Has potential to be better. Needs the right people making decisions, sadly that's not how it is currently. - Assistant Vice President State Street Employee Review

2.0
22 Mar 2017
Recommend
CEO approval
Business outlook

Pros

You will learn to operate as a big business should, risk mitigation, "act like an owner", process improvement, etc. Lots of smart people that will blow you away with their knowledge.

Cons

Obscene expectations to be successful. Crazy hours and responsibilities. Lots of blame shifting when there are problems. Not many truly exercise the "one State Street" mentality. Custody business is dynamic and State Street's technology, although ahead of competitors, is behind client demand. Constant issues with technologies produce strain with clients, that is only burdened by the client facing teams.

Explore other reviews about State Street

5.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

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

Cons

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.

4.0
9 Jul 2026
Recommend
CEO approval
Business outlook

Pros

* Benefits * Flexible work arrangements * Great training programs * Global team

Cons

* Lower pay * Slow career advancement

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