Software Engineer New Grad

Charles River Development (CRD) is the FinTech division of State Street.  Together with State Street’s middle- and back-office services, Charles River’s cloud-based Front Office technology forms the foundation of the State Street Alpha® Platform, the first front-to-back solution in the industry.

Industry momentum has seen CRD grow over 135% in headcount over the last 5 years, and we continue to grow. As a digital innovation leader, we invest in our solutions, processes, systems, and talent.

CRD / Alpha® Platform Engineering organization is innovating and transforming the platform by moving away from monolithic software to using cloud-based technology that leverages Microsoft Azure, Kafka, Snowflake, etc.

As a part of our talent growth strategy, CRD Engineering is partnering with leading universities in North America to develop new talent. We are looking to hire recent university graduates and graduating seniors majoring in Computer Science or another technical field of study for the Full Stack, UX/UI, Quality and Performance Engineering roles. Junior engineers will receive coaching and guidance from senior engineers and leadership as they develop their skills and will become part of an agile organization and contribute to the development of the CRD/Alpha Platform.

Position Summary:

Be an integral part of an agile organization and contribute to the development of one or more CRD/Alpha Platform modules. Junior engineers will receive coaching and guidance from senior engineers and leadership as they develop their skills and contribute to the team.

We will match each candidate’s existing knowledge and career interests to the company’s priorities to help you build knowledge and practical hands-on experience in one or several of the areas below:

• Full Stack Development
• Front-end UI/UX development
• DevOps
• Database Engineering

Responsibilities:

• Work with senior engineers to design, build, test, and improve software features across the CRD/Alpha Platform
• Collaborate with Business Analysts to create simple and sustainable software solutions for complex problems
• Participate in the agile software development process including attending all daily standups, sprint planning, backlog grooming, and retrospectives
• Participate in on-the-job and formal trainings to develop your career

This role provides hands-on experience with modern technologies, including:

• Learn modern front-end development practices using JavaScript, TypeScript, React, Redux, and React Query.
• Gain exposure to the Node.js ecosystem, including npm and/or Yarn.
• Gain hands-on experience integrating Large Language Models (LLMs) into software applications using APIs, prompt design, and enterprise knowledge retrieval patterns.
• Develop practical experience with object-oriented programming using Java and/or C#.
• Learn how to build event-driven architectures using technologies such as Kafka.
• Gain exposure to Kubernetes, DevOps practices, and scalable application deployment.
• Learn to develop cloud-native services on Microsoft Azure or AWS using Java and Spring.
• Learn database technologies such as Snowflake, SQL Server, and PostgreSQL.
• Develop an understanding of observability, operability, scalability, and modern software architecture principles.
• Build business knowledge in areas such as portfolio management, trading, compliance, post-trade, IBOR, and wealth management.
• Build knowledge of testing standards and frameworks such as Jest, Cypress, and Jasmine.

Required Qualifications

• B.S. or M.S. degree in Computer Science, Software Engineering, Engineering, Mathematics, Physics, or a related technical field.
• 0–2 years of professional software engineering experience, internship experience, or equivalent academic project experience.
• Foundational programming experience in one or more languages such as Java, JavaScript, TypeScript, Python, or C#.
• Interest in building high-quality software in a collaborative, agile environment.

Preferred Qualifications

• Exposure to React, Node.js, SQL, cloud platforms, DevOps, testing frameworks, or distributed systems.
• Exposure to LLM concepts, prompt design, AI APIs, or AI-assisted development through coursework, internships, or project experience.
• Interest in financial technology, portfolio management, trading, compliance, post-trade, IBOR, or wealth management.

What We Value

• Curiosity, analytical thinking, and a desire to learn.
• Strong written and verbal communication skills.
• Ability to work well with peers in a collaborative team environment.

Salary Range:

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

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.

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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.