Alternatives and Private Markets Software Engineering and Development 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
3 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Above market

How this pay compares to similar roles

Similar $200k
This role $226k
$156k most similar roles pay here $296k

This role pays more than 85% of similar roles. Most pay $185,500–$214,000 — the shaded band above. At the midpoint, this role pays about $226k versus about $200k 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 Software Engineering and Development Lead

The Alternatives and Private Markets Software Engineering and Development Lead, MD will lead the Alternatives & Private Markets Technology organization. This executive role involves defining and executing the technology strategy, delivery roadmap, modernization agenda, and operational excellence for a complex portfolio of Alternative Investment products. The leader is responsible for end-to-end engineering delivery, including application development, quality engineering, release management, and production support while managing global teams and technical budgets. Key responsibilities include driving cloud adoption, architecture simplification, DevSecOps, and AI-enabled productivity to improve scalability and reduce technology risk. The role requires expertise in software engineering, platform modernization, and infrastructure. The position addresses critical business problems within the Middle Office domain, specifically focusing on investment operations, transaction management, reconciliation, fund accounting, investor services, reporting, and meeting various regulatory obligations for private markets and alternative investments.

What you'll do

  • Define and execute the long-term technology strategy for the Alternatives & Private Markets platform ecosystem.
  • Drive platform modernization, cloud adoption, architecture simplification, and large-scale transformation programs.
  • 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.
  • Align technology priorities with business outcomes by partnering with product, risk, and operations leadership.
  • Lead and develop a global organization of engineering, architecture, and production support professionals.
  • Manage technology budgets, strategic investment plans, and vendor relationships to maximize business value.

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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