AI Developer Senior Associate
About the job
- Strong expertise in large language models, prompt engineering, and AI system design.
- Experience building AI copilots, conversational interfaces, or agent-based systems.
- Hands-on experience with retrieval-augmented generation architectures, embeddings, and vector databases.
- Familiarity with model context protocol frameworks, tool-calling patterns, and agent orchestration.
- Experience with cloud-native AI services, preferably Azure, and distributed architectures.
- Proficiency in Python and at least one additional language: Java, C#, or TypeScript.
- Experience with API-driven architectures, microservices, and event streaming such as Kafka or Event Hub.
- Knowledge of distributed caching using Redis or Hazelcast and performance optimization patterns.
- Strong software engineering fundamentals, including testing, continuous integration and continuous delivery, code quality, and design patterns.
- Familiarity with AI governance, model risk management, and security best practices.
- Ability to work across strategic and hands-on engineering tasks.
- A B.S. or M.S. in Computer Science, Engineering, Mathematics, or a related field.
- Zero to three or more years of software engineering experience, with a focus on building scalable systems.
- Experience delivering AI/ML-powered applications into production.
- Strong understanding of modern AI architectures, including large language models, retrieval-augmented generation, APIs, and orchestration layers.
- Experience working with cloud platforms such as Azure, AWS, or GCP.
- Design, develop, and deploy AI-powered services, including copilots, agent-based workflows, and automation tools.
- Build and integrate large language model-based solutions using orchestration frameworks and tool-calling patterns.
- Implement retrieval-augmented generation pipelines using enterprise data sources and vector databases.
- Develop and integrate multi-agent systems using model context protocol servers, APIs, and agent-to-agent-based tooling.
- Embed AI capabilities into core CRD and Alpha workflows across front-, middle-, and back-office processes.
- Build reusable AI enablement platforms, software development kits, and shared services for product teams.
- Integrate AI services with cloud platforms and enterprise systems.
- Expose AI capabilities through API management layers and event-driven architectures.
- Ensure the performance, scalability, and reliability of AI systems in production environments.
- Implement monitoring, evaluation, and observability for AI models and pipelines.
- Apply responsible AI practices, including security, explainability, compliance, and governance.
- Collaborate with product, architecture, data science, and user experience teams to deliver end-to-end solutions.
- Participate in agile development processes, including sprint planning, code reviews, and retrospectives.
- Experience in investment management, trading systems, or financial data platforms.
- Experience with AI agent frameworks, model context protocol servers, or advanced orchestration patterns.
- Experience working within Agile/Scrum teams following modern software development lifecycle practices, including secure coding standards and continuous integration and continuous delivery.
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'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
6 month growth
-8%1 year growth
-8%2 year growth
-8%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.
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.
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.
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.
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.