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 5, 2026
Recommend
CEO approval
Business Outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

1.0
May 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

See reviews by: Helpful|Rating|Date|All