International Fund Services Reviews | Glassdoor

International Fund Services Reviews

Updated April 15, 2019
82 reviews

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2.7
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Scott FitzGerald
14 Ratings

Employee Reviews

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Pros
  • "Work-life balance is achievable, I guess" (in 11 reviews)

  • "Good work life balance, work from home, vacation days, benefits" (in 8 reviews)

Cons
  • "Red tape is crazy, little to no career development" (in 4 reviews)

  • "Little knowledge of what was going on at corporate level" (in 2 reviews)

More Pros and Cons

  1. "Great company to work for if you want a relaxed environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Very friendly coworkers, easygoing, and job is not stressful

    Cons

    Minimal career growth opportunities for ambitious individuals


  2. "Operations associate II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Associate II in New York, NY
    Former Employee - Operations Associate II in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at International Fund Services full-time (More than 3 years)

    Pros

    -WFH full time.
    -4 weeks vacation + 3 personal days + 5 sick days + birthday day off

    Decent place to start your career and get your foot in the door if you’re looking to gain some product exposure. I got good enough work experience to now work at a hedge fund.

    Coworkers were mostly good people to work with and supported each other (this is excusing upper management)

    Cons

    Little to 0 room for growth after your first year or 2. Yearly bonuses and raises are minimal and they had a freeze on promotions for 2.5 years out of my 3 years working there.
    They make it clear that they aren’t hiring replacements in New York. If people leave and are looking to Indian resources to replace the production.

    I don’t know who I’m writing this review for because they made it very clear they are not hiring in New York.

    The atmosphere is toxic at this point as most of my group as left and grew frustrated with the lack of appreciation of our work.

    Advice to Management

    Get to understand your employees and support their growth. Invest the young and motivated as opposed to waiting for the older folk to leave to avoid paying severance. Fill in lower management on the future instead of being vague and giving blanket answers of “we need to cut costs and invest in technology”. Give the employees some kind of reason to be optimistic about the future.

  3. "Poor place to begin career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Tax Specialist, Associate in New York, NY
    Former Employee - Tax Specialist, Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at International Fund Services full-time (More than 5 years)

    Pros

    Relaxed environment outside of tax season/estimate season. Plenty of WFH and flex time.

    Cons

    Training is abysmal. Reviews are overly harsh. This is not a place to come before gaining more meaningful experience in public accounting. They will expect you to know how to do things with the smallest amount of informal training, then grill you for not knowing how to do it, and suggest maybe you should sit for your CPA to learn (yet the company provides little to no support for CPA candidate classes/exams sponsorship). There is a core group that has been with the company for years, and advancement from the lower level is damn near impossible. There are accountants there with little knowledge themselves, but merely got in when things were better.

    Advice to Management

    Stop hiring young employees you cannot train and have no interest in developing.


  4. "Great place to start out of college"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Officer in Boston, MA
    Current Employee - Officer in Boston, MA

    I have been working at International Fund Services full-time (More than 3 years)

    Pros

    Good work life balance, work from home, vacation days, benefits

    Cons

    Long working hours, a lot of turnover, lack of quality workers, sub par culture


  5. "A Generic Office Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in Boston, MA
    Current Employee - Senior Associate in Boston, MA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at International Fund Services full-time (More than a year)

    Pros

    Option to work from home. 401k immediately vested. Generally young middle management. The locations in Boston are very close to public transport and food. There will always be something to do so extreme boredom at work is actually not a worry.

    Cons

    Functional silos. Multiple old technology platforms used for daily work. The workplace itself is relatively quiet and dull. Trying to use State Street's internal social network platform is extremely difficult.

    Advice to Management

    As of now, upper management should be much more transparent about which jobs will move and disappear over time. People fear turnover because it is such an unknown and the timeline for moving jobs overseas is unclear. Future job security, especially at entry levels, where people would like to see a chance to grow, is iffy.


  6. Helpful (1)

    "Company culture is toxic. Pros do not come close to outweigh the cons."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at International Fund Services full-time (More than 3 years)

    Pros

    There is a pretty good work life balance, lots of vacation, WFH and very good benefits. OT available for certain situations.

    Cons

    Pay and culture. Mid-level management does not care about their employees. If you want to come in, punch the time clock and not speak to anyone, this is your job. If you want to have friendly colleagues and management who will at the very least say good morning and good night as they come and go, this is not the place for you. Whether that is a pro or con, is up to you. I regularly have gone days where my mangers who sit within arms reach do not even say a word to me when he/she arrives/leaves. Extremely depressing work environment.

    Advice to Management

    Change the culture from the top. Most of senior level management are like-able, relatable people. But mid level management are extremely selfish, anti-social which overall fosters an unhealthy work environment.


  7. "NAV Specialist"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at International Fund Services full-time

    Pros

    Great people, trading desk environment

    Cons

    Overtime likely at month end

    Advice to Management

    N/A

  8. "Good place to work. Learned a lot"

    StarStarStarStarStar
    Former Employee - Senior Associate in New York, NY
    Former Employee - Senior Associate in New York, NY

    I worked at International Fund Services full-time (More than 5 years)

    Pros

    Lots of training. Good exposure to products and technology.

    Cons

    Tough industry to work in.

    Advice to Management

    Set reachable goals and incentivize.


  9. "VP Software Delivery Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at International Fund Services full-time (More than 5 years)

    Pros

    4 Weeks + Birthday + 3 Personal days off!
    New CIO is starting the shake things up in what seems like a positive disruption.

    Cons

    Work is not very interesting. ESP our new internal data mart is intended to dumb down the work even further.
    Very political environment
    No sense of job security, we are just numbers.
    99% of IT work force are out and in sourced are from India. 0 diversity. $/person is most important attribute for work force.

    Advice to Management

    You need to make a major adjustment to your people and show you truly value them. Having social media events and such to look like you are giving back is only talk. You need to have a reality check of how the street thinks of you. State Street has a horrible reputation the world over.

    If you open up an office in the midwest and import 100% of the workers from India, how is this giving back to the community? If you only hire Indian contractors across all of your IT departments, guess what, you no longer have a diverse work force and all they do is say "yes." While you no longer have anyone dissenting when bad ideas are brought up, you also do not get bad ideas stopped before you spend millions of $ on them.


  10. "Trade Operations Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Solid opportunity to see a multitude of product types and portfolio strategies, depending on your client base. This position can be a good launchpad into other jobs

    Cons

    High turn-around, long hours. Culture can be tense, and/or negative.

    Advice to Management

    Invest into the employees that are carrying your teams. Too often, there is one employee taking the bulk of the workload, and little incentive for other members to assist.