State Street Corporation

Head of Investment Accounting Engineering, MD

State Street Corporation$170K — $282K *
Finance & Insurance
15+ years of experience
Job Overview by Ladders

Qualifications

  • 20+ years of software engineering experience, including 10+ years in investment accounting or financial platforms.
  • Proven experience delivering large-scale finance/accounting platforms.
  • Deep knowledge of accounting processes, NAV, reconciliations, and multi-asset support.
  • Experience with cloud-native architectures, APIs, and distributed systems.
  • Hands-on background in modern DevOps, CI/CD, and infrastructure automation practices.
  • Hands-on experience working with AI tools (LLMs, Agents, etc.).
  • Strong people-leadership skills with experience building high-performance teams across geographies.

Responsibilities

  • Define and execute a long-term vision for a next-generation investment accounting product.
  • Lead engineering teams in building accounting platform components including accounting engines and reconciliation services.
  • Drive technology selection and adoption aligned with business needs and cloud-native best practices.
  • Leverage AI to drive builds and create maintainable systems effectively.
  • Implement cloud-native, event-driven architectures for real-time processing capabilities.
  • Ensure compliance with banking controls, auditability, and regulatory frameworks.
  • Build and mentor a multi-disciplinary engineering organization to attract top talent.

Benefits

  • Retirement savings plan (401K) with company match.
  • Comprehensive insurance coverage including life, medical, dental, and vision.
  • Paid-time off for vacation, sick leave, and family responsibilities.
  • Employee Assistance Program access.
  • Performance-based incentive compensation eligibility.
Full Job Description
The Head of Investment Accounting Engineering will lead the design, development, and operation of a modern, cloud native, scalable investment accounting platform supporting multi-asset class accounting, data management, controls, and reporting across global investment operations. This platform will operate at global, multi-tenant scale and must support petabyte-scale data processing, high-throughput event handling, and strict financial correctness guarantees. This role is ideal for a seasoned engineering leader with deep expertise in cloud architecture (especially Azure), distributed computing, investment accounting capabilities, data architecture, and enterprise platform modernization within enterprise capital markets and asset servicing environments.

The ideal candidate combines strong domain knowledge in enterprise investment accounting (e.g., ABOR/IBOR, event processing, corporate actions, reconciliations, cash management), technical excellence, and strategic leadership to scale teams, processes, and build platforms that enable accuracy, scalability, transparency, and auditability.

This leader owns reliability, scalability, auditability, and cost efficiency as first-class outcomes.

Key Responsibilities

  • Define and execute the long-term vision and platform strategy for a next-generation investment accounting product


  • Lead engineering teams building accounting platform components including accounting engines, rules frameworks, event processing, reconciliation, and reporting services.


  • Drive selection and adoption of technologies (e.g., Snowflake, Kafka, Postgres, Kubernetes, Redis or similar) aligned with business requirements and cloud-native best practices.


  • Leverage AI tools and vendors to drive builds and create easily maintainable systems


  • Drive adoption of AI-led engineering practices (e.g., agent-based development, automated testing, code generation)


  • Develop embedded AI capabilities within accounting workflows (e.g., reconciliation, anomaly detection, data access)


  • Implement cloud-native, event-driven architectures enabling real-time processing capabilities.


  • Deliver against tight platform-level SLOs/SLIs for availability, latency, and data correctness, and ensure systems are designed for resilience, fault tolerance, and deterministic processing


  • Ensure platform incorporates highly automated DevOps, Implementation, Product Security and SaaS operations models


  • Partner with Product and Operations to define accounting data models, SLAs, and controls.


  • Lead integration across front, middle, and back-office systems.


  • Fulfill all banking controls, auditability, and regulatory compliance frameworks.


  • Build, mentor, and scale a multi-disciplinary engineering organization attracting top engineers.


  • Represent engineering strategy to executive leadership, aligning with firm goals.


  • Partner with with Finance, FinOps, and Architecture teams to meet/exceed all budget requirements for the product


Required Qualifications

  • 20+ years of software engineering experience, including 10+ years in investment accounting or financial platforms.


  • Proven experience delivering large-scale finance/accounting platforms.


  • Deep knowledge of accounting processes, NAV, reconciliations, and multi-asset support.


  • Experience with cloud-native architectures, APIs, and distributed systems.


  • Hands-on background in modern DevOps, Product Security and DataOps practices: CI/CD, container orchestration (Kubernetes), infrastructure automation, and observability.


  • Hands on experience working with and implementing AI tools (LLMs, Agents, etc)


  • Familiarity with security, regulatory and compliance frameworks


  • Strong people-leadership skills: team building, coaching, and creating high-performance cultures across geographies.


  • Experience partnering with multiple enterprise application teams in global settings to deliver end-to-end solutions.


  • Experience working with Finance and Product teams to estimate, gain approval of, and meet budget / P&L targets


  • Exceptional communication skills with the ability to articulate complex technical concepts to executives.


Preferred Experience

  • Experience with enterprise accounting and OMS platforms such as Aladdin, Geneva, or SimCorp.


  • Experience with AWS, Azure, or GCP.


  • Familiarity with regulatory reporting requirements.


  • Experience with large-scale onboarding and migration programs.


  • Engineering or Finance degree.


Success Indicators

  • Delivery of performant, scalable, highly automated, and secure investment accounting platform.


  • Delivery of MVPs across multiple sales models


  • High degree of deployment and support automation


  • Minimized data latency and performance.


  • Full client adoption and alignment with strategic initiatives.


  • High-performing engineering team growth and retention.


  • Clear roadmap execution, cost efficiency, and alignment with Product initiatives.
  • Significant acceleration of delivery timelines using AI


Salary Range:
$170,000 - $282,500 Annual

The 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 Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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