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

State Street • Boston, MA

21h

About The Position

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. 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.

Requirements

• 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
• 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

Nice To Haves

• Working knowledge of financial regulations or standards (e.g., SEC, FINRA, GDPR) is a strong plus
• Equivalent practical experience will be considered

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

Benefits

• 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
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees