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State Street Fund Accountant Associate II Reviews

Updated 28 Sep 2018

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State Street President and CEO Ronald O’Hanley
Ronald O’Hanley
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  1. "Good experience. Low pay."

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Accountant, Associate II in Atlanta, GA
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

    I worked at State Street full-time for more than 3 years

    Pros

    Very flexible with schedule Work from home is an option Class A office Casual dress except for when clients visit 6% 401k match Lots of vacation time Good experience

    Cons

    Health insurance sucks Parking is $115/month Low pay No training

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    State Street2018-09-28
  2. "Hire more staff"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Fund Accountant, Associate II in Drogheda

    I worked at State Street

    Pros

    Friendly colleagues. Informal atmosphere. Good pension contributions, health insurance. Salary decent for location, annual leave very fair.

    Cons

    Overworked and understaffed. Outdated IT systems, too much manual work. Lack of training due to staff being so busy. It becomes a vicious circle. Work being outsourced to India.

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    State Street2018-08-08
  3. Helpful (6)

    "Associate - Singapore office"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Fund Accountant Associate II in Singapore
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at State Street

    Pros

    None other than the office in Capita Tower.

    Cons

    It's a very bad company to work with. - they do not value capable people. They value people who are good at talking and playing politics. That said, compensation, reward and recognition is not fair. If you're good at making yourself "seen" and can be submissive, this place is for you. You will be able to progress within the company fast. You don't need to be good at work. - state street Singapore works like a small company being affiliate of State street US. They will tell you they are MNC and is VERY big. But how big it is when policy is not clear. The global hq have policy over flexi work, compensation, study support and that are all for show. Only a few small teams in Singapore practise that. If you're in AIS team, forget it. The "top manager" just squeeze out of all the staffs to keep the budget to herself. If you're not their favourite, you basically can forget about anything more than basic salary. - smart people won't stay with the company. Because those less than that are around to make your life a hell in order to protect their interest. This in turn result in low quality of work delivered to clients and the cycle goes round. But if you're the less than capable and the boss's favourites, you'll be praised that you have done well and it's the client's problem. If you're a capable person, you'll be loaded with tasks and they will tell you that you haven't perform too well and have rooms for improvement.

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    State Street2017-05-22
  4. "Decent place to get your feet wet in the finance industry"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Fund Accountant Associate II in South Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at State Street full-time for more than a year

    Pros

    Benefits are good for all involved as vacation days, health care, maternity/paternity leave go well beyond industry averages. Working from home is also a perk to those who want to.

    Cons

    Fewer challenging tasks and it is difficult facilitating growth to higher earning analytical jobs. The benefits are such that it seems people work there primarily for the benefits and as a result there is a lot of unrealized potential

    State Street2017-01-12
  5. "Fund Accountant 2"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Accountant Associate II in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at State Street full-time for more than a year

    Pros

    Fast paced environment with opportunity to move laterally within the company and participate in training or continuing education programs.

    Cons

    Repetitive daily tasks without much variety or opportunity to be creative. Groups often operate in relative isolation with very little personal interaction.

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    State Street2016-12-04
  6. "Decent"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Fund Accountant Associate II in Dublin, Dublin
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at State Street

    Pros

    Easy, good start to career good for cv

    Cons

    Money is poor in comparison with similar roles in other companies

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    State Street2016-11-28
  7. "Mixed"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Fund Accountant Associate II in Dublin, Dublin
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at State Street full-time for more than a year

    Pros

    Reputable company so looks good on your Cv. Good team to work with, opportunity to get promoted if you get on with people and are seen to be working hard.

    Cons

    Poor training (as you shadow a more experienced ember of staff so if they aren't sure How To do it then you aren't either) which leads to errors and salary is average compared to other fund administrators. Repititve work day in day out. Don't engage in staff retention until someone hands in there notice.

    State Street2016-12-04
  8. "Functional specialist"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Fund Accountant Associate II in Boston, MA
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at State Street full-time

    Pros

    Work from hone - flexible schedule - young people- university classes

    Cons

    No promotion- lower pay in the market

    State Street2016-03-01
  9. "Opportunity is the key.."

    3.0
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    • Senior Management
    Current Employee - Fund Accountant Associate II in Boston, MA
    Recommends

    I have been working at State Street full-time for more than 3 years

    Pros

    Work from home, flexible hour, paid is okay,

    Cons

    hard to advance, unless someone leave or your group have opportunity,

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    State Street2016-01-28
  10. Helpful (1)

    "Active Associate 2"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Fund Accountant Associate II in Kansas City, MO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at State Street

    Pros

    Vacation Pay, Flexible Scheduling, Work from home access.

    Cons

    Long Hours, Short Staffed, Too much responsibility for too little pay.

    Continue reading
    State Street2016-01-10
Found 32 reviews