Fixed Income Cash Investment Management Product Engineering & Innovation Lead, VP II - State Street Investment Management
State Street is hiring a Fixed Income Cash Investment Management Product Engineering & Innovation Lead, VP II - State Street Investment Management in Boston, United States. It pays $120k-$203k a year and Level rates it ; you can apply on State Street.
Level's read on this job
- On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
- Tools and skills the posting cites include Python, Cloud and APIs.
- Level classifies it as a lead role.
- Level lists 1,300+ other open roles at State Street.
AI in this role
Lead software engineering and product modernization for fixed income platforms, applying AI responsibly for decision support and alerts.
Role Overview
Lead the strategy, engineering, modernization, and delivery of technology supporting global Fixed Income Cash Investment Management. This role partners with portfolio managers, traders, credit, risk, compliance, operations, and technology teams to build resilient, scalable platforms for liquidity management, portfolio construction, repo, trade workflows, controls, and reporting.
The successful candidate will combine Fixed Income / Cash investment domain knowledge with strong product engineering leadership to simplify the application landscape, improve real-time cash visibility, automate manual workflows, and deliver measurable business outcomes.
Key Responsibilities
What You Will Do
- Own the roadmap and technical direction for Fixed Income Cash Investment Management platforms across liquidity, portfolio construction, credit exposure, repo, trading, compliance, reconciliation, and reporting.
- Lead modernization through cloud adoption, APIs, event-driven services, shared data products, resilient engineering, and thoughtful build-versus-buy decisions.
- Automate cash-flow aggregation, forecasting, limit checks, order creation, allocations, reconciliation, exception handling, and controls.
- Deliver trusted, near-real-time views of cash, positions, maturities, exposures, limits, and pending orders.
- Apply AI and machine learning responsibly to decision support, alerts, anomaly detection, and workflow productivity.
- Lead global engineering teams and oversee architecture, development, testing, releases, production support, resilience, and vendor delivery.
- Partner with senior business and technology stakeholders to prioritize investments, manage risk, and communicate outcomes.
What We Value
- Strong knowledge of modern architecture, APIs, cloud platforms, distributed systems, data engineering, cybersecurity, observability, and production resilience.
- Track record of delivering automation and measurable improvements in efficiency, controls, data quality, and scalability.
- Ability to influence senior stakeholders, manage strategic partners, and translate investment needs into an executable technology roadmap.
Qualifications
- Bachelor's / Master’s degree in Computer Science, Engineering, Finance, Information Systems, or equivalent practical experience.
- Deep understanding of portfolio management workflows and front-office investment platforms.
- 10+ years of progressive software engineering and technology leadership experience within Asset Management, Financial Services, Capital Markets, or related industries.
- Proven track record leading large-scale engineering organizations and complex platform transformation programs.
- Strong hands-on software engineering background with prior development experience in one or more modern programming languages such as Java, Python, C++, Scala, or similar enterprise technologies.
- Experience designing, building, and operating enterprise-scale software platforms and distributed systems.
- Experience leading globally distributed teams across software engineering, architecture, quality engineering, platform engineering, and production support functions.
- Demonstrated ability to define and execute technology strategy while partnering effectively with senior business leaders.
Salary Range:
$120,000 - $202,500 AnnualThe 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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How we rate this
Fixed Income Cash Investment Management Product Engineering & Innovation Lead, VP II - State Street Investment Management at State Street rates 25 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Questions you could be asked
- Tell me about a project where software engineering was part of your work. What did you do?
- Tell me about a project where product management was part of your work. What did you do?
- Tell me about a project where fixed income was part of your work. What did you do?
- Tell me about a project where automation was part of your work. What did you do?
- Tell me about a project where distributed systems was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Software Engineering, Product Management, Fixed Income, Automation, and Distributed Systems. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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