State Street Client Operations Associate reviews

3.1

7% would recommend to a friend

(58 total reviews)
avatar

Ronald O’Hanley

97% approve of CEO

7% positive business outlook

Client Operations Associate employees have rated State Street with 3.1 out of 5 stars, based on 58 company reviews on Glassdoor. This indicates that most Client Operations Associate professionals have a good working experience there. State Street is rated in line with the average (within 1 standard deviation) by Client Operations Associate professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

58 reviews
5.0
Apr 12, 2009
Recommend
CEO approval
Business Outlook

Pros

Given the group or unit you are assigned to there can be significant opportunities for fast advancement. In 2007/2008 when the economy was trucking along there was very consistent movement in USIS fund accounting and you could expect a promotion in 9M-1+1/2YRS and another promotion again in the same time. The benefits package is great and you are with a company which offers many programs for networking and learning. Depending on your career path you can have your higher education paid for! If you enter the company in the US Investor Services side you can eventually move to training, asset management, and other specialized internal units which service others. If this is your first job out of college it's a great introduction to the office environment. Many younger workers are on the floor of the mutual fund accounting area and it can make for a lively environment which helps to resolve the periodic increases in stress on the job. Certain times of year may mean long hours but that is traded if with periods of less activity. If movement within your unit is lacking, be sure to use the internal job board to go after the promotion and raise you deserve. Take notes and learn what your doing! Take advantage of internal education classes and mentorship programs, a guaranteed way to get noticed.

Cons

Currently there is a hiring freeze, I believe the freeze will be up within 6 months to a year but that along with the survival of the company is dependent on the financial sector. Chances for survival looked a little grim there when we were down to <$10. The job can be stressful and 48+ hour weeks occasionally do happen(which you will be paid well for). There are chances that the client base of USIS will be shrinking for a few months after the recovery fully takes hold. There are units where the older employees don't care about moving up, which doesn't allow the younger employees room for movement. That is when you need to use the job board and actively pursue your promotion.

4.0
Dec 23, 2008
Recommend
CEO approval
Business Outlook

Pros

-education reimbursement 100% -large company -internal mobility - you can post for a new position every year . -laid back -nice people young -good programs for mentoring and career development if you chose to take advantage. -2 paid volunteer days per year

Cons

One disadvantage is the pay is lower than average. Moving from senior to account manager most people take a pay cut because of the overtime you can get as a senior vs salary of an account manager. you have to work whenever the stock market is open.

2.0
Nov 12, 2008
Recommend
CEO approval
Business Outlook

Pros

Great place to begin a career. Good start for those just graduated. If you work REALLY hard you sometimes get rewarded, but not often enough for the effort.

Cons

NO work/life balance. Expected to work whenever and not able to take certain days off during the year, especially during the last two weeks of the year. When promoted, not supported by upper management to do a good job. Like a revolving door with people coming in and going out.

Viewing 55 - 57 of 58 Reviews

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