Application Development and Maintenance Lead, AVP

{"description": " Who we are looking for

We 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 Us

• Acts 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 for

As an Application Development lead, you will:

• Participate in functional and technical requirements gathering, ensuring solutions meet business, scalability, and resilience expectations
• Lead BAU development and maintenance activities, including defect resolution, enhancements and improvements
• Provide hands-on support for complex production issues, partnering with L2/L3 support teams to perform root-cause analysis and permanent fixes
• Identify issues and implement solutions to complex, cross-application problems, addressing performance, reliability, security, and maintainability concerns
• Review and approve design and code changes with a strong focus on risk management and backward compatibility
• Partner with product owners and business stakeholders to guide overall application design and delivery priorities
• Own and maintain technical documentation for implemented code, integrations, and system behaviors
• Facilitate integration across platforms and applications, ensuring consistency and reuse where appropriate
• Collaborate with DevOps engineers to improve CI/CD pipelines, automation, and deployment practices
• Provide engineering and troubleshooting support to production support teams and upstream/downstream development teams

What we value

These skills will help you succeed in this role

• Strong analytical and problem-solving skills, with the ability to diagnose issues in complex, distributed systems
• Experience leading maintenance or BAU delivery for mission-critical financial systems
• Strong programming experience in one or more of the following: C++, C# and Java
• Experience 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 processes
• Experience working with global, multi-location teams
• Strong stakeholder management skills, including interaction with senior technology and business leaders
• Strong communication skills, with the ability to explain technical issues to non-technical audiences

Education & Preferred Qualifications

• Bachelor's degree (BS or higher) in Computer Science, Engineering, or a related discipline
• 10+ years of hands-on software development experience
• Familiarity with Github Copilot
• Demonstrated experience supporting and enhancing large-scale, multi-tier financial applications

Work Requirement

• Princeton location onsite- 2 days currently but in future this could change depending on the teams requirement

Salary Range:
$100,000 - $167,500 Annual

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the 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

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.

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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.", "salary_raw": null}