S

State Street

Holds assets for institutions and runs index funds

Application Infrastructure & Service Management

Full-TimeDeadline 8/10/27
$146.8k - $180k/yr+ Annual performance-based awards + 401(k) match
Senior
Bachelor's
Quincy, MA, USA
HybridHybrid remote telecommuting is permitted pursuant to company policy.
IT Operations
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • A bachelor's degree or its equivalent in Computer Science, Computer Engineering, Electrical Engineering, or a related technical field and five years of industry experience.
  • Demonstrated success executing projects and business portfolios within complex organizational settings.
  • Ability to interact, negotiate, and influence at all levels of management and across the organization.
  • Strong organizational, analytical, and consultative abilities.
  • Experience retrieving and manipulating backend data using database SQL queries, including Tandem, DB2, Oracle, and/or Exadata; PL/SQL stored procedures, functions, sequences, triggers, views, and packages.
  • Ability to perform and review health checks, identify and escalate trends, act on application-level alerts, and assist with service restoration.
  • Experience with Dynatrace, Splunk, Grafana, Jira, ServiceNow, Autosys, MQ, Java, SQL, Windows, Linux, and UNIX.
  • Incident and problem management capabilities, including troubleshooting and investigating, assisting with root cause analysis, and remediation through review of logs and code logic.
  • Ability to handle day-to-day customer issues, including technical assistance and guidance on product and service use.
Responsibilities
  • Provide technical solutions according to established service levels for critical applications on State Street’s proprietary platform.
  • Perform incident and problem management according to ITS standards.
  • Perform and review health checks, identify and escalate trends, act on application-level alerts, and assist with service restoration.
  • Partner with business leaders to identify products, trading infrastructure, and operating models needed to implement strategies and initiatives.
  • Translate business strategic vision into functional product plans.
  • Define product features and develop product overviews, workflows, and visual artifacts to clarify product use and process ownership.
  • Manage technology and business-partner demand and help resolve competing priorities.
  • Build relationships with business partners and ensure their needs are understood to create robust, sustainable solutions.
  • Resolve significant issues or roadblocks with senior management across the bank as needed.
  • Analyze and monitor performance to optimize software and systems.
  • Provide analytics and forecasts for cloud capacity, troubleshooting, and uptime.
  • Review, analyze, and evaluate business and user needs to recommend solutions and options.
  • Develop and execute projects and ensure appropriate resource allocation to meet changing needs and requirements.
  • Identify and frame risks and issues and ensure their timely resolution or escalation.
  • Troubleshoot and investigate incidents and problems; assist with root cause analysis and remediation by reviewing logs and code logic.
  • Address day-to-day customer issues, including technical assistance and guidance on product and service use.
  • Continuously analyze system activity and maintain applications proactively to identify areas for improvement and concern.
  • Communicate regularly with technical, creative, and operations departments and interact with clients and technical partners to ensure projects function smoothly.
  • Perform preliminary quality checks on projects to identify errors or omissions.
  • Participate in the development of automated tools, processes, and methods meetings.
  • Collaborate with senior developers on design and code reviews.
  • Complete projects by deadlines, accounting for the importance of shipping on time.
  • Write and update technical documentation daily to record changes to the existing environment.
  • Handle complex Oracle SQL queries for Oracle database searches during production support issues and perform tests on complex Java programs for manual-activity automation.

About the company

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1792

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Simplify Jobs

Simplify's Take

What believers are saying

  • Fees, not lending, drive results: fees were 79% of revenue and grew 17% in the June 2026 quarter.
  • Equity has gained value: shares rose 36% from January to October 2026, beating custody rival Northern Trust's 23%.
  • Tech roles lead hiring: 477 of State Street's 1,133 open jobs in October 2026 were in information technology.

What critics are saying

  • Cuts continue despite record revenue: State Street booked $190 million in layoff charges from October 2025 to March 2026.
  • Its closest rival is more profitable: BNY kept 40% of mid-2026 revenue as pre-tax profit, versus State Street's 34%.
  • Legal risk lingers: Vanguard paid $29.5 million in March 2026 to exit an 11-state coal antitrust suit State Street fights.

What makes State Street unique

  • It doubles as a fund giant: it managed $6.3 trillion in June 2026, nearly triple custody rival BNY's $2.2 trillion.
  • Rival fund firms run on its back office: it services over 3,000 ETFs, about 39% of global ETF assets.
  • Fund managers trade through its software: it bought trading-system maker Charles River for $2.6 billion in 2018.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus

Growth & Insights and Company News

Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
PR Newswire
Oct 14th, 2026
State Street shares fall 7% on $4.00B revenue miss as investors face securities probe

State Street shares fell about 7% at market open on October 14, 2026, after the company reported third-quarter revenue of $4.00 billion, below the roughly $4.03 billion analysts expected. Shares opened at about $161.90, down roughly $12.20 from the previous close. Fee revenue of about $3.14 billion also missed the estimated $3.18 billion. Law firm Levi & Korsinsky, through its SueWallSt service, has opened an investigation into whether State Street adequately disclosed fee-revenue trends before the report. It is also examining whether shareholders may have claims for potential securities law violations.

Yahoo Finance
Oct 13th, 2026
State Street Q3 earnings preview: 13.9% revenue growth expected after $4.05B last quarter

State Street (NYSE:STT) reports third-quarter earnings on Wednesday before the bell. Analysts expect revenue to grow 13.9% year on year, up from 8.8% in the same quarter last year. Last quarter, the financial services company posted revenue of $4.05 billion, up 16.7% and above analyst estimates. It also beat expectations for assets under management and earnings per share. Analysts have largely held their estimates over the past 30 days. Peers Jefferies and FactSet have already reported, with revenue up 8.5% and 6.3% respectively, both ahead of forecasts. State Street shares are down 7% over the past month, trading at $175.05. The average analyst price target is $199.03.

Gate.com
Oct 12th, 2026
Bloomberg announces 11th Annual ETFs in Depth event for November 19.

Bloomberg announces 11th Annual ETFs in Depth event for November 19. 2026-10-12 05:54:08 Key takeaways. * Bloomberg announced its 11th Annual ETFs in Depth event for November 19 in New York City. * Vanguard, BlackRock, and State Street will participate in discussions on artificial intelligence and tokenization. * The event venue changed to the Conrad hotel to accommodate increased space requirements. Bloomberg announced its 11th Annual ETFs in Depth event scheduled for November 19 in New York City. The event will take place at the Conrad hotel due to increased space requirements. Major financial firms including Vanguard, BlackRock, and State Street will participate, with discussions covering artificial intelligence, tokenization, and new ETF products. Bloomberg event features major financial firms and innovation topics. The 11th Annual ETFs in Depth event will host executives from Vanguard, BlackRock, and State Street. The agenda includes discussions on artificial intelligence, tokenization, and novel ETF products. Eric Balchunas will present a 2027 ETF outlook at the event. The venue changed to the Conrad hotel in New York City to accommodate increased space requirements. Faq. When is Bloomberg's 11th Annual ETFs in Depth event? Bloomberg's 11th Annual ETFs in Depth event is scheduled for November 19 in New York City at the Conrad hotel. Which firms will participate in Bloomberg's ETF event? Major financial firms including Vanguard, BlackRock, and State Street will participate in the event, with discussions covering artificial intelligence, tokenization, and new ETF products. Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Kalkine Media
Oct 8th, 2026
State Street Bank acquires 5.15% stake in SRG Global Limited

State Street Bank and Trust Company and its State Street Corporation subsidiaries have acquired a 5.15% stake in SRG Global Limited, becoming substantial shareholders. The disclosure, filed on 8 October 2026, shows the group holds relevant interest in 32,640,420 ordinary shares. The relevant interests span multiple State Street entities, including State Street Global Advisors units in Australia, Europe and the US. These interests derive from investment management roles, securities lending arrangements and collateral securities rights under the Corporations Act 2001. Registered holders identified in the filing include Citibank NA, Northern Trust Company, JPMorgan AG, BNP Paribas and Bank of New York Mellon. Security parcels range from 28,583 to 21,684,348 ordinary shares.

Calcalist Tech
Oct 6th, 2026
Capitolis raises $220M from Wall Street giants at $1.9B valuation

Capitolis, a fintech developing technology for banks and financial institutions, has raised $220 million in new financing, comprising a $120 million Series E equity round and debt financing. The equity round values the company at $1.9 billion, up from $1.6 billion in 2022. The round was led by existing investor Citi and included new strategic investors Bank of America, Nomura, and Tradeweb Markets. Existing investors Barclays, BNP Paribas, J.P. Morgan, State Street, and UBS also participated. Founder and CEO Gil Mandelzis said most funds will support Capitolis' recent acquisition of eSecLending, which expands the company into securities lending. Capitolis operates across Capital Marketplace and Portfolio Optimization businesses, helping financial institutions optimise resources and improve market efficiency.