Software Engineering & Development Lead for Investment Accounting, Vice President, Onsite

State Street Corp; Princeton (NJ); Hybrid; USD 125,000 - 226,000; Full time

Benefits offered by this job

401K with company match

Medical, dental, vision insurance

Life/ disability insurance

Paid time off & paid holidays

Employee Assistance Program

Job summary

State Street Corp is seeking an Application Engineering Agile Room Lead to drive modernization of a large-scale investment accounting platform. You will lead a global software engineering team, modernize legacy Windows VC++ systems to distributed architectures, and collaborate with business and technology partners to deliver strategic technology solutions.

The role emphasizes hands-on leadership, cloud-enabled delivery, AI-assisted development, and strong engagement with offshore and U.S. teams.

Qualifications

• 12+ years of experience in enterprise application development.
• Experience leading Agile software delivery teams and SDLC governance.
• Strong background in financial services and investment accounting workflows.
• Proven track record modernizing large-scale legacy systems.

Responsibilities

• Lead a software engineering team for a portfolio accounting and middle-office app.
• Plan and execute modernization from Windows VC++ to modern distributed architecture.
• Collaborate with stakeholders across global teams to deliver technology solutions.
• Translate business requirements into scalable, maintainable software.
• Oversee design, development, production readiness, and reliability.
• Lead Agile delivery including release planning and scoping across teams.
• Mentor engineers and drive technical excellence and innovation.
• Communicate strategy, progress, dependencies, and risks to leadership.
• Evaluate AI-assisted tooling and cloud services to improve delivery.

Skills

Leadership

Agile

Cloud adoption

Stakeholder communication

Mentoring

DevOps

AI-assisted development

Software architecture

Java

Visual C++

ReactJS

Education

Bachelor's degree in Computer Science or related field

Advanced degree preferred

Tools

Visual C++

Java

ReactJS

Spring Boot

Azure

AWS

Google Cloud

Oracle DB

GitHub Copilot

CI/CD tooling

Job description

Who We Are Looking For

State Street is looking for a hands-on Application Engineering Agile Room Lead to provide engineering leadership in the build-out, modernization, and enhancement of a large-scale, business-critical Investment Accounting platform. The candidate will work in a dynamic, fast-paced Agile team environment, partnering closely with business and technology teams across global locations.

The ideal candidate will bring deep experience leading software engineering teams responsible for complex enterprise applications, a strong understanding of financial services and investment accounting workflows, and proven success modernizing large-scale legacy systems. The candidate will help drive the evolution of the platform through modernization initiatives, adoption of contemporary engineering practices, and selective use of cloud capabilities where they deliver measurable business value.

What You Will Be Responsible For

As Software Engineering & Development Lead, Vice President you will:

• Lead a software engineering team responsible for enhancing and supporting a business-critical portfolio accounting and middle-office application.
• Drive the planning and execution of application modernization initiatives, evolving a Windows-based Visual C++ platform toward a modern distributed architecture with web-based user experiences and Java-based services.
• Partner with business stakeholders, product owners, architecture, infrastructure, and risk teams to deliver strategic technology solutions aligned with business priorities.
• Translate business and regulatory requirements into scalable, maintainable, and operationally resilient software solutions.
• Oversee solution design, software development, production readiness, and operational stability.
• Lead Agile delivery activities, including release planning, estimation, prioritization, and execution across global teams.
• Mentor engineering talent and foster a culture of technical excellence, accountability, continuous improvement, and innovation.
• Communicate technology strategy, delivery progress, dependencies, and risks to senior leadership.
• Evaluate and adopt modern engineering approaches, including AI-assisted development capabilities, automation tooling, and cloud services where appropriate to enhance development efficiency and platform capabilities.

Provide hands-on leadership and support during critical delivery initiatives and complex production challenges.

What We Value

These skills will help you succeed in this role

• Strong understanding of investment accounting, portfolio accounting, financial reporting, and related business processes within the financial services industry.
• Proven experience delivering technology solutions for financial services organizations, particularly in accounting, investment operations, regulatory reporting, or middle-office platforms.
• Extensive experience in enterprise application architecture and distributed systems design.
• Strong programming background in Visual C++ and Java, with demonstrated experience modernizing large-scale legacy applications.
• Database experience with current Oracle DB versions, including SQL, PL/SQL Development, and other Oracle services/features.
• Experience designing and implementing:
  • Event-driven architectures
  • Microservices and domain-driven design principles
  • High-performance and low-latency systems
• Strong understanding of transaction processing, reconciliation, data integrity, and accounting-centric system design.
• Experience building and operating large-scale distributed systems with high throughput and strong reliability requirements.
• Working knowledge of Azure cloud services and modern DevOps practices, with an understanding of how cloud technologies can support enterprise application modernization.
• Experience using AI-assisted software development tools such as GitHub Copilot or similar technologies to improve developer productivity, code quality, and software delivery effectiveness.
• Strong leadership, collaboration, and communication skills with the ability to influence technical and business stakeholders.

Education & Preferred Qualifications

These skills will help you succeed in this role

• 12+ years of experience developing enterprise applications and large-scale data processing solutions.
• Bachelor's degree in Computer Science, Engineering, Information Technology, or a related field. Advanced degree preferred.
• Experience working in multi-platform, multi-database, and multi-language application environments.
• Experience leading Agile software delivery teams and adhering to SDLC, governance, and risk management processes.
• Hands-on experience with modern web technologies, including ReactJS or similar front-end frameworks, as well as microservices concepts, including Spring Boot or similar platform.
• Experience designing and delivering enterprise solutions utilizing cloud platforms such as Azure, AWS, or Google Cloud.
• Familiarity with cloud-native services, CI/CD automation, infrastructure as code, application security, and observability practices.
• Experience with event-driven architectures, microservices, and service-oriented application design.
• Knowledge of modern software engineering practices, including automated testing, DevSecOps, and AI-assisted development workflows.
• Experience within the financial services industry, with exposure to investment accounting, financial reporting, regulatory reporting, or capital markets platforms strongly preferred

Additional Requirements

• Regular collaboration with offshore teams in India and China, as well as management and technical teams on the U.S. East Coast, is required.
• Demonstrated experience leading, motivating, coaching, and developing high-performing engineering teams.
• Strong interpersonal, communication, and collaboration skills, with the ability to build partnerships across business and technology organizations.

Work Requirement

• Onsite 2 days a week in office and three days remote
• Standard business hours aligned to project and stakeholder needs(8am to 5pm)

Salary Range

$125,000 - $226,250 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.

Job ID: R-794107