Software Engineering Manager – Custody Platforms

State Street

Hybrid

Quick summary

Work type
Hybrid
Location
Quincy, MA
Salary
$120,000–$217,500 / yr
Posted
1 day ago
Closes
Jun 30, 2026

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $198k
This role $169k
$105k most similar roles pay here $261k

This role pays less than 75% of similar roles. Most pay $168,337–$227,113 — the shaded band above. At the midpoint, this role pays about $169k 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 124 open roles on FindRole.

Listed pay typically runs $120,000–$180,000 across 123 roles with salary data.

Most-posted roles

View all roles at State Street

At a glance

TL;DR · Software Engineering Manager – Custody Platforms

The Software Engineering Manager role at a leading financial services firm involves leading engineering teams responsible for the design and delivery of core custody and securities processing platforms. This position requires driving end-to-end development cycles from solution design to production release, ensuring quality and compliance in a complex, regulated environment. Key responsibilities include technical oversight, Agile practice embedding, risk management, and fostering a culture of excellence among software engineers. The ideal candidate should have extensive experience with mainframe technologies (z/OS, COBOL) and distributed systems (Java, Linux), as well as expertise in database design and cloud-based data platforms. They must also excel in leadership, communication, and strategic execution while balancing technical depth and people management skills. This role demands a deep understanding of custody platforms and securities processing, with a focus on modernization initiatives and hybrid architecture environments.

What you'll do

  • Drive end-to-end delivery of custody platform initiatives from design to production.
  • Ensure technical solutions meet quality, resiliency, and compliance standards.
  • Embed and improve Agile practices for backlog management and sprint execution.
  • Manage delivery risks, communicate impacts, and implement mitigation strategies.
  • Lead modernization initiatives for mainframe-to-cloud integration and API enablement.

What we're looking for

  • Proven technology leadership in custody platforms or securities processing.
  • Expertise in mainframe (z/OS) and distributed systems (Java, Linux).
  • Deep knowledge of database design including Db2, Oracle, and cloud-based platforms.
  • Experience architecting hybrid environments integrating mainframes with cloud.
  • Strong background in system design, data models, and enterprise integration patterns.
  • Success in leading high-performing engineering teams and mentoring engineers.
  • 10+ years experience in technology or program management within financial services.

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