Custody Assc - MoneyMarket Custody Associate State Street Employee Review

1.0
Jul 14, 2016
Recommend
CEO approval
Business Outlook

Pros

paycheck. location. not so much micro-management

Cons

lack of professionalism , low pay, no upper management support. upper management does not know how to proceed cash movement of the funds they actually handle, only associate 1 are expected to process cash at hourly deadlines. upper management doesn't have the processing knowledge to jump in and help when cash movement is backed up. They have an annual lay off.

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.

See reviews by: Helpful|Rating|Date|All