Application Development Lead - AVP at State Street Corporation - United States

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

19 Oct, 26

Salary

0.0

Posted On

21 Jul, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cobol, Pl1, Jcl, Db2, Cics, Mq, Mainframe Modernization, Sdlc, Agile, Stakeholder Management, Root Cause Analysis, Technical Leadership, Performance Tuning, Release Management, Financial Services, Software Engineering

Industry

Financial Services

Description

The Assistant Vice President (AVP) – Mainframe Technologies is responsible for leading the design, development, maintenance, modernization, and support of enterprise-critical mainframe applications. This role involves driving technology transformation initiatives while maintaining high service availability for production platforms and ensuring adherence to organizational standards, regulatory requirements, and risk controls. Why this role is important to us The team you will be joining is part of Global Technology Services (GTS), which delivers enterprise technology capabilities that support State Street’s global businesses. Within GTS, this role aligns to the Fund Accounting value stream, focused on designing and delivering technology solutions that support high‑volume, time‑critical processing. What you will be responsible for As an AVP of Software Engineering & Development you will: Lead end-to-end delivery of mainframe application development and maintenance initiatives. Provide technical leadership for IBM Mainframe technologies including COBOL, PL1, JCL, DB2, CICS, and MQ. Drive modernization initiatives. Manage multiple projects across development and support teams. Ensure delivery commitments related to scope, quality, budget, and timelines. Coordinate with stakeholders for requirements, prioritization, and issue resolution. Monitor project risks, dependencies, and resource utilization. Lead root cause analysis and resolution for major production incidents. Drive continuous improvement initiatives to reduce operational risk. Lead and mentor development team members. Support hiring, onboarding, and talent development initiatives. Act as a primary technology partner for business, operations, and senior leadership. Translate business requirements into scalable technical solutions. Present status updates, risks, and strategic recommendations to leadership teams. Identify opportunities to modernize legacy applications. Drive adoption of automation, AI-assisted development, and engineering best practices. Support migration and integration strategies between mainframe and cloud/distributed platforms. What we value These skills will help you succeed in this role Strong expertise in Mainframe technologies - COBOL, PL1, JCL, DB2, and CICS. Familiarity with performance tuning techniques. Experience working in Banking, Custody, Asset Servicing, Fund Accounting, or Financial Services environments. Strong knowledge of Software Development Life Cycle (SDLC), Agile, and release management. Demonstrated critical thinking and sound decision‑making capabilities in complex environments. Strong problem-solving and analytical abilities. Good communication and stakeholder collaboration. Education & Preferred Qualifications Bachelor's or Master's degree in Computer Science, Information Technology, Engineering, or related field. 12–16 years of IT experience with at least 8+ years in Mainframe development and support. Additional requirements The following are considered a plus, but are not required Experience with IDz Experience with MQ 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

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Responsibilities

Lead the design, development, and modernization of enterprise-critical mainframe applications within the Fund Accounting value stream. Manage end-to-end delivery, mentor development teams, and act as a primary technology partner for business and senior leadership.