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State Street
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376 reviews

State Street Employer Reviews

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Senior Associate- NACC1 ETF Team
Senior Associate (Current Employee), Boston, MAAugust 3, 2014
• Manage and provide training to an ETF accounting team contributing to the net asset value (NAV) calculation
• Review work processed by team of accountants including: dividend accounting changes, distribution postings, securities litigation postings, fixed-income accruals
• Monitor and validate any resulting (NAV) or cash component impacting events
 – more... Liaise with custodians and client to resolve income discrepancies between cash payments received and accounting income due
• Calculate and report cash in/ out due to client and authorized participant in custom in-kind basket ETF creation/ redemption process – less
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Restricted per confidentiality
Tax administrator and others (Former Employee), Boston, MAAugust 3, 2014
Pros: good vacation package
Cons: low pay
Depend on your department, a work day can be stressful specially during peak demand. Internal mobility within various departments yield various skills; however many incompetent managers lead to high turn over ratio. Co-workers are great but frequent lay off dashes job security.
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Good environment to demonstrate leadership and initiatives
Lead Internal Management Consultant (Current Employee), Boston, MAJuly 30, 2014
Good environment to demonstrate leadership and initiatives
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Worked through college.
Tax Analyst (Current Employee), Boston, MAJuly 29, 2014
Pros: flexible work hours.
Cons: part time.
I was a bank teller all through college and a little after. At the time it was only a part-time position and I was commuting from Cape Cod to Fairhaven everyday which was not ideal.
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Organised
Fund Accountant (Current Employee), Cape TownJuly 28, 2014
The priority is to perform monthly reconciliations on funds.
I have learned how various funds work and perform. My Microsoft Excel skills has increased substantially as a by product of my daily duties.

Co-workers are motivated and there is a great sense of team.

The hardest part of my job may essentially be sourcing information that is not immediately – more... available but also exciting exploring various avenues to get what is required.

The most enjoyable part is completing all duties within a very slim time frame. – less
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Client facing internship
Global Client Services Analyst (Former Employee), Boston, MAJuly 28, 2014
This particular group within State Street Global Services doesn't necessarily bring in the most revenue for STT, but it was a great place to intern. This team services the business development arm of State Street's Investment Management Services and was a great place to intern and gain some client-facing experience.
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Fun at work
Senior Financial Analyst (Current Employee), BangaloreJuly 23, 2014
Pros: sodexos and cabs
Cons: project merging
Nice to work here for almost one and half year
•a typical day at work
•what you learned
•management
•your co-workers
•the hardest part of the job
•the most enjoyable part of the job
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Hardest part of the job
Client Operations Administrator (Current Employee), Quincy, MAJuly 21, 2014
Pros: lots of vacation time
Cons: short breaks
The lack of new technology. This creates a frustrating environment and often times results in errors that could be avoided with more up to date software.
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Opportunities for growth
Human Resources / Event Coordinator Intern (Former Employee), Boston, MAJuly 14, 2014
Great experience; inclusive workplace; interesting and meaningful work; changing workload; great networking events
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OK
Associate II (Former Employee), Boston, MAJuly 10, 2014
Worst job ever. Terrible culture and pay. I wish I had never taken that job, almost ruined my career.
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Good perks, but all depends on manager
Executive Assistant (Former Employee), Boston, MAJuly 8, 2014
Pros: holidays & health ins.
Cons: managers can be tough & work you to bone without any thanks
Got good review, but chance to advance within company wasn't easy. Hoping that has changed by now.
Great health insurance (at the time, anyway) & annual reviews.
Great holidays off.
Everything depends on your own manager. E.g., even if others leave early the day before a holiday, your manager may not allow it.
Work/life balance needs to be more promoted – more... within the company. – less
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Good work/ life balance
Senior Financial Analyst (Current Employee), Boston, MAJuly 1, 2014
State Street is a good place to work with great work/ life balance. The coworkers at the company tend to be really nice and helpful.
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more than just a bank
Desktop Support Analyst (Former Employee), Boston, MAJune 30, 2014
Cons: i was a contractor who was wrapping up
satisfy the user’s needs. Friendly and professional Global enterprise.
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Productive and very busy day
Senior Client Service Representative (Former Employee), Quincy, MAJune 29, 2014
Pros: work from home
Cons: n/a
A typical day at work is coming in the am and following up on prior day's issues.

What I learned from management is always be accountable.

The hardest part of the job is when your peers call out sick and your workloads double.

The most enjoyable part of my job is speaking with the clients and resolving their issues
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Dynamic, results oriented individual with extensive financial operational experience. Broad expertise in complex fund structures. Strong track record
Manager – Client Operations (Former Employee), Boston, MAJune 28, 2014
• Managed a portfolio of funds with twenty billion in total assets consisted of multiple sub advisor relationships for various investment products.
• Facilitated quarterly FAS reporting and audit verification through direct communication with investment managers and brokers for the client(s).
• Calculated nightly Net Asset Value (NAV) of mutual funds – more... that consisted of actively managed and fund of funds.
• Created new effective procedures that aided with time management and increased efficiency of the NAV.
• Increased the NAV deadline of 7pm from 72% to above 96%.
• Performed internal audit reviews of funds in compliance with GAAP standards.
• Interviewed potential candidates and provided feedback to upper management.
• Trained new hires with various systems and reporting platforms.
• Delegated projects to offshore teams with weekly follow up meetings on its progress and achieving deadlines. – less
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The silo
Account Manager (Former Employee), Boston, MAJune 16, 2014
You are very siloed off and there aren't many chances to advance.
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Great first job out of college
Manager (Former Employee), Boston, MAJune 12, 2014
State Street was a great first job and a great place to obtain experience in a lot of different areas.
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Very nice working environment
Analyst Intern, Investment Solutions Group (Former Employee), Boston, MAJune 7, 2014
very supportive team. interesting project. hardworking people.
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State Street Tax
Tax Manager (Current Employee), Boston, MAJune 6, 2014
Pros: great people to work with, relaxed environment
Cons: tough place for advancement
State Street Tax is a pretty good place to learn about RIC tax and to manage different types of people. They are much more automated in their tax processes then any other job I have worked at. However, advancement is tough to achieve.The major plus with working with SSB tax is the great people you work with and the relaxed environment.
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I enjoyed the interaction with knowledgable professionals in the private equity accounting field
Senior Associate (Former Employee), BostonJune 2, 2014
I thoroughly enjoyed the challenge of providing excellent client service within private equity equity accounting and seeing the final product in the financial and capital statements delivered to the individual limited partners.