Algorithmic Trading Jobs in Massachusetts (NOW HIRING)

Who we are looking for
We are looking for a senior technology leader to co-lead the eFX and FX Front Office Technology organization, responsible for developing, implementing, and overseeing technology solutions supporting State Street Markets FX Sales & Trading.
The role leads a globally distributed engineering organization, partnering closely with business stakeholders to deliver scalable, high-performance trading platforms while ensuring strong regulatory compliance, operational resilience, and continuous improvement across systems and processes.
eFX and FX Front Office Technology a multi-platform engineering organization that builds bespoke electronic FX trading solutions operating globally on a follow-the-sun basis. These systems are large, mesh-based, service-oriented platforms deployed across multiple data centers and process significant trading flow daily. The platform supports: Electronic market making, Client algorithmic trading, Pricing systems, Order management systems, Straight-through processing (STP) applications
This is a business-facing leadership role requiring the ability to operate effectively at a senior level across both technology and front-office stakeholders. Strong communication skills are essential, including the ability to engage both technical and non-technical audiences.
The successful candidate will possess deep knowledge of FX Spot, Forwards, Swaps, Benchmarks, and eNDF trading, along with extensive experience in electronic trading technology and leading high-performing global teams.
Why this role is important to us
eFX is a strategic business initiative with a multi-year expansion plan and is central to the firm's electronic trading growth and client franchise. This role is critical to:

• Delivering scalable, high-performance FX trading platforms
• Enabling new trading capabilities and client solutions
• Maintaining strong risk, control, and operational resilience

What you will be responsible for
As NA Head of eFX and FX Front Office Technology, you will be responsible for:
Technology Strategy & Platform Ownership

• Define and execute the technology strategy for eFX and FX front-office platforms aligned to business priorities
• Own the design, development, and operation of low-latency, high-throughput trading systems, ensuring performance, scalability, and availability
• Maintain overall accountability for platform stability and production integrity

Business Alignment & Delivery Execution

• Partner with Trading, Sales, Quants, and Product teams to deliver trading capabilities and client functionality
• Translate business priorities into technology roadmaps and execution plans
• Oversee the planning, budgeting, and delivery of initiatives across platforms, enhancements, and integrations
• Ensure delivery across multiple concurrent workstreams in a global, follow-the-sun model
• Support growth in electronic trading volumes and client franchise through scalable and differentiated technology capabilities

Organization Leadership

• Lead, mentor, and develop a high-performing global engineering organization across development, QA, and delivery
• Drive a culture of ownership, accountability, and engineering excellence
• Ensure effective coordination across global, distributed teams

Engineering Excellence & AI Enablement

• Drive engineering standards across code quality, SDLC, and release management
• Promote adoption of:
  • AI-assisted development practices (e.g., code generation, testing automation)
  • Agentic workflows to improve developer productivity and operational efficiency
• Lead implementation of AI-driven capabilities to enhance:
  • Decision support and analytics
  • Automation across engineering and operations

Risk, Compliance & Resiliency

• Ensure all systems and processes comply with regulatory, internal policy, and control requirements
• Maintain strong adherence to enterprise resiliency, disaster recovery, and cybersecurity standards
• Protect sensitive financial data and ensure business continuity across critical platforms

Vendor & Platform Management

• Manage relationships with external vendors and technology partners
• Ensure optimal performance and value realization from third-party services

What we value
These skills will help you succeed in this role:

• Strong leadership capability with experience managing global engineering organizations
• Deep business knowledge of FX Spot, Swaps, Forwards, and eNDF markets
• Experience with large-scale distributed electronic trading platforms
• Experience in high-frequency and automated trading environments
• Strong understanding and application of Artificial Intelligence (AI) and Machine Learning in trading and operations ; Agentic systems and workflow automation ; AI-assisted software development practices ; Ability to operate under pressure and manage competing priorities
• Proven ability to deliver across multiple parallel workstreams
• Strong communication skills with the ability to influence senior stakeholders

Education & Preferred Qualifications

• 15+ years of experience in front-office trading technology, preferably within FX
• Proven track record leading large-scale electronic trading platforms
• Experience in performance engineering / low latency systems
• Demonstrated experience driving AI adoption
• Prior experience in a bank or hedge fund environment
• Master's degree in Computer Science, Engineering, or related discipline preferred
• Strong communicator with the ability to engage both technical and business stakeholders

Work Requirement

• Hybrid work requirement

Salary Range:
$170,000 - $267,500 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.