State Street Client Operations Manager, Senior Associate reviews

3.1

7% would recommend to a friend

(41 total reviews)
avatar

Ronald O’Hanley

97% approve of CEO

7% positive business outlook

Client Operations Manager, Senior Associate employees have rated State Street with 3.1 out of 5 stars, based on 41 company reviews on Glassdoor. This indicates that most Client Operations Manager, Senior Associate professionals have a good working experience there. State Street is rated in line with the average (within 1 standard deviation) by Client Operations Manager, Senior Associate professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

41 reviews
3.0
Aug 11, 2010
Recommend
CEO approval
Business Outlook

Pros

State Street has a good corporate culture and my favorite part about my job is the people that I work with. Also, the benefits are currently good.

Cons

The company is evolving into centralized processing i.e. mindless data entry with little variety in your day to day work. I cannot see how they expect to still require a degree for entry level positions in the future.

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.

Viewing 37 - 39 of 41 Reviews

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