Don't Bother - Senior Fund Accountant State Street Employee Review

1.0
Jun 12, 2010
Recommend
CEO approval
Business Outlook

Pros

Decent experience if your a recent graduate The LRIF matching was a great benefit

Cons

Management! Management! Management! State Street has to have the worst managers in the business. Every one of the managers I worked under was either rude, moody or incompetent. And in one case it was all 3 at once! To make matters worse the Senior Managers never show their faces to you and don't seem to mind that the company has such a large turnover rate. Couple the problems with the managers with absolutely horrible pay rates and you get one awful place to work. The opportunities for advancement are also severely limited. Getting up to the level of Senior Fund Accountant is easy (if your manager likes you) but from there it is very difficult. Most of the managers are "lifers" who won't leave as they know they could not make it elsewhere.

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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