State Street

Head of Investment Accounting Engineering, MD

State Street  •  $170k - $283k/yr  •  United States (Onsite)  •  2 hours ago
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Job Description

The Head of Investment Accounting Engineering will lead the design, development, and operation of a modern,cloud native,scalable investment accounting platform supporting multi-asset class accounting, data management, controls, and reporting across global investment operations.This platform willoperate at global, multi-tenant scale and must support petabyte-scale data processing, high-throughput event handling, and strict financial correctness guarantees. This role is ideal for a seasoned engineering leader with deep expertise incloud architecture (especially Azure), distributed computing,investment accountingcapabilities, data architecture, and enterprise platform modernization withinenterprisecapital markets and asset servicing environments.

The ideal candidate combines strong domain knowledge inenterpriseinvestment accounting (e.g., ABOR/IBOR,event processing,corporate actions, reconciliations, cash management), technical excellence, and strategic leadership toscale teams, processes, andbuild platforms that enable accuracy, scalability, transparency, andauditability

This leader ownsreliability, scalability, auditability, and cost efficiency as first-class outcomes.

Charles River Development empowers investment firms worldwide with a cloud-based platform that streamlines and automates the investment process across asset classes. As part of State Street Alpha, we bring together data, technology, and services to help clients make confident decisions and scale with agility. Our open ecosystem and global support model enable investment professionals—from portfolio managers to private markets specialists—to navigate complexity and drive innovation. At Charles River, we thrive on collaboration, continuous improvement, and a shared commitment to shaping the future of financial technology.

Key Responsibilities

  • Define and execute the long-term vision andplatform strategyfor a next-generation investment accountingproduct

  • Lead engineering teams building accounting platform components including accounting engines, rules frameworks, event processing, reconciliation, and reporting services.

  • Drive selection and adoption of technologies (e.g., Snowflake, Kafka,Postgres, Kubernetes, Redisor similar) aligned with business requirements and cloudnative best practices.

  • LeverageAItools and vendorstodrivebuildsandcreate easilymaintainable systems

  • Drive adoption of AI-led engineering practices (e.g., agent-based development, automated testing, code generation)

  • DevelopembeddedAI capabilitieswithinaccounting workflows (e.g., reconciliation, anomaly detection, data access)

  • Implementcloud-native, event-driven architectures enabling real-timeprocessingcapabilities.

  • Deliver against tight platform-level SLOs/SLIs for availability, latency, and data correctness, and ensure systems are designed for resilience, fault tolerance, and deterministic processing

  • Ensure platform incorporates highly automated DevOps, Implementation, Product Security and SaaS operations models

  • Partner with Product and Operations to define accounting data models, SLAs, and controls.

  • Lead integration across front, middle, and back-office systems.

  • Fulfill all banking controls, auditability, and regulatory compliance frameworks.

  • Build, mentor, and scale a multidisciplinary engineering organization attracting top engineers.

  • Representengineeringstrategy to executive leadership, aligning with firm goals

  • Partner withwithFinance, FinOps, and Architecture teams to meet/exceed all budget requirements for the product

Required Qualifications

  • 20+ years of software engineering experience, including 10+ years in investment accounting or financial platforms.

  • Proven experience delivering large-scalefinance/accountingplatforms.

  • Deep knowledge of accounting processes, NAV, reconciliations, and multi-asset support.

  • Experience with cloud-native architectures, APIs, and distributed systems.

  • Handson background in modern DevOps, Product SecurityandDataOpspractices: CI/CD, container orchestration (Kubernetes), infrastructure automation, and observability.

  • Hands onexperienceworking withand implementingAItools(LLMs, Agents,etc)

  • Familiarity with security, regulatoryand compliance frameworks

  • Strong peopleleadership skills: team building, coaching, and creating highperformance cultures across geographies.

  • Experience partnering withmultipleenterprise application teamsin global settingsto deliver endtoend solutions.

  • Experience working with Finance and Product teams to estimate, gain approval of, and meet budget / P&L targets

  • Exceptional communication skills with the ability to articulate complex technical concepts to executives.

Preferred Experience

  • Experience with enterprise accountingand OMSplatforms such as Aladdin, Geneva, orSimCorp

  • Experience with AWS, Azure, or GCP.

  • Familiarity with regulatory reporting requirements.

  • Experience with large-scale onboarding and migration programs.

  • Engineering or Finance degree.

Success Indicators

  • Delivery of performant,scalable, highly automated,andsecureinvestment accounting platform.

  • Delivery of MVPs across multiple sales models

  • High degree ofdeployment and supportautomation

  • Minimized data latency and performance

  • Full client adoption and alignment with strategic initiatives.

  • High-performing engineering team growth and retention.

  • Clear roadmap execution, cost efficiency, and alignment withProductinitiatives.

  • Significant acceleration of delivery timelines using AI

Salary Range:

$170,000 - $282,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street

About State Street

At State Street, we deliver leading investment platforms, data, expertise, and solutions that accelerate performance and better decision making.

With over 200 years of global financial leadership, we equip institutional investors through a comprehensive suite of capabilities:

Investment Services: Integrated front-to-back solutions across custody, accounting, and operations.

Investment Management: Index and active strategies from one of the world’s largest asset managers.

Markets: Multi-asset trading, FX solutions, and data-driven research to enhance portfolio value.

Who We Are

• 50,000+ employees worldwide

• Active in 100+ markets

• #1 in ETF servicing

What You’ll Find Here

• Executive perspectives and thought leadership

• Timely market commentary and macro insights

• Our views on investment operations, ETFs, private markets, and digital finance

• Stories reflecting our culture, values and commitment to diversity and inclusion

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Boston, Massachusetts
Year Founded
1792
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