Pros
State Street is a good place to get a start. In the beginning, the learning curve is difficult as those with a non-finance related background may have trouble learning the ins and outs of bank operations. But there is a sense of achievement when SOP is finally learned and carried out efficiently. A very laid back position is taken in terms of vacation time and the benefits are outstanding. Limited tuition reimbursement is also available but with many conditions.
Cons
Under appreciation and the rate of compensation is a little unreasonable. Opportunities for growth are limited unless you are willing to commit in full to a long finance career at State Street. Cost cutting is a major issue for State Street even when healthy profits are reported. Layoffs are recurring in the company even in times of general prosperity.