Alternatives and Private Markets Middle Office Software Engineering Lead

State Street

Confirmed live yesterday High trust

Quick summary

Work type
On-site
Location
Quincy, MAPrinceton, NJ
Salary
$170,000–$282,500 / yr
Posted
5 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Above market

How this pay compares to similar roles

Similar $198k
This role $226k
$156k most similar roles pay here $296k

This role pays more than 86% of similar roles. Most pay $185,500–$211,400 — the shaded band above. At the midpoint, this role pays about $226k versus about $198k for comparable roles.

Based on 240 similar postings.

Employer

About State Street

State Street Corporation is one of the world''s largest custodian banks and asset managers, providing investment servicing, investment management, and investment research to institutional investors. Industry: Financial Services & Asset Custody

State Street currently has 184 open roles on FindRole.

Listed pay typically runs $120,000–$202,500 across 180 roles with salary data.

Most-posted roles

View all roles at State Street

At a glance

TL;DR · Alternatives and Private Markets Middle Office Software Engineering Lead

As the Alternatives and Private Markets Middle Office Software Engineering Lead, MD, you will lead the Middle Office Technology organization in defining and executing the technology strategy, delivery roadmap, and modernization agenda. You will oversee end-to-end engineering delivery, including application development, quality engineering, release management, and production support for a complex portfolio supporting Hedge Funds, Private Equity, Private Credit, and Real Assets. Your daily work involves driving platform modernization, cloud adoption, architecture simplification, and DevSecOps practices to improve scalability and resiliency while reducing technical debt and risk. You will manage global teams of engineers and architects while partnering with business and product leaders to align technology priorities with investment outcomes. Required expertise includes software engineering, application architecture, cloud technologies, and deep knowledge of asset management and alternative investment operations within a high-stakes financial services environment.

What you'll do

  • Define and execute the long-term technology strategy for the Alternatives & Private Markets Middle Office platform.
  • Drive platform modernization, cloud adoption, and architecture simplification initiatives across the portfolio.
  • Manage end-to-end technology delivery including application development, quality engineering, and production support.
  • Improve system resiliency, scalability, and performance while reducing technical debt and cybersecurity risks.
  • Partner with business and product leaders to align technology priorities with organizational goals.
  • Lead and develop a global organization of engineering, architecture, and production support professionals.
  • Manage technology budgets, strategic investment plans, and vendor relationships for the domain.

What we're looking for

  • 15+ years of progressive technology leadership experience, including executive leadership of large-scale engineering organizations.
  • Deep experience within Asset Management, Asset Servicing, Alternative Investments, Private Markets, Capital Markets, or Financial Services.
  • Proven track record leading large technology transformation and modernization programs.
  • Experience managing global teams and complex stakeholder environments.
  • Strong knowledge of software engineering, application architecture, cloud technologies, platform modernization, and operational resilience.
  • Demonstrated success delivering mission-critical platforms supporting front, middle, or back-office investment operations.
  • Exceptional executive communication and stakeholder management skills.
  • Bachelor's degree in Computer Science, Engineering, Information Technology, or related field; advanced degree preferred.

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