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Software Engineering & Development

State Street

Quincy, Massachusetts permanent

Posted: May 12, 2026

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Quick Summary

As a Software Engineering & Development expert, you will work with our risk management team to design, develop, and deploy applications that leverage data from our trading systems to drive business growth and compliance. You will be responsible for leading a team of developers and working on high-impact projects that require expertise in software engineering, data integration, and risk management. This is an ideal opportunity for a seasoned developer with a strong technical background to join our team and make a meaningful impact.

Job Description

Software Engineering & Development (State Street Bank and Trust Company; Quincy, MA): Will work in a senior development role to develop applications that synthesize data from State Street’s varied trading and reference systems, perform simulation, pricing, and aggregation, and report the results for regulatory and risk management purposes. Will lead a team of geographically distributed developers to deliver solutions to State Street business problems in the risk domain and is expected to be “on call” 24/7 to be an escalation contact if there are production failures. Specific duties of the position include: Designing and implementing fault tolerant architectures to optimize operational resiliency for both batch and real-time environments; Performing component design using object-oriented paradigms; Performing hands-on proof-of concept development with Big-Data technologies, specifically in the areas of statistical processing of large volume numeric data, in-memory aggregation, and machine learning; Understanding the structure of existing systems to accomplish tactical and strategic business objectives within aggressive timelines; Developing scum master skills/Agile development methodology in engineering teams; Mentoring junior developers across geographically diverse locations and identifying and addressing issues and conflicts in an effective way; Leading a matrix of geographically distributed developers and architecting large scale systems; Designing and implementing High Volume data processing stack including end to end processing structures for data integration, transformation, statistical analytics and reporting/UI; and Working with advanced database programming including building generic frameworks, Oracle queues, and object collections. Hybrid-remote telecommuting permitted pursuant to Company policy.

Minimum requirements: Bachelor’s degree, or its equivalent, in Computer Science, Computer Engineering, or another directly related technical field; plus 5 years of experience as a Software Engineer or other occupation providing relevant experience. Alternatively, employer will accept a master’s degree, or its equivalent, in Computer Science, Computer Engineering, or another directly related technical field; plus 3 years of experience as a Software Engineer or other occupation providing relevant experience.

Must have: Demonstrated experience designing and implementing fault tolerant architectures to optimize operational resiliency for both batch and real-time environments; Demonstrated experience in Agile development methodology and scrum master skills in engineering teams; Proven knowledge of Proof-of-concept development in the areas of statistical processing of large volume numeric data, in-memory aggregation and machine learning; Demonstrated experience understanding the structure of existing systems to figure out means of accomplishing tactical and strategic business objectives within aggressive timelines; Demonstrated experience in designing and implementing large volume data processing frameworks; Demonstrated experience in advanced database programming including building generic frameworks, Oracle queues, and object collections; and Proven knowledge of databases, ETL, J2EE, JMS, service-based design concepts, UNIX, architecture of large scale systems and matrix management of geographically distributed developers. (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:

$178,131 - $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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