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 &TMVOversight

SupportIBORaccounting activities including journal entries, accruals, and valuation checks

Review trial balances and assist inTMVvalidation 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. 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.

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Middle Office, Assistant Vice President