My experience as a Portfolio Accountant at State Street. - Recensione dipendente - Portfolio Accountant presso State Street

2,0
12 mar 2010
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

For this position, State Street provides overtime during heavy load times like Month-End. Generally, the work environment is pretty relaxed. Casual Fridays and monthly lunch parties were typical in my Fund Group

Svantaggi

The job is very mundane and repetitive. My experience was that management didnt really have a good grasp on what *exactly* were tasks they were doing. For example, many of my managers didnt know, or were unable to explain, the definition of standard things like, "term-loan", "swaps", "securities on loan." The explanation i *did* get, was how those things apply to State Street's functionality - which is not very useful when you are trying to expand your functional knowledge, or get a greater grasp of business fundamentals.

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5,0
23 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Svantaggi

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2,0
21 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Svantaggi

Layoffs, pay is low. Return to office mandate.

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