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Salary
$25k – $51k per year (Estimated)
Location
In office (Hyderabad, Bengaluru)
Seniority
Architect
Employment
Full-Time
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.

As a hands on Technical Architect, you will be responsible for end-to-end architecture, design, and implementation of mission-critical systems. You will define both macro and micro level architecture and implement with engineering teams to modernize a VC++ platform into Reacts JS/Java based event based high throughput, low latency micro services based platform, ensuring alignment with cloud-native principles.

Key Responsibilities

Architecture & Platform Design

  • Define and evolve the architecture for a distributed, cloud-native Investment Accounting platform, aligned with enterprise principles (scalability, resiliency, availability).

  • Design modular microservices architectures, ensuring clear service boundaries, domain-driven design, and reusability across business capabilities.

  • Establish event-driven architecture patterns for real-time processing, enabling decoupled and scalable workflows.

  • Define data architecture and integration patterns, including unified data models, event contracts, and consistency strategies across IBOR/ABOR domains.

  • Hands on experience and capability to walk the talk is critical. This is not architecture only role.

Modernization Leadership (VC++ → Java)

  • Lead the modernization of legacy VC++ systems into Java-based, distributed services

  • Define migration patterns, decomposition strategies, and phased transformation roadmaps

  • Ensure functional equivalence where required, while enabling architectural evolution beyond legacy constraints

  • Guide teams on translating low-level C++ constructs into scalable Java service patterns (stateless services, async processing, etc.)

Performance, Throughput & Scalability

  • Architect systems for high-throughput transaction processing and near real-time accounting workflows

  • Define cache-driven design strategies (distributed caching, in-memory processing, read/write optimization)

  • Establish performance benchmarks, scalability patterns, and capacity planning principles

Cloud-Native & Engineering

  • Design and implement for cloud-native (containerization, orchestration, DevSecOps).

  • Establish cross-cutting capabilities:

    • Observability (logging, metrics, tracing) for operational intelligence

    • Resiliency patterns (retry, circuit breaker, idempotency)

    • Security and compliance controls

  • Ensure API-first and contract-first design principles are adhered to.

Required Qualifications

  • Extensive experience in software architecture and distributed systems design

  • Strong programming background in VC++ and Java, with proven experience in system modernization.

  • Rich experience with AWS/Azure along with modern CICD platforms and pipeline as code.

  • Deep expertise in:

    • Event-driven architectures

    • Microservices and domain-driven design

    • High-performance and low-latency systems

  • Experience building large-scale distributed systems with low latency and high throughput

  • Strong understanding of data consistency, transaction processing, and accounting-like systems

Preferred Qualifications

  • Experience in Investment Accounting / Financial Services platforms (transactions, valuations, positions, multi-currency processing)

  • Familiarity with:

    • Observability and operational intelligence frameworks

    • Unified data models and ledger-based architectures

  • Experience working in regulatory and audit-heavy environments (traceability, reconciliation.

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

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