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.

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5.0
Feb 11, 2026
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Pros

Pay, Benefits, Time off, Flexibility

Cons

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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.

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