Middle Office, Officer

The Officer 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)  

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.

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