Good starting job. - Fund Accountant Associate I State Street Employee Review

4.0
Nov 29, 2009
Recommend
CEO approval
Business Outlook

Pros

Good starter job. It's definitely a job for recent graduates. Much of the work population in the Fund Accounting departments are young professionals, so it's easy to fit in with your coworkers. The work isn't hard, so it's a good way to be introduced to a corporate atmosphere. My experience with management in my group has been good. They are always positive, understanding of personal obligations, and are constantly striving to improve efficiency within the group. However, I have friends in other groups who don't share my opinion.

Cons

Extremely monotonous. Once you get the hang of the job, you do the same thing over and over. If you're satisfied with a job that won't challenge you, then Fund Accounting is a good long-term option.

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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