State Street

Senior Software Engineer – Backend Platforms, Vice President (Wealth Custody & Clearing)

State Street  •  $120k - $203k/yr  •  Boston, MA (Onsite)  •  6 days ago
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Job Description

Whowe are

State Street’s Wealth Custody & Clearing (WC&C)business delivers institutionalgrade custody, clearing, and platform services to wealth managers, brokerdealers, and financial institutionsAs WC&C continues to scale its digital and cloudnative platforms, we are building modern, resilient backend systems that support highvolume financial transactions, real-time data access, andregulatory gradecontrols.

We are seeking a Senior Software Engineerto provide technical leadership across our backend and data platforms, shaping architecture, engineering standards, and system reliability for missioncritical wealth technology.

As a senior technical leader within the WC&C Technology team, you will architect, design, and lead the development ofhigh-scale,low-latencydistributed systemsin acloud nativeenvironmentThis roleoperatesat a staff/principal level, influencing architecture and engineering practices across multiple teams and domains.

You will partner closely with product, data, risk, and business stakeholders to deliver financialgrade systemsthat meet stringent requirements for accuracy, availability, security, and regulatory compliance.

Core Responsibilities

  • Architect and lead the development of high scale,low latencybackend systemssupporting custody, clearing, and wealth platforms

  • Define and enforce engineering standards, architectural patterns, and system design principlesacross backend teams

  • Drive the long-termtechnical vision and architecturefor distributed systems and data platforms

  • Partner with product, data, and business leaders to translate complex requirements into scalable technical solutions

  • Mentor senior engineers and serve as a technical multiplier, raising the overall engineering bar across the organization

  • Lead critical incident response, performance optimization, and system reliability initiatives for production platforms

  • Evaluate, recommend, and introduce new technologiesaligned with WC&C’s strategic and regulatory objectives

  • Ensure systems meet enterprise expectations for resiliency, observability, auditability, and security

Required Experience

  • 9+ yearsof backend software engineering experience, with a strong record of building and scaling distributed systems

  • Demonstrated experienceoperatingat a Staff or Principal Engineer level, influencing multiple teams or technical domains

  • Provenexpertisedesigning systems with high availability, fault tolerance, and strong data consistency guarantees

  • Track recordof ownership over largescale architecture decisionsandlong-termsystem evolution

  • Experience working in production criticalenvironmentswhere reliability, accuracy, and operational excellence are paramount

Domain Expertise – Wealth & Financial Services

  • Strong understanding of wealth management, brokerage, or financial services platforms

  • Familiarity with core financial concepts, including:

  • Portfolio management and rebalancing

  • Trading systems and order lifecycle management

  • Market data ingestion and processing

  • Account structures, tax optimization, or retirement products

  • Experience building systems requiring high precision (e.g., monetary calculations), full auditability, and regulatory compliance

  • Working knowledge of financial regulations or standards (e.g., SEC, FINRA, GDPR) is a strong plus

Technical Skills

  • Deepexpertisein Java, Spring Boot, and microservices basedarchitectures

  • Strong experience with cloud platforms (AWS preferred)and container orchestration (Kubernetes)

  • Proficiencywith data storage technologies, including PostgreSQL, distributed data stores, and caching layers

  • Handson experience with event drivenarchitectures, messaging systems (e.g., Kafka), and API design

  • Strong understanding of system design tradeoffs, including consistency, latency, scalability, and resiliency

Education

  • Bachelor's or Master'sdegree in computer science, Engineering, Mathematics, or a related field

  • Equivalent practical experience will be considered

Why State Street

  • Work on institutional gradeplatformsthat support global wealth and custody markets

  • Influence architecture and engineering standards at enterprise scale

  • Partner closely with senior technology, product, and business leaders

  • Competitive compensation, benefits, andlong-termcareer growth opportunities

Salary Range:

$120,000 - $202,500 Annual

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the 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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