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Salary
$147k – $160k per year
Location
In office (Quincy)
Seniority
Senior · 5+ years exp
Employment
Full-Time

Confirmed on the employer's own hiring board on Oct 19, 2026. First seen by Alion on Aug 11, 2026. State Street scores A on the Alion truth index.

Overview
Company
Impact
Profile match
State Street is an American financial institution founded in Boston in 1792 and one of the oldest banks in the United States, though its modern business bears little resemblance to retail banking. It is one of the three dominant global custodians, holding trillions of dollars of assets in safekeeping for institutional investors and providing the fund accounting, administration and settlement infrastructure that asset managers depend on. Its investment arm State Street Global Advisors created the first American exchange traded fund with the SPDR S&P 500 Trust and remains one of the largest index managers in the world.

IT Business Analysis (State Street Bank and Trust Company; Quincy, MA): Will implement applications that synthesize data from State Street’s varied trading and reference systems, perform simulation, pricing, and aggregation, and report the results for regulatory and risk management purposes. Works with a team of geographically distributed developers to deliver solutions to State Street business problems in the risk domain, and is expected to be “on-call” to be an escalation contact if there are production failures. Specific duties of the position include: analyzing and implementing fault tolerant architectures to optimize operational resiliency for both batch and real-time environments; working with business users and IT to define Functional specifications and prioritize stories based on product roadmap; working with the business and development teams to define requirements , product backlog and documentation; translating the business requirements into functional specifications; working with SQA and Development teams on delivery of fixes and enhancements; troubleshooting and resolving issues quickly and efficiently; analyzing data using Python/SQL queries and write the functional specification documentation; working on multiple initiatives simultaneously and running meetings to explain and walk through business needs; providing post production support and maintenance; liaising with Scrum masters , business/system analyst and software engineers to assists in resolving system issues; participating in Daily stand ups , iteration planning , product demos and retrospective meetings; coordinating and collaborating with team and stake holders as necessary in furtherance of project and support goals; ensuring that the test case scenarios, test cases and feature files connect between the business requirements and system service. Hybrid telecommuting permitted pursuant to company policy.

Minimum Requirements: Bachelor’s degree, or its equivalent, in Computer Science, Computer Engineering, or another directly related technical field and 5 years of experience as a Software Engineer or other occupation providing relevant experience.

Total experience must include the following: demonstrated experience analyzing and testing fault tolerant architectures to optimize operational resiliency for both batch and real-time environments; demonstrated experience in Agile development methodology and scrum master skills in engineering teams; proven knowledge of Proof-of-concept development in the areas of statistical processing of large volume numeric data, in-memory aggregation; demonstrated experience understanding the structure of existing systems to figure out means of accomplishing tactical and strategic business objectives within aggressive timelines; demonstrated experience in analyzing and validating large volume data processing frameworks; demonstrated experience in analyzing data using Python/SQL queries and writing the functional specification documentation; proven knowledge of databases, ETL and UNIX systems. (Unless otherwise indicated, State Street is seeking the ability in the skills listed above with no specific number of years of experience required. All experience can be gained concurrently.)

To apply to this position, you must click the “Apply” button on this page and complete the online application. An EOE.

Salary Range:

$146,806 - $160,000 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

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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure:

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.

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