State Street Corporation

Senior Software Developer, Assistant Vice President

State Street Corporation$100K — $167K *
Information Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in software development, specifically with COBOL applications.
  • Strong analytical and problem-solving skills.
  • Familiarity with enterprise application environments and legacy architectures.
  • Experience in application modernization and migration to modern technologies like Java.
  • Proficient in SQL and relational database management systems.
  • Exposure to Unix/Linux environments and DevOps practices.
  • Ability to mentor junior developers and lead technical initiatives.

Responsibilities

  • Lead development and maintenance of critical IBOR applications.
  • Analyze and translate business requirements into technical solutions.
  • Develop enterprise applications using COBOL and related technologies.
  • Participate in initiatives to modernize and refactor COBOL applications to Java.
  • Collaborate with cross-functional teams to ensure delivery of high-quality solutions.
  • Conduct system analysis, technical design, coding, testing, and implementation activities.
  • Troubleshoot production issues and resolve application defects efficiently.

Benefits

  • 401K retirement savings plan with company match.
  • Comprehensive insurance coverage including medical, dental, and vision.
  • Generous paid time off for vacation, sick leave, and family care.
  • Access to Employee Assistance Program for personal support.
  • Incentive compensation based on performance.
  • Eligibility for tax-advantaged savings plans.
Full Job Description
Who we are looking for

State Street is seeking an experienced Senior Software Developer to join our Investment Book of Records (IBOR) Development Team. We are looking for a highly motivated technology professional with strong analytical, problem-solving, and software engineering skills who can contribute across both legacy and modern technology platforms.

The ideal candidate will bring deep expertise in COBOL-based application development, a passion for modernization, and the ability to collaborate effectively with business stakeholders, architects, and development teams to deliver innovative technology solutions.

Why this role is important to us

The Investment Book of Records (IBOR) platform is a critical component of State Street's investment servicing ecosystem, supporting key business functions and client operations. As State Street continues its digital transformation journey, modernizing and enhancing core applications is essential to improving scalability, resiliency, operational efficiency, and time-to-market.

What you will be responsible for

As Senior Software Developer, you will:

  • Lead the design, development, enhancement, and maintenance of mission-critical IBOR applications.


  • Analyze business requirements and translate them into technical solutions.


  • Develop and support enterprise applications using COBOL and related technologies.


  • Participate in application modernization initiatives, including converting and refactoring COBOL applications to Java-based solutions


  • Collaborate with solution architects, business analysts, QA teams, and infrastructure teams to deliver high-quality solutions.


  • Perform system analysis, technical design, coding, testing, and implementation activities.


  • Troubleshoot production issues and provide timely resolution for application defects.


  • Review code and technical designs to ensure adherence to development standards and best practices.


  • Contribute to application performance tuning, stability improvements, and operational excellence initiatives.


  • Support Agile development practices including sprint planning, estimation, and release activities.


  • Mentor junior developers and provide technical leadership within the team.


  • Participate in technology modernization assessments and roadmap planning.


What we value

These skills will help you succeed in this role

  • Extensive experience developing and supporting COBOL applications in enterprise environments.


  • Strong understanding of mainframe or distributed legacy application architectures.


  • Experience with application modernization and migration programs.


  • Java development experience, including object-oriented design principles.


  • Strong SQL and relational database knowledge.


  • Experience working in Unix/Linux environments.


  • Experience with source control, CI/CD, and DevOps practices. .


  • Ability to work effectively in a fast-paced, collaborative environment.


Education & Preferred Qualifications

  • Bachelor's degree in Computer Science, Engineering, Information Systems, or a related discipline.


  • 10+ years of professional software development experience.


  • Significant hands-on experience with COBOL application development and support.


  • Experience working in complex enterprise application environments.


  • Strong understanding of SDLC, Agile methodologies, and software engineering best practices.


Additional requirements

  • Ability to participate in production support activities as needed.


  • Strong organizational and prioritization skills.


  • Ability to manage multiple initiatives simultaneously.


Work Requirement

  • Onsite 4 days a week in office and one day remote
  • Standard business hours aligned to project and stakeholder needs(8am to 5pm)


Salary Range:
$100,000 - $167,500 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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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at State Street Corporation, where your career development is our priority. Join State Street Corporation and be part of a team that values innovation, leadership, and a commitment to excellence. Your future in the financial services industry starts here.
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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