State Street Employee Reviews

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4.0
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Great company with a great reputation
Senior Manager, Business Analysis (Current Employee) –  Toronto, ON26 November 2018
- forward thinking and positioning themselves well in the era of digital and data
- friendly colleagues
- culture not as rigid as a lot of other banks
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5.0
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Friendly and supportive yet professional work environment
Manager, Investment Accounting (Former Employee) –  Toronto, ON22 November 2018
Ideal for someone who wants to have a balance between work and family commitments. Excellent benefit package that covers the family members as well. Generous group pension plan.
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3.0
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Good place to work.
Senior Manager Investment Accounting (Current Employee) –  Toronto, ON6 November 2018
Good environment and management is very approachable and helpful, however it is a big disconnection between low level and upper management. Upper management forces practices and policies without consulting with lower management and without proper knowledge of the outcome of these policies. People are treated as numbers by upper management, however lower management puts tremendous efforts to fix upper management mistakes. People are worked very hard while compensation lack by much compared to competition.
Advise for upper management is to pay attention to talents and not let them go easily as it takes a very long time to get individuals at certain skills level. In the end having talented individuals translates on higher returns for investors. Cutting costs is effective when it applies at a certain degree to increase efficiency and not on everything as once you lose good people you will end up with poor results and you will lose the clients as well.
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4.0
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Good company
MANAGER, DESKTOP SERVICES (Former Employee) –  Toronto, ON26 October 2018
Enjoyed working with the people at State Street. Would recommend. this company although US based and run, it was overall a good experience for me and learning opportunity.
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4.0
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good work environment
Trade Processor (Former Employee) –  Toronto, ON25 October 2018
They provided good benefit for permanent employees such as dental insurance and reimbursement for massages, etc
good work environment as well
nice coworkers
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2.0
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Decent place to work - pay is low
Operations Specialist, Tax Associate (Former Employee) –  Toronto, ON15 October 2018
Pay is low and work is dull, good stepping stone. Worked in operations and stayed there for exactly a year then moved on to another role. Vertical movement is unlikely
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1.0
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Horrible management, no chance of advancement
Associate (Former Employee) –  Toronto, ON26 September 2018
Pay is much lower than industry average, you will be better off doing the same amount of work elsewhere.

The turnover is high and they will just work hard to implement outsource strategy, so there is not really any job security.
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4.0
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good company overall
Client Service (Former Employee) –  Toronto, ON22 August 2018
Great people to work with, good teamwork and cooperation. Tasks are challenging but help you grow and prepare for next job. In general, it was pleasant to work here.
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5.0
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Good Place to learn
Software Test Analyst (Former Employee) –  Toronto, ON14 August 2018
Good exposure to various technologies enabling a quick learning process.

A positive working environment

Team dynamics fostered positive thinking among everyone
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1.0
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its opertions
Global Cash Operations Intern (Former Employee) –  Montréal, QC10 August 2018
learn how money gets moved around.
Young people so it fun, great place to start off if you want to work in operations.Not too much work so a lot of free time.
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3.0
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Global Cash Operations Administrator
Senior Global Cash Operations Specialist (Former Employee) –  Montréal, QC6 August 2018
The team is mostly under 30 years old and the work environment is relaxed, good for recent graduates looking for an entry level position to get some experience or people looking to make some cash while studying for CPA/CFA. Work is very repetitive though and becomes boring after 6 months to 1 year. Compensation is only better than working as a teller. Turnover excessively high, no incentive o stay. Pension plan + healthcare + educational assistance are decent.
Pros
not stressful, overall people are fun to work with, good if you're studying
Cons
awful compensation, repetitive job
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4.0
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Perfect place to start in the financial services industry
Senior Global Cash Operations Associate (Current Employee) –  Montréal, QC14 July 2018
The work is not very challenging for someone looking for a job in financial services. We report cash and sweep available cash at end of day.

The salary is not very competitive but the workplace is fun and not very stressful.
Pros
fun environment
Cons
bad pay
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3.0
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boring work place and paid very low
Senior Reconciliation Associate (Former Employee) –  Toronto, ON5 July 2018
good thing about statestreet is they are very flexible for work from home. So if you have family with small kids, and money isnt most important, work here
Pros
work from home option
Cons
low paid
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2.0
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high staff turnover
Team Leader (Former Employee) –  Leader, SK4 June 2018
open work environment with flexibility to work from home, good place to gain industry experience. High staff turnover, long hours for some positions no overtime pay.
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2.0
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Stressful Environment
Associate, Operations & Management (Former Employee) –  Toronto, ON29 May 2018
A company that will make you work like a slave with very little room for growth.

Great place to get entry level experience and move out.

Extremely stressful Environment
Pros
Work from home
Cons
Long hours - with higher management not encourged to pay for overtime, Salary below industry standards
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3.0
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good
Business and Project Coordinator (Former Employee) –  Toronto, ON15 May 2018
good working environment, decent people to work with, relatively average pay and normal benefit.
Adequate employee improvement plan with a chance for improvement.
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2.0
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nice place to start out
Investment Accountant (Former Employee) –  Toronto, ON9 May 2018
this was a very good first job, but was not somewhere that I would want to stay for long. Although working from home was nice, i was not a huge fan of the work environment.
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3.0
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Good for experience, hard to build career here.
Fund Accountant (Former Employee) –  County Louth9 April 2018
I worked with a brilliant team of people at State Street, for the most part I really enjoyed my time there. Current freeze-hire in place for those working in the IFS branch of State Street - those who left were not being replaced and job advancement seemed to be out of the question. This made the job very stressful at times and despite taking on more work as each day went by, this was not rewarded financially or otherwise. Promotion only mentioned when I decided to hand in my notice but I had already felt undervalued at this time and I had made up my mind. Salary also lower than competing companies.

On the other hand, the work experience was great; I met some fantastic people and I learned a lot over the 2 years I worked there.
Pros
I can't think of any.
Cons
Long hours, underpaid and undervalued.
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5.0
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Great company
RISK MONITORING Sr. ASSOCIATE level 2 (Current Employee) –  Toronto, ON13 March 2018
Great place to work. Enjoy the challenge and always busy. Very fast placed. Attention to detail. Always learning. Change is almost an everyday occurrence, so you really need to be ready to adapt.
Pros
Amazing benefits and people
Cons
worked overnights..hard on everyday life balance
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2.0
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Decent overall
Sanctions Screening Associate (Former Employee) –  Toronto, ON28 January 2018
Great benefits. I learned a lot working at State Street Corp and have expanded my skillset by adding valuable knowledge of internal systems used Worldwide by financial institutions. Hands on experience with Anti Money Laundering applications. Decent overall.
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Overall rating

3.5
Based on 2,117 reviews
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