Middle Office, Senior Associate

The Senior Associate will be responsible for executing and overseeing daily accounting and reconciliation activities across investment portfolios, ensuring accuracy, completeness, and timely delivery. The role requires strong analytical capability, operational rigor, and the ability to manage exceptions, risks, and stakeholder expectations within a middle office environment.

1. Reconciliation & Break Management   Perform daily cash, position, and transaction reconciliations across multiple asset classes   Investigate and resolve reconciliation breaks within defined SLAs   Identify root causes and drive permanent resolution of recurring discrepancies   Liaise with custodians, fund administrators, and internal teams to resolve issues   2. Accounting &   TMV   Oversight   Support   IBOR   accounting activities including journal entries, accruals, and valuation checks   Review trial balances and assist in   TMV   validation processes   Ensure adherence to accounting standards and internal control frameworks   3. Exception Handling & Risk Control   Monitor exceptions and escalate high-risk items in a timely manner   Ensure compliance with operational risk and control procedures   Participate in audits and provide required documentation and explanations   4. Process Improvement & Automation   Identify opportunities to enhance efficiency and reduce manual intervention   Support automation initiatives and system enhancements   Contribute to standardization and documentation of processes   5. Stakeholder Management   Act as a point of contact for internal stakeholders, clients, and external partners   Provide clear and concise reporting on reconciliation status and key issues   Collaborate with front office, fund accounting, and technology teams   6.

Contribution   Mentor junior team members and support knowledge sharing   Assist in workload management and ensure timely deliverables     Qualifications & Experience   Bachelor’s degree in Finance, Accounting, or related field (CA/CFA/CPA is a plus)   3   to 10   years of experience in middle office, fund accounting, or reconciliation roles   Strong understanding of financial instruments (equities, fixed income, derivatives preferred)   Experience with reconciliation tools and accounting systems     Key Skills   Strong analytical and problem-solving skills   High attention to detail and accuracy   Good understanding of financial markets and investment operations   Effective communication and stakeholder management   Ability to work under tight deadlines in a dynamic environment     Preferred Competencies   Knowledge of reconciliation platforms (e.g., TLM, DUCO, IntelliMatch)   Exposure to automation tools (e.g., Alteryx, Python, RPA)   Understanding of regulatory and audit requirements   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