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Wealth R&D Technology, Co-op

State Street

State Street

IT
Boston, MA, USA
USD 41,600-65k / year
Posted on Feb 19, 2026

Wealth R&D Team Overview

The Wealth Research & Development (R&D) team at State Street is a newer strategic innovation group focused on designing and delivering next-generation wealth management solutions. This team operates as an incubator for new ideas, leveraging advanced technology, data analytics, and client-centric design to transform how wealth services are delivered.

What you will be responsible for

As a Technology Co-op on the Wealth R&D team, you will actively contribute to shaping innovative solutions for the future of wealth management. This role emphasizes emerging technologies such as agentic and generative AI, data science, data management and application development. You will work on evaluating technical solutions, designing test strategies, and participating in proof-of-concept initiatives to validate next-generation capabilities.

Your responsibilities will include:

  • Research & Analysis:
    Investigate cutting-edge technologies, frameworks, and design principles to inform product strategy and innovation priorities.
  • Data & Insights:
    Gather, clean, and analyze data to support AI-driven initiatives and digital platform development.
  • Product Development Support:
    Collaborate with product managers and engineers on requirements gathering, design and architecture documentation, feature testing, and quality assurance for emerging solutions.
  • Innovation Projects:
    Contribute to proof-of-concept initiatives, helping validate new technologies and approaches for wealth platforms.
  • Client-Centric Design:
    Translate principles captured in user research activities, persona development, and feedback sessions into solution designs.
  • Cross-Team Collaboration:
    Work closely with internal stakeholders across technology, product, and strategy teams to align deliverables with business objectives. Lead knowledge transfer sessions to ensure a broad understanding of the technology architecture across the range of constituents – internal team, partners, clients and program executives.
  • Presentation & Reporting:
    Prepare summaries, dashboards, and presentations to communicate findings and progress to leadership and project teams.

These skills will help you succeed in this role

  • Analytical Thinking: Ability to interpret data, identify patterns, and draw actionable insights to inform product architecture and design.
  • Technical Aptitude: Proficiency with tools for data gathering (SQL), data analysis (Excel, Python, or similar), AI models, and front and back end development for generative and interactive agentic AI
  • Research Skills: Strong capability to conduct technical research to evaluate products, tools, competitor capabilities and synthesize findings into clear recommendations.
  • Collaboration & Communication: Comfort working in cross-functional teams and effectively communicating ideas through written and verbal channels to both technical and non-technical colleagues
  • Problem-Solving Mindset: Creative approach to tackling challenges and contributing to proof-of-concept initiatives.
  • Attention to Detail: Precision in handling data, documentation, and testing activities to ensure quality outcomes. Precision in communication to ensure smooth information delivery.
  • Adaptability & Curiosity: Eagerness to learn, explore new concepts, and thrive in a fast-paced, innovation-driven environment.

Key technologies you will work with

  • Agentic Artificial Intelligence – autonomous agents for decision-making and workflow automation
  • Generative Artificial Intelligence – LLMs and generative models for content and interaction
  • Data Science & Data Management – data wrangling, analytics, and governance
  • Python – scripting, automation, and AI model development
  • Application Building – modern frameworks for scalable, interactive applications
  • Interactive Chat Agents – conversational AI and digital assistants

Education & Preferred Qualifications

Pursuing a degree or a strong focus in Computer Science, Data Science, Engineering, or related technical field

Exposure to AI/ML concepts, Python programming, and application development frameworks is a plus

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:

$41,600 - $65,000 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

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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.