Pros
Despite the recent market turbulence I feel that STT is a growing, challenging place to learn and work. I have never felt that there was a period where I didn't have the opportunity to learn new services, products and systems. In the areas that do flex time, it is a great benefit that helps compenstate for the less than stellar compensation on the servicing side of the business.
Cons
The communication flow from senior management is not impressive. It was two and a half weeks after Lehman went under before we saw a company wide email from Ron Logue. Even within departments that I have worked, there is no clear communication of what the longer term vision is for the department other than make it to Friday. I understand that the marketplace is very dynamic right now but longer term vision seems to take a permanent back seat to daily operating survival tactics. Lastly, many of the lower level managers in place are not competent but merely placed in that role because "the req needed to be filled or we would lose it." That does not send a very comforting message to staff who are already in those roles and busted their humps to get there.