The Associate 2 will support daily IBOR accounting activities across investment portfolios, ensuring accurate maintenance of positions, cash, accruals, and transactions within the Investment Book of Record (IBOR). The role requires strong attention to detail, analytical skills, and the ability to investigate exceptions while operating within a controlled and deadline-driven workplace. The individual will work closely with Reconciliation, Fund Accounting, Asset Maintenance, Pricing, and Technology teams to ensure data integrity and operational excellence.
Key Responsibilities
IBOR Accounting & Processing
Perform daily IBOR accounting activities and validate portfolio transactions.
Monitor and process cash movements, income accruals, corporate actions, and security events.
Verify accuracy of positions, cash balances, and valuation data within the IBOR platform.
Support day-to-day accounting production and reporting requirements.
Exception Management
Investigate accounting exceptions and data integrity issues.
Perform root cause analysis for breaks and discrepancies.




Partner with internal teams to resolve operational issues within established timelines.
Escalate material issues and control concerns appropriately.
Reconciliation Support
Support cash, position, transaction, and valuation reconciliations.
Assist in break resolution and documentation of findings.
Ensure reconciliation exceptions are investigated and resolved timely.
Risk & Controls
Adhere to established operational controls and procedures.
Maintain accurate audit trails and process documentation.
Support internal and external audit requests as required.
Identify control gaps and raise process improvement opportunities.
Continuous Improvement
Participate in process improvement and automation initiatives.
Assist in documenting procedures and updating operating guidelines.
Contribute ideas to improve efficiency, accuracy, and scalability.
Required Experience
2–4 years of experience in IBOR Accounting, Fund

📌 IBOR Accounting, Associate 2 (Mumbai)
🏢 State Street
📍 Mumbai