment.