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

STATE STREET CORPORATION; Princeton (NJ); On-site; USD 120,000 - 203,000; Full time

Benefits offered by this job

401K with company match

Health, dental, vision insurance

Paid time off

Job summary

State Street Corporation is seeking a Senior Software Engineer to provide technical leadership across WC&C backend and data platforms, designing high-scale, low-latency systems in a cloud-native environment.

You will mentor engineers, drive architecture standards, and collaborate with product, risk, and business stakeholders to deliver compliant, reliable wealth technology.

Qualifications

• 9+ years backend software engineering experience, with a strong record of building and scaling distributed systems.
• Staff/Principal Engineer level experience influencing multiple teams or technical domains.
• Deep expertise designing systems with high availability, fault tolerance, and data consistency guarantees.
• Experience in wealth/financial services domain is a strong plus.

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 for distributed systems and data platforms; mentor engineers and lead reliability initiatives.

Skills

Java

Spring Boot

Microservices

Cloud (AWS)

Kubernetes

PostgreSQL

Distributed data stores

Caching

Kafka

API design

Education

Bachelor's or Master's degree in CS/Engineering/Math

Tools

AWS

Kubernetes

Apache Kafka

Job description

Who we areState 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 SummaryAs 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 ResponsibilitiesArchitect and lead the development of high scale, low latency backend systems supporting custody, clearing, and wealth platformsDefine and enforce engineering standards, architectural patterns, and system design principles across backend teamsDrive the long-term technical vision and architecture for distributed systems and data platformsPartner with product, data, and business leaders to translate complex requirements into scalable technical solutionsMentor senior engineers and serve as a technical multiplier , raising the overall engineering bar across the organizationLead critical incident response , performance optimization, and system reliability initiatives for production platformsEvaluate, recommend, and introduce new technologies aligned with WC&C’s strategic and regulatory objectivesEnsure systems meet enterprise expectations for resiliency, observability, auditability, and securityRequired Experience9+ years of backend software engineering experience, with a strong record of building and scaling distributed systemsDemonstrated experience operating at a Staff or Principal Engineer level , influencing multiple teams or technical domainsProven expertise designing systems with high availability, fault tolerance, and strong data consistency guaranteesTrack record of ownership over largescale architecture decisions and long-term system evolutionExperience working in production critical environments where reliability, accuracy, and operational excellence are paramountDomain Expertise – Wealth & Financial ServicesStrong understanding of wealth management, brokerage, or financial services platformsFamiliarity with core financial concepts, including:Portfolio management and rebalancingTrading systems and order lifecycle managementMarket data ingestion and processingAccount structures, tax optimization, or retirement productsExperience building systems requiring high precision (e.g., monetary calculations) , full auditability, and regulatory complianceWorking knowledge of financial regulations or standards (e.g., SEC, FINRA, GDPR ) is a strong plusTechnical SkillsDeep expertise in Java , Spring Boot , and microservices based architecturesStrong experience with cloud platforms (AWS preferred) and container orchestration (Kubernetes)Proficiency with data storage technologies , including PostgreSQL, distributed data stores, and caching layersHandson experience with event driven architectures , messaging systems (e.g., Kafka), and API designStrong understanding of system design tradeoffs , including consistency, latency, scalability, and resiliencyEducationBachelor's or Master's degree in computer science , Engineering, Mathematics , or a related fieldEquivalent practical experience will be consideredWhy State StreetWork on institutional grade platforms that support global wealth and custody marketsInfluence architecture and engineering standards at enterprise scalePartner closely with senior technology, product, and business leadersCompetitive compensation, benefits, and long-term career growth opportunitiesSalary Range:$120,000 - $202,500 AnnualThe 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 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/careersRead our CEO StatementJob 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.