Application Development and Maintenance Lead, AVP

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.Who we are looking forWe are looking for an Application Development Lead, reporting directly to Development Manager. You will be responsible to lead the enhancement, maintenance, and modernization of Insurance applications. This role will act as a technical lead within one or more agile scrum teams, owning components or modules of complex Insurance systems.The ideal candidate will provide hands‐on engineering leadership, mentor junior developers, partner closely with product owners and architects, and offer advanced troubleshooting support to production support and peer development teams. This role requires strong engineering depth, system‐level thinking, and the ability to influence technical direction across teams.Why This Role Is Important to UsActs as the first line of technical ownership for Insurance accounting platform, enabling rapid triage and resolution of production incidents impacting clients and operations.Ensures client‐critical accounting workflows remain stable by prioritizing fixes based on business impact, risk, and regulatory sensitivity.Partners closely with production support and business teams to reduce incident recurrence through root‐cause analysis and permanent remediation.Maintains client confidence by balancing fast response times with controlled, low‐risk application changes.What you will be responsible forAs an Application Development lead, you will:Participate in functional and technical requirements gathering, ensuring solutions meet business, scalability, and resilience expectationsLead BAU development and maintenance activities, including defect resolution, enhancements and improvementsProvide hands‐on support for complex production issues, partnering with L2/L3 support teams to perform root‐cause analysis and permanent fixesIdentify issues and implement solutions to complex, cross‐application problems, addressing performance, reliability, security, and maintainability concernsReview and approve design and code changes with a strong focus on risk management and backward compatibilityPartner with product owners and business stakeholders to guide overall application design and delivery prioritiesOwn and maintain technical documentation for implemented code, integrations, and system behaviorsFacilitate integration across platforms and applications, ensuring consistency and reuse where appropriateCollaborate with DevOps engineers to improve CI/CD pipelines, automation, and deployment practicesProvide engineering and troubleshooting support to production support teams and upstream/downstream development teamsWhat we valueThese skills will help you succeed in this roleStrong analytical and problem‐solving skills, with the ability to diagnose issues in complex, distributed systemsExperience leading maintenance or BAU delivery for mission‐critical financial systemsStrong programming experience in one or more of the following: C++, C# and JavaExperience in Investment Accounting, Fund Accounting, or Financial Markets with an understanding of asset classes such as Equities, Fixed Income, Derivatives. Familiarity with accounting events, valuation, corporate actions, settlement, and reconciliation processesExperience working with global, multi‐location teamsStrong stakeholder management skills, including interaction with senior technology and business leadersStrong communication skills, with the ability to explain technical issues to non‐technical audiencesEducation & Preferred QualificationsBachelor's degree (BS or higher) in Computer Science, Engineering, or a related discipline10+ years of hands‐on software development experienceFamiliarity with Github CopilotDemonstrated experience supporting and enhancing large‐scale, multi‐tier financial applicationsWork RequirementPrinceton location onsite- 2 days currently but in future this could change depending on the teams requirementSalary Range:$100,000 - $167,500 AnnualThe 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 StreetAcross 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/careersRead our CEO StatementJob 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.