Middle Office - Senior Associate
State Street
Middle Office - Senior Associate at State Street is a full time role based in Mumbai, India. It was published on 21 July 2026 and was open at last check.
| Role | Middle Office - Senior Associate |
|---|---|
| Company | State Street |
| Location | Mumbai, India |
| Employment type | Full Time |
| Published | 21 July 2026 |
| Status | Open at last check |
Job Title: Senior Associate – Accounting & Reconciliation (Middle Office)
Role Summary
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.
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)
- 3–6 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 - Senior Associate at State Street — questions answered
What does the Middle Office - Senior Associate role at State Street pay?
State Street does not publish a salary on this Middle Office - Senior Associate listing, so OnJob shows no figure for it rather than an estimate. For what this role pays across the market, the OnJob salary guides aggregate the live listings that do disclose pay.
Where is the Middle Office - Senior Associate role at State Street based?
State Street lists this Middle Office - Senior Associate role in Mumbai, India, advertised as full time work at that location. Larger employers sometimes cover several sites under one city name, so confirm the exact office with State Street before you apply.
Is the Middle Office - Senior Associate role at State Street still open?
The Middle Office - Senior Associate posting at State Street was open at OnJob's last check of the employer's careers page, having been published on 21 July 2026. OnJob re-checks source listings on each build and marks a role closed once it disappears, but listings can close without notice, so the employer's own page is the final word.
How do you apply for the Middle Office - Senior Associate role at State Street?
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