What are the responsibilities and job description for the Senior Software Engineer – Backend Platforms, Vice President (Wealth Custody & Clearing) position at State Street?
Who We Are
State Street’s Wealth Custody & Clearing (WC&C) business delivers institutional grade custody, clearing, and platform services to wealth managers, broker dealers, and financial institutions. As WC&C continues to scale its digital and cloud native platforms, we are building modern, resilient backend systems that support high volume financial transactions, real-time data access, and regulatory grade controls.
We are seeking a Senior Software Engineer to provide technical leadership across our backend and data platforms, shaping architecture, engineering standards, and system reliability for mission critical wealth technology.
Role Summary
As a senior technical leader within the WC&C Technology team, you will architect, design, and lead the development of high-scale, low-latency distributed systems in a cloud native environment. This role operates at 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 financial grade systems that meet stringent requirements for accuracy, availability, security, and regulatory compliance.
Core Responsibilities
$120,000 - $202,500 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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure
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.
Job ID: R-787954
State Street’s Wealth Custody & Clearing (WC&C) business delivers institutional grade custody, clearing, and platform services to wealth managers, broker dealers, and financial institutions. As WC&C continues to scale its digital and cloud native platforms, we are building modern, resilient backend systems that support high volume financial transactions, real-time data access, and regulatory grade controls.
We are seeking a Senior Software Engineer to provide technical leadership across our backend and data platforms, shaping architecture, engineering standards, and system reliability for mission critical wealth technology.
Role Summary
As a senior technical leader within the WC&C Technology team, you will architect, design, and lead the development of high-scale, low-latency distributed systems in a cloud native environment. This role operates at 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 financial grade systems that meet stringent requirements for accuracy, availability, security, and regulatory compliance.
Core Responsibilities
- Architect and lead the development of high scale, low latency backend systems supporting custody, clearing, and wealth platforms
- Define and enforce engineering standards, architectural patterns, and system design principles across backend teams
- Drive the long-term technical vision and architecture for 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 technologies aligned with WC&C’s strategic and regulatory objectives
- Ensure systems meet enterprise expectations for resiliency, observability, auditability, and security
- 9 years of backend software engineering experience, with a strong record of building and scaling distributed systems
- Demonstrated experience operating at a Staff or Principal Engineer level, influencing multiple teams or technical domains
- Proven expertise designing systems with high availability, fault tolerance, and strong data consistency guarantees
- Track record of ownership over largescale architecture decisions and long-term system evolution
- Experience working in production critical environments where reliability, accuracy, and operational excellence are paramount
- 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
- Deep expertise in Java, Spring Boot, and microservices based architectures
- Strong experience with cloud platforms (AWS preferred) and container orchestration (Kubernetes)
- Proficiency with data storage technologies, including PostgreSQL, distributed data stores, and caching layers
- Handson experience with event driven architectures, messaging systems (e.g., Kafka), and API design
- Strong understanding of system design tradeoffs, including consistency, latency, scalability, and resiliency
- Bachelor's or Master's degree in computer science, Engineering, Mathematics, or a related field
- Equivalent practical experience will be considered
- Work on institutional grade platforms that 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, and long-term career growth opportunities
$120,000 - $202,500 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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure
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.
Job ID: R-787954
Salary : $120,000 - $202,500