Pros
Hours are very easy and the benefits are pretty good.
Kontras
Oh god, where do I start? First of all, they hire people who couldn't care less about their job, the industry, the client, even their own careers. As someone who is very interested in Financial markets, I found this job to be embarrassing. I would literaly prefer to say that I'm unemployed than to say I work in Fund Accounting. The pay is terrible. It's far below other custodians. Bonuses are a joke (max 2500). For both years I was there, I had perfect reviews but extremely depressing bonuses. And as a top performer, I can honestly say that I was more likely to get laid off than to get promoted - that's how much upper management cares about their investor services division. If back office work is bad, State Street probably has the worst out there. If you really don't give a **** about your career, then this would be the perfect place. Otherwise, do yourself a favor and only apply to SSGA or SSGM because those are the only 2 legitimate areas of State Street.