Cryptographic Key Management Operations Engineer

State Street is seeking a Cryptographic Key Management Operations Engineer to support the end-to-end lifecycle management of cryptographic keys across cloud, on-premises, infrastructure and IoT environments. This role ensures the secure generation, distribution, rotation, revocation, and retirement of encryption keys while maintaining compliance with regulatory and security policies. The Key Operations Engineer will drive operational excellence and automation to enhance key lifecycle processes. This role requires close collaboration with security, IT, cloud, infrastructure, and application teams to maintain the availability, reliability, and security of key management services, supporting business-critical operations and financial transactions. This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

What you will be responsible for:

• Support the daily operations and security of cryptographic key management, ensuring compliance with financial industry regulations e.g. (PCI DSS, GDPR, FIPS 140-2/3).
• Drive the secure generation, storage, distribution, rotation, revocation, and retirement of encryption keys across cloud, on-premises, and IoT environments.
• Monitor and respond to key management incidents, such as key compromise, expiration, or policy violations, ensuring timely remediation and risk mitigation.
• Maintain the availability, integrity, and security of key management infrastructure, troubleshooting incidents and ensuring adherence to SLAs.
• Collaborate with security, cloud, infrastructure, and DevSecOps teams to integrate cryptographic services into enterprise applications, infrastructure and IoT security frameworks.
• Optimize and automate key management processes, leveraging APIs, key management platforms (KMS), security orchestration tools, and infrastructure-as-code (IaC) methodologies.
• Ensure high availability and reliability of key management services to support secure transactions and data protection.
• Develop and maintain detailed documentation of key management processes, procedures, and operational workflows.
• Provide reporting and analysis on key usage, compliance, performance metrics, and risk exposure to senior leadership and auditors.
• Stay up to date with emerging cryptographic technologies, security threats, and regulatory changes, ensuring that key management practices evolve accordingly.

Education & Preferred Qualifications:

• Bachelor’s degree in Computer Science, Cybersecurity, Information Security, or related field or equivalent work experience.
• 3+ years of experience in key management operations, cryptographic security, or information security within a financial institution or other regulated environment.
• Strong expertise in cryptographic key lifecycle management, including symmetric and asymmetric encryption, PKI, and HSMs (Hardware Security Modules).
• Experience with enterprise key management solutions (AWS KMS, Azure Key Vault, HashiCorp Vault, OCI KMS).
• Familiarity with financial security regulations and standards, such as PCI DSS, FIPS 140-2/3, and NIST guidelines.
• Experience with IoT device security and embedded encryption techniques.
• Experience with SIEM tools for key access monitoring.
• Security certifications such as CISM, CISSP, CCSP, and AWS Security Specialty.
• Experience with post-quantum cryptography (PQC) readiness and emerging cryptographic frameworks.
• Experience with JIRA and Confluence.

Additional requirements:

• Travel up to 10% may be required.

Are you the right candidate?

Yes! We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

Why this role is important to us:

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation. We offer a collaborative environment where technology skills and innovation are valued in a global organization. We’re looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company. Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

About State Street:

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.

Salary Range: $120,000 - $187,500 Annual