State Street Officer Reviews

Updated 14 Sep 2020

To filter reviews, or .
3.5
55%
Recommend to a Friend
State Street President and CEO Ronald O’Hanley
Ronald O’Hanley
0 Rating
  1. "Accountant"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Accountant in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at State Street full-time for more than 5 years

    Pros

    Strong team environment. Supportive and flexible management support. Variety of responsibilities. Good benefits.

    Cons

    Chop and change easily on processes... Whilst change is good, there was a period when there was too much change.

    Continue reading
  2. "Client Service Officer"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Client Service Officer in Sydney
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at State Street full-time for more than 5 years

    Pros

    Big name to work for, able to learn different knowledge/skills with rotation program(think it’s no more now)

    Cons

    High turnover rate Micromanagement Management playing favourites Office bullying exist with no control from manager/AVP Work/life not balanced Under expected salary


  3. "Slow moving Ship"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Officer in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Gym subsidy, Educational reimbursement, ability to buy additional leave, increased super including life and TPD insurance that's included.

    Cons

    Super bureaucratic, slow moving, no one takes ownership and shifts blame, APAC is left in the cold regarding head count

    Continue reading
  4. "Client Service Manager"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Client Service Officer in Sydney
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at State Street full-time for more than 10 years

    Pros

    Good for a couple of years for inexperienced professionals. Potential to transfer to offices overseas. Lots of learning opportunities. All

    Cons

    Long hours, low pay, very stressful,only a select few get rewarded and recognized , very political, very hard to get things done as departments don't work effectively with each other, the good employees usually leave , senior ops mgmt.tend to get it wrong more often than not.

    Continue reading
  5. Helpful (5)

    "Avoid if you can"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Officer in Sydney
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

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

    Pros

    Large company so possibility of international moves. Good location in cbd. Free fruit on Tuesday's and Thursday's.

    Cons

    Ridiculously long hours are the rule and not the exception. Those who are willing to just accept that will get praise, those who refuse to give up their life when State Street says jump will be shunned. Lower pay than most competitors. Terrible middle management with no leadership qualities. Never experienced a lack of communication quite like it after 8 years in the industry. No training. Unbelievable rate of staff turnover. Severely under resourced. Consistently failing technology. Offshore IT support in different time zones make the simplest of issues drag on for days. Offshore processing means many errors leading to constant apologising to clients.

    Continue reading
  6. "exciting for the first few months only"

    3.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Fund Accountant, Associate I in Sydney
    Recommends
    Approves of CEO

    I worked at State Street

    Pros

    work environment was not too competitive. employees get along with each other pretty well. the job was not too hard. quite a good start for fresh graduates. for master's students, it was way too low to start in here.

    Cons

    the system used is solely for state street, unlike jp morgan or anz who use the same system. knowledge gained from state street (system wise) are not transferable. promotion opportunities are limited.

    Continue reading
  7. "Lots of room for movement and career development"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Officer in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very supportive of work from home and work life benefit

    Cons

    Pays lower then competition, and demands lots of hours

  8. "Plain Vanilla Financial Institution"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Credit Officer, Assistant Vice President - Real Money Funds in London, England
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at State Street full-time for more than 5 years

    Pros

    Corporate feel rather than IB, good work-life balance, approachable senior management

    Cons

    Fee-driven revenue instead of business growth

  9. "Nice Place to get your foot in the Financial Industry"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Financial Reporting Accountant in Toronto, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at State Street for more than a year

    Pros

    Fast Paced, Professional and lots of Employee Benefits from Corporate Brands

    Cons

    Everything has deadline and you need to finish it on time

    Continue reading
  10. "Good balanced employer"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Lead Finance Officer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good work life balance. People are approachable and friendly. Accommodating of those in different timezones

    Cons

    Systems and processes are archaic, although this is widely recognised. Minimal comp increases year-over-year

Found 570 reviews