Head of Investment Accounting Engineering, MD

State Street

Quick summary

Work type
On-site
Location
Boston, MA
Salary
$170,000–$282,500 / yr
Posted
3 days ago
Closes
Sep 9, 2026

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $198k
This role $226k
$134k most similar roles pay here $298k

This role pays more than 64% of similar roles. Most pay $150,000–$245,662 — 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 145 open roles on FindRole.

Listed pay typically runs $120,000–$188,750 across 143 roles with salary data.

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View all roles at State Street

At a glance

TL;DR · Head of Investment Accounting Engineering, MD

The Head of Investment Accounting Engineering at State Street Alpha will lead the development and operation of a cloud-native investment accounting platform supporting multi-asset class operations globally. This role involves designing scalable systems for petabyte-scale data processing, high-throughput event handling, and ensuring financial correctness. The ideal candidate has extensive experience in enterprise investment accounting, cloud architecture (preferably Azure), distributed computing, and modern DevOps practices such as CI/CD and Kubernetes orchestration. Key responsibilities include defining platform strategy, leading engineering teams to build robust accounting components, driving technology adoption aligned with business needs, and implementing AI capabilities for maintainable systems. The role also requires strong leadership in scaling multi-disciplinary engineering teams, ensuring compliance with regulatory frameworks, and partnering with finance and product teams to meet budget targets.

What you'll do

  • Define and execute the long-term vision for a next-generation investment accounting platform.
  • Lead engineering teams in building cloud-native, event-driven architectures for real-time processing.
  • Drive adoption of AI-led practices to create maintainable systems with embedded AI capabilities.
  • Ensure platform reliability, scalability, auditability, and cost efficiency through automated DevOps models.
  • Partner with Product and Operations to define data models, SLAs, and controls for integration across systems.

What we're looking for

  • 20+ years of software engineering experience with at least 10 in investment accounting or financial platforms.
  • Deep expertise in cloud-native architectures, APIs, and distributed systems, including hands-on DevOps practices.
  • Strong leadership skills for building, coaching, and scaling multi-disciplinary engineering teams globally.
  • Proven ability to deliver large-scale finance/accounting platforms with a focus on reliability, scalability, and auditability.
  • Experience implementing AI tools within accounting workflows and driving AI-led engineering practices in development.

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