Great stable buy-side bank. - Fund Accounting Manager State Street Employee Review

4.0
Nov 16, 2008
Recommend
CEO approval
Business Outlook

Pros

This large, stable, American financial services company is an excellent place to develop a long term career within the so-called buy-side of the street. The company's focus on institutional investors provides opportunities to learn about complex investment strategies used by sophisticated investors, yet still allow a decent work-life balance away from work.

Cons

This company is very much Boston-based. Away from Massachusetts, opportunities for advancement are few and a branch office mentality is evident. The company does not do an effective job at retaining young talent, often giving them great assignments to develop themselves, only to see them walk away for more money in different departments or competitors.

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5.0
Feb 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Pay, Benefits, Time off, Flexibility

Cons

I can't think of any

1.0
May 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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