Senior Software Engineer – Backend Platforms, Vice President (Wealth Custody & Clearing)
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
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
Required Experience
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
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
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
Education
Bachelor's or Master's degree in computer science, Engineering, Mathematics, or a related field
Equivalent practical experience will be considered
Why State Street
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
Salary Range:
$120,000 - $202,500 AnnualThe 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 StreetAcross 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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Skills Required
- 9+ years of backend software engineering experience
- Experience operating at a Staff or Principal Engineer level
- Proven expertise designing systems with high availability and fault tolerance
- Track record of ownership over large scale architecture decisions
- Experience in production critical environments
- Strong understanding of wealth management or financial services platforms
- Deep expertise in Java and microservices architectures
- Strong experience with cloud platforms and container orchestration
- Proficiency with data storage technologies
- Hands-on experience with event-driven architectures and messaging systems
- Strong understanding of system design tradeoffs
State Street Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.
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Retirement Support — Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
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Leave & Time Off Breadth — Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.
State Street Insights
What We Do
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future
