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

State Street
Boston, MA

Whowe are

State Street’sWealth Custody & Clearing (WC&C)business delivers institutionalgrade custody, clearing, and platform services to wealth managers, brokerdealers, and financial institutions.As 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 aSenior Software Engineerto provide technical leadership across our backend and data platforms, shaping architecture, engineering standards, and system reliability for missioncritical wealth technology.

Role Summary

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

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

Core Responsibilities

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

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

  • Drive thelong-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 atechnical multiplier, raising the overall engineering bar across the organization

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

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

  • Ensure systems meet enterprise expectations forresiliency, observability, auditability, and security

Required Experience

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

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

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

  • Track recordof ownership overlargescale architecture decisionsandlong-termsystem evolution

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

Domain Expertise – Wealth & Financial Services

  • Strong understanding ofwealth 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 requiringhigh 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

  • DeepexpertiseinJava,Spring Boot, andmicroservices basedarchitectures

  • Strong experience withcloud platforms (AWS preferred)andcontainer orchestration (Kubernetes)

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

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

  • Strong understanding ofsystem 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 oninstitutional gradeplatformsthat support global wealth and custody markets

  • Influence architecture and engineering standards atenterprise 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 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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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.

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