Pros
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
Cons
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.