Assistant Vice President, Corporate Audit (Current Employee), Boston, MA – April 29, 2013
Pros: 4 weeks of vacation standard for officers and above in corporate audit
Cons: staff travel for 2-3 weeks at a time on global projects, making having a family difficult
Benefits are generally good and salaries are competitive, but the economic climate in recent years has left many without a pay raise several years in a row (as of 2013). Large performance reviews are conducted bi-annually, and smaller reviews are conducted on a project-by-project basis. State Street has made a significant effort to push flex hours and – more... telecommuting, which is evident in the culture. It's not uncommon to see 50% or more of the office working from home on Fridays. – less
Project Analyst / IT Support (Officer) (Current Employee), Boston, MA – April 28, 2013
Pros: wfh occasionally
Cons: no raise, no job security, lots more...
OK. Coworkers are good. Not much else. One of the oldest cities in the United States, Boston was founded on the Shawmut Peninsula in 1630 by Puritan colonists from England. It was the scene of several key events of the American Revolution, such as the Boston Massacre, the Boston Tea Party, the Battle of Bunker Hill and the Siege of Boston. Through – more... land reclamation and municipal annexation, Boston has expanded beyond the original peninsula. After the coming of American independence the city became an important port and manufacturing center, and a center of education and culture as well. Its rich history helps attract many tourists, with Faneuil Hall alone attracting over 20 million visitors. Boston's many "firsts" include the United States' first public school (1635), and first subway system (1897).
The area's many colleges and universities make Boston an international center of higher education and medicine, and the city is considered highly innovative for a variety of reasons. Boston's economic base also includes finance, professional and business services, and government activities. The city has one of the highest costs of living in the United States, though it remains high on world livability rankings. – less
Mutual Fund Senior Custody Specialist (Former Employee), Quincy, MA – April 21, 2013
Pros: friendly people and helpful environment
Cons: there was a lot of downtime during the day.
Everyday was the same at State Street because we processed investment transactions and followed specific guidelines. I learned a lot about the securities industry from how companies invest and what they invest in.
Senior Associate (Former Employee), Boston, MA – April 16, 2013
Pros: working independently on multiple tasks
Cons: changing systems with little training
Planning and prioritization my day with multiple tasks Effective communication and being flexible. Enjoy working in a group environment but at the same time working independently Constant change Working independently with little or no supervision, staying busy and working on projects
Officer/ISO Analyst/BC Analyst (Current Employee), Quincy, MA – April 16, 2013
Pros: close to home, benefits, worklike, community service
Cons: no advancement
I have been with State Street Corporation for a long time. I enjoy the people and the company but I wish to advance in the field of business continuity and there are no opportunities for advancement in this role at my company.
Executive Assistant (Former Employee), Boston, NY – April 15, 2013
Pros: corporate discounts with various vendors
State Street is a very community conscious company that is very involved with giving Grants to our immediate communities through the Philanthropy committee which I was a member of and volunteer efforts through the Global Outreach Committee which I was also a member of and believe their employees should be giving back to their surrounding communities. – more... SST also believes in helping employees have a balanced home and work place environment. My co-workers were very friendly and I would often help them learn differnet software programs they were not familiar with. I enjoyed being part of the client relationships along with my Manager. I learned that it is important for all of us to be Globally conscious of the differences of people and that we can all work together. – less
Transaction Process Manger (Former Employee), Kansas City, MO – April 8, 2013
Cons: people selling the work dont know the work.
Good place to work, wish there was more flexibility. Day to day every position has thing due and deliverables to clients. Local management is really good but some have been promoted to quickly. One of the best parts of the jobs are the co-workers are great!!
Fund Accountant (Former Employee), Princeton, NJ – March 27, 2013
Pros: great benefits
I've learned great problem solving skills. Management is fantastic and is so easy to work with. My co-workers are the best, they help making the jobs a lot more fun. Every job has it's up and down unfortunately.
Vice President - GlobalLink Technology Sales (Former Employee), Boston, MA – March 27, 2013
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing.
Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can – more... rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.
As your strategic partner, we will help you embrace opportunities and mitigate challenges, making your company more effective and resilient. We’ll give you access to market-leading platforms, analytical tools and integrated services, as well as our expertise and market insights. Whether you have everyday needs around risk, data and transparency, or complex challenges related to regulation and struggling markets — we’ll face them together and come out stronger.
Our long-standing client partnerships are a testament to our success. We’re proud that on average, our top 100 clients have been with us for more than 20 years. – less
Conversion Manager (Current Employee), Princeton, NJ – March 27, 2013
Pros: work 2 days a week from home, flexible work life balance.
Cons: increasing health care cost, diminishing opportunities
I work in a team that is spread across the globe which makes it challenging to schedule meetings and develop relationships. I currently act as a key liaison to the client, a subject matter expert and a project manager. I have received a lot of valuable experience and training in my current role both in terms of project management and client services. – more... I have a great relationship with my clients and co workers but the industry has faced a lot of challenges in the past and I'm looking for a fresh start. – less