Software Engineer – Backend Platforms, Assistant Vice President (Wealth Custody & Clearing)
State Street is hiring a Software Engineer – Backend Platforms, Assistant Vice President (Wealth Custody & Clearing) in Dallas, United States. It pays $80k-$140k a year and Level rates it ; you can apply on State Street.
Level's read on this job
- Little AI ●○○○ is how Level rates this software engineer role: aI is not part of the work.
- The posting mentions backend development, apis and distributed systems among its tools and skills.
- Level classes it as a lead role.
- State Street has 1,100+ other open roles on Level.
AI in this role
Design and develop scalable backend services and API platforms for wealth custody and clearing solutions.
Who we are looking for
State Street’s Wealth Custody & Clearing business is seeking multiple Assistant Vice Presidents, Software Engineers to join our growing Technology organization. These are hands-on engineering roles responsible for designing, developing, testing, and supporting modern software capabilities across our wealth custody and clearing platform.
We are seeking engineers with experience in senior backend development, software development engineering, API-driven platforms, distributed systems, cloud-enabled development, and enterprise application delivery. Successful candidates will help build resilient, scalable, secure, and production-grade technology solutions supporting advisor, brokerage, custody, clearing, trading, onboarding, servicing, and operational workflows.
This role is intended to support multiple engineering needs across the platform. Final team alignment may vary based on candidate experience and business priorities, including backend engineering, full-stack development, API and integration engineering, platform engineering, or cloud-native application development.
Why this role is important to us
The team you will be joining is part of Wealth Custody & Clearing, a strategic growth initiative focused on building a modern, scalable, and highly integrated platform for RIAs, broker-dealers, and wealth management firms. Software Engineers are critical to delivering the digital capabilities, services, integrations, and operational workflows required to support a highly regulated, transaction-oriented wealth platform.
This role is important because WC&C requires strong engineering execution across core platform services, client and advisor experiences, third-party integrations, data movement, workflow automation, and production resiliency. The selected candidates will help ensure the platform is built with the right foundation for scale, security, reliability, observability, and long-term maintainability.
What you will be responsible for
As an Assistant Vice President, Software Engineer, you will:
- Design, develop, test, and deploy enterprise-grade software solutions supporting the Wealth Custody & Clearing platform
- Build scalable backend services, APIs, integrations, and platform capabilities that support custody, clearing, onboarding, trading, servicing, reporting, and advisor workflows
- Develop cloud-enabled and API-first solutions using modern engineering practices, secure coding standards, and strong software design principles
- Partner with Product, Architecture, Operations, Risk, Compliance, and Engineering teams to translate business requirements into high-quality technical solutions
- Contribute to technical design reviews, architecture discussions, engineering standards, and platform delivery decisions
- Support integration initiatives with external fintech, custody, clearing, broker-dealer, and market infrastructure providers
- Ensure solutions meet expectations for performance, resiliency, security, observability, auditability, data integrity, and operational readiness
- Participate in Agile delivery processes, including estimation, sprint planning, development, testing, release readiness, deployment, and production support
- Troubleshoot complex technical issues, support root cause analysis, and contribute to continuous platform improvement
- Mentor junior engineers and contribute to a culture of engineering excellence, ownership, and continuous improvement
What we value
These skills will help you succeed in this role:
- Strong software engineering fundamentals with a focus on secure, scalable, maintainable, and well-tested solutions
- Hands-on experience building production-grade applications, backend services, APIs, or distributed systems in complex enterprise environments
- Ability to connect technical decisions to business outcomes and deliver practical solutions in a highly regulated operating environment
- Strong collaboration and communication skills across technical and non-technical stakeholders
- Comfort navigating ambiguity, solving complex problems, and contributing to a fast-moving platform buildout
- Ownership mindset with a commitment to resiliency, quality, documentation, and operational excellence
Education & Preferred Qualifications
- Bachelor’s degree in Computer Science, Engineering, Information Systems, or a related field; equivalent professional experience will also be considered
- 7+ years of software engineering, backend engineering, or application development experience with progressively increasing responsibility
- Experience delivering business-critical applications in Agile software development environments
- Hands-on experience with modern programming languages such as Java, Kotlin, Python, JavaScript, TypeScript, or similar technologies
- Experience with RESTful APIs, microservices, distributed systems, event-driven architectures, and enterprise integration patterns
- Experience with cloud-enabled development, CI/CD pipelines, DevOps practices, automated testing, and modern software delivery tooling
- Experience with relational databases, NoSQL databases, messaging platforms, observability tools, monitoring, logging, and performance optimization preferred
- Experience with Docker, Kubernetes, cloud platforms, or containerized application deployment preferred
- Financial services experience preferred; wealth management, brokerage, custody, clearing, trading, fintech, advisor platforms, or transaction processing experience considered a plus
Additional requirements
We are seeking multiple engineers across senior backend engineering and software development engineering disciplines. Candidates may be aligned to backend services, full-stack application development, API and integration engineering, platform engineering, or cloud-native application development depending on business priorities and candidate experience.
Candidates should be comfortable working in an enterprise technology environment where accuracy, resiliency, security, controls, documentation, and operational readiness are critical. Experience supporting systems with high availability, fault tolerance, strong data integrity, and production support expectations is strongly preferred.
Work Requirement
- Standard business hours are expected, with flexibility required to support delivery milestones, production needs, and collaboration across locations
Salary Range:
$80,000 - $140,000 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
Software Engineer – Backend Platforms, Assistant Vice President (Wealth Custody & Clearing) at State Street rates 0 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
Pay
- This job starts at
- $80k
- Typical software engineer job
- $167k
This posting starts 52% below the typical software engineer job. See software engineer jobs
Questions you could be asked
- Tell me about a project where backend development was part of your work. What did you do?
- Tell me about a project where apis 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?
- Tell me about a project where cloud development was part of your work. What did you do?
- Tell me about a project where software engineering was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Backend Development, APIs, Distributed Systems, Cloud Development, and Software Engineering. 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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