Middle Office - Assistant Vice President

The Assistant Vice President 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.  Key Responsibilities  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. Team 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)  13+ 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.