At least its a job - Senior Associate State Street Employee Review

2.0
Nov 9, 2014
Recommend
CEO approval
Business Outlook

Pros

There are a lot of smart people in the company to learn from - but be quick before they leave.

Cons

Poor direction, breakdown of communication around the company, taking too many shortcuts to 'functionalise' the business. Rolling out and signing off changes to Op model by people who do not understand the current controls, and why they are in place. This results in lots of custom workarounds developed by varous smart people in the company, to accomodate the crap we are left to deal with. Control structure is changing. Previously people with an appropriate level of experience/knowledge in their respective area would signoff work on a daily basis. Now this is being rolled out to low cost centres, which in itself can offer great oppertunities to travel, but these low cost centres lack proper governance. We now have new 'in the door' employees in these centres acting as a 'preparer/reviewer' with little background knowledge to what they are doing, or an understanding of the implications of their work. Some training is provided, but to date there is very little sign of this being comprehensive and reviewed in full prior to implementing changes.

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.

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