Who we are looking for
We are seeking a Software Engineering Lead (AVP) to provide hands‑on technical leadership for custody and securities processing platforms, with a strong focus on mainframe‑based systems. This role combines deep technical expertise, Agile delivery, and day‑to‑day guidance of small development teams supporting mission‑critical applications.
Work Arrangement: North Quincy, MA
What you will be responsible for
As the Software Engineering Lead – Custody Platforms:
Design, develop, and maintain applications using COBOL, PL/I, JCL, DB2, CICS, MQ, and batch processing frameworks
Provide hands‑on support for testing cycles and production issues, including job abend analysis and log review
Deliver technical leadership across architecture, system design, and code quality, including active participation in design and code reviews
Embed and continuously improve Agile delivery practices across backlog management, sprint execution, and release planning
Lead and mentor offshore mainframe developers while remaining hands‑on across development, testing, and production support
Apply Agile (Scrum/Kanban) methodologies to improve delivery predictability, efficiency, and quality
Drive increased automation and straight‑through processing, including the use of AI and Agentic AI to enhance exception management, reconciliation, and operational efficiency
What we value
These skills will help you succeed in this role:
Excellent critical thinking, problem‑solving, and decision‑making capabilities in complex environments
Proven software engineering experience supporting custody platforms, securities processing, or post‑trade systems (e.g., settlements, asset servicing, corporate actions)
Strong debugging, performance optimization, and problem‑solving capabilities
Experience leading junior developers, including extensive code review and technical mentorship
Strong communication and collaboration skills, with the ability to work effectively across global teams
Excellent critical thinking and decision‑making skills in complex technical environments
Education & Preferred Qualifications
Bachelor’s degree in Computer Science, Engineering, Finance, or a related field.
3+ years of experience working in an Agile delivery environment
5+ years of experience in technology roles within financial services
Strong hands‑on mainframe development experience with PL/I, COBOL, DB2, JCL, and working knowledge of CICS, MQ, and batch processing Extensive software development experience with SQL and stored procedures
Extensive experience with SQL and stored procedure development
Salary Range:
$90,000 - $157,500 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.
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.
Skills Required
- Bachelor's degree in Computer Science, Engineering, Finance, or a related field
- 3+ years of experience in an Agile delivery environment
- 5+ years of experience in technology roles within financial services
- Strong hands-on mainframe development experience with PL/I, COBOL, DB2, JCL
- Working knowledge of CICS, MQ, and batch processing
- Extensive experience with SQL and stored procedure development
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.
-
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.
-
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.
-
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
.png)






