State Street Employee Reviews

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Org that hires good people, but doesn't retain talent
Senior Investment Accountant (Former Employee) –  Toronto, ON4 July 2017
Daily and monthly processes are pretty standard for a fund administrator. Good place to learn the ropes, and start off your career. Compensation was lacking, and a lot of the good employees leave in a short period of time.
Pros
Foosball Table
Cons
Compensation was not competitive
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A good place to start your career
Junior Trade Processor (3 months Contract) (Former Employee) –  Toronto, ON26 June 2017
State Street is a big company, which is a good choice for new graduates to start their career. However, the company is a good place to grow your career since it is cutting down its team size and cares little about its tempory workers
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Fund accounting
Investment Fund Accountant (Current Employee) –  Montréal, QC6 June 2017
extremely high turnover
constantly understaffed
no budget for hiring lower level staff who are actually doing the work but managed to put in place new AVP and team lead so that they can better manage the ppl
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Salary is not great, bonus terrible, good insurance and decent pension
Senior Investment Accountant (Current Employee) –  Montréal, QC4 June 2017
Administer pension/hedge/mutual funds and ETFS including applying expenses capstock and striking NAV at the end of day\
leart a lot on excel macros and formulas
management is not totaly qualified,
Pros
Overtime is payed
Cons
Salary
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work under pressure
Associate (Former Employee) –  Montréal, QC22 May 2017
Nice people around you. However, you work too much under pressure and get burned out easily. Days are often too intense. There are multiple deadlines during the day... might be stressful.
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Productive and fun place to work
Research Intern (Former Employee) –  Toronto, ON16 May 2017
It was a great experience working at State Street!

My manager and my colleagues were very professional, friendly and helpful. They always supported me during my projects.
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Advancement and work/life balance
Fund Accountant (Current Employee) –  Krakow20 April 2017
Hours vary depending on workload. It is difficult to plan activities or join groups

There are few supervisory and management positions so advancement opportunities are limited.
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not recomended
Financial Reporting and Taxation Associate (Former Employee) –  Toronto, ON5 April 2017
Tons of works and over times. not even be able to have a lunch before 3 pm on daily basis. constant management level changes, people overall not intend to stay.
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Overall good experience
Reporting Analyst(Associate) (Current Employee) –  Toronto, ON15 March 2017
Pricing,time management,reporting,data analysis, Pnl on Funds,Bloomberg/Reuters exposure plus various other vendors. Exposure to market activities amongst securities such as Fixed income,equities etc
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Client Management
Senior Client Operations Associate (Former Employee) –  Toronto, ON9 March 2017
Good place to start your career right after university . After a few years however there is minimal job advancement as well as low morale among employees.
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Customer service
Fund Accountant (Former Employee) –  Toronto, ON7 March 2017
great place to work, culture was great and people always smiles. Fund account are balance. accounts not balance. management was great.greag taking on new customer accounts
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Young Job Environment
Fund Accountant (Current Employee) –  Montréal, QC3 March 2017
Learned a lot from an entry level position with many other employees with similar career paths. Very good place to learn and acquire knowledge for your future.
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Transfer Agency Canada
Sr. Associate - team leader (Former Employee) –  Toronto, ON26 February 2017
Day to day are very long hours, Overtime is normally not paid even if you worked more than 8 hours. Must be approved in advanced but it is never approved. I learned nothing from this company, You need to be self educated. They show you a few things but no training. Because they have too many clients and not enough employees. The most difficult part of the job was to be productive after 8 or 9 hours.
Health and dental benefits are very good. Location is good too.
HR is supportive too.
Pros
location, benefits
Cons
very very long hours. No balance for work/life.
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Great culture
Manager of Trade Processing (Former Employee) –  Toronto, ON18 February 2017
worked with large pension funds and processed their daily trade volume. Followed up with any trade breaks until settlement.
Very busy daily trade volume made for hectic days.
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Work Life Balance encouraged
Sr Associate - Skills Training (Current Employee) –  Toronto, ON18 February 2017
Flex Work option available based on tenure and department.

Located in the Financial District of Downtown Toronto , great place to Network
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Horrible company to work for
Client Operations Associate (Former Employee) –  Toronto, ON15 February 2017
I will not recommend anyone to work for State Street, it is very well known a sweat shop, with very low pay and heavy workload.
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Work culture than balance
Investment Accountant (Former Employee) –  Toronto, ON1 February 2017
Good starting place out of university. Work is monotonous, turnover usually high and not challenging at all. Benefits are ok, co-workers tend to be young and fun.
Cons
long hours
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Good place to work
Lead Senior Shareholder Servicing Administrator (Former Employee) –  Toronto, ON30 January 2017
Long hours
Fast-paced
The management team is fair
People are friendly and willing to assist you
The pay is average and there is room for growth
Overall it is a good place to work
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stability of the job
Financial accountant (Former Employee) –  Down town Toronto19 January 2017
This is my first full time job after University. It is a very stable job with good benefit and pay. But quit for the family during maturity leave. This is the field I have studied for, but I enjoy dealing with customer more and it is a 9-5 office job meanly reviewing the financial trades.
Pros
good benefit
Cons
distance is also the mean reason I did not go back
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Great
Risk Monitoring Associate (Former Employee) –  Toronto, ON12 January 2017
It was a awsome place to work where I learned a lot. It was a good place to start your career and build your knowledge base about the financial industry.
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