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Senior Engineering & Development

State Street

Boston, Massachusetts permanent

Posted: April 9, 2026

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Quick Summary

Design and develop software applications in the Securities Finance and Risk Management environment, providing solutions to multiple internal organizations with minimal management guidance.

Job Description

Senior Engineering & Development (multiple positions) (State Street Bank and Trust Company; Boston, MA): Will serve as a senior level developer to work in the area of Securities Finance and Risk Management initiatives. Analyzes, designs, and develops software applications in IBM Mainframe environment to support Securities Finance and Risk Management infrastructure. Specific duties include: Providing solutions to single and/or multiple internal organizations, with minimal management guidance; Providing technical expertise in analyzing, designing, estimating, and developing software applications to project schedule; Creating technical project plans and deliverables and monitoring task deadlines; Providing technical subject matter expertise in reviewing, analyzing, and resolving complex issues; Responsible for resolution, communication, and escalation of critical technical issues; Preparing user and systems documentation as needed; identifying and recommending Industry best practices; Working in a team of agile developers on complex deadline driven projects with minimal supervision; Develop and optimize CICS (online applications) and Batch processing using Enterprise COBOL and Enterprise PL/I; Lead integration efforts using API programming (micro-services), MQ, and Connect:Direct (NDM) within Mainframe environment to re-platform legacy functionalities and integrate with distributed systems; and Troubleshoot and resolve complex production issues using tools such as IBM Debugger, Fault Analyzer, Omegamon, and File Manager. Hybrid remote telecommuting permitted pursuant to Company policy.

Minimum Requirements: Master’s degree or equivalent degree in Computer Science or a related field; plus 6 years of post-Bachelor's progressive IT experience (can be pre- or post- Master's degree.). Alternatively, will accept a Bachelor’s degree or equivalent degree in Computer Science or related field; plus 8 years of post-Bachelor's progressive IT experience.

Total experience above must include the following: 6 years of relevant experience in the following technologies at a design lead and developer level: IBM Mainframe, Enterprise COBOL, CICS and Batch Programming, API Programming , JCL, IBM Rational Developer for zOS, OPC, IBM DB2 and VSAM. Must also have: Solid knowledge of Securities Finance and Risk Management; Demonstrated expertise on SQL, SPUFI, Query Monitor, Data Studio, File Manager, SPUFI, Veracode, Fault Analyzer, Omegamon, and IBM Debugger, Connect Direct NDM, FTP, sFTP, MQ; Solid understanding of end-to-end software architecture, design, development and implementation in IBM Mainframe environment; Demonstrated experience with continuous integration and build process, test automation and deployment; Demonstrated solid written and verbal communication skills; Demonstrated experience writing, reviewing technology documents including user guides; Proven ability to work effectively on a team of agile developers on complex deadline driven projects with minimal supervision; Ability to design/develop with minimum requirements by effectively coordinating activities between business analysts, scrum leads, developers and managers; and Ability to provide agile status notes on day-to-day project tasks. (Unless otherwise indicated, State Street is seeking the stated ability in the skills listed above with no specific number of years or amount of experience required. All experience can be gained concurrently.)

To apply to this position, you must click the “Apply” button on this page and complete the online application.  An EOE.

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Salary Range:

$161,603 - $180,000 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.

Discover more information on jobs at StateStreet.com/careers

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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.

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